1 of 20 contracts (100 sh uncapped) | BE SS: $93.40 | CC-SS: $94.68 (banked floor $94.33) | IV: HIGH | Accounts: Joint:1782
| Max Loss | $5,040 | (ND $28.40 + SW $22) x 100 |
| Normal income ref | $417/mo | 95% ann ROI on ML |
| Hedge (static, never rolled) | $0/mo | HP expiry = SP LEAPS; decay ≈ $78/mo (info only, already in marks) |
| Unrealized P&L | $-2,145 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 19x $81.5C 17 Jul 2026 | U6241782 | $0.40 | $760 | 2026-07-11 |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 1 contracts). The master ranks the two by E[net]/mo to pick one grand pick; both are shown here so you can choose the tenor that fits your roll cadence.
| Track | Expiry | Sell | Survival | Income/mo | E[net]/mo |
|---|---|---|---|---|---|
| NEXT FRIDAY 🏆 | 24 Jul 2026 · 7d | 1 × $74 | 67% | $257 | $-220 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | FIGHT edge | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | 🛡 safe yield | 1 × $79 | 24 Jul | 7d | 9.6% | 93% | 13% | +2pp | $10 | $43 | -$214 | $1,558 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $79 9.6% OTM over spot $72.06 24 Jul 2026 (7d, $0.40 mid) = $10 credit for the 7d cycle → $43/mo projected Survival (stays ≤ $79) 93% Breach risk 7% POP (stays ≤ $79.40) 94% EV / mo +$15 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +2pp 39% whole by 9mo vs 37% doing nothing FIRE DRILLS ~0.9/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $32/mo median; plan ~$22/mo after 68% keep · $248 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~3.3 mo [1.7-5.7], measured ONLY among the 39% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 11% Flat exit net (mid-life) -$235 Free roll-up none Safest escape (by 14 Aug 2026) $80 @ 67% POP 58% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.46/sh now → $2.45 mid-life (likely $1.97–$3.53) → ≈ $0 at expiry | you banked $0.10/sh, so a flat mid-life exit nets -$2.35/sh | roll rows are incremental, the banked premium stays yours 📊 Across 322 simulated challenges: the $79 strike is typically first touched on day 5 of 7, at $80 (overshoots $1.16). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $79 is $16 below CC-SS $94.68: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.03/sh (~25% of the $0.10 collected) or spot ≥ $79.40 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $79)); NOT the premium you collected. Momentum override: two daily closes above $81.64 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $94.68, where you are whole again, by expiry) Starting unrealized P&L: $-2,145 + Fortress recovery (un-capped): +$2,043 − CC assignment net of premium (1 × $79): -$1,558 Total Position P&L @ SS: $-1,660 (+$485 vs today) Do-nothing baseline at SS: $-560 (this trade vs do-nothing: $-1,100, the opportunity cost of earning $43/mo FIGHT income now) BB-reversion stress (→ $79.75 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$65, position total $-1,515 (+$630 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 1 × $75 | 24 Jul | 7d | 4.1% | 75% | 52% | +7pp | $40 | $171 | -$86 | $1,928 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $75 4.1% OTM over spot $72.06 24 Jul 2026 (7d, $0.98 mid) = $40 credit for the 7d cycle → $171/mo projected Survival (stays ≤ $75) 75% Breach risk 25% POP (stays ≤ $75.97) 81% EV / mo $-54 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +7pp 51% whole by 9mo vs 44% doing nothing FIRE DRILLS ~3.9/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $81/mo median; plan ~$55/mo after 68% keep · $598 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~3.1 mo [1.9-5.0], measured ONLY among the 51% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 40% Flat exit net (mid-life) -$180 Free roll-up none Safest escape (by 14 Aug 2026) $77 @ 70% POP 63% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.11/sh now → $2.20 mid-life (likely $2.43–$3.69) → ≈ $0 at expiry | you banked $0.40/sh, so a flat mid-life exit nets -$1.80/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,192 simulated challenges: the $75 strike is typically first touched on day 4 of 7, at $76 (overshoots $1.06). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $75 is $20 below CC-SS $94.68: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.10/sh (~25% of the $0.40 collected) or spot ≥ $75.97 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $75)); NOT the premium you collected. Momentum override: two daily closes above $81.64 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $94.68, where you are whole again, by expiry) Starting unrealized P&L: $-2,145 + Fortress recovery (un-capped): +$2,043 − CC assignment net of premium (1 × $75): -$1,928 Total Position P&L @ SS: $-2,030 (+$115 vs today) Do-nothing baseline at SS: $-560 (this trade vs do-nothing: $-1,470, the opportunity cost of earning $171/mo FIGHT income now) BB-reversion stress (→ $79.75 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$435, position total $-1,885 (+$260 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 1 × $74 | 24 Jul | 7d | 2.7% | 67% | 52% | +8pp | $60 | $257 | — | $2,008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $74 2.7% OTM over spot $72.06 24 Jul 2026 (7d, $1.23 mid) = $60 credit for the 7d cycle → $257/mo projected Survival (stays ≤ $74) 67% Breach risk 33% POP (stays ≤ $75.22) 76% EV / mo $-82 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +8pp 48% whole by 9mo vs 40% doing nothing FIRE DRILLS ~5.8/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $103/mo median; plan ~$70/mo after 68% keep · $759 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~3.4 mo [2.0-5.6], measured ONLY among the 48% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 52% Flat exit net (mid-life) -$154 Free roll-up none Safest escape (by 14 Aug 2026) $77 @ 71% POP 65% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.02/sh now → $2.14 mid-life (likely $2.56–$3.74) → ≈ $0 at expiry | you banked $0.60/sh, so a flat mid-life exit nets -$1.54/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,562 simulated challenges: the $74 strike is typically first touched on day 3 of 7, at $75 (overshoots $1.04). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $74 is $21 below CC-SS $94.68: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.15/sh (~25% of the $0.60 collected) or spot ≥ $75.22 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $74)); NOT the premium you collected. Momentum override: two daily closes above $81.64 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $94.68, where you are whole again, by expiry) Starting unrealized P&L: $-2,145 + Fortress recovery (un-capped): +$2,043 − CC assignment net of premium (1 × $74): -$2,008 Total Position P&L @ SS: $-2,110 (+$35 vs today) Do-nothing baseline at SS: $-560 (this trade vs do-nothing: $-1,550, the opportunity cost of earning $257/mo FIGHT income now) BB-reversion stress (→ $79.75 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$515, position total $-1,965 (+$180 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 1 × $72 | 24 Jul | 7d | -0.1% | 51% | 99+% | · | $125 | $536 | +$279 | $2,143 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $72 0.1% ITM over spot $72.06 24 Jul 2026 (7d, $2.08 mid) = $125 credit for the 7d cycle → $536/mo projected Survival (stays ≤ $72) 51% Breach risk 49% POP (stays ≤ $74.08) 68% EV / mo $-153 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 100% Flat exit net (mid-life) -$77 Free roll-up none Safest escape (by 14 Aug 2026) $78 @ 79% POP 76% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $2.85/sh now → $2.02 mid-life → ≈ $0 at expiry | you banked $1.25/sh, so a flat mid-life exit nets -$0.77/sh | roll rows are incremental, the banked premium stays yours
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened. More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stressIncome coverage
Downside budget ⚠ $72 is $23 below CC-SS $94.68: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.31/sh (~25% of the $1.25 collected) or spot ≥ $74.08 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $72)); NOT the premium you collected. Momentum override: two daily closes above $81.64 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $94.68, where you are whole again, by expiry) Starting unrealized P&L: $-2,145 + Fortress recovery (un-capped): +$2,043 − CC assignment net of premium (1 × $72): -$2,143 Total Position P&L @ SS: $-2,245 ($-100 vs today) Do-nothing baseline at SS: $-560 (this trade vs do-nothing: $-1,685, the opportunity cost of earning $536/mo FIGHT income now) BB-reversion stress (→ $79.75 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$650, position total $-2,100 (+$45 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (4 expiries scanned, 28 clear the income floor), each sized to the minimum contracts that clear it. Sorted by survival (safest first): the primary 🎯 is the safest; rows below trade safety for income.
Fortress delta: 0.903 (IBKR) | Recovery@SS: +$2,043 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-560
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $75.50 | 14d | 31 Jul 2026 | $1.00 | 1/1 | $214 | $214 | 72% | 79% | +$24 | -$1,818 | 64.0% | $-1,920 (vs do-nothing $-1,360) |
| $74 | 7d | 24 Jul 2026 | $0.60 | 1/1 | $257 | $257 | 67% | 76% | $-82 | -$2,008 | 70.7% | $-2,110 (vs do-nothing $-1,550) |
| $74.50 | 21d | 7 Aug 2026 | $1.55 | 1/1 | $221 | $221 | 65% | 74% | +$2 | -$1,863 | 65.6% | $-1,965 (vs do-nothing $-1,405) |
| $74 | 14d | 31 Jul 2026 | $1.20 | 1/1 | $257 | $257 | 64% | 73% | $-31 | -$1,948 | 68.6% | $-2,050 (vs do-nothing $-1,490) |
| $73.50 | 7d | 24 Jul 2026 | $0.50 | 1/1 | $214 | $214 | 63% | 74% | $-196 | -$2,068 | 72.8% | $-2,170 (vs do-nothing $-1,610) |
| $74 | 21d | 7 Aug 2026 | $1.60 | 1/1 | $229 | $229 | 62% | 73% | $-16 | -$1,908 | 67.2% | $-2,010 (vs do-nothing $-1,450) |
| $74 | 28d | 14 Aug 2026 | $2.00 | 1/1 | $214 | $214 | 61% | 72% | $-21 | -$1,868 | 65.8% | $-1,970 (vs do-nothing $-1,410) |
| $73.50 | 14d | 31 Jul 2026 | $1.25 | 1/1 | $268 | $268 | 61% | 71% | $-61 | -$1,993 | 70.2% | $-2,095 (vs do-nothing $-1,535) |
| $73.50 | 21d | 7 Aug 2026 | $1.85 | 1/1 | $264 | $264 | 60% | 72% | $-7 | -$1,933 | 68.1% | $-2,035 (vs do-nothing $-1,475) |
| $73 | 7d | 24 Jul 2026 | $0.70 | 1/1 | $300 | $300 | 59% | 72% | $-192 | -$2,098 | 73.9% | $-2,200 (vs do-nothing $-1,640) |
| $73.50 | 28d | 14 Aug 2026 | $2.20 | 1/1 | $236 | $236 | 59% | 71% | $-21 | -$1,898 | 66.8% | $-2,000 (vs do-nothing $-1,440) |
| $73 | 14d | 31 Jul 2026 | $1.60 | 1/1 | $343 | $343 | 58% | 71% | $-30 | -$2,008 | 70.7% | $-2,110 (vs do-nothing $-1,550) |
| $73 | 21d | 7 Aug 2026 | $2.20 | 1/1 | $314 | $314 | 57% | 71% | +$13 | -$1,948 | 68.6% | $-2,050 (vs do-nothing $-1,490) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $73 | 28d | 14 Aug 2026 | $2.40 | 1/1 | $257 | $257 | 57% | 70% | $-22 | -$1,928 | 67.9% | $-2,030 (vs do-nothing $-1,470) |
| $72.50 | 28d | 14 Aug 2026 | $2.65 | 1/1 | $284 | $284 | 54% | 69% | $-19 | -$1,953 | 68.8% | $-2,055 (vs do-nothing $-1,495) |
| $72.50 | 21d | 7 Aug 2026 | $2.25 | 1/1 | $321 | $321 | 54% | 69% | $-12 | -$1,993 | 70.2% | $-2,095 (vs do-nothing $-1,535) |
| $72 | 28d | 14 Aug 2026 | $2.90 | 1/1 | $311 | $311 | 52% | 68% | $-17 | -$1,978 | 69.6% | $-2,080 (vs do-nothing $-1,520) |
| $72 | 21d | 7 Aug 2026 | $2.50 | 1/1 | $357 | $357 | 52% | 68% | $-11 | -$2,018 | 71.1% | $-2,120 (vs do-nothing $-1,560) |
| $72 | 14d | 31 Jul 2026 | $2.00 | 1/1 | $429 | $429 | 51% | 68% | $-46 | -$2,068 | 72.8% | $-2,170 (vs do-nothing $-1,610) |
| $72 | 7d | 24 Jul 2026 | $1.25 | 1/1 | $536 | $536 | 51% | 68% | $-153 | -$2,143 | 75.5% | $-2,245 (vs do-nothing $-1,685) |
| $71.50 | 28d | 14 Aug 2026 | $3.10 | 1/1 | $332 | $332 | 50% | 67% | $-22 | -$2,008 | 70.7% | $-2,110 (vs do-nothing $-1,550) |
| $71.50 | 21d | 7 Aug 2026 | $2.75 | 1/1 | $393 | $393 | 49% | 67% | $-12 | -$2,043 | 71.9% | $-2,145 (vs do-nothing $-1,585) |
| $71.50 | 14d | 31 Jul 2026 | $2.15 | 1/1 | $461 | $461 | 48% | 66% | $-70 | -$2,103 | 74.0% | $-2,205 (vs do-nothing $-1,645) |
| $71 | 28d | 14 Aug 2026 | $3.30 | 1/1 | $354 | $354 | 48% | 66% | $-29 | -$2,038 | 71.8% | $-2,140 (vs do-nothing $-1,580) |
| $71.50 | 7d | 24 Jul 2026 | $1.50 | 1/1 | $643 | $643 | 47% | 65% | $-160 | -$2,168 | 76.3% | $-2,270 (vs do-nothing $-1,710) |
| $71 | 21d | 7 Aug 2026 | $3.20 | 1/1 | $457 | $457 | 46% | 66% | +$13 | -$2,048 | 72.1% | $-2,150 (vs do-nothing $-1,590) |
| $71 | 14d | 31 Jul 2026 | $2.30 | 1/1 | $493 | $493 | 45% | 64% | $-99 | -$2,138 | 75.3% | $-2,240 (vs do-nothing $-1,680) |
| $71 | 7d | 24 Jul 2026 | $1.50 | 1/1 | $643 | $643 | 42% | 62% | $-286 | -$2,218 | 78.1% | $-2,320 (vs do-nothing $-1,760) |
Income/mo = FIGHT leg gross, DTE-prorated. Net/mo = FIGHT + conservative CC gross minus hedge cost. POP (mid) = probability stock closes at or below (strike + mid premium) at expiry, per-strike chain IV when available. Survival = CC expires fully worthless. EV/mo = premium minus expected buyback, monthly, with realized vol = IV x 85% (variance risk premium 15%). Cap give-up @ SS = recovery mortgaged on a V-bounce to SS, net of premium. Total P&L @ SS = absolute position P&L if the stock closes at SS; "vs do-nothing" = opportunity cost against holding all 1 contracts at the conservative CC.