20 contracts (2,000 sh) | BE SS: $93.40 | CC-SS: $96.79 (banked floor $93.69) | IV: MEDIUM | Accounts: Joint:1782
| Max Loss | $100,800 | (ND $28.40 + SW $22) x 2000 |
| Normal income ref | $12,273/mo | 75% ann ROI on ML |
| Hedge (static, never rolled) | $0/mo | HP expiry = SP LEAPS; decay โ $1,094/mo (info only, already in marks) |
| Unrealized P&L | $-23,000 | fortress legs from IBKR |
| Status | Leg | Credit/sh | Credit | Opened | Closed | Close/sh | Banked | Account | Source |
|---|---|---|---|---|---|---|---|---|---|
| EXPIRED | 20x $89C 9 Oct 2026 | $0.65 | $1,300 | 2026-10-06 | 2026-10-12 | $0.00 | $1,300 | U6241782 | execution |
| EXPIRED | 20x $90C 2 Oct 2026 | $0.65 | $1,306 | 2026-09-28 | 2026-10-05 | $0.00 | $1,306 | U6241782 | snapshot |
| EXPIRED | 20x $92C 25 Sep 2026 | $0.65 | $1,310 | 2026-09-18 | 2026-09-28 | $0.00 | $1,310 | U6241782 | snapshot |
| UNKNOWN | 20x $100C 18 Sep 2026 | $1.31 | $2,611 | 2026-08-05 | 2026-09-18 | $1.31 | $0 | U6241782 | snapshot |
| UNKNOWN | 20x $85C 7 Aug 2026 | $0.34 | $686 | 2026-08-03 | 2026-08-05 | $0.34 | $0 | U6241782 | snapshot |
| EXPIRED | 20x $80.5C 31 Jul 2026 | $0.58 | $1,166 | 2026-07-28 | 2026-08-03 | $0.00 | $1,166 | U6241782 | execution |
| CLOSED | 1x $85C 31 Jul 2026 | $0.40 | $40 | 2026-07-22 | 2026-07-28 | $0.10 | $30 | U6241782 | snapshot |
| CLOSED | 5x $85C 31 Jul 2026 | $0.40 | $201 | 2026-07-22 | 2026-07-28 | $0.16 | $121 | U6241782 | snapshot |
| CLOSED | 5x $85C 31 Jul 2026 | $0.40 | $201 | 2026-07-22 | 2026-07-28 | $0.16 | $121 | U6241782 | snapshot |
| CLOSED | 1x $85C 31 Jul 2026 | $0.40 | $40 | 2026-07-22 | 2026-07-28 | $0.16 | $24 | U6241782 | snapshot |
| CLOSED | 3x $85C 31 Jul 2026 | $0.40 | $121 | 2026-07-22 | 2026-07-28 | $0.10 | $91 | U6241782 | snapshot |
| CLOSED | 5x $85C 31 Jul 2026 | $0.40 | $201 | 2026-07-22 | 2026-07-28 | $0.10 | $151 | U6241782 | snapshot |
| EXPIRED | 19x $81.5C 17 Jul 2026 | $0.40 | $760 | 2026-07-11 | 2026-07-18 | $0.00 | $760 | U6241782 | execution |
| CLOSED | 1x $81.5C 17 Jul 2026 | $0.40 | $40 | 2026-07-11 | 2026-07-16 | $0.05 | $35 | U6241782 | execution |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 20 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 |
|---|---|---|---|---|---|
| THIS FRIDAY 🏆 | 16 Oct 2026 · 4d | 17 × $89 | 80% | $6,375 | $2,010 |
| NEXT FRIDAY | 23 Oct 2026 · 11d | 20 × $88.50 | 69% | $6,273 | $-937 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | FIGHT edge | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▸ | ๐ก safe yield | 20 × $93 | 16 Oct | 4d | 8.8% | 95%hist 95% | 9%hist 4% | -1pp | $200 | $1,500 | -$4,875 | $7,383 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 20 ร $93 8.8% OTM over spot $85.47 16 Oct 2026 (4d, $0.17 mid) = $200 credit for the 4d cycle โ $1,500/mo projected Survival (stays โค $93) 95% Breach risk 5% POP (stays โค $93.17) 96% EV / mo +$926 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE -1pp 77% whole by 9mo vs 78% doing nothing FIRE DRILLS ~0.5/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $1,258/mo median; plan ~$855/mo after 68% keep · $1,769 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~0.8 mo [0.4-1.9], measured ONLY among the 77% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 4% Flat exit net (mid-life) -$3,121 Free roll-up +$2/wk Safest escape (by 6 Nov 2026) $100 @ 79% POP 74% survival Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 2 of 4); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $2.35/sh now โ $1.66 mid-life (likely $1.35โ$2.51) โ โ $0 at expiry | you banked $0.10/sh, so a flat mid-life exit nets -$1.56/sh | roll rows are incremental, the banked premium stays yours ๐ Across 121 simulated challenges: the $93 strike is typically first touched on day 3 of 4, at $94 (overshoots $1.24). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $93 is $4 below CC-SS $96.79: 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 โฅ $93.17 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $93)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (20 ร $93): -$7,383 Total Position P&L @ SS: $-7,277 (+$15,723 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: $-1,400, the opportunity cost of earning $1,500/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 16 × $90 | 16 Oct | 4d | 5.3% | 85%hist 86% | 29%hist 24% | +3pp | $560 | $4,200 | -$2,175 | $10,307 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 16 ร $90 5.3% OTM over spot $85.47 16 Oct 2026 (4d, $0.45 mid) = $560 credit for the 4d cycle โ $4,200/mo projected Survival (stays โค $90) 85% Breach risk 15% POP (stays โค $90.45) 88% EV / mo +$1,761 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +3pp 82% whole by 9mo vs 78% doing nothing FIRE DRILLS ~1.5/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $3,286/mo median; plan ~$2,234/mo after 68% keep · $5,381 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~1.1 mo [0.5-2.4], measured ONLY among the 82% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 18% Flat exit net (mid-life) -$1,922 Free roll-up +$2/wk Safest escape (by 6 Nov 2026) $98 @ 81% POP 78% survival Roll menuyour doors if the call gets challenged; each row = buy back the 16 calls + sell the new ones, one order. Prices assume the central case (day 2 of 4); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $2.19/sh now โ $1.55 mid-life (likely $1.49โ$2.64) โ โ $0 at expiry | you banked $0.35/sh, so a flat mid-life exit nets -$1.20/sh | roll rows are incremental, the banked premium stays yours ๐ Across 545 simulated challenges: the $90 strike is typically first touched on day 3 of 4, at $91 (overshoots $1.21). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $90 is $7 below CC-SS $96.79: 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 < $0.09/sh (~25% of the $0.35 collected) or spot โฅ $90.45 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $90)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (16 ร $90): -$10,307 โ Conservative CC assignment net of premium (4 ร $93.50): -$1,197 Total Position P&L @ SS: $-11,397 (+$11,603 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: $-5,520, the opportunity cost of earning $4,200/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | ๐ฏ 50% normal | 17 × $89 | 16 Oct | 4d | 4.1% | 80%hist 86% | 41%hist 42% | +5pp | $850 | $6,375 | — | $12,396 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 17 ร $89 4.1% OTM over spot $85.47 16 Oct 2026 (4d, $0.68 mid) = $850 credit for the 4d cycle โ $6,375/mo projected Survival (stays โค $89) 80% Breach risk 20% POP (stays โค $89.67) 84% EV / mo +$2,175 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +5pp 86% whole by 9mo vs 80% doing nothing FIRE DRILLS ~2.0/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $4,321/mo median; plan ~$2,938/mo after 68% keep · $5,213 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~0.8 mo [0.4-2.1], measured ONLY among the 86% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 26% Flat exit net (mid-life) -$1,727 Free roll-up +$2/wk Safest escape (by 6 Nov 2026) $97 @ 82% POP 79% survival Roll menuyour doors if the call gets challenged; each row = buy back the 17 calls + sell the new ones, one order. Prices assume the central case (day 2 of 4); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $2.14/sh now โ $1.52 mid-life (likely $1.60โ$2.70) โ โ $0 at expiry | you banked $0.50/sh, so a flat mid-life exit nets -$1.02/sh | roll rows are incremental, the banked premium stays yours ๐ Across 795 simulated challenges: the $89 strike is typically first touched on day 3 of 4, at $90 (overshoots $1.22). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $89 is $8 below CC-SS $96.79: 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 < $0.12/sh (~25% of the $0.50 collected) or spot โฅ $89.67 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $89)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (17 ร $89): -$12,396 โ Conservative CC assignment net of premium (3 ร $93.50): -$897 Total Position P&L @ SS: $-13,187 (+$9,813 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: $-7,310, the opportunity cost of earning $6,375/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 18 × $87 | 16 Oct | 4d | 1.8% | 65%hist 64% | 71%hist 69% | +8pp | $1,710 | $12,825 | +$6,450 | $15,915 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 18 ร $87 1.8% OTM over spot $85.47 16 Oct 2026 (4d, $1.12 mid) = $1,710 credit for the 4d cycle โ $12,825/mo projected Survival (stays โค $87) 65% Breach risk 35% POP (stays โค $88.12) 74% EV / mo +$2,187 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +8pp 88% whole by 9mo vs 79% doing nothing FIRE DRILLS ~3.6/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $6,300/mo median; plan ~$4,284/mo after 68% keep · $6,977 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~0.9 mo [0.4-1.7], measured ONLY among the 88% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 51% Flat exit net (mid-life) -$892 Free roll-up +$2/wk Safest escape (by 6 Nov 2026) $98 @ 88% POP 86% survival Roll menuyour doors if the call gets challenged; each row = buy back the 18 calls + sell the new ones, one order. Prices assume the central case (day 2 of 4); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $2.04/sh now โ $1.45 mid-life (likely $1.82โ$2.99) โ โ $0 at expiry | you banked $0.95/sh, so a flat mid-life exit nets -$0.50/sh | roll rows are incremental, the banked premium stays yours ๐ Across 1,526 simulated challenges: the $87 strike is typically first touched on day 2 of 4, at $88 (overshoots $1.34). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $87 is $10 below CC-SS $96.79: 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 < $0.24/sh (~25% of the $0.95 collected) or spot โฅ $88.12 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $87)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (18 ร $87): -$15,915 โ Conservative CC assignment net of premium (2 ร $93.50): -$598 Total Position P&L @ SS: $-16,407 (+$6,593 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: $-10,530, the opportunity cost of earning $12,825/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | FIGHT edge | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▸ | ๐ก safe yield | 20 × $94 | 23 Oct | 11d | 10.0% | 90%hist 95% | 19%hist 14% | -2pp | $500 | $1,364 | -$4,909 | $5,083 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 20 ร $94 10.0% OTM over spot $85.47 23 Oct 2026 (11d, $0.45 mid) = $500 credit for the 11d cycle โ $1,364/mo projected Survival (stays โค $94) 90% Breach risk 10% POP (stays โค $94.45) 91% EV / mo +$439 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE -2pp 78% whole by 9mo vs 80% doing nothing FIRE DRILLS ~0.4/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $1,071/mo median; plan ~$729/mo after 68% keep · $1,524 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~0.9 mo [0.4-2.1], measured ONLY among the 78% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 15% Flat exit net (mid-life) -$4,311 Free roll-up +$1/wk Safest escape (by 6 Nov 2026) $98 @ 72% POP 65% survival Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 5 of 11); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.40/sh now โ $2.41 mid-life (likely $1.92โ$3.18) โ โ $0 at expiry | you banked $0.25/sh, so a flat mid-life exit nets -$2.16/sh | roll rows are incremental, the banked premium stays yours ๐ Across 439 simulated challenges: the $94 strike is typically first touched on day 8 of 11, at $95 (overshoots $1.19). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $94 is $3 below CC-SS $96.79: 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 < $0.06/sh (~25% of the $0.25 collected) or spot โฅ $94.45 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $94)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (20 ร $94): -$5,083 Total Position P&L @ SS: $-4,977 (+$18,023 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: +$900, the opportunity cost of earning $1,364/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 18 × $90 | 23 Oct | 11d | 5.3% | 77%hist 82% | 48%hist 42% | +3pp | $1,530 | $4,173 | -$2,100 | $10,695 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 18 ร $90 5.3% OTM over spot $85.47 23 Oct 2026 (11d, $0.98 mid) = $1,530 credit for the 11d cycle โ $4,173/mo projected Survival (stays โค $90) 77% Breach risk 23% POP (stays โค $90.97) 81% EV / mo +$958 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +3pp 80% whole by 9mo vs 76% doing nothing FIRE DRILLS ~1.2/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $2,924/mo median; plan ~$1,989/mo after 68% keep · $4,803 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~1.0 mo [0.5-2.7], measured ONLY among the 80% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 37% Flat exit net (mid-life) -$2,412 Free roll-up +$1/wk Safest escape (by 6 Nov 2026) $96 @ 79% POP 75% survival Roll menuyour doors if the call gets challenged; each row = buy back the 18 calls + sell the new ones, one order. Prices assume the central case (day 5 of 11); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.10/sh now โ $2.19 mid-life (likely $2.29โ$3.41) โ โ $0 at expiry | you banked $0.85/sh, so a flat mid-life exit nets -$1.34/sh | roll rows are incremental, the banked premium stays yours ๐ Across 1,103 simulated challenges: the $90 strike is typically first touched on day 6 of 11, at $91 (overshoots $1.17). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $90 is $7 below CC-SS $96.79: 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 < $0.21/sh (~25% of the $0.85 collected) or spot โฅ $90.97 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $90)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (18 ร $90): -$10,695 โ Conservative CC assignment net of premium (2 ร $93.50): -$598 Total Position P&L @ SS: $-11,187 (+$11,813 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: $-5,310, the opportunity cost of earning $4,173/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | ๐ฏ 50% normal | 20 × $88.50 | 23 Oct | 11d | 3.6% | 69%hist 64% | 63%hist 57% | +4pp | $2,300 | $6,273 | — | $14,283 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 20 ร $88.50 3.6% OTM over spot $85.47 23 Oct 2026 (11d, $1.38 mid) = $2,300 credit for the 11d cycle โ $6,273/mo projected Survival (stays โค $88.50) 69% Breach risk 31% POP (stays โค $89.88) 76% EV / mo +$774 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +4pp 82% whole by 9mo vs 78% doing nothing FIRE DRILLS ~1.6/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $4,059/mo median; plan ~$2,760/mo after 68% keep · $4,717 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~0.8 mo [0.4-2.2], measured ONLY among the 82% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 50% Flat exit net (mid-life) -$1,924 Free roll-up +$1/wk Safest escape (by 6 Nov 2026) $96 @ 83% POP 80% survival Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 5 of 11); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $2.99/sh now โ $2.11 mid-life (likely $2.44โ$3.48) โ โ $0 at expiry | you banked $1.15/sh, so a flat mid-life exit nets -$0.96/sh | roll rows are incremental, the banked premium stays yours ๐ Across 1,507 simulated challenges: the $88 strike is typically first touched on day 5 of 11, at $90 (overshoots $1.15). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $88.50 is $8 below CC-SS $96.79: 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 < $0.29/sh (~25% of the $1.15 collected) or spot โฅ $89.88 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $88)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (20 ร $88.50): -$14,283 Total Position P&L @ SS: $-14,177 (+$8,823 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: $-8,300, the opportunity cost of earning $6,273/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 20 × $85.50 | 23 Oct | 11d | 0.0% | 52%hist 67% | 100%hist 90% | +7pp | $4,500 | $12,273 | +$6,000 | $18,083 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 20 ร $85.50 0.0% OTM over spot $85.47 23 Oct 2026 (11d, $2.50 mid) = $4,500 credit for the 11d cycle โ $12,273/mo projected Survival (stays โค $85.50) 52% Breach risk 48% POP (stays โค $88.00) 67% EV / mo +$662 ๐ CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +7pp 85% whole by 9mo vs 78% doing nothing FIRE DRILLS ~4.2/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $6,907/mo median; plan ~$4,697/mo after 68% keep · $8,549 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~0.7 mo [0.3-1.8], measured ONLY among the 85% of futures that got whole ๐ก IF CHALLENGED (spot reaches the strike) ยท challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 82% Flat exit net (mid-life) +$581 Free roll-up +$1/wk Safest escape (by 6 Nov 2026) $97 @ 91% POP 91% survival Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 5 of 11); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $2.77/sh now โ $1.96 mid-life (likely $2.81โ$3.95) โ โ $0 at expiry | you banked $2.25/sh, so a flat mid-life exit nets +$0.29/sh | roll rows are incremental, the banked premium stays yours ๐ Across 2,471 simulated challenges: the $86 strike is typically first touched on day 2 of 11, at $87 (overshoots $1.44). The [P25โP75] 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 โฅ 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 โค strike + premium collected, the call is profitable); surv = P(stays โค 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) ร 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 ⚠ $85.50 is $11 below CC-SS $96.79: 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 < $0.56/sh (~25% of the $2.25 collected) or spot โฅ $88.00 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot โ $86)); NOT the premium you collected. Momentum override: two daily closes above $89.06 (daily upper band) or daily RSI > 70 โ treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic ยท fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock โ CC-SS $96.79, where you are whole again, by expiry) Starting unrealized P&L: $-23,000 + Fortress recovery (un-capped): +$23,106 โ CC assignment net of premium (20 ร $85.50): -$18,083 Total Position P&L @ SS: $-17,977 (+$5,023 vs today) Do-nothing baseline at SS: $-5,877 (this trade vs do-nothing: $-12,100, the opportunity cost of earning $12,273/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (4 expiries scanned, 36 clear the income floor), each sized to the minimum contracts that clear it. Sorted by survival (safest first): the primary ๐ฏ is the safest; rows below trade safety for income.
Fortress delta: 1.020 (IBKR) | Recovery@SS: +$23,106 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-5,877
| Strike | DTE | Expiry | Bid | Sell | Per cycle | Income/mo | Net/mo | Survival | Touch | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Recover | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $89 | 4d | 16 Oct 2026 | $0.50 | 17/20 | $850 | $6,375 | $6,620 | 80%hist 86% | 41%hist 42% | 84% | +$2,175 | -$12,396 | 21.8% | 1.0mo | $-13,187 (vs do-nothing $-7,310) |
| $88 | 4d | 16 Oct 2026 | $0.75 | 11/20 | $825 | $6,188 | $6,924 | 73%hist 82% | 54%hist 45% | 79% | +$1,919 | -$8,846 | 15.6% | 0.7mo | $-11,432 (vs do-nothing $-5,555) |
| $87.50 | 4d | 16 Oct 2026 | $0.65 | 13/20 | $845 | $6,338 | $6,910 | 69%hist 64% | 62%hist 57% | 76% | +$87 | -$11,234 | 19.8% | 0.9mo | $-13,222 (vs do-nothing $-7,345) |
| $88.50 | 11d | 23 Oct 2026 | $1.15 | 20/20 | $2,300 | $6,273 | $6,273 | 69%hist 64% | 63%hist 57% | 76% | +$774 | -$14,283 | 25.1% | 1.2mo | $-14,177 (vs do-nothing $-8,300) |
| $88 | 11d | 23 Oct 2026 | $1.35 | 17/20 | $2,295 | $6,259 | $6,505 | 66%hist 64% | 69%hist 57% | 74% | +$804 | -$12,651 | 22.3% | 1.0mo | $-13,442 (vs do-nothing $-7,565) |
| $87 | 4d | 16 Oct 2026 | $0.95 | 9/20 | $855 | $6,412 | $7,312 | 65%hist 64% | 71%hist 69% | 74% | +$1,094 | -$7,957 | 14.0% | 0.6mo | $-11,142 (vs do-nothing $-5,265) |
| $87.50 | 11d | 23 Oct 2026 | $1.45 | 16/20 | $2,320 | $6,327 | $6,655 | 64%hist 64% | 74%hist 69% | 73% | +$691 | -$12,547 | 22.1% | 1.0mo | $-13,637 (vs do-nothing $-7,760) |
| $88 | 18d | 30 Oct 2026 | $1.90 | 20/20 | $3,800 | $6,333 | $6,333 | 64%hist 64% | 75%hist 69% | 73% | +$687 | -$13,783 | 24.3% | 1.1mo | $-13,677 (vs do-nothing $-7,800) |
| $87.50 | 18d | 30 Oct 2026 | $2.10 | 18/20 | $3,780 | $6,300 | $6,464 | 62%hist 64% | 79%hist 69% | 72% | +$701 | -$12,945 | 22.8% | 1.1mo | $-13,437 (vs do-nothing $-7,560) |
| $87 | 11d | 23 Oct 2026 | $1.65 | 14/20 | $2,310 | $6,300 | $6,791 | 61%hist 64% | 80%hist 79% | 71% | +$642 | -$11,398 | 20.1% | 0.9mo | $-13,087 (vs do-nothing $-7,210) |
| $86.50 | 4d | 16 Oct 2026 | $1.00 | 9/20 | $900 | $6,750 | $7,650 | 61%hist 64% | 80%hist 69% | 72% | +$267 | -$8,362 | 14.7% | 0.7mo | $-11,547 (vs do-nothing $-5,670) |
| $87 | 18d | 30 Oct 2026 | $2.30 | 17/20 | $3,910 | $6,517 | $6,762 | 59%hist 67% | 84%hist 79% | 71% | +$700 | -$12,736 | 22.4% | 1.0mo | $-13,527 (vs do-nothing $-7,650) |
| $87 | 25d | 6 Nov 2026 | $2.60 | 20/20 | $5,200 | $6,240 | $6,240 | 59%hist 67% | 87%hist 79% | 70% | +$80 | -$14,383 | 25.3% | 1.2mo | $-14,277 (vs do-nothing $-8,400) |
| Strike | DTE | Expiry | Bid | Sell | Per cycle | Income/mo | Net/mo | Survival | Touch | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Recover | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $86.50 | 11d | 23 Oct 2026 | $1.80 | 13/20 | $2,340 | $6,382 | $6,955 | 58%hist 67% | 86%hist 79% | 70% | +$493 | -$11,039 | 19.4% | 0.9mo | $-13,027 (vs do-nothing $-7,150) |
| $86.50 | 18d | 30 Oct 2026 | $2.50 | 15/20 | $3,750 | $6,250 | $6,659 | 57%hist 67% | 89%hist 79% | 70% | +$616 | -$11,687 | 20.6% | 1.0mo | $-13,077 (vs do-nothing $-7,200) |
| $86.50 | 25d | 6 Nov 2026 | $2.90 | 18/20 | $5,220 | $6,264 | $6,428 | 56%hist 67% | 91%hist 90% | 69% | +$268 | -$13,305 | 23.4% | 1.1mo | $-13,797 (vs do-nothing $-7,920) |
| $86 | 4d | 16 Oct 2026 | $1.30 | 7/20 | $910 | $6,825 | $7,889 | 56%hist 67% | 89%hist 79% | 69% | +$732 | -$6,644 | 11.7% | 0.5mo | $-10,427 (vs do-nothing $-4,550) |
| $86 | 11d | 23 Oct 2026 | $2.00 | 12/20 | $2,400 | $6,545 | $7,200 | 55%hist 67% | 93%hist 90% | 68% | +$408 | -$10,550 | 18.6% | 0.9mo | $-12,837 (vs do-nothing $-6,960) |
| $86 | 18d | 30 Oct 2026 | $2.80 | 14/20 | $3,920 | $6,533 | $7,024 | 55%hist 67% | 94%hist 90% | 69% | +$771 | -$11,188 | 19.7% | 0.9mo | $-12,877 (vs do-nothing $-7,000) |
| $86 | 25d | 6 Nov 2026 | $3.10 | 17/20 | $5,270 | $6,324 | $6,569 | 54%hist 67% | 95%hist 90% | 68% | +$209 | -$13,076 | 23.0% | 1.1mo | $-13,867 (vs do-nothing $-7,990) |
| $85.50 | 25d | 6 Nov 2026 | $3.30 | 16/20 | $5,280 | $6,336 | $6,663 | 52%hist 67% | 100%hist 90% | 67% | +$132 | -$12,787 | 22.5% | 1.0mo | $-13,877 (vs do-nothing $-8,000) |
| $85.50 | 18d | 30 Oct 2026 | $2.90 | 13/20 | $3,770 | $6,283 | $6,856 | 52%hist 67% | 100%hist 90% | 68% | +$433 | -$10,909 | 19.2% | 0.9mo | $-12,897 (vs do-nothing $-7,020) |
| $85.50 | 11d | 23 Oct 2026 | $2.25 | 10/20 | $2,250 | $6,136 | $6,955 | 52%hist 67% | 100%hist 90% | 67% | +$331 | -$9,042 | 15.9% | 0.7mo | $-11,927 (vs do-nothing $-6,050) |
| $85.50 | 4d | 16 Oct 2026 | $1.40 | 6/20 | $840 | $6,300 | $7,445 | 51%hist 67% | 99%hist 90% | 67% | +$46 | -$5,935 | 10.4% | 0.5mo | $-10,017 (vs do-nothing $-4,140) |
| $85 | 25d | 6 Nov 2026 | $3.70 | 14/20 | $5,180 | $6,216 | $6,707 | 50%hist 67% | 100%hist 90% | 66% | +$375 | -$11,328 | 19.9% | 0.9mo | $-13,017 (vs do-nothing $-7,140) |
| $85 | 18d | 30 Oct 2026 | $3.10 | 12/20 | $3,720 | $6,200 | $6,855 | 50% | 100%hist 90% | 66% | +$308 | -$10,430 | 18.4% | 0.8mo | $-12,717 (vs do-nothing $-6,840) |
| $85 | 11d | 23 Oct 2026 | $2.50 | 9/20 | $2,250 | $6,136 | $7,036 | 49% | 100%hist 90% | 65% | +$290 | -$8,362 | 14.7% | 0.7mo | $-11,547 (vs do-nothing $-5,670) |
| $84.50 | 25d | 6 Nov 2026 | $3.80 | 14/20 | $5,320 | $6,384 | $6,875 | 48% | 100%hist 90% | 65% | +$109 | -$11,888 | 20.9% | 1.0mo | $-13,577 (vs do-nothing $-7,700) |
| $84.50 | 18d | 30 Oct 2026 | $3.40 | 11/20 | $3,740 | $6,233 | $6,970 | 47% | 100%hist 90% | 65% | +$353 | -$9,781 | 17.2% | 0.8mo | $-12,367 (vs do-nothing $-6,490) |
| $85 | 4d | 16 Oct 2026 | $1.65 | 5/20 | $825 | $6,188 | $7,415 | 46% | 100%hist 90% | 64% | +$4 | -$5,071 | 8.9% | 0.4mo | $-9,452 (vs do-nothing $-3,575) |
| $84 | 25d | 6 Nov 2026 | $4.10 | 13/20 | $5,330 | $6,396 | $6,969 | 46% | 100%hist 90% | 65% | +$148 | -$11,299 | 19.9% | 0.9mo | $-13,287 (vs do-nothing $-7,410) |
| $84.50 | 11d | 23 Oct 2026 | $2.75 | 9/20 | $2,475 | $6,750 | $7,650 | 46% | 100%hist 90% | 64% | +$17 | -$8,587 | 15.1% | 0.7mo | $-11,772 (vs do-nothing $-5,895) |
| $84 | 18d | 30 Oct 2026 | $3.60 | 11/20 | $3,960 | $6,600 | $7,336 | 45% | 100%hist 90% | 64% | +$212 | -$10,111 | 17.8% | 0.8mo | $-12,697 (vs do-nothing $-6,820) |
| $84 | 11d | 23 Oct 2026 | $3.00 | 8/20 | $2,400 | $6,545 | $7,527 | 42% | 100%hist 90% | 64% | +$296 | -$7,833 | 13.8% | 0.6mo | $-11,317 (vs do-nothing $-5,440) |
| $84.50 | 4d | 16 Oct 2026 | $1.95 | 5/20 | $975 | $7,312 | $8,540 | 42% | 100%hist 90% | 63% | +$46 | -$5,171 | 9.1% | 0.4mo | $-9,552 (vs do-nothing $-3,675) |
| $84 | 4d | 16 Oct 2026 | $2.40 | 4/20 | $960 | $7,200 | $8,509 | 37% | 100%hist 90% | 61% | +$434 | -$4,157 | 7.3% | 0.3mo | $-8,837 (vs do-nothing $-2,960) |
| Strike | DTE | Expiry | Bid | Sell | Per cycle | Income/mo | Net/mo | Survival | Touch | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Recover | Total P&L @ SS | Why not eligible |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $95 | 4d | 16 Oct 2026 | $0.05 | 20/20 | $100 | $750 | $750 | 98%hist 95% | 4%hist 4% | 98% | +$601 | -$3,483 | 6.1% | 0.3mo | $-3,377 (vs do-nothing +$2,500) | 50% income floor unreachable even selling every contract |
| $100 | 11d | 23 Oct 2026 | $0.05 | 20/20 | $100 | $273 | $273 | 98%hist 95% | 4%hist 4% | 98% | +$157 | -$0 | 0.0% | 0.0mo | $206 (vs do-nothing +$6,083) | 50% income floor unreachable even selling every contract |
| $99.50 | 11d | 23 Oct 2026 | $0.05 | 20/20 | $100 | $273 | $273 | 98%hist 95% | 5%hist 4% | 98% | +$135 | -$0 | 0.0% | 0.0mo | $206 (vs do-nothing +$6,083) | 50% income floor unreachable even selling every contract |
| $99 | 11d | 23 Oct 2026 | $0.05 | 20/20 | $100 | $273 | $273 | 97%hist 95% | 6%hist 4% | 97% | +$108 | -$0 | 0.0% | 0.0mo | $206 (vs do-nothing +$6,083) | 50% income floor unreachable even selling every contract |
| $98.50 | 11d | 23 Oct 2026 | $0.05 | 20/20 | $100 | $273 | $273 | 97%hist 95% | 6%hist 4% | 97% | +$77 | -$0 | 0.0% | 0.0mo | $206 (vs do-nothing +$6,083) | 50% income floor unreachable even selling every contract |
| $105 | 25d | 6 Nov 2026 | $0.05 | 20/20 | $100 | $120 | $120 | 97%hist 95% | 7%hist 4% | 97% | $-35 | -$0 | 0.0% | 0.0mo | $206 (vs do-nothing +$6,083) | 50% income floor unreachable even selling every contract |
| $98 | 11d | 23 Oct 2026 | $0.10 | 20/20 | $200 | $545 | $545 | 96%hist 95% | 7%hist 4% | 97% | +$313 | -$0 | 0.0% | 0.0mo | $306 (vs do-nothing +$6,183) | 50% income floor unreachable even selling every contract |
| $103 | 18d | 30 Oct 2026 | $0.10 | 20/20 | $200 | $333 | $333 | 96%hist 95% | 8%hist 4% | 97% | +$112 | -$0 | 0.0% | 0.0mo | $306 (vs do-nothing +$6,183) | 50% income floor unreachable even selling every contract |
| $97.50 | 11d | 23 Oct 2026 | $0.10 | 20/20 | $200 | $545 | $545 | 96%hist 95% | 8%hist 4% | 96% | +$268 | -$0 | 0.0% | 0.0mo | $306 (vs do-nothing +$6,183) | 50% income floor unreachable even selling every contract |
| $102 | 18d | 30 Oct 2026 | $0.10 | 20/20 | $200 | $333 | $333 | 96%hist 95% | 9%hist 4% | 96% | +$59 | -$0 | 0.0% | 0.0mo | $306 (vs do-nothing +$6,183) | 50% income floor unreachable even selling every contract |
| $97 | 11d | 23 Oct 2026 | $0.10 | 20/20 | $200 | $545 | $545 | 95%hist 95% | 9%hist 4% | 96% | +$215 | -$0 | 0.0% | 0.0mo | $306 (vs do-nothing +$6,183) | 50% income floor unreachable even selling every contract |
| $93 | 4d | 16 Oct 2026 | $0.10 | 20/20 | $200 | $1,500 | $1,500 | 95%hist 95% | 9%hist 4% | 96% | +$926 | -$7,383 | 13.0% | 0.6mo | $-7,277 (vs do-nothing $-1,400) | 50% income floor unreachable even selling every contract |
| $96.50 | 11d | 23 Oct 2026 | $0.10 | 20/20 | $200 | $545 | $545 | 95%hist 95% | 11%hist 14% | 95% | +$153 | -$383 | 0.7% | 0.0mo | $-277 (vs do-nothing +$5,600) | 50% income floor unreachable even selling every contract |
| $105 | 18d | 30 Oct 2026 | $0.05 | 20/20 | $100 | $167 | $167 | 94%hist 95% | 12%hist 14% | 94% | $-417 | -$0 | 0.0% | 0.0mo | $206 (vs do-nothing +$6,083) | 50% income floor unreachable even selling every contract |
| $96 | 11d | 23 Oct 2026 | $0.15 | 20/20 | $300 | $818 | $818 | 94%hist 95% | 12%hist 14% | 95% | +$351 | -$1,283 | 2.3% | 0.1mo | $-1,177 (vs do-nothing +$4,700) | 50% income floor unreachable even selling every contract |
| $100 | 18d | 30 Oct 2026 | $0.15 | 20/20 | $300 | $500 | $500 | 94%hist 95% | 12%hist 14% | 94% | +$76 | -$0 | 0.0% | 0.0mo | $406 (vs do-nothing +$6,283) | 50% income floor unreachable even selling every contract |
| $99.50 | 18d | 30 Oct 2026 | $0.20 | 20/20 | $400 | $667 | $667 | 93%hist 95% | 13%hist 14% | 94% | +$194 | -$0 | 0.0% | 0.0mo | $506 (vs do-nothing +$6,383) | 50% income floor unreachable even selling every contract |
| $95.50 | 11d | 23 Oct 2026 | $0.15 | 20/20 | $300 | $818 | $818 | 93%hist 95% | 14%hist 14% | 94% | +$263 | -$2,283 | 4.0% | 0.2mo | $-2,177 (vs do-nothing +$3,700) | 50% income floor unreachable even selling every contract |
| $92 | 4d | 16 Oct 2026 | $0.10 | 20/20 | $200 | $1,500 | $1,500 | 93%hist 95% | 14%hist 14% | 94% | +$455 | -$9,383 | 16.5% | 0.8mo | $-9,277 (vs do-nothing $-3,400) | 50% income floor unreachable even selling every contract |
| $99 | 18d | 30 Oct 2026 | $0.20 | 20/20 | $400 | $667 | $667 | 93%hist 95% | 14%hist 14% | 94% | +$139 | -$0 | 0.0% | 0.0mo | $506 (vs do-nothing +$6,383) | 50% income floor unreachable even selling every contract |
| $100 | 25d | 6 Nov 2026 | $0.25 | 20/20 | $500 | $600 | $600 | 92%hist 95% | 15%hist 14% | 93% | +$133 | -$0 | 0.0% | 0.0mo | $606 (vs do-nothing +$6,483) | 50% income floor unreachable even selling every contract |
| $95 | 11d | 23 Oct 2026 | $0.20 | 20/20 | $400 | $1,091 | $1,091 | 92%hist 95% | 15%hist 14% | 93% | +$432 | -$3,183 | 5.6% | 0.3mo | $-3,077 (vs do-nothing +$2,800) | 50% income floor unreachable even selling every contract |
| $98.50 | 18d | 30 Oct 2026 | $0.25 | 20/20 | $500 | $833 | $833 | 92%hist 95% | 16%hist 14% | 93% | +$244 | -$0 | 0.0% | 0.0mo | $606 (vs do-nothing +$6,483) | 50% income floor unreachable even selling every contract |
| $98 | 18d | 30 Oct 2026 | $0.25 | 20/20 | $500 | $833 | $833 | 92%hist 95% | 17%hist 14% | 92% | +$175 | -$0 | 0.0% | 0.0mo | $606 (vs do-nothing +$6,483) | 50% income floor unreachable even selling every contract |
| $94.50 | 11d | 23 Oct 2026 | $0.20 | 20/20 | $400 | $1,091 | $1,091 | 92%hist 95% | 17%hist 14% | 92% | +$310 | -$4,183 | 7.4% | 0.3mo | $-4,077 (vs do-nothing +$1,800) | 50% income floor unreachable even selling every contract |
| $91.50 | 4d | 16 Oct 2026 | $0.05 | 20/20 | $100 | $750 | $750 | 91%hist 95% | 17%hist 14% | 93% | $-636 | -$10,483 | 18.5% | 0.9mo | $-10,377 (vs do-nothing $-4,500) | 50% income floor unreachable even selling every contract |
| $99 | 25d | 6 Nov 2026 | $0.30 | 20/20 | $600 | $720 | $720 | 91%hist 95% | 18%hist 14% | 92% | +$141 | -$0 | 0.0% | 0.0mo | $706 (vs do-nothing +$6,583) | 50% income floor unreachable even selling every contract |
| $97.50 | 18d | 30 Oct 2026 | $0.30 | 20/20 | $600 | $1,000 | $1,000 | 91%hist 95% | 18%hist 14% | 92% | +$265 | -$0 | 0.0% | 0.0mo | $706 (vs do-nothing +$6,583) | 50% income floor unreachable even selling every contract |
| $94 | 11d | 23 Oct 2026 | $0.25 | 20/20 | $500 | $1,364 | $1,364 | 90%hist 95% | 19%hist 14% | 91% | +$439 | -$5,083 | 8.9% | 0.4mo | $-4,977 (vs do-nothing +$900) | 50% income floor unreachable even selling every contract |
| $97 | 18d | 30 Oct 2026 | $0.30 | 20/20 | $600 | $1,000 | $1,000 | 90%hist 95% | 20%hist 14% | 91% | +$179 | -$0 | 0.0% | 0.0mo | $706 (vs do-nothing +$6,583) | 50% income floor unreachable even selling every contract |
| $98 | 25d | 6 Nov 2026 | $0.40 | 20/20 | $800 | $960 | $960 | 90%hist 86% | 21%hist 24% | 91% | +$243 | -$0 | 0.0% | 0.0mo | $906 (vs do-nothing +$6,783) | 50% income floor unreachable even selling every contract |
| $91 | 4d | 16 Oct 2026 | $0.05 | 20/20 | $100 | $750 | $750 | 90%hist 86% | 21%hist 24% | 91% | $-1,070 | -$11,483 | 20.2% | 0.9mo | $-11,377 (vs do-nothing $-5,500) | 50% income floor unreachable even selling every contract |
| $96.50 | 18d | 30 Oct 2026 | $0.35 | 20/20 | $700 | $1,167 | $1,167 | 90%hist 86% | 21%hist 24% | 91% | +$250 | -$0 | 0.0% | 0.0mo | $223 (vs do-nothing +$6,100) | 50% income floor unreachable even selling every contract |
| $93.50 | 11d | 23 Oct 2026 | $0.30 | 20/20 | $600 | $1,636 | $1,636 | 89%hist 86% | 22%hist 24% | 91% | +$543 | -$5,983 | 10.5% | 0.5mo | $-5,877 (vs do-nothing +$0) | 50% income floor unreachable even selling every contract |
| $96 | 18d | 30 Oct 2026 | $0.40 | 20/20 | $800 | $1,333 | $1,333 | 89%hist 86% | 23%hist 24% | 90% | +$309 | -$783 | 1.4% | 0.1mo | $-677 (vs do-nothing +$5,200) | 50% income floor unreachable even selling every contract |
| $97 | 25d | 6 Nov 2026 | $0.50 | 20/20 | $1,000 | $1,200 | $1,200 | 88%hist 86% | 24%hist 24% | 90% | +$314 | -$0 | 0.0% | 0.0mo | $1,106 (vs do-nothing +$6,983) | 50% income floor unreachable even selling every contract |
| $93 | 11d | 23 Oct 2026 | $0.35 | 20/20 | $700 | $1,909 | $1,909 | 88%hist 86% | 25%hist 24% | 89% | +$618 | -$6,883 | 12.1% | 0.6mo | $-6,777 (vs do-nothing $-900) | 50% income floor unreachable even selling every contract |
| $90.50 | 4d | 16 Oct 2026 | $0.10 | 20/20 | $200 | $1,500 | $1,500 | 88%hist 86% | 25%hist 24% | 90% | $-866 | -$12,383 | 21.8% | 1.0mo | $-12,277 (vs do-nothing $-6,400) | 50% income floor unreachable even selling every contract |
| $95.50 | 18d | 30 Oct 2026 | $0.45 | 20/20 | $900 | $1,500 | $1,500 | 88%hist 86% | 25%hist 24% | 89% | +$355 | -$1,683 | 3.0% | 0.1mo | $-1,577 (vs do-nothing +$4,300) | 50% income floor unreachable even selling every contract |
| $95 | 18d | 30 Oct 2026 | $0.50 | 20/20 | $1,000 | $1,667 | $1,667 | 87%hist 86% | 27%hist 24% | 88% | +$388 | -$2,583 | 4.5% | 0.2mo | $-2,477 (vs do-nothing +$3,400) | 50% income floor unreachable even selling every contract |
| $92.50 | 11d | 23 Oct 2026 | $0.40 | 20/20 | $800 | $2,182 | $2,182 | 87%hist 86% | 27%hist 24% | 88% | +$660 | -$7,783 | 13.7% | 0.6mo | $-7,677 (vs do-nothing $-1,800) | 50% income floor unreachable even selling every contract |
| $96 | 25d | 6 Nov 2026 | $0.60 | 20/20 | $1,200 | $1,440 | $1,440 | 86%hist 86% | 28%hist 24% | 88% | +$350 | -$383 | 0.7% | 0.0mo | $-277 (vs do-nothing +$5,600) | 50% income floor unreachable even selling every contract |
| $94.50 | 18d | 30 Oct 2026 | $0.55 | 20/20 | $1,100 | $1,833 | $1,833 | 86%hist 86% | 29%hist 24% | 87% | +$405 | -$3,483 | 6.1% | 0.3mo | $-3,377 (vs do-nothing +$2,500) | 50% income floor unreachable even selling every contract |
| $90 | 4d | 16 Oct 2026 | $0.35 | 20/20 | $700 | $5,250 | $5,250 | 85%hist 86% | 29%hist 24% | 88% | +$2,201 | -$12,883 | 22.7% | 1.0mo | $-12,777 (vs do-nothing $-6,900) | 50% income floor unreachable even selling every contract |
| $92 | 11d | 23 Oct 2026 | $0.45 | 20/20 | $900 | $2,455 | $2,455 | 85%hist 86% | 31%hist 32% | 87% | +$665 | -$8,683 | 15.3% | 0.7mo | $-8,577 (vs do-nothing $-2,700) | 50% income floor unreachable even selling every contract |
| $94 | 18d | 30 Oct 2026 | $0.60 | 20/20 | $1,200 | $2,000 | $2,000 | 85%hist 86% | 32%hist 32% | 87% | +$405 | -$4,383 | 7.7% | 0.4mo | $-4,277 (vs do-nothing +$1,600) | 50% income floor unreachable even selling every contract |
| $95 | 25d | 6 Nov 2026 | $0.80 | 20/20 | $1,600 | $1,920 | $1,920 | 84%hist 86% | 32%hist 32% | 87% | +$582 | -$1,983 | 3.5% | 0.2mo | $-1,877 (vs do-nothing +$4,000) | 50% income floor unreachable even selling every contract |
| $93.50 | 18d | 30 Oct 2026 | $0.65 | 20/20 | $1,300 | $2,167 | $2,167 | 83%hist 86% | 34%hist 32% | 86% | +$387 | -$5,283 | 9.3% | 0.4mo | $-5,177 (vs do-nothing +$700) | 50% income floor unreachable even selling every contract |
| $91.50 | 11d | 23 Oct 2026 | $0.55 | 20/20 | $1,100 | $3,000 | $3,000 | 83%hist 86% | 34%hist 32% | 86% | +$900 | -$9,483 | 16.7% | 0.8mo | $-9,377 (vs do-nothing $-3,500) | 50% income floor unreachable even selling every contract |
| $94 | 25d | 6 Nov 2026 | $0.90 | 20/20 | $1,800 | $2,160 | $2,160 | 82%hist 86% | 37%hist 32% | 85% | +$523 | -$3,783 | 6.7% | 0.3mo | $-3,677 (vs do-nothing +$2,200) | 50% income floor unreachable even selling every contract |
| $93 | 18d | 30 Oct 2026 | $0.75 | 20/20 | $1,500 | $2,500 | $2,500 | 82%hist 86% | 37%hist 32% | 85% | +$514 | -$6,083 | 10.7% | 0.5mo | $-5,977 (vs do-nothing $-100) | 50% income floor unreachable even selling every contract |
| $91 | 11d | 23 Oct 2026 | $0.60 | 20/20 | $1,200 | $3,273 | $3,273 | 81%hist 86% | 38%hist 32% | 85% | +$815 | -$10,383 | 18.3% | 0.8mo | $-10,277 (vs do-nothing $-4,400) | 50% income floor unreachable even selling every contract |
| $92.50 | 18d | 30 Oct 2026 | $0.80 | 20/20 | $1,600 | $2,667 | $2,667 | 81%hist 86% | 40%hist 32% | 84% | +$452 | -$6,983 | 12.3% | 0.6mo | $-6,877 (vs do-nothing $-1,000) | 50% income floor unreachable even selling every contract |
| $93 | 25d | 6 Nov 2026 | $1.10 | 20/20 | $2,200 | $2,640 | $2,640 | 79%hist 82% | 42%hist 42% | 83% | +$645 | -$5,383 | 9.5% | 0.4mo | $-5,277 (vs do-nothing +$600) | 50% income floor unreachable even selling every contract |
| $92 | 18d | 30 Oct 2026 | $0.90 | 20/20 | $1,800 | $3,000 | $3,000 | 79%hist 82% | 43%hist 42% | 83% | +$533 | -$7,783 | 13.7% | 0.6mo | $-7,677 (vs do-nothing $-1,800) | 50% income floor unreachable even selling every contract |
| $90.50 | 11d | 23 Oct 2026 | $0.70 | 20/20 | $1,400 | $3,818 | $3,818 | 78%hist 82% | 44%hist 42% | 82% | +$591 | -$11,183 | 19.7% | 0.9mo | $-11,077 (vs do-nothing $-5,200) | 50% income floor unreachable even selling every contract |
| $92.50 | 25d | 6 Nov 2026 | $1.20 | 20/20 | $2,400 | $2,880 | $2,880 | 78%hist 82% | 45%hist 42% | 82% | +$682 | -$6,183 | 10.9% | 0.5mo | $-6,077 (vs do-nothing $-200) | 50% income floor unreachable even selling every contract |
| $91.50 | 18d | 30 Oct 2026 | $1.00 | 20/20 | $2,000 | $3,333 | $3,333 | 77%hist 82% | 46%hist 42% | 81% | +$586 | -$8,583 | 15.1% | 0.7mo | $-8,477 (vs do-nothing $-2,600) | 50% income floor unreachable even selling every contract |
| $88.50 | 4d | 16 Oct 2026 | $0.35 | 20/20 | $700 | $5,250 | $5,250 | 77%hist 82% | 47%hist 42% | 81% | $-966 | -$15,883 | 28.0% | 1.3mo | $-15,777 (vs do-nothing $-9,900) | 50% income floor unreachable even selling every contract |
| $90 | 11d | 23 Oct 2026 | $0.85 | 20/20 | $1,700 | $4,636 | $4,636 | 77%hist 82% | 48%hist 42% | 81% | +$1,064 | -$11,883 | 20.9% | 1.0mo | $-11,777 (vs do-nothing $-5,900) | 50% income floor unreachable even selling every contract |
| $92 | 25d | 6 Nov 2026 | $1.30 | 20/20 | $2,600 | $3,120 | $3,120 | 77%hist 82% | 48%hist 42% | 81% | +$700 | -$6,983 | 12.3% | 0.6mo | $-6,877 (vs do-nothing $-1,000) | 50% income floor unreachable even selling every contract |
| $91 | 18d | 30 Oct 2026 | $1.10 | 20/20 | $2,200 | $3,667 | $3,667 | 76%hist 82% | 50%hist 42% | 80% | +$611 | -$9,383 | 16.5% | 0.8mo | $-9,277 (vs do-nothing $-3,400) | 50% income floor unreachable even selling every contract |
| $91.50 | 25d | 6 Nov 2026 | $1.40 | 20/20 | $2,800 | $3,360 | $3,360 | 75%hist 82% | 51%hist 45% | 80% | +$699 | -$7,783 | 13.7% | 0.6mo | $-7,677 (vs do-nothing $-1,800) | 50% income floor unreachable even selling every contract |
| $89.50 | 11d | 23 Oct 2026 | $0.90 | 20/20 | $1,800 | $4,909 | $4,909 | 74%hist 82% | 53%hist 45% | 79% | +$615 | -$12,783 | 22.5% | 1.0mo | $-12,677 (vs do-nothing $-6,800) | 50% income floor unreachable even selling every contract |
| $90.50 | 18d | 30 Oct 2026 | $1.20 | 20/20 | $2,400 | $4,000 | $4,000 | 74%hist 82% | 53%hist 45% | 79% | +$604 | -$10,183 | 17.9% | 0.8mo | $-10,077 (vs do-nothing $-4,200) | 50% income floor unreachable even selling every contract |
| $91 | 25d | 6 Nov 2026 | $1.55 | 20/20 | $3,100 | $3,720 | $3,720 | 73%hist 82% | 56%hist 45% | 79% | +$632 | -$8,483 | 14.9% | 0.7mo | $-8,377 (vs do-nothing $-2,500) | 50% income floor unreachable even selling every contract |
| $90 | 18d | 30 Oct 2026 | $1.30 | 20/20 | $2,600 | $4,333 | $4,333 | 72%hist 82% | 57%hist 45% | 78% | +$563 | -$10,983 | 19.3% | 0.9mo | $-10,877 (vs do-nothing $-5,000) | 50% income floor unreachable even selling every contract |
| $89 | 11d | 23 Oct 2026 | $1.10 | 20/20 | $2,200 | $6,000 | $6,000 | 72%hist 82% | 58%hist 45% | 78% | +$1,013 | -$13,383 | 23.6% | 1.1mo | $-13,277 (vs do-nothing $-7,400) | 50% income floor unreachable even selling every contract |
| $90.50 | 25d | 6 Nov 2026 | $1.65 | 20/20 | $3,300 | $3,960 | $3,960 | 71%hist 82% | 59%hist 45% | 78% | +$573 | -$9,283 | 16.3% | 0.8mo | $-9,177 (vs do-nothing $-3,300) | 50% income floor unreachable even selling every contract |
| $89.50 | 18d | 30 Oct 2026 | $1.45 | 20/20 | $2,900 | $4,833 | $4,833 | 70%hist 82% | 61%hist 57% | 77% | +$654 | -$11,683 | 20.6% | 1.0mo | $-11,577 (vs do-nothing $-5,700) | 50% income floor unreachable even selling every contract |
| $90 | 25d | 6 Nov 2026 | $1.80 | 20/20 | $3,600 | $4,320 | $4,320 | 70%hist 64% | 63%hist 57% | 77% | +$612 | -$9,983 | 17.6% | 0.8mo | $-9,877 (vs do-nothing $-4,000) | 50% income floor unreachable even selling every contract |
| $89 | 18d | 30 Oct 2026 | $1.60 | 20/20 | $3,200 | $5,333 | $5,333 | 68%hist 64% | 66%hist 57% | 76% | +$706 | -$12,383 | 21.8% | 1.0mo | $-12,277 (vs do-nothing $-6,400) | 50% income floor unreachable even selling every contract |
| $89.50 | 25d | 6 Nov 2026 | $1.85 | 20/20 | $3,700 | $4,440 | $4,440 | 68%hist 64% | 66%hist 57% | 75% | +$387 | -$10,883 | 19.2% | 0.9mo | $-10,777 (vs do-nothing $-4,900) | 50% income floor unreachable even selling every contract |
| $89 | 25d | 6 Nov 2026 | $2.05 | 20/20 | $4,100 | $4,920 | $4,920 | 66%hist 64% | 70%hist 69% | 75% | +$498 | -$11,483 | 20.2% | 0.9mo | $-11,377 (vs do-nothing $-5,500) | 50% income floor unreachable even selling every contract |
| $88.50 | 18d | 30 Oct 2026 | $1.75 | 20/20 | $3,500 | $5,833 | $5,833 | 66%hist 64% | 70%hist 69% | 74% | +$718 | -$13,083 | 23.0% | 1.1mo | $-12,977 (vs do-nothing $-7,100) | 50% income floor unreachable even selling every contract |
| $88.50 | 25d | 6 Nov 2026 | $2.10 | 20/20 | $4,200 | $5,040 | $5,040 | 64%hist 64% | 74%hist 69% | 73% | +$223 | -$12,383 | 21.8% | 1.0mo | $-12,277 (vs do-nothing $-6,400) | 50% income floor unreachable even selling every contract |
| $88 | 25d | 6 Nov 2026 | $2.30 | 20/20 | $4,600 | $5,520 | $5,520 | 62%hist 64% | 78%hist 69% | 72% | +$282 | -$12,983 | 22.9% | 1.1mo | $-12,877 (vs do-nothing $-7,000) | 50% income floor unreachable even selling every contract |
| $87.50 | 25d | 6 Nov 2026 | $2.40 | 20/20 | $4,800 | $5,760 | $5,760 | 60%hist 64% | 82%hist 79% | 71% | +$75 | -$13,783 | 24.3% | 1.1mo | $-13,677 (vs do-nothing $-7,800) | 50% income floor unreachable even selling every contract |
Per cycle = bid x 100 x contracts, the cash this expiry pays. Touch = P(strike trades before expiry), with the graded record's hist pill. Recover = months of this income to close the hole to CC-SS. 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%). Survival, POP and touch use vol x 1.00 (raw implied: the VRP haircut is applied to the premium edge but NOT to risk, because understating the edge costs opportunity while understating breach odds costs capital; the risk-side haircut arms only from the graded ledger). 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 20 contracts at the conservative CC.