5 of 10 contracts (500 sh uncapped) | BE SS: $456.00 | CC-SS: $467.23 | IV: LOW | Accounts: Main:1299
| Max Loss | $128,000 | (ND $136.00 + SW $120) x 500 |
| Normal income ref | $12,750/mo | 45% ann ROI on ML |
| Hedge rolling cost | $537/mo | |
| Unrealized P&L | $-61,085 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 5x $390C 17 Jul 2026 | U10001299 | $1.35 | $676 | 2026-07-10 |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 5 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 🏆 | 17 Jul 2026 · 4d | 5 × $383 | 92% | $7,050 | $3,940 |
| NEXT FRIDAY | 24 Jul 2026 · 11d | 5 × $380 | 73% | $6,545 | $1,930 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 5 × $396 | 17 Jul | 4d | 6.5% | 99+% | 0% | $75 | $562 | -$6,488 | $35,540 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $396 6.5% OTM over spot $371.97 17 Jul 2026 (4d, $0.21 mid) = $75 credit for the 4d cycle → $562/mo projected Survival (stays ≤ $396) 99+% Breach risk 0% POP (stays ≤ $396.20) 99+% EV / mo +$561 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 6.8 mo [6.2-7.6] median · 5% of paths whole by 9 mo (vs 5% without) · ~0.1 challenges expected · median CC cash $-4,519 🛡 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) 0% Flat exit net (mid-life) -$3,540 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $406 @ 80% POP 69% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $10.23/sh now → $7.23 mid-life → ≈ $0 at expiry | you banked $0.15/sh, so a flat mid-life exit nets -$7.08/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 ⚠ $396 is $71 below CC-SS $467.23: 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 < $0.04/sh (~25% of the $0.15 collected) or spot ≥ $396.20 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $396)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $396): -$35,540 Total Position P&L @ SS: $-53,758 (+$7,327 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-29,430, the opportunity cost of earning $562/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 5 × $386 | 17 Jul | 4d | 3.8% | 97% | 7% | $575 | $4,312 | -$2,738 | $40,040 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $386 3.8% OTM over spot $371.97 17 Jul 2026 (4d, $1.23 mid) = $575 credit for the 4d cycle → $4,312/mo projected Survival (stays ≤ $386) 97% Breach risk 3% POP (stays ≤ $387.24) 98% EV / mo +$4,172 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 7.5 mo [6.9-8.4] median, 0.2 mo SLOWER than no FIGHT (7.4 mo): roll costs eat the credits at this rung · 5% of paths whole by 9 mo (vs 4% without) · ~2.8 challenges expected · median CC cash $1,984 🛡 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) 6% Flat exit net (mid-life) -$2,763 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $398 @ 83% POP 74% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $9.44/sh now → $6.68 mid-life (likely $5.49–$10.33) → ≈ $0 at expiry | you banked $1.15/sh, so a flat mid-life exit nets -$5.53/sh | roll rows are incremental, the banked premium stays yours 📊 Across 177 simulated challenges: the $386 strike is typically first touched on day 3 of 4, at $389 (overshoots $2.57). 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 ⚠ $386 is $81 below CC-SS $467.23: 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 ≥ $387.24 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $386)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $386): -$40,040 Total Position P&L @ SS: $-58,258 (+$2,827 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-33,930, the opportunity cost of earning $4,312/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 5 × $383 | 17 Jul | 4d | 3.0% | 92% | 13% | $940 | $7,050 | — | $41,175 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $383 3.0% OTM over spot $371.97 17 Jul 2026 (4d, $2.01 mid) = $940 credit for the 4d cycle → $7,050/mo projected Survival (stays ≤ $383) 92% Breach risk 8% POP (stays ≤ $385.01) 95% EV / mo +$6,550 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 6.9 mo [5.1-7.9] median, 0.9 mo SLOWER than no FIGHT (6.0 mo): roll costs eat the credits at this rung · 13% of paths whole by 9 mo (vs 5% without) · ~7.0 challenges expected · median CC cash $11,054 🛡 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) 13% Flat exit net (mid-life) -$2,317 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $396 @ 84% POP 77% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $9.21/sh now → $6.51 mid-life (likely $5.75–$10.25) → ≈ $0 at expiry | you banked $1.88/sh, so a flat mid-life exit nets -$4.63/sh | roll rows are incremental, the banked premium stays yours 📊 Across 382 simulated challenges: the $383 strike is typically first touched on day 3 of 4, at $385 (overshoots $2.34). 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 ⚠ $383 is $84 below CC-SS $467.23: 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 < $0.47/sh (~25% of the $1.88 collected) or spot ≥ $385.01 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $383)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $383): -$41,175 Total Position P&L @ SS: $-59,393 (+$1,692 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-35,065, the opportunity cost of earning $7,050/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 5 × $382 | 17 Jul | 4d | 2.7% | 90% | 20% | $1,080 | $8,100 | +$1,050 | $41,535 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $382 2.7% OTM over spot $371.97 17 Jul 2026 (4d, $2.33 mid) = $1,080 credit for the 4d cycle → $8,100/mo projected Survival (stays ≤ $382) 90% Breach risk 10% POP (stays ≤ $384.33) 94% EV / mo +$7,367 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 6.6 mo [5.2-7.6] median, 0.5 mo faster than no FIGHT (7.1 mo) · 8% of paths whole by 9 mo (vs 4% without) · ~8.7 challenges expected · median CC cash $15,122 🛡 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) 16% Flat exit net (mid-life) -$2,150 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $396 @ 85% POP 78% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $9.13/sh now → $6.46 mid-life (likely $6.13–$10.83) → ≈ $0 at expiry | you banked $2.16/sh, so a flat mid-life exit nets -$4.30/sh | roll rows are incremental, the banked premium stays yours 📊 Across 494 simulated challenges: the $382 strike is typically first touched on day 3 of 4, at $384 (overshoots $2.46). 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 ⚠ $382 is $85 below CC-SS $467.23: 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 < $0.54/sh (~25% of the $2.16 collected) or spot ≥ $384.33 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $382)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $382): -$41,535 Total Position P&L @ SS: $-59,753 (+$1,332 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-35,425, the opportunity cost of earning $8,100/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 5 × $378 | 17 Jul | 4d | 1.6% | 77% | 45% | $1,925 | $14,438 | +$7,388 | $42,690 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $378 1.6% OTM over spot $371.97 17 Jul 2026 (4d, $4.10 mid) = $1,925 credit for the 4d cycle → $14,438/mo projected Survival (stays ≤ $378) 77% Breach risk 23% POP (stays ≤ $382.10) 89% EV / mo +$11,705 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 6.8 mo [5.5-8.0] median, 0.6 mo SLOWER than no FIGHT (6.2 mo): roll costs eat the credits at this rung · 25% of paths whole by 9 mo (vs 3% without) · ~20.8 challenges expected · median CC cash $36,170 🛡 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) 35% Flat exit net (mid-life) -$1,198 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $398 @ 90% POP 87% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $8.83/sh now → $6.25 mid-life (likely $6.73–$11.34) → ≈ $0 at expiry | you banked $3.85/sh, so a flat mid-life exit nets -$2.40/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,061 simulated challenges: the $378 strike is typically first touched on day 2 of 4, at $381 (overshoots $2.50). 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 ⚠ $378 is $89 below CC-SS $467.23: 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 < $0.96/sh (~25% of the $3.85 collected) or spot ≥ $382.10 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $378)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $378): -$42,690 Total Position P&L @ SS: $-60,908 (+$177 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-36,580, the opportunity cost of earning $14,438/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 5 × $402 | 24 Jul | 11d | 8.1% | 98% | 3% | $205 | $559 | -$5,986 | $32,410 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $402 8.1% OTM over spot $371.97 24 Jul 2026 (11d, $0.48 mid) = $205 credit for the 11d cycle → $559/mo projected Survival (stays ≤ $402) 98% Breach risk 2% POP (stays ≤ $402.48) 98% EV / mo +$523 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 5.3 mo [4.4-7.8] median · 8% of paths whole by 9 mo (vs 7% without) · ~0.6 challenges expected · median CC cash $-2,616 🛡 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) 2% Flat exit net (mid-life) -$4,293 Free roll-up +$4/wk Safest escape (by 31 Jul 2026) $407 @ 77% POP 61% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $12.72/sh now → $9.00 mid-life (likely $6.09–$10.44) → ≈ $0 at expiry | you banked $0.41/sh, so a flat mid-life exit nets -$8.59/sh | roll rows are incremental, the banked premium stays yours 📊 Across 69 simulated challenges: the $402 strike is typically first touched on day 9 of 11, at $405 (overshoots $2.62). 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 ⚠ $402 is $65 below CC-SS $467.23: 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 $0.41 collected) or spot ≥ $402.48 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $402)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $402): -$32,410 Total Position P&L @ SS: $-50,628 (+$10,457 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-26,300, the opportunity cost of earning $559/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 5 × $390 | 24 Jul | 11d | 4.8% | 91% | 18% | $820 | $2,236 | -$4,309 | $37,795 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $390 4.8% OTM over spot $371.97 24 Jul 2026 (11d, $1.77 mid) = $820 credit for the 11d cycle → $2,236/mo projected Survival (stays ≤ $390) 91% Breach risk 9% POP (stays ≤ $391.77) 93% EV / mo +$1,843 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 7.0 mo [5.6-8.0] median, 0.2 mo faster than no FIGHT (7.2 mo) · 7% of paths whole by 9 mo (vs 6% without) · ~3.4 challenges expected · median CC cash $6,245 🛡 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) 15% Flat exit net (mid-life) -$3,271 Free roll-up +$4/wk Safest escape (by 31 Jul 2026) $397 @ 79% POP 67% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $11.57/sh now → $8.18 mid-life (likely $6.69–$11.20) → ≈ $0 at expiry | you banked $1.64/sh, so a flat mid-life exit nets -$6.54/sh | roll rows are incremental, the banked premium stays yours 📊 Across 445 simulated challenges: the $390 strike is typically first touched on day 7 of 11, at $393 (overshoots $2.61). 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 ⚠ $390 is $77 below CC-SS $467.23: 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 < $0.41/sh (~25% of the $1.64 collected) or spot ≥ $391.77 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $390)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $390): -$37,795 Total Position P&L @ SS: $-56,013 (+$5,072 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-31,685, the opportunity cost of earning $2,236/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 5 × $384 | 24 Jul | 11d | 3.2% | 82% | 37% | $1,600 | $4,364 | -$2,182 | $40,015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $384 3.2% OTM over spot $371.97 24 Jul 2026 (11d, $3.40 mid) = $1,600 credit for the 11d cycle → $4,364/mo projected Survival (stays ≤ $384) 82% Breach risk 18% POP (stays ≤ $387.40) 88% EV / mo +$3,172 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 7.1 mo [6.0-7.8] median, 0.1 mo faster than no FIGHT (7.1 mo) · 13% of paths whole by 9 mo (vs 5% without) · ~7.3 challenges expected · median CC cash $15,708 🛡 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) 30% Flat exit net (mid-life) -$2,293 Free roll-up +$4/wk Safest escape (by 31 Jul 2026) $394 @ 82% POP 74% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $11.01/sh now → $7.79 mid-life (likely $7.54–$11.45) → ≈ $0 at expiry | you banked $3.20/sh, so a flat mid-life exit nets -$4.59/sh | roll rows are incremental, the banked premium stays yours 📊 Across 911 simulated challenges: the $384 strike is typically first touched on day 6 of 11, at $387 (overshoots $2.53). 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 ⚠ $384 is $83 below CC-SS $467.23: 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 < $0.80/sh (~25% of the $3.20 collected) or spot ≥ $387.40 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $384)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $384): -$40,015 Total Position P&L @ SS: $-58,233 (+$2,852 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-33,905, the opportunity cost of earning $4,364/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 5 × $380 | 24 Jul | 11d | 2.2% | 73% | 45% | $2,400 | $6,545 | — | $41,215 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $380 2.2% OTM over spot $371.97 24 Jul 2026 (11d, $5.03 mid) = $2,400 credit for the 11d cycle → $6,545/mo projected Survival (stays ≤ $380) 73% Breach risk 27% POP (stays ≤ $385.02) 83% EV / mo +$4,268 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 6.0 mo [5.1-7.4] median, 0.6 mo faster than no FIGHT (6.6 mo) · 14% of paths whole by 9 mo (vs 6% without) · ~11.9 challenges expected · median CC cash $22,609 🛡 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) 45% Flat exit net (mid-life) -$1,364 Free roll-up +$3/wk Safest escape (by 31 Jul 2026) $395 @ 88% POP 84% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $10.64/sh now → $7.53 mid-life (likely $8.46–$11.94) → ≈ $0 at expiry | you banked $4.80/sh, so a flat mid-life exit nets -$2.73/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,349 simulated challenges: the $380 strike is typically first touched on day 5 of 11, at $382 (overshoots $2.50). 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 ⚠ $380 is $87 below CC-SS $467.23: 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 < $1.20/sh (~25% of the $4.80 collected) or spot ≥ $385.02 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $380)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $380): -$41,215 Total Position P&L @ SS: $-59,433 (+$1,652 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-35,105, the opportunity cost of earning $6,545/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 5 × $372 | 24 Jul | 11d | 0.0% | 51% | 99+% | $4,675 | $12,750 | +$6,205 | $42,940 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $372 0.0% OTM over spot $371.97 24 Jul 2026 (11d, $9.62 mid) = $4,675 credit for the 11d cycle → $12,750/mo projected Survival (stays ≤ $372) 51% Breach risk 49% POP (stays ≤ $381.62) 76% EV / mo +$6,291 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 6.8 mo [5.2-8.3] median, 0.5 mo SLOWER than no FIGHT (6.3 mo): roll costs eat the credits at this rung · 18% of paths whole by 9 mo (vs 4% without) · ~44.6 challenges expected · median CC cash $28,722 🛡 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) 84% Flat exit net (mid-life) +$1,165 Free roll-up +$3/wk Safest escape (by 31 Jul 2026) $389 @ 90% POP 88% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 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: $9.93/sh now → $7.02 mid-life (likely $9.95–$13.88) → ≈ $0 at expiry | you banked $9.35/sh, so a flat mid-life exit nets +$2.33/sh | roll rows are incremental, the banked premium stays yours 📊 Across 2,521 simulated challenges: the $372 strike is typically first touched on day 2 of 11, at $375 (overshoots $3.11). 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 ⚠ $372 is $95 below CC-SS $467.23: 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 < $2.34/sh (~25% of the $9.35 collected) or spot ≥ $381.62 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $372)); NOT the premium you collected.
If held to expiryexact, settlement = intrinsic · fortress delta 0.90 (fallback)
V-BOUNCE STRESS (stock → CC-SS $467.23, where you are whole again, by expiry) Starting unrealized P&L: $-61,085 + Fortress recovery (un-capped): +$42,867 − CC assignment net of premium (5 × $372): -$42,940 Total Position P&L @ SS: $-61,158 ($-73 vs today) Do-nothing baseline at SS: $-24,328 (this trade vs do-nothing: $-36,830, the opportunity cost of earning $12,750/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (5 expiries scanned, 80 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: 0.900 (fallback) | Recovery@SS: +$42,867 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-24,328
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $383 | 4d | 17 Jul 2026 | $1.88 | 5/5 | $7,050 | $6,513 | 92% | 95% | +$6,550 | -$41,175 | 60.6% | $-59,393 (vs do-nothing $-35,065) |
| $382 | 4d | 17 Jul 2026 | $2.16 | 4/5 | $6,480 | $5,946 | 90% | 94% | +$5,894 | -$33,228 | 48.9% | $-52,668 (vs do-nothing $-28,340) |
| $381 | 4d | 17 Jul 2026 | $2.53 | 4/5 | $7,590 | $7,056 | 88% | 93% | +$6,749 | -$33,480 | 49.2% | $-52,920 (vs do-nothing $-28,592) |
| $380 | 4d | 17 Jul 2026 | $2.94 | 3/5 | $6,615 | $6,084 | 85% | 92% | +$5,729 | -$25,287 | 37.2% | $-45,949 (vs do-nothing $-21,621) |
| $379 | 4d | 17 Jul 2026 | $3.35 | 3/5 | $7,538 | $7,006 | 81% | 91% | +$6,320 | -$25,464 | 37.4% | $-46,126 (vs do-nothing $-21,798) |
| $380 | 7d | 20 Jul 2026 | $3.30 | 5/5 | $7,071 | $6,535 | 79% | 88% | +$5,393 | -$41,965 | 61.7% | $-60,183 (vs do-nothing $-35,855) |
| $378 | 4d | 17 Jul 2026 | $3.85 | 3/5 | $8,662 | $8,131 | 77% | 89% | +$7,023 | -$25,614 | 37.7% | $-46,276 (vs do-nothing $-21,948) |
| $379 | 7d | 20 Jul 2026 | $3.85 | 4/5 | $6,600 | $6,066 | 76% | 87% | +$4,920 | -$33,752 | 49.6% | $-53,192 (vs do-nothing $-28,864) |
| $380 | 9d | 22 Jul 2026 | $4.10 | 5/5 | $6,833 | $6,296 | 75% | 85% | +$4,779 | -$41,565 | 61.1% | $-59,783 (vs do-nothing $-35,455) |
| $377 | 4d | 17 Jul 2026 | $4.35 | 2/5 | $6,525 | $5,996 | 73% | 88% | +$5,083 | -$17,176 | 25.3% | $-39,060 (vs do-nothing $-14,732) |
| $378 | 7d | 20 Jul 2026 | $4.30 | 4/5 | $7,371 | $6,837 | 73% | 86% | +$5,291 | -$33,972 | 50.0% | $-53,412 (vs do-nothing $-29,084) |
| $380 | 11d | 24 Jul 2026 | $4.80 | 5/5 | $6,545 | $6,009 | 73% | 83% | +$4,268 | -$41,215 | 60.6% | $-59,433 (vs do-nothing $-35,105) |
| $379 | 9d | 22 Jul 2026 | $4.50 | 5/5 | $7,500 | $6,963 | 73% | 84% | +$5,050 | -$41,865 | 61.6% | $-60,083 (vs do-nothing $-35,755) |
Showing the 60 next-safest rows of 67.
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $379 | 11d | 24 Jul 2026 | $5.25 | 5/5 | $7,159 | $6,622 | 70% | 82% | +$4,516 | -$41,490 | 61.0% | $-59,708 (vs do-nothing $-35,380) |
| $378 | 9d | 22 Jul 2026 | $5.00 | 4/5 | $6,667 | $6,133 | 70% | 83% | +$4,346 | -$33,692 | 49.5% | $-53,132 (vs do-nothing $-28,804) |
| $377 | 7d | 20 Jul 2026 | $4.85 | 4/5 | $8,314 | $7,780 | 70% | 84% | +$5,764 | -$34,152 | 50.2% | $-53,592 (vs do-nothing $-29,264) |
| $376 | 4d | 17 Jul 2026 | $4.90 | 2/5 | $7,350 | $6,821 | 69% | 87% | +$5,484 | -$17,266 | 25.4% | $-39,150 (vs do-nothing $-14,822) |
| $378 | 11d | 24 Jul 2026 | $5.75 | 5/5 | $7,841 | $7,304 | 68% | 81% | +$4,790 | -$41,740 | 61.4% | $-59,958 (vs do-nothing $-35,630) |
| $377 | 9d | 22 Jul 2026 | $5.55 | 4/5 | $7,400 | $6,866 | 67% | 82% | +$4,670 | -$33,872 | 49.8% | $-53,312 (vs do-nothing $-28,984) |
| $376 | 7d | 20 Jul 2026 | $5.40 | 3/5 | $6,943 | $6,411 | 66% | 83% | +$4,623 | -$25,749 | 37.9% | $-46,411 (vs do-nothing $-22,083) |
| $377 | 11d | 24 Jul 2026 | $6.25 | 4/5 | $6,818 | $6,284 | 65% | 80% | +$4,016 | -$33,592 | 49.4% | $-53,032 (vs do-nothing $-28,704) |
| $375 | 4d | 17 Jul 2026 | $5.55 | 2/5 | $8,325 | $7,796 | 65% | 86% | +$5,956 | -$17,336 | 25.5% | $-39,220 (vs do-nothing $-14,892) |
| $376 | 9d | 22 Jul 2026 | $6.10 | 4/5 | $8,133 | $7,599 | 64% | 81% | +$4,944 | -$34,052 | 50.1% | $-53,492 (vs do-nothing $-29,164) |
| $376 | 11d | 24 Jul 2026 | $6.85 | 4/5 | $7,473 | $6,939 | 62% | 79% | +$4,273 | -$33,752 | 49.6% | $-53,192 (vs do-nothing $-28,864) |
| $375 | 7d | 20 Jul 2026 | $6.00 | 3/5 | $7,714 | $7,183 | 62% | 82% | +$4,929 | -$25,869 | 38.0% | $-46,531 (vs do-nothing $-22,203) |
| $377 | 18d | 31 Jul 2026 | $8.05 | 5/5 | $6,708 | $6,171 | 62% | 77% | +$3,417 | -$41,090 | 60.4% | $-59,308 (vs do-nothing $-34,980) |
| $375 | 9d | 22 Jul 2026 | $6.65 | 3/5 | $6,650 | $6,119 | 60% | 80% | +$3,875 | -$25,674 | 37.8% | $-46,336 (vs do-nothing $-22,008) |
| $374 | 4d | 17 Jul 2026 | $6.20 | 2/5 | $9,300 | $8,771 | 60% | 84% | +$6,344 | -$17,406 | 25.6% | $-39,290 (vs do-nothing $-14,962) |
| $376 | 18d | 31 Jul 2026 | $8.70 | 5/5 | $7,250 | $6,713 | 60% | 77% | +$3,628 | -$41,265 | 60.7% | $-59,483 (vs do-nothing $-35,155) |
| $375 | 11d | 24 Jul 2026 | $7.45 | 4/5 | $8,127 | $7,593 | 59% | 78% | +$4,492 | -$33,912 | 49.9% | $-53,352 (vs do-nothing $-29,024) |
| $374 | 7d | 20 Jul 2026 | $6.65 | 3/5 | $8,550 | $8,019 | 58% | 81% | +$5,240 | -$25,974 | 38.2% | $-46,636 (vs do-nothing $-22,308) |
| $375 | 18d | 31 Jul 2026 | $9.25 | 5/5 | $7,708 | $7,171 | 58% | 76% | +$3,733 | -$41,490 | 61.0% | $-59,708 (vs do-nothing $-35,380) |
| $374 | 9d | 22 Jul 2026 | $7.35 | 3/5 | $7,350 | $6,819 | 57% | 79% | +$4,152 | -$25,764 | 37.9% | $-46,426 (vs do-nothing $-22,098) |
| $374 | 11d | 24 Jul 2026 | $8.05 | 3/5 | $6,586 | $6,055 | 57% | 77% | +$3,506 | -$25,554 | 37.6% | $-46,216 (vs do-nothing $-21,888) |
| $374 | 18d | 31 Jul 2026 | $9.85 | 4/5 | $6,567 | $6,033 | 55% | 75% | +$3,086 | -$33,352 | 49.0% | $-52,792 (vs do-nothing $-28,464) |
| $373 | 4d | 17 Jul 2026 | $6.70 | 2/5 | $10,050 | $9,521 | 55% | 83% | +$6,424 | -$17,506 | 25.7% | $-39,390 (vs do-nothing $-15,062) |
| $373 | 7d | 20 Jul 2026 | $7.30 | 3/5 | $9,386 | $8,854 | 55% | 80% | +$5,490 | -$26,079 | 38.4% | $-46,741 (vs do-nothing $-22,413) |
| $373 | 9d | 22 Jul 2026 | $7.95 | 3/5 | $7,950 | $7,419 | 54% | 78% | +$4,289 | -$25,884 | 38.1% | $-46,546 (vs do-nothing $-22,218) |
| $373 | 11d | 24 Jul 2026 | $8.60 | 3/5 | $7,036 | $6,505 | 54% | 77% | +$3,573 | -$25,689 | 37.8% | $-46,351 (vs do-nothing $-22,023) |
| $373 | 18d | 31 Jul 2026 | $10.50 | 4/5 | $7,000 | $6,466 | 53% | 75% | +$3,201 | -$33,492 | 49.3% | $-52,932 (vs do-nothing $-28,604) |
| $372 | 18d | 31 Jul 2026 | $11.10 | 4/5 | $7,400 | $6,866 | 51% | 74% | +$3,265 | -$33,652 | 49.5% | $-53,092 (vs do-nothing $-28,764) |
| $372 | 11d | 24 Jul 2026 | $9.35 | 3/5 | $7,650 | $7,119 | 51% | 76% | +$3,775 | -$25,764 | 37.9% | $-46,426 (vs do-nothing $-22,098) |
| $372 | 9d | 22 Jul 2026 | $7.55 | 3/5 | $7,550 | $7,019 | 51% | 77% | +$3,386 | -$26,304 | 38.7% | $-46,966 (vs do-nothing $-22,638) |
| $372 | 7d | 20 Jul 2026 | $7.85 | 2/5 | $6,729 | $6,200 | 51% | 79% | +$3,700 | -$17,476 | 25.7% | $-39,360 (vs do-nothing $-15,032) |
| $372 | 4d | 17 Jul 2026 | $7.45 | 2/5 | $11,175 | $10,646 | 51% | 82% | +$6,796 | -$17,556 | 25.8% | $-39,440 (vs do-nothing $-15,112) |
| $371 | 18d | 31 Jul 2026 | $11.75 | 4/5 | $7,833 | $7,299 | 49% | 73% | +$3,345 | -$33,792 | 49.7% | $-53,232 (vs do-nothing $-28,904) |
| $371 | 11d | 24 Jul 2026 | $10.00 | 3/5 | $8,182 | $7,650 | 48% | 75% | +$3,867 | -$25,869 | 38.0% | $-46,531 (vs do-nothing $-22,203) |
| $371 | 9d | 22 Jul 2026 | $9.15 | 3/5 | $9,150 | $8,619 | 48% | 76% | +$4,443 | -$26,124 | 38.4% | $-46,786 (vs do-nothing $-22,458) |
| $371 | 7d | 20 Jul 2026 | $8.60 | 2/5 | $7,371 | $6,843 | 47% | 78% | +$3,872 | -$17,526 | 25.8% | $-39,410 (vs do-nothing $-15,082) |
| $370 | 18d | 31 Jul 2026 | $12.40 | 4/5 | $8,267 | $7,733 | 47% | 73% | +$3,407 | -$33,932 | 49.9% | $-53,372 (vs do-nothing $-29,044) |
| $371 | 4d | 17 Jul 2026 | $8.15 | 2/5 | $12,225 | $11,696 | 46% | 81% | +$7,012 | -$17,616 | 25.9% | $-39,500 (vs do-nothing $-15,172) |
| $370 | 11d | 24 Jul 2026 | $10.70 | 3/5 | $8,755 | $8,223 | 45% | 74% | +$3,972 | -$25,959 | 38.2% | $-46,621 (vs do-nothing $-22,293) |
| $369 | 18d | 31 Jul 2026 | $13.10 | 3/5 | $6,550 | $6,019 | 45% | 72% | +$2,614 | -$25,539 | 37.6% | $-46,201 (vs do-nothing $-21,873) |
| $370 | 9d | 22 Jul 2026 | $9.85 | 2/5 | $6,567 | $6,038 | 44% | 75% | +$3,041 | -$17,476 | 25.7% | $-39,360 (vs do-nothing $-15,032) |
| $370 | 7d | 20 Jul 2026 | $9.25 | 2/5 | $7,929 | $7,400 | 43% | 77% | +$3,920 | -$17,596 | 25.9% | $-39,480 (vs do-nothing $-15,152) |
| $368 | 18d | 31 Jul 2026 | $13.70 | 3/5 | $6,850 | $6,319 | 43% | 71% | +$2,610 | -$25,659 | 37.7% | $-46,321 (vs do-nothing $-21,993) |
| $369 | 11d | 24 Jul 2026 | $11.45 | 3/5 | $9,368 | $8,837 | 42% | 74% | +$4,091 | -$26,034 | 38.3% | $-46,696 (vs do-nothing $-22,368) |
| $370 | 4d | 17 Jul 2026 | $8.90 | 1/5 | $6,675 | $6,149 | 42% | 80% | +$3,612 | -$8,833 | 13.0% | $-31,939 (vs do-nothing $-7,611) |
| $369 | 9d | 22 Jul 2026 | $10.65 | 2/5 | $7,100 | $6,571 | 41% | 74% | +$3,162 | -$17,516 | 25.8% | $-39,400 (vs do-nothing $-15,072) |
| $367 | 18d | 31 Jul 2026 | $14.50 | 3/5 | $7,250 | $6,719 | 40% | 71% | +$2,694 | -$25,719 | 37.8% | $-46,381 (vs do-nothing $-22,053) |
| $368 | 11d | 24 Jul 2026 | $12.20 | 2/5 | $6,655 | $6,126 | 40% | 73% | +$2,789 | -$17,406 | 25.6% | $-39,290 (vs do-nothing $-14,962) |
| $369 | 7d | 20 Jul 2026 | $10.25 | 2/5 | $8,786 | $8,257 | 40% | 76% | +$4,231 | -$17,596 | 25.9% | $-39,480 (vs do-nothing $-15,152) |
| $366 | 18d | 31 Jul 2026 | $15.25 | 3/5 | $7,625 | $7,094 | 38% | 70% | +$2,741 | -$25,794 | 37.9% | $-46,456 (vs do-nothing $-22,128) |
| $368 | 9d | 22 Jul 2026 | $11.20 | 2/5 | $7,467 | $6,938 | 38% | 73% | +$3,091 | -$17,606 | 25.9% | $-39,490 (vs do-nothing $-15,162) |
| $369 | 4d | 17 Jul 2026 | $9.65 | 1/5 | $7,238 | $6,712 | 37% | 79% | +$3,682 | -$8,858 | 13.0% | $-31,964 (vs do-nothing $-7,636) |
| $367 | 11d | 24 Jul 2026 | $12.95 | 2/5 | $7,064 | $6,535 | 37% | 72% | +$2,835 | -$17,456 | 25.7% | $-39,340 (vs do-nothing $-15,012) |
| $365 | 18d | 31 Jul 2026 | $15.90 | 3/5 | $7,950 | $7,419 | 36% | 70% | +$2,726 | -$25,899 | 38.1% | $-46,561 (vs do-nothing $-22,233) |
| $368 | 7d | 20 Jul 2026 | $11.10 | 2/5 | $9,514 | $8,986 | 36% | 76% | +$4,379 | -$17,626 | 25.9% | $-39,510 (vs do-nothing $-15,182) |
| $367 | 9d | 22 Jul 2026 | $12.20 | 2/5 | $8,133 | $7,605 | 35% | 73% | +$3,299 | -$17,606 | 25.9% | $-39,490 (vs do-nothing $-15,162) |
| $366 | 11d | 24 Jul 2026 | $13.60 | 2/5 | $7,418 | $6,890 | 35% | 71% | +$2,809 | -$17,526 | 25.8% | $-39,410 (vs do-nothing $-15,082) |
| $368 | 4d | 17 Jul 2026 | $10.45 | 1/5 | $7,838 | $7,312 | 33% | 78% | +$3,756 | -$8,878 | 13.1% | $-31,984 (vs do-nothing $-7,656) |
| $367 | 7d | 20 Jul 2026 | $11.60 | 2/5 | $9,943 | $9,414 | 33% | 74% | +$4,195 | -$17,726 | 26.1% | $-39,610 (vs do-nothing $-15,282) |
| $366 | 9d | 22 Jul 2026 | $12.95 | 2/5 | $8,633 | $8,105 | 33% | 72% | +$3,318 | -$17,656 | 26.0% | $-39,540 (vs do-nothing $-15,212) |
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 5 contracts at the conservative CC.