15 contracts (1,500 sh) | BE SS: $373.00 | CC-SS: $353.60 | IV: MEDIUM | Accounts: Neville:0865
| Max Loss | $162,000 | (ND $73.00 + SW $35) x 1500 |
| Normal income ref | $40,018/mo | 75% ann ROI on ML |
| Hedge rolling cost | $2,688/mo | |
| Unrealized P&L | $18,938 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 15x $375C 10 Jul 2026 | U13190865 | $1.85 | $2,779 | 2026-07-07 |
| 5x $400C 31 Jul 2026 | U13190865 | $3.20 | $1,598 | 2026-07-07 |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 15 contracts). The master ranks the two by E[net]/mo to pick one grand pick; both are shown here so you can choose the tenor that fits your roll cadence.
| Track | Expiry | Sell | Survival | Income/mo | E[net]/mo |
|---|---|---|---|---|---|
| NEXT FRIDAY 🏆 | 17 Jul 2026 · 7d | 12 × $360 | 67% | $20,571 | $6,615 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▸ | cover hedge | 11 × $380 | 17 Jul | 7d | 7.5% | 94% | 12% | $638 | $2,734 | -$17,837 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 11 × $380 7.5% OTM over spot $353.60 17 Jul 2026 (7d, $0.60 mid) = $638 credit for the 7d cycle → $2,734/mo projected Survival (stays ≤ $380) 94% Breach risk 6% POP (stays ≤ $380.60) 95% EV / mo +$1,825 🛡 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) -$5,158 Free roll-up +$14/wk Safest escape (by 31 Jul 2026) $401 @ 80% POP 75% survival Roll menuyour doors if the call gets challenged; each row = buy back the 11 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $7.45/sh now → $5.27 mid-life (likely $4.48–$7.30) → ≈ $0 at expiry | you banked $0.58/sh, so a flat mid-life exit nets -$4.69/sh | roll rows are incremental, the banked premium stays yours 📊 Across 165 simulated challenges: the $380 strike is typically first touched on day 5 of 7, at $384 (overshoots $3.86). 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 -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). 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 at/above CC-SS $353.60: assignment is break-even or better.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.14/sh (~25% of the $0.58 collected) or spot ≥ $380.60 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $380)); NOT the premium you collected. Momentum override: two daily closes above $373.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.86 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $353.60, where you are whole again, by expiry) Starting unrealized P&L: $18,938 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (11 × $380): -$0 + Conservative CC premium (4 × $372.50): +$2,300 Total Position P&L @ SS: $21,238 (+$2,300 vs today) Do-nothing baseline at SS: $27,562 (this trade vs do-nothing: $-6,325, the opportunity cost of earning $2,734/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 15 × $375 | 17 Jul | 7d | 6.1% | 91% | 19% | $1,380 | $5,914 | -$14,657 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 15 × $375 6.1% OTM over spot $353.60 17 Jul 2026 (7d, $0.98 mid) = $1,380 credit for the 7d cycle → $5,914/mo projected Survival (stays ≤ $375) 91% Breach risk 9% POP (stays ≤ $375.98) 92% EV / mo +$3,391 🛡 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) -$6,419 Free roll-up +$14/wk Safest escape (by 31 Jul 2026) $401 @ 83% POP 79% survival Roll menuyour doors if the call gets challenged; each row = buy back the 15 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $7.35/sh now → $5.20 mid-life (likely $4.59–$7.34) → ≈ $0 at expiry | you banked $0.92/sh, so a flat mid-life exit nets -$4.28/sh | roll rows are incremental, the banked premium stays yours 📊 Across 377 simulated challenges: the $375 strike is typically first touched on day 5 of 7, at $378 (overshoots $3.44). 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 -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). 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 ✓ $375 is at/above CC-SS $353.60: assignment is break-even or better.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.23/sh (~25% of the $0.92 collected) or spot ≥ $375.98 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $375)); NOT the premium you collected. Momentum override: two daily closes above $373.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.86 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $353.60, where you are whole again, by expiry) Starting unrealized P&L: $18,938 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (15 × $375): -$0 Total Position P&L @ SS: $18,938 (+$0 vs today) Do-nothing baseline at SS: $27,562 (this trade vs do-nothing: $-8,625, the opportunity cost of earning $5,914/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 13 × $365 | 17 Jul | 7d | 3.2% | 77% | 47% | $3,302 | $14,151 | -$6,420 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 13 × $365 3.2% OTM over spot $353.60 17 Jul 2026 (7d, $2.60 mid) = $3,302 credit for the 7d cycle → $14,151/mo projected Survival (stays ≤ $365) 77% Breach risk 23% POP (stays ≤ $367.61) 82% EV / mo +$5,762 🛡 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) 37% Flat exit net (mid-life) -$3,277 Free roll-up +$14/wk Safest escape (by 31 Jul 2026) $401 @ 88% POP 86% survival Roll menuyour doors if the call gets challenged; each row = buy back the 13 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $7.16/sh now → $5.06 mid-life (likely $5.39–$8.26) → ≈ $0 at expiry | you banked $2.54/sh, so a flat mid-life exit nets -$2.52/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,108 simulated challenges: the $365 strike is typically first touched on day 4 of 7, at $368 (overshoots $3.45). 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 -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). 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 ✓ $365 is at/above CC-SS $353.60: assignment is break-even or better.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.64/sh (~25% of the $2.54 collected) or spot ≥ $367.61 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $365)); NOT the premium you collected. Momentum override: two daily closes above $373.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.86 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $353.60, where you are whole again, by expiry) Starting unrealized P&L: $18,938 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (13 × $365): -$0 + Conservative CC premium (2 × $372.50): +$1,150 Total Position P&L @ SS: $20,088 (+$1,150 vs today) Do-nothing baseline at SS: $27,562 (this trade vs do-nothing: $-7,475, the opportunity cost of earning $14,151/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 12 × $360 | 17 Jul | 7d | 1.8% | 67% | 54% | $4,800 | $20,571 | — | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 12 × $360 1.8% OTM over spot $353.60 17 Jul 2026 (7d, $4.08 mid) = $4,800 credit for the 7d cycle → $20,571/mo projected Survival (stays ≤ $360) 67% Breach risk 33% POP (stays ≤ $364.07) 75% EV / mo +$6,518 🛡 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) 54% Flat exit net (mid-life) -$1,190 Free roll-up +$14/wk Safest escape (by 31 Jul 2026) $401 @ 90% POP 89% survival Roll menuyour doors if the call gets challenged; each row = buy back the 12 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $7.06/sh now → $4.99 mid-life (likely $6.15–$9.04) → ≈ $0 at expiry | you banked $4.00/sh, so a flat mid-life exit nets -$0.99/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,631 simulated challenges: the $360 strike is typically first touched on day 3 of 7, at $364 (overshoots $3.65). 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 -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). 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 ✓ $360 is at/above CC-SS $353.60: assignment is break-even or better.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $1.00/sh (~25% of the $4.00 collected) or spot ≥ $364.07 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $360)); NOT the premium you collected. Momentum override: two daily closes above $373.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.86 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $353.60, where you are whole again, by expiry) Starting unrealized P&L: $18,938 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (12 × $360): -$0 + Conservative CC premium (3 × $372.50): +$1,725 Total Position P&L @ SS: $20,662 (+$1,725 vs today) Do-nothing baseline at SS: $27,562 (this trade vs do-nothing: $-6,900, the opportunity cost of earning $20,571/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 13 × $352.50 | 17 Jul | 7d | -0.3% | 48% | 99+% | $9,425 | $40,393 | +$19,821 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 13 × $352.50 0.3% ITM over spot $353.60 17 Jul 2026 (7d, $7.40 mid) = $9,425 credit for the 7d cycle → $40,393/mo projected Survival (stays ≤ $352.50) 48% Breach risk 52% POP (stays ≤ $359.90) 66% EV / mo +$7,694 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 100% Flat exit net (mid-life) +$3,071 Free roll-up +$15/wk Safest escape (by 31 Jul 2026) $395 @ 90% POP 90% survival Roll menuyour doors if the call gets challenged; each row = buy back the 13 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $6.91/sh now → $4.89 mid-life → ≈ $0 at expiry | you banked $7.25/sh, so a flat mid-life exit nets +$2.36/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 -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). 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 ✓ $352.50 is at/above CC-SS $353.60: assignment is break-even or better.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $1.81/sh (~25% of the $7.25 collected) or spot ≥ $359.90 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $352)); NOT the premium you collected. Momentum override: two daily closes above $373.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.86 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $353.60, where you are whole again, by expiry) Starting unrealized P&L: $18,938 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (13 × $352.50): -$0 + Conservative CC premium (2 × $372.50): +$1,150 Total Position P&L @ SS: $20,088 (+$1,150 vs today) Do-nothing baseline at SS: $27,562 (this trade vs do-nothing: $-7,475, the opportunity cost of earning $40,393/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (3 expiries scanned, 18 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: 0.858 (IBKR) | Recovery@SS: +$0 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $27,562
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $370 | 14d | 24 Jul 2026 | $6.40 | 15/15 | $20,571 | $17,883 | 71% | 78% | +$5,994 | -$0 | 0.0% | $28,538 (vs do-nothing +$975) |
| $367.50 | 14d | 24 Jul 2026 | $7.25 | 13/15 | $20,196 | $19,973 | 68% | 76% | +$5,638 | -$0 | 0.0% | $29,512 (vs do-nothing +$1,950) |
| $360 | 7d | 17 Jul 2026 | $4.00 | 12/15 | $20,571 | $21,580 | 67% | 75% | +$6,518 | -$0 | 0.0% | $25,462 (vs do-nothing $-2,100) |
| $365 | 14d | 24 Jul 2026 | $8.10 | 12/15 | $20,829 | $21,837 | 66% | 75% | +$5,406 | -$0 | 0.0% | $30,382 (vs do-nothing +$2,820) |
| $365 | 21d | 31 Jul 2026 | $9.75 | 15/15 | $20,893 | $18,205 | 64% | 74% | +$4,926 | -$0 | 0.0% | $33,562 (vs do-nothing +$6,000) |
| $362.50 | 14d | 24 Jul 2026 | $9.05 | 11/15 | $21,332 | $23,573 | 63% | 73% | +$5,176 | -$0 | 0.0% | $31,192 (vs do-nothing +$3,630) |
| $357.50 | 7d | 17 Jul 2026 | $4.80 | 10/15 | $20,571 | $24,044 | 61% | 72% | +$5,185 | -$0 | 0.0% | $26,612 (vs do-nothing $-950) |
| $360 | 21d | 31 Jul 2026 | $11.75 | 12/15 | $20,143 | $21,151 | 59% | 71% | +$4,165 | -$0 | 0.0% | $34,762 (vs do-nothing +$7,200) |
| $357.50 | 14d | 24 Jul 2026 | $10.95 | 9/15 | $21,118 | $25,823 | 57% | 70% | +$4,076 | -$0 | 0.0% | $32,242 (vs do-nothing +$4,680) |
| $355 | 7d | 17 Jul 2026 | $6.00 | 8/15 | $20,571 | $26,508 | 54% | 69% | +$4,688 | -$0 | 0.0% | $27,762 (vs do-nothing +$200) |
| $355 | 21d | 31 Jul 2026 | $14.05 | 10/15 | $20,071 | $23,544 | 54% | 68% | +$3,632 | -$0 | 0.0% | $35,862 (vs do-nothing +$8,300) |
| $355 | 14d | 24 Jul 2026 | $12.15 | 8/15 | $20,829 | $26,766 | 54% | 68% | +$3,740 | -$0 | 0.0% | $32,682 (vs do-nothing +$5,120) |
| $352.50 | 14d | 24 Jul 2026 | $13.55 | 7/15 | $20,325 | $27,494 | 50% | 67% | +$3,532 | -$0 | 0.0% | $32,252 (vs do-nothing +$4,690) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $352.50 | 7d | 17 Jul 2026 | $7.25 | 7/15 | $21,750 | $28,919 | 48% | 66% | +$4,143 | -$0 | 0.0% | $27,842 (vs do-nothing +$280) |
| $350 | 21d | 31 Jul 2026 | $16.35 | 9/15 | $21,021 | $25,726 | 48% | 66% | +$2,990 | -$0 | 0.0% | $33,862 (vs do-nothing +$6,300) |
| $350 | 14d | 24 Jul 2026 | $14.80 | 7/15 | $22,200 | $29,369 | 47% | 66% | +$3,421 | -$0 | 0.0% | $31,377 (vs do-nothing +$3,815) |
| $347.50 | 14d | 24 Jul 2026 | $16.20 | 6/15 | $20,829 | $29,230 | 44% | 65% | +$2,908 | -$0 | 0.0% | $30,172 (vs do-nothing +$2,610) |
| $347.50 | 7d | 17 Jul 2026 | $10.15 | 5/15 | $21,750 | $31,383 | 36% | 62% | +$2,640 | -$0 | 0.0% | $26,712 (vs do-nothing $-850) |
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 15 contracts at the conservative CC.