5 contracts (500 sh) | BE SS: $114.00 | CC-SS: $114.52 | IV: HIGH | Accounts: Neville:0865
| Max Loss | $47,000 | (ND $29.00 + SW $65) x 500 |
| Normal income ref | $10,010/mo | 95% ann ROI on ML |
| Hedge rolling cost | $29/mo | |
| Unrealized P&L | $-4,025 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 5x $130C 15 Jul 2026 | U13190865 | $0.99 | $496 | 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 |
|---|---|---|---|---|---|
| NEXT FRIDAY 🏆 | 17 Jul 2026 · 6d | 5 × $117 | 77% | $5,075 | $1,676 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▸ | cover hedge | 1 × $136 | 17 Jul | 6d | 24.6% | 98% | 4% | $19 | $95 | -$4,980 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $136 24.6% OTM over spot $109.17 17 Jul 2026 (6d, $0.20 mid) = $19 credit for the 6d cycle → $95/mo projected Survival (stays ≤ $136) 98% Breach risk 2% POP (stays ≤ $136.20) 98% EV / mo +$77 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.2 mo [0.1-0.6] median · 96% of paths whole by 9 mo (vs 98% without) · ~0.1 challenges expected · median CC cash $679 🛡 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) -$426 Free roll-up none Safest escape (by 31 Jul 2026) $155 @ 82% POP 78% survival Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $6.29/sh now → $4.45 mid-life → ≈ $0 at expiry | you banked $0.19/sh, so a flat mid-life exit nets -$4.26/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 ✓ $136 is at/above CC-SS $114.52: 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 < $0.05/sh (~25% of the $0.19 collected) or spot ≥ $136.20 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $136)); NOT the premium you collected. Momentum override: two daily closes above $143.96 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.06 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.52, where you are whole again, by expiry) Starting unrealized P&L: $-4,025 + Fortress recovery (un-capped): +$2,825 − CC assignment net of premium (1 × $136): -$0 + Conservative CC premium (4 × $114): +$1,014 Total Position P&L @ SS: $-186 (+$3,839 vs today) Do-nothing baseline at SS: $67 (this trade vs do-nothing: $-253, the opportunity cost of earning $95/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 5 × $124 | 17 Jul | 6d | 13.6% | 90% | 20% | $405 | $2,025 | -$3,050 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $124 13.6% OTM over spot $109.17 17 Jul 2026 (6d, $0.84 mid) = $405 credit for the 6d cycle → $2,025/mo projected Survival (stays ≤ $124) 90% Breach risk 10% POP (stays ≤ $124.84) 91% EV / mo +$1,225 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.2 mo [0.1-0.6] median · 91% of paths whole by 9 mo (vs 97% without) · ~0.8 challenges expected · median CC cash $399 🛡 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) 14% Flat exit net (mid-life) -$1,624 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $145 @ 84% POP 81% 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 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.74/sh now → $4.06 mid-life (likely $3.55–$6.21) → ≈ $0 at expiry | you banked $0.81/sh, so a flat mid-life exit nets -$3.25/sh | roll rows are incremental, the banked premium stays yours 📊 Across 417 simulated challenges: the $124 strike is typically first touched on day 4 of 6, at $127 (overshoots $2.93). 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 ✓ $124 is at/above CC-SS $114.52: 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 < $0.20/sh (~25% of the $0.81 collected) or spot ≥ $124.84 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $124)); NOT the premium you collected. Momentum override: two daily closes above $143.96 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.06 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.52, where you are whole again, by expiry) Starting unrealized P&L: $-4,025 + Fortress recovery (un-capped): +$2,825 − CC assignment net of premium (5 × $124): -$0 Total Position P&L @ SS: $-1,200 (+$2,825 vs today) Do-nothing baseline at SS: $67 (this trade vs do-nothing: $-1,267, the opportunity cost of earning $2,025/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 5 × $120 | 17 Jul | 6d | 9.9% | 84% | 33% | $705 | $3,525 | -$1,550 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $120 9.9% OTM over spot $109.17 17 Jul 2026 (6d, $1.44 mid) = $705 credit for the 6d cycle → $3,525/mo projected Survival (stays ≤ $120) 84% Breach risk 16% POP (stays ≤ $121.44) 87% EV / mo +$1,862 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.2 mo [0.1-0.5] median · 93% of paths whole by 9 mo (vs 98% without) · ~1.4 challenges expected · median CC cash $699 🛡 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) 24% Flat exit net (mid-life) -$1,259 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $146 @ 87% POP 85% 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 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.55/sh now → $3.93 mid-life (likely $3.74–$6.51) → ≈ $0 at expiry | you banked $1.41/sh, so a flat mid-life exit nets -$2.52/sh | roll rows are incremental, the banked premium stays yours 📊 Across 730 simulated challenges: the $120 strike is typically first touched on day 4 of 6, at $123 (overshoots $2.88). 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 ✓ $120 is at/above CC-SS $114.52: 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 < $0.35/sh (~25% of the $1.41 collected) or spot ≥ $121.44 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $120)); NOT the premium you collected. Momentum override: two daily closes above $143.96 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.06 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.52, where you are whole again, by expiry) Starting unrealized P&L: $-4,025 + Fortress recovery (un-capped): +$2,825 − CC assignment net of premium (5 × $120): -$0 Total Position P&L @ SS: $-1,200 (+$2,825 vs today) Do-nothing baseline at SS: $67 (this trade vs do-nothing: $-1,267, the opportunity cost of earning $3,525/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 5 × $117 | 17 Jul | 6d | 7.2% | 77% | 36% | $1,015 | $5,075 | — | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $117 7.2% OTM over spot $109.17 17 Jul 2026 (6d, $2.08 mid) = $1,015 credit for the 6d cycle → $5,075/mo projected Survival (stays ≤ $117) 77% Breach risk 23% POP (stays ≤ $119.08) 82% EV / mo +$2,263 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.2 mo [0.1-0.6] median · 94% of paths whole by 9 mo (vs 98% without) · ~2.2 challenges expected · median CC cash $1,013 🛡 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) 36% Flat exit net (mid-life) -$900 Free roll-up +$2/wk Safest escape (by 24 Jul 2026) $139 @ 88% 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 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.41/sh now → $3.83 mid-life (likely $4.16–$6.72) → ≈ $0 at expiry | you banked $2.03/sh, so a flat mid-life exit nets -$1.80/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,065 simulated challenges: the $117 strike is typically first touched on day 3 of 6, at $120 (overshoots $2.78). 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 ✓ $117 is at/above CC-SS $114.52: 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 < $0.51/sh (~25% of the $2.03 collected) or spot ≥ $119.08 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $117)); NOT the premium you collected. Momentum override: two daily closes above $143.96 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.06 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.52, where you are whole again, by expiry) Starting unrealized P&L: $-4,025 + Fortress recovery (un-capped): +$2,825 − CC assignment net of premium (5 × $117): -$0 Total Position P&L @ SS: $-1,200 (+$2,825 vs today) Do-nothing baseline at SS: $67 (this trade vs do-nothing: $-1,267, the opportunity cost of earning $5,075/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 5 × $110 | 17 Jul | 6d | 0.8% | 55% | 94% | $2,225 | $11,125 | +$6,050 | $33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $110 0.8% OTM over spot $109.17 17 Jul 2026 (6d, $4.55 mid) = $2,225 credit for the 6d cycle → $11,125/mo projected Survival (stays ≤ $110) 55% Breach risk 45% POP (stays ≤ $114.55) 70% EV / mo +$2,791 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.0-0.2] median, 0.1 mo faster than no FIGHT (0.2 mo) · 98% of paths whole by 9 mo (vs 98% without) · ~3.4 challenges expected · median CC cash $2,223 🛡 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) 72% Flat exit net (mid-life) +$425 Free roll-up +$2/wk Safest escape (by 24 Jul 2026) $134 @ 90% POP 89% 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 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.09/sh now → $3.60 mid-life (likely $4.95–$7.59) → ≈ $0 at expiry | you banked $4.45/sh, so a flat mid-life exit nets +$0.85/sh | roll rows are incremental, the banked premium stays yours 📊 Across 2,153 simulated challenges: the $110 strike is typically first touched on day 2 of 6, at $113 (overshoots $3.20). 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 ⚠ $110 is $5 below CC-SS $114.52: 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 < $1.11/sh (~25% of the $4.45 collected) or spot ≥ $114.55 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $110)); NOT the premium you collected. Momentum override: two daily closes above $143.96 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.06 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.52, where you are whole again, by expiry) Starting unrealized P&L: $-4,025 + Fortress recovery (un-capped): +$2,825 − CC assignment net of premium (5 × $110): -$33 Total Position P&L @ SS: $-1,233 (+$2,792 vs today) Do-nothing baseline at SS: $67 (this trade vs do-nothing: $-1,300, the opportunity cost of earning $11,125/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (6 expiries scanned, 60 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: 1.058 (IBKR) | Recovery@SS: +$2,825 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $115 | 4d | 15 Jul 2026 | $1.56 | 5/5 | $5,850 | $5,821 | 77% | 83% | +$2,958 | -$0 | 0.0% | $-420 (vs do-nothing $-487) |
| $117 | 6d | 17 Jul 2026 | $2.03 | 5/5 | $5,075 | $5,046 | 77% | 82% | +$2,263 | -$0 | 0.0% | $-185 (vs do-nothing $-252) |
| $116 | 6d | 17 Jul 2026 | $2.30 | 5/5 | $5,750 | $5,721 | 74% | 80% | +$2,422 | -$0 | 0.0% | $-50 (vs do-nothing $-117) |
| $114 | 4d | 15 Jul 2026 | $1.81 | 4/5 | $5,430 | $6,233 | 74% | 80% | +$2,487 | -$0 | 0.0% | $-429 (vs do-nothing $-496) |
| $120 | 13d | 24 Jul 2026 | $4.80 | 5/5 | $5,538 | $5,509 | 72% | 79% | +$1,732 | -$0 | 0.0% | $1,200 (vs do-nothing +$1,133) |
| $115 | 6d | 17 Jul 2026 | $2.60 | 4/5 | $5,200 | $6,003 | 72% | 79% | +$2,061 | -$0 | 0.0% | $94 (vs do-nothing +$26) |
| $119 | 13d | 24 Jul 2026 | $5.00 | 5/5 | $5,769 | $5,740 | 71% | 78% | +$1,665 | -$0 | 0.0% | $1,300 (vs do-nothing +$1,233) |
| $115 | 9d | 20 Jul 2026 | $3.10 | 5/5 | $5,167 | $5,137 | 70% | 78% | +$1,826 | -$0 | 0.0% | $350 (vs do-nothing +$283) |
| $113 | 4d | 15 Jul 2026 | $2.12 | 4/5 | $6,360 | $7,163 | 70% | 78% | +$2,659 | -$0 | 0.0% | $-705 (vs do-nothing $-772) |
| $118 | 13d | 24 Jul 2026 | $5.30 | 5/5 | $6,115 | $6,086 | 69% | 77% | +$1,693 | -$0 | 0.0% | $1,450 (vs do-nothing +$1,383) |
| $114 | 6d | 17 Jul 2026 | $2.89 | 4/5 | $5,780 | $6,583 | 69% | 77% | +$2,095 | -$0 | 0.0% | $3 (vs do-nothing $-64) |
| $117 | 13d | 24 Jul 2026 | $5.65 | 4/5 | $5,215 | $6,018 | 68% | 76% | +$1,406 | -$0 | 0.0% | $1,314 (vs do-nothing +$1,246) |
| $117 | 20d | 31 Jul 2026 | $6.95 | 5/5 | $5,212 | $5,183 | 66% | 75% | +$1,193 | -$0 | 0.0% | $2,275 (vs do-nothing +$2,208) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $116 | 13d | 24 Jul 2026 | $6.00 | 4/5 | $5,538 | $6,341 | 66% | 75% | +$1,441 | -$0 | 0.0% | $1,454 (vs do-nothing +$1,386) |
| $113 | 6d | 17 Jul 2026 | $3.15 | 4/5 | $6,300 | $7,103 | 65% | 75% | +$1,993 | -$0 | 0.0% | $-293 (vs do-nothing $-360) |
| $112 | 4d | 15 Jul 2026 | $2.47 | 3/5 | $5,558 | $7,192 | 65% | 76% | +$2,105 | -$14 | 0.1% | $-707 (vs do-nothing $-774) |
| $116 | 20d | 31 Jul 2026 | $7.30 | 5/5 | $5,475 | $5,446 | 65% | 74% | +$1,209 | -$0 | 0.0% | $2,450 (vs do-nothing +$2,383) |
| $115 | 13d | 24 Jul 2026 | $6.40 | 4/5 | $5,908 | $6,710 | 64% | 74% | +$1,503 | -$0 | 0.0% | $1,614 (vs do-nothing +$1,546) |
| $113 | 9d | 20 Jul 2026 | $3.25 | 5/5 | $5,417 | $5,387 | 64% | 74% | +$1,077 | -$0 | 0.0% | $-333 (vs do-nothing $-400) |
| $115 | 20d | 31 Jul 2026 | $8.00 | 5/5 | $6,000 | $5,971 | 63% | 74% | +$1,475 | -$0 | 0.0% | $2,800 (vs do-nothing +$2,733) |
| $113 | 11d | 22 Jul 2026 | $4.10 | 5/5 | $5,591 | $5,562 | 63% | 73% | +$927 | -$0 | 0.0% | $92 (vs do-nothing +$25) |
| $114 | 13d | 24 Jul 2026 | $6.70 | 4/5 | $6,185 | $6,987 | 63% | 73% | +$1,454 | -$0 | 0.0% | $1,527 (vs do-nothing +$1,460) |
| $112 | 6d | 17 Jul 2026 | $3.60 | 3/5 | $5,400 | $7,034 | 62% | 74% | +$1,644 | -$0 | 0.0% | $-368 (vs do-nothing $-435) |
| $114 | 20d | 31 Jul 2026 | $8.05 | 5/5 | $6,038 | $6,008 | 62% | 73% | +$1,240 | -$0 | 0.0% | $2,567 (vs do-nothing +$2,500) |
| $112 | 9d | 20 Jul 2026 | $3.90 | 4/5 | $5,200 | $6,003 | 61% | 73% | +$1,257 | -$0 | 0.0% | $-393 (vs do-nothing $-460) |
| $113 | 13d | 24 Jul 2026 | $7.05 | 4/5 | $6,508 | $7,310 | 61% | 72% | +$1,432 | -$0 | 0.0% | $1,267 (vs do-nothing +$1,200) |
| $113 | 20d | 31 Jul 2026 | $8.50 | 4/5 | $5,100 | $5,903 | 60% | 72% | +$1,034 | -$0 | 0.0% | $1,847 (vs do-nothing +$1,780) |
| $111 | 4d | 15 Jul 2026 | $2.88 | 3/5 | $6,480 | $8,114 | 60% | 74% | +$2,229 | -$191 | 1.3% | $-884 (vs do-nothing $-951) |
| $112 | 11d | 22 Jul 2026 | $4.35 | 5/5 | $5,932 | $5,903 | 60% | 72% | +$762 | -$0 | 0.0% | $-283 (vs do-nothing $-350) |
| $112 | 13d | 24 Jul 2026 | $7.45 | 3/5 | $5,158 | $6,792 | 60% | 76% | +$2,234 | -$0 | 0.0% | $787 (vs do-nothing +$720) |
| $112 | 20d | 31 Jul 2026 | $8.90 | 4/5 | $5,340 | $6,143 | 59% | 72% | +$1,034 | -$0 | 0.0% | $1,607 (vs do-nothing +$1,540) |
| $111 | 6d | 17 Jul 2026 | $3.90 | 3/5 | $5,850 | $7,484 | 59% | 72% | +$1,504 | -$0 | 0.0% | $-578 (vs do-nothing $-645) |
| $111 | 9d | 20 Jul 2026 | $3.95 | 4/5 | $5,267 | $6,069 | 58% | 71% | +$800 | -$0 | 0.0% | $-773 (vs do-nothing $-840) |
| $111 | 11d | 22 Jul 2026 | $4.90 | 4/5 | $5,345 | $6,148 | 58% | 71% | +$770 | -$0 | 0.0% | $-393 (vs do-nothing $-460) |
| $111 | 20d | 31 Jul 2026 | $9.20 | 4/5 | $5,520 | $6,323 | 57% | 71% | +$964 | -$0 | 0.0% | $1,327 (vs do-nothing +$1,260) |
| $111 | 13d | 24 Jul 2026 | $7.90 | 3/5 | $5,469 | $7,104 | 57% | 75% | +$2,263 | -$0 | 0.0% | $622 (vs do-nothing +$555) |
| $110 | 20d | 31 Jul 2026 | $9.95 | 4/5 | $5,970 | $6,773 | 56% | 70% | +$1,152 | -$0 | 0.0% | $1,227 (vs do-nothing +$1,160) |
| $110 | 4d | 15 Jul 2026 | $3.20 | 3/5 | $7,200 | $8,834 | 56% | 71% | +$2,018 | -$395 | 2.7% | $-1,088 (vs do-nothing $-1,155) |
| $110 | 6d | 17 Jul 2026 | $4.45 | 3/5 | $6,675 | $8,309 | 55% | 70% | +$1,674 | -$20 | 0.1% | $-713 (vs do-nothing $-780) |
| $110 | 13d | 24 Jul 2026 | $8.35 | 3/5 | $5,781 | $7,415 | 55% | 74% | +$2,272 | -$0 | 0.0% | $457 (vs do-nothing +$390) |
| $110 | 11d | 22 Jul 2026 | $5.35 | 4/5 | $5,836 | $6,639 | 55% | 69% | +$785 | -$0 | 0.0% | $-613 (vs do-nothing $-680) |
| $110 | 9d | 20 Jul 2026 | $4.85 | 4/5 | $6,467 | $7,269 | 55% | 70% | +$1,423 | -$0 | 0.0% | $-813 (vs do-nothing $-880) |
| $109 | 20d | 31 Jul 2026 | $10.20 | 4/5 | $6,120 | $6,923 | 54% | 69% | +$1,028 | -$0 | 0.0% | $927 (vs do-nothing +$860) |
| $108 | 20d | 31 Jul 2026 | $10.55 | 4/5 | $6,330 | $7,133 | 53% | 69% | +$952 | -$0 | 0.0% | $667 (vs do-nothing +$600) |
| $109 | 13d | 24 Jul 2026 | $8.85 | 3/5 | $6,127 | $7,761 | 53% | 73% | +$2,296 | -$0 | 0.0% | $307 (vs do-nothing +$240) |
| $109 | 11d | 22 Jul 2026 | $5.55 | 4/5 | $6,055 | $6,857 | 52% | 68% | +$490 | -$0 | 0.0% | $-933 (vs do-nothing $-1,000) |
| $109 | 9d | 20 Jul 2026 | $5.10 | 3/5 | $5,100 | $6,734 | 52% | 68% | +$843 | -$125 | 0.9% | $-818 (vs do-nothing $-885) |
| $109 | 6d | 17 Jul 2026 | $4.85 | 3/5 | $7,275 | $8,909 | 51% | 68% | +$1,552 | -$200 | 1.4% | $-893 (vs do-nothing $-960) |
| $107 | 20d | 31 Jul 2026 | $10.95 | 4/5 | $6,570 | $7,373 | 51% | 68% | +$895 | -$0 | 0.0% | $427 (vs do-nothing +$360) |
| $109 | 4d | 15 Jul 2026 | $3.70 | 2/5 | $5,550 | $8,016 | 51% | 69% | +$1,380 | -$363 | 2.5% | $-803 (vs do-nothing $-870) |
| $108 | 13d | 24 Jul 2026 | $9.30 | 3/5 | $6,438 | $8,073 | 50% | 72% | +$2,265 | -$0 | 0.0% | $142 (vs do-nothing +$75) |
| $108 | 11d | 22 Jul 2026 | $6.40 | 3/5 | $5,236 | $6,871 | 50% | 67% | +$650 | -$35 | 0.2% | $-728 (vs do-nothing $-795) |
| $108 | 9d | 20 Jul 2026 | $5.60 | 3/5 | $5,600 | $7,234 | 48% | 67% | +$826 | -$275 | 1.9% | $-968 (vs do-nothing $-1,035) |
| $108 | 6d | 17 Jul 2026 | $5.40 | 2/5 | $5,400 | $7,866 | 48% | 67% | +$1,058 | -$223 | 1.5% | $-663 (vs do-nothing $-730) |
| $107 | 13d | 24 Jul 2026 | $9.80 | 3/5 | $6,785 | $8,419 | 47% | 71% | +$2,248 | -$0 | 0.0% | $-8 (vs do-nothing $-75) |
| $107 | 11d | 22 Jul 2026 | $6.50 | 3/5 | $5,318 | $6,953 | 47% | 66% | +$291 | -$305 | 2.1% | $-998 (vs do-nothing $-1,065) |
| $108 | 4d | 15 Jul 2026 | $4.20 | 2/5 | $6,300 | $8,766 | 46% | 67% | +$1,318 | -$463 | 3.2% | $-903 (vs do-nothing $-970) |
| $107 | 9d | 20 Jul 2026 | $6.20 | 3/5 | $6,200 | $7,834 | 45% | 66% | +$867 | -$395 | 2.7% | $-1,088 (vs do-nothing $-1,155) |
| $107 | 6d | 17 Jul 2026 | $5.95 | 2/5 | $5,950 | $8,416 | 44% | 66% | +$1,037 | -$313 | 2.2% | $-753 (vs do-nothing $-820) |
| $107 | 4d | 15 Jul 2026 | $4.85 | 2/5 | $7,275 | $9,741 | 41% | 65% | +$1,384 | -$533 | 3.7% | $-973 (vs do-nothing $-1,040) |
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.