FORTRESS FIGHT: IREN @ $24.16

BE SS: $58.78  |  CC-SS: $24.32  |  50 contracts (5,000 sh) |  ⌂ PORTFOLIO

GENERATED2026-11-04 04:19

IRENMAX 10 @ $24.16   UNDERWATER $34.62 (58.9% below BE SS)

⚠ EARNINGS · DO NOT SELL INCOME INTO IT
IREN reports 2026-11-05 (Thu), in 2 days. The recommended CC (3d) expires on/after it, so selling now holds a short call through the earnings gap, a report can blow past your strike overnight and cap you at a loss. No priced expiry closes before the print, so waiting for it is the only clean option.

50 contracts (5,000 sh)  |  BE SS: $58.78  |  CC-SS: $24.32  |  IV: HIGH  |  Accounts: Neville:0865

LC: $50 exp 2029-01-19 (entry $8.785/sh)

Economics

Max Loss$43,900(ND $8.78 + SW $0) x 5000
Normal income ref$26,338/mo95% ann ROI on ML
Hedge (static, never rolled)$0/moHP expiry = SP LEAPS; decay ≈ $0/mo (info only, already in marks)
Unrealized P&L$-150fortress legs from IBKR
INCOME GOALPOSTS & VELOCITY
50% INCOME FLOOR
$13,169/mo
HEDGE COVER
$0/mo (static)
NORMAL INCOME
$26,338/mo (ATM CC, chain)
IC VELOCITY
1.7 mo to earn back $43,900
ML VELOCITY
1.7 mo to earn back $43,900
NOT a deep drawdown: a CC at CC-SS $24.32 (probe: $24C 17d) still earns $26,338/mo (100% of normal). Sell the normal CC at/above CC-SS; a FIGHT CC below it is not needed here.
🏦 Campaign ledger: seeded, nothing tracked yet. Open short calls and banked credits appear here from the next cycle on; the banked-floor (info) shows how far premium would ratchet the floor, but the recommended CC-SS stays the pure recovery strike.
TECHNICALS (cc_timing weekly gate + daily trigger)
WEEKLYOVERSOLD · %B 4 (live) · RSI 36 · MACD bearish, hist falling
DAILYFALLING (provisional) · RSI 33 · %B 25 · hist rising (nightly)
LEVELS20W MA (bounce target) $37.68 (+56%) · daily UBB $36.24 · 1-wk expected move ±$6 (chain IV)
SETUPSpring loaded, not ignited: 🎯 or 💎 at short DTE, normal tripwires. (advisory; floors and picks are chain-only)
⚠ Next earnings 2026-11-05: candidates whose expiry crosses it are flagged in the spectrum; EV is unreliable across earnings.
NOT a deep drawdown. A CC at/above CC-SS $24.32 keeps this fortress whole if assigned, so there is no need to FIGHT below it. Three income options to consider, richer → safer, all at/above CC-SS. Click a card for its if-challenged roll menu.
💰 Richer · sell 50 × $26.50 6 Nov 2026 (3d) · more income, lower survivalroll menu if challenged ▾
Survival (stays ≤ $26.50)
70%
Touch odds
65%
Per cycle
$6,500
Income / mo
$65,000
🎯 Recommended · sell 50 × $28.50 6 Nov 2026 (3d) · richest strike still ≥80% survivalroll menu if challenged ▾
Survival (stays ≤ $28.50)
80%
Touch odds
43%
Per cycle
$3,900
Income / mo
$39,000
🛡 Safer · sell 50 × $35 27 Nov 2026 (24d) · higher survival, lighter premiumroll menu if challenged ▾
Survival (stays ≤ $35)
90%
Touch odds
22%
Per cycle
$3,350
Income / mo
$4,188
⚔ FIGHT CC options · full candidate scan (41 clear the floor), click to expand

Every eligible strike x expiry in the 3-45 DTE band (4 expiries scanned, 41 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: 0.593 (IBKR)  |  Recovery@SS: +$457 (un-capped fortress gain if stock rallies to SS)  |  Do-nothing @ SS: $407

StrikeDTEExpiryBidSellPer cycleIncome/moNet/moSurvivalTouchPOP (mid)EV/moCap Give-up @ CC-SS%ICRecoverTotal P&L @ SS
$323d6 Nov 2026$0.3050/50$1,500$15,000$15,00091%hist 96%18%hist 13%92%+$6,860-$00.0%0.0mo$1,807 (vs do-nothing +$1,400)
$31.503d6 Nov 2026$0.3550/50$1,750$17,500$17,50090%hist 96%21%hist 22%91%+$7,801-$00.0%0.0mo$2,057 (vs do-nothing +$1,650)
$313d6 Nov 2026$0.4050/50$2,000$20,000$20,00089%hist 86%23%hist 22%90%+$8,476-$00.0%0.0mo$2,307 (vs do-nothing +$1,900)
$30.503d6 Nov 2026$0.4550/50$2,250$22,500$22,50088%hist 86%26%hist 22%89%+$8,833-$00.0%0.0mo$2,557 (vs do-nothing +$2,150)
$303d6 Nov 2026$0.5350/50$2,650$26,500$26,50086%hist 86%30%hist 22%88%+$10,303-$00.0%0.0mo$2,957 (vs do-nothing +$2,550)
$29.503d6 Nov 2026$0.6050/50$3,000$30,000$30,00084%hist 86%34%hist 31%86%+$10,810-$00.0%0.0mo$3,307 (vs do-nothing +$2,900)
$293d6 Nov 2026$0.6950/50$3,450$34,500$34,50082%hist 86%38%hist 31%85%+$11,781-$00.0%0.0mo$3,757 (vs do-nothing +$3,350)
$3010d13 Nov 2026$0.9150/50$4,550$13,650$13,65082%hist 86%39%hist 31%85%+$4,595-$00.0%0.0mo$4,857 (vs do-nothing +$4,450)
$29.5010d13 Nov 2026$1.0050/50$5,000$15,000$15,00081%hist 86%42%hist 40%84%+$4,760-$00.0%0.0mo$5,307 (vs do-nothing +$4,900)
$28.503d6 Nov 2026$0.7850/50$3,900$39,000$39,00080%hist 86%43%hist 40%83%+$12,159-$00.0%0.0mo$4,207 (vs do-nothing +$3,800)
$2910d13 Nov 2026$1.1150/50$5,550$16,650$16,65079%hist 83%46%hist 40%83%+$5,080-$00.0%0.0mo$5,857 (vs do-nothing +$5,450)
$283d6 Nov 2026$0.8950/50$4,450$44,500$44,50078%hist 83%48%hist 40%82%+$12,906-$00.0%0.0mo$4,757 (vs do-nothing +$4,350)
$28.5010d13 Nov 2026$1.2250/50$6,100$18,300$18,30077%hist 83%50%hist 45%81%+$5,240-$00.0%0.0mo$6,407 (vs do-nothing +$6,000)
Show 28 more candidates (lower strikes: more income, lower survival)
StrikeDTEExpiryBidSellPer cycleIncome/moNet/moSurvivalTouchPOP (mid)EV/moCap Give-up @ CC-SS%ICRecoverTotal P&L @ SS
$27.503d6 Nov 2026$1.0250/50$5,100$51,000$51,00075%hist 83%53%hist 45%80%+$13,999-$00.0%0.0mo$5,407 (vs do-nothing +$5,000)
$28.5017d20 Nov 2026$1.5850/50$7,900$13,941$13,94175%hist 83%55%hist 45%80%+$3,782-$00.0%0.0mo$8,207 (vs do-nothing +$7,800)
$2810d13 Nov 2026$1.3550/50$6,750$20,250$20,25075%hist 83%55%hist 45%80%+$5,526-$00.0%0.0mo$7,057 (vs do-nothing +$6,650)
$2817d20 Nov 2026$1.7250/50$8,600$15,176$15,17673%hist 83%59%hist 45%79%+$3,950-$00.0%0.0mo$8,907 (vs do-nothing +$8,500)
$27.5010d13 Nov 2026$1.4850/50$7,400$22,200$22,20073%hist 83%60%hist 45%79%+$5,624-$00.0%0.0mo$7,707 (vs do-nothing +$7,300)
$273d6 Nov 2026$1.1450/50$5,700$57,000$57,00073%hist 83%59%hist 45%78%+$13,909-$00.0%0.0mo$6,007 (vs do-nothing +$5,600)
$27.5017d20 Nov 2026$1.8650/50$9,300$16,412$16,41271%hist 83%64%hist 55%78%+$4,017-$00.0%0.0mo$9,607 (vs do-nothing +$9,200)
$2710d13 Nov 2026$1.6250/50$8,100$24,300$24,30070%hist 83%65%hist 55%77%+$5,671-$00.0%0.0mo$8,407 (vs do-nothing +$8,000)
$26.503d6 Nov 2026$1.3050/50$6,500$65,000$65,00070%hist 66%65%hist 55%77%+$15,090-$00.0%0.0mo$6,807 (vs do-nothing +$6,400)
$2717d20 Nov 2026$2.0250/50$10,100$17,824$17,82469%hist 66%68%hist 55%77%+$4,154-$00.0%0.0mo$10,407 (vs do-nothing +$10,000)
$2724d27 Nov 2026$2.2150/50$11,050$13,812$13,81269%hist 66%70%hist 55%77%+$3,170-$00.0%0.0mo$11,357 (vs do-nothing +$10,950)
$26.5010d13 Nov 2026$1.7950/50$8,950$26,850$26,85068%hist 66%71%hist 67%76%+$5,954-$00.0%0.0mo$9,257 (vs do-nothing +$8,850)
$263d6 Nov 2026$1.4750/50$7,350$73,500$73,50067%hist 66%72%hist 67%75%+$15,972-$00.0%0.0mo$7,657 (vs do-nothing +$7,250)
$2610d13 Nov 2026$1.9650/50$9,800$29,400$29,40066%hist 66%76%hist 67%75%+$6,011-$00.0%0.0mo$10,107 (vs do-nothing +$9,700)
$2617d20 Nov 2026$2.3650/50$11,800$20,824$20,82465%hist 66%79%hist 67%75%+$4,259-$00.0%0.0mo$12,107 (vs do-nothing +$11,700)
$2624d27 Nov 2026$2.5550/50$12,750$15,938$15,93865%hist 66%80%hist 67%75%+$3,208-$00.0%0.0mo$13,057 (vs do-nothing +$12,650)
$25.503d6 Nov 2026$1.6550/50$8,250$82,500$82,50064%hist 66%79%hist 67%74%+$16,470-$00.0%0.0mo$8,557 (vs do-nothing +$8,150)
$25.5010d13 Nov 2026$2.1650/50$10,800$32,400$32,40063%hist 66%82%hist 79%73%+$6,279-$00.0%0.0mo$11,107 (vs do-nothing +$10,700)
$2524d27 Nov 2026$2.9550/50$14,750$18,438$18,43861%hist 66%90%hist 89%73%+$3,287-$00.0%0.0mo$15,057 (vs do-nothing +$14,650)
$2517d20 Nov 2026$2.7550/50$13,750$24,265$24,26560%hist 66%90%hist 79%72%+$4,307-$00.0%0.0mo$14,057 (vs do-nothing +$13,650)
$253d6 Nov 2026$1.8550/50$9,250$92,500$92,50060%hist 66%87%hist 79%72%+$17,002-$00.0%0.0mo$9,557 (vs do-nothing +$9,150)
$2510d13 Nov 2026$2.3650/50$11,800$35,400$35,40060%hist 66%89%hist 79%72%+$6,299-$00.0%0.0mo$12,107 (vs do-nothing +$11,700)
$24.5010d13 Nov 2026$2.5650/50$12,800$38,400$38,40058%hist 69%95%hist 89%71%+$6,064-$00.0%0.0mo$13,107 (vs do-nothing +$12,700)
$24.503d6 Nov 2026$2.0750/50$10,350$103,500$103,50057%hist 69%95%hist 89%70%+$17,493-$00.0%0.0mo$10,657 (vs do-nothing +$10,250)
$2424d27 Nov 2026$3.3550/50$16,750$20,938$20,93856%hist 69%100%hist 89%71%+$3,011-$00.0%0.0mo$15,461 (vs do-nothing +$15,054)
$2417d20 Nov 2026$3.1550/50$15,750$27,794$27,79456%hist 69%100%hist 89%70%+$3,908-$00.0%0.0mo$14,461 (vs do-nothing +$14,054)
$2410d13 Nov 2026$2.8050/50$14,000$42,000$42,00055%hist 69%100%hist 89%70%+$6,450-$00.0%0.0mo$12,711 (vs do-nothing +$12,304)
$243d6 Nov 2026$2.3050/50$11,500$115,000$115,00053%hist 69%100%hist 89%69%+$17,388-$00.0%0.0mo$10,211 (vs do-nothing +$9,804)
116 more priced, not eligible (safety, income floor or quote screens): shown for reference
StrikeDTEExpiryBidSellPer cycleIncome/moNet/moSurvivalTouchPOP (mid)EV/moCap Give-up @ CC-SS%ICRecoverTotal P&L @ SSWhy not eligible
$583d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$573d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$563d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$553d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$543d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$533d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$523d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$513d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$503d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$493d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$483d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$473d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$463d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$453d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$443d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$433d6 Nov 2026$0.0150/50$50$500$50099+%hist 96%0%hist 3%100%+$500-$00.0%0.0mo$357 (vs do-nothing $-50)50% income floor unreachable even selling every contract
$423d6 Nov 2026$0.0250/50$100$1,000$1,00099+%hist 96%0%hist 3%100%+$999-$00.0%0.0mo$407 (vs do-nothing +$0)50% income floor unreachable even selling every contract
$413d6 Nov 2026$0.0250/50$100$1,000$1,00099+%hist 96%0%hist 3%100%+$999-$00.0%0.0mo$407 (vs do-nothing +$0)50% income floor unreachable even selling every contract
$403d6 Nov 2026$0.0450/50$200$2,000$2,00099+%hist 96%0%hist 3%100%+$1,997-$00.0%0.0mo$507 (vs do-nothing +$100)50% income floor unreachable even selling every contract
$393d6 Nov 2026$0.0450/50$200$2,000$2,00099+%hist 96%0%hist 3%100%+$1,994-$00.0%0.0mo$507 (vs do-nothing +$100)50% income floor unreachable even selling every contract
$383d6 Nov 2026$0.0550/50$250$2,500$2,50099+%hist 96%0%hist 3%100%+$2,486-$00.0%0.0mo$557 (vs do-nothing +$150)50% income floor unreachable even selling every contract
$373d6 Nov 2026$0.0750/50$350$3,500$3,50099+%hist 96%0%hist 3%100%+$3,470-$00.0%0.0mo$657 (vs do-nothing +$250)50% income floor unreachable even selling every contract
$36.503d6 Nov 2026$0.0750/50$350$3,500$3,50099+%hist 96%1%hist 3%100%+$3,456-$00.0%0.0mo$657 (vs do-nothing +$250)50% income floor unreachable even selling every contract
$363d6 Nov 2026$0.0850/50$400$4,000$4,00099+%hist 96%1%hist 3%100%+$3,936-$00.0%0.0mo$707 (vs do-nothing +$300)50% income floor unreachable even selling every contract
$6010d13 Nov 2026$0.0250/50$100$300$30099%hist 96%1%hist 3%100%+$162-$00.0%0.0mo$407 (vs do-nothing +$0)50% income floor unreachable even selling every contract
$35.503d6 Nov 2026$0.1050/50$500$5,000$5,00099%hist 96%1%hist 3%100%+$4,908-$00.0%0.0mo$807 (vs do-nothing +$400)50% income floor unreachable even selling every contract
$6017d20 Nov 2026$0.0550/50$250$441$44199%hist 96%1%hist 3%99%+$319-$00.0%0.0mo$557 (vs do-nothing +$150)50% income floor unreachable even selling every contract
$5510d13 Nov 2026$0.0450/50$200$600$60099%hist 96%1%hist 3%99%+$418-$00.0%0.0mo$507 (vs do-nothing +$100)50% income floor unreachable even selling every contract
$6024d27 Nov 2026$0.0750/50$350$438$43899%hist 96%2%hist 3%99%+$317-$00.0%0.0mo$657 (vs do-nothing +$250)50% income floor unreachable even selling every contract
$5210d13 Nov 2026$0.0450/50$200$600$60099%hist 96%2%hist 3%99%+$378-$00.0%0.0mo$507 (vs do-nothing +$100)50% income floor unreachable even selling every contract
$5110d13 Nov 2026$0.0550/50$250$750$75099%hist 96%2%hist 3%99%+$510-$00.0%0.0mo$557 (vs do-nothing +$150)50% income floor unreachable even selling every contract
$5517d20 Nov 2026$0.0650/50$300$529$52999%hist 96%2%hist 3%99%+$348-$00.0%0.0mo$607 (vs do-nothing +$200)50% income floor unreachable even selling every contract
$5010d13 Nov 2026$0.0450/50$200$600$60099%hist 96%2%hist 3%99%+$340-$00.0%0.0mo$507 (vs do-nothing +$100)50% income floor unreachable even selling every contract
$4910d13 Nov 2026$0.0550/50$250$750$75099%hist 96%2%hist 3%99%+$466-$00.0%0.0mo$557 (vs do-nothing +$150)50% income floor unreachable even selling every contract
$5524d27 Nov 2026$0.0950/50$450$562$56299%hist 96%2%hist 3%99%+$391-$00.0%0.0mo$757 (vs do-nothing +$350)50% income floor unreachable even selling every contract
$4810d13 Nov 2026$0.0550/50$250$750$75099%hist 96%3%hist 3%99%+$438-$00.0%0.0mo$557 (vs do-nothing +$150)50% income floor unreachable even selling every contract
$4710d13 Nov 2026$0.0550/50$250$750$75099%hist 96%3%hist 3%99%+$404-$00.0%0.0mo$557 (vs do-nothing +$150)50% income floor unreachable even selling every contract
$4610d13 Nov 2026$0.0750/50$350$1,050$1,05099%hist 96%3%hist 3%99%+$663-$00.0%0.0mo$657 (vs do-nothing +$250)50% income floor unreachable even selling every contract
$5017d20 Nov 2026$0.1050/50$500$882$88299%hist 96%3%hist 3%99%+$589-$00.0%0.0mo$807 (vs do-nothing +$400)50% income floor unreachable even selling every contract
$4917d20 Nov 2026$0.1150/50$550$971$97198%hist 96%3%hist 3%98%+$643-$00.0%0.0mo$857 (vs do-nothing +$450)50% income floor unreachable even selling every contract
$4510d13 Nov 2026$0.0850/50$400$1,200$1,20098%hist 96%3%hist 3%98%+$762-$00.0%0.0mo$707 (vs do-nothing +$300)50% income floor unreachable even selling every contract
$5024d27 Nov 2026$0.1350/50$650$812$81298%hist 96%4%hist 3%98%+$542-$00.0%0.0mo$957 (vs do-nothing +$550)50% income floor unreachable even selling every contract
$4410d13 Nov 2026$0.0950/50$450$1,350$1,35098%hist 96%4%hist 3%98%+$851-$00.0%0.0mo$757 (vs do-nothing +$350)50% income floor unreachable even selling every contract
$4924d27 Nov 2026$0.1250/50$600$750$75098%hist 96%4%hist 3%98%+$450-$00.0%0.0mo$907 (vs do-nothing +$500)50% income floor unreachable even selling every contract
$4817d20 Nov 2026$0.1250/50$600$1,059$1,05998%hist 96%4%hist 3%98%+$617-$00.0%0.0mo$907 (vs do-nothing +$500)50% income floor unreachable even selling every contract
$4824d27 Nov 2026$0.1650/50$800$1,000$1,00098%hist 96%4%hist 3%98%+$665-$00.0%0.0mo$1,107 (vs do-nothing +$700)50% income floor unreachable even selling every contract
$4310d13 Nov 2026$0.0950/50$450$1,350$1,35098%hist 96%4%hist 3%98%+$774-$00.0%0.0mo$757 (vs do-nothing +$350)50% income floor unreachable even selling every contract
$4717d20 Nov 2026$0.1350/50$650$1,147$1,14798%hist 96%5%hist 3%98%+$617-$00.0%0.0mo$957 (vs do-nothing +$550)50% income floor unreachable even selling every contract
$4724d27 Nov 2026$0.1750/50$850$1,063$1,06398%hist 96%5%hist 3%98%+$686-$00.0%0.0mo$1,157 (vs do-nothing +$750)50% income floor unreachable even selling every contract
$4210d13 Nov 2026$0.1050/50$500$1,500$1,50098%hist 96%5%hist 3%98%+$828-$00.0%0.0mo$807 (vs do-nothing +$400)50% income floor unreachable even selling every contract
$4624d27 Nov 2026$0.1850/50$900$1,125$1,12597%hist 96%5%hist 3%98%+$700-$00.0%0.0mo$1,207 (vs do-nothing +$800)50% income floor unreachable even selling every contract
$4617d20 Nov 2026$0.1450/50$700$1,235$1,23597%hist 96%6%hist 3%97%+$600-$00.0%0.0mo$1,007 (vs do-nothing +$600)50% income floor unreachable even selling every contract
$4110d13 Nov 2026$0.1250/50$600$1,800$1,80097%hist 96%6%hist 3%97%+$1,007-$00.0%0.0mo$907 (vs do-nothing +$500)50% income floor unreachable even selling every contract
$4524d27 Nov 2026$0.2050/50$1,000$1,250$1,25097%hist 96%6%hist 3%97%+$767-$00.0%0.0mo$1,307 (vs do-nothing +$900)50% income floor unreachable even selling every contract
$4517d20 Nov 2026$0.1650/50$800$1,412$1,41297%hist 96%6%hist 3%97%+$651-$00.0%0.0mo$1,107 (vs do-nothing +$700)50% income floor unreachable even selling every contract
$4010d13 Nov 2026$0.1550/50$750$2,250$2,25097%hist 96%7%hist 3%97%+$1,304-$00.0%0.0mo$1,057 (vs do-nothing +$650)50% income floor unreachable even selling every contract
$4424d27 Nov 2026$0.2250/50$1,100$1,375$1,37597%hist 96%7%hist 3%97%+$823-$00.0%0.0mo$1,407 (vs do-nothing +$1,000)50% income floor unreachable even selling every contract
$4417d20 Nov 2026$0.1750/50$850$1,500$1,50097%hist 96%7%hist 3%97%+$589-$00.0%0.0mo$1,157 (vs do-nothing +$750)50% income floor unreachable even selling every contract
$4324d27 Nov 2026$0.2450/50$1,200$1,500$1,50096%hist 96%8%hist 3%97%+$865-$00.0%0.0mo$1,507 (vs do-nothing +$1,100)50% income floor unreachable even selling every contract
$3910d13 Nov 2026$0.1750/50$850$2,550$2,55096%hist 96%8%hist 3%96%+$1,408-$00.0%0.0mo$1,157 (vs do-nothing +$750)50% income floor unreachable even selling every contract
$353d6 Nov 2026$0.1350/50$650$6,500$6,50096%hist 96%8%hist 3%96%+$3,817-$00.0%0.0mo$957 (vs do-nothing +$550)50% income floor unreachable even selling every contract
$4317d20 Nov 2026$0.1950/50$950$1,676$1,67696%hist 96%9%hist 3%96%+$586-$00.0%0.0mo$1,257 (vs do-nothing +$850)50% income floor unreachable even selling every contract
$4224d27 Nov 2026$0.2750/50$1,350$1,688$1,68896%hist 96%9%hist 3%96%+$953-$00.0%0.0mo$1,657 (vs do-nothing +$1,250)50% income floor unreachable even selling every contract
$3810d13 Nov 2026$0.1950/50$950$2,850$2,85096%hist 96%9%hist 3%96%+$1,457-$00.0%0.0mo$1,257 (vs do-nothing +$850)50% income floor unreachable even selling every contract
$34.503d6 Nov 2026$0.1350/50$650$6,500$6,50096%hist 96%9%hist 3%96%+$3,260-$00.0%0.0mo$957 (vs do-nothing +$550)50% income floor unreachable even selling every contract
$4217d20 Nov 2026$0.2250/50$1,100$1,941$1,94195%hist 96%10%hist 3%96%+$636-$00.0%0.0mo$1,407 (vs do-nothing +$1,000)50% income floor unreachable even selling every contract
$4124d27 Nov 2026$0.3150/50$1,550$1,938$1,93895%hist 96%10%hist 3%96%+$1,082-$00.0%0.0mo$1,857 (vs do-nothing +$1,450)50% income floor unreachable even selling every contract
$343d6 Nov 2026$0.1650/50$800$8,000$8,00095%hist 96%11%hist 13%95%+$4,089-$00.0%0.0mo$1,107 (vs do-nothing +$700)50% income floor unreachable even selling every contract
$3710d13 Nov 2026$0.2350/50$1,150$3,450$3,45095%hist 96%11%hist 13%95%+$1,732-$00.0%0.0mo$1,457 (vs do-nothing +$1,050)50% income floor unreachable even selling every contract
$4024d27 Nov 2026$0.3550/50$1,750$2,188$2,18895%hist 96%11%hist 13%95%+$1,186-$00.0%0.0mo$2,057 (vs do-nothing +$1,650)50% income floor unreachable even selling every contract
$4117d20 Nov 2026$0.2550/50$1,250$2,206$2,20695%hist 96%11%hist 13%95%+$644-$00.0%0.0mo$1,557 (vs do-nothing +$1,150)50% income floor unreachable even selling every contract
$36.5010d13 Nov 2026$0.2450/50$1,200$3,600$3,60094%hist 96%12%hist 13%95%+$1,685-$00.0%0.0mo$1,507 (vs do-nothing +$1,100)50% income floor unreachable even selling every contract
$33.503d6 Nov 2026$0.1950/50$950$9,500$9,50094%hist 96%12%hist 13%95%+$4,784-$00.0%0.0mo$1,257 (vs do-nothing +$850)50% income floor unreachable even selling every contract
$3924d27 Nov 2026$0.3950/50$1,950$2,438$2,43894%hist 96%13%hist 13%94%+$1,259-$00.0%0.0mo$2,257 (vs do-nothing +$1,850)50% income floor unreachable even selling every contract
$4017d20 Nov 2026$0.2850/50$1,400$2,471$2,47194%hist 96%13%hist 13%94%+$602-$00.0%0.0mo$1,707 (vs do-nothing +$1,300)50% income floor unreachable even selling every contract
$3610d13 Nov 2026$0.2950/50$1,450$4,350$4,35094%hist 96%13%hist 13%94%+$2,210-$00.0%0.0mo$1,757 (vs do-nothing +$1,350)50% income floor unreachable even selling every contract
$35.5010d13 Nov 2026$0.3150/50$1,550$4,650$4,65093%hist 96%14%hist 13%94%+$2,254-$00.0%0.0mo$1,857 (vs do-nothing +$1,450)50% income floor unreachable even selling every contract
$333d6 Nov 2026$0.2350/50$1,150$11,500$11,50093%hist 96%14%hist 13%94%+$5,825-$00.0%0.0mo$1,457 (vs do-nothing +$1,050)50% income floor unreachable even selling every contract
$3824d27 Nov 2026$0.4450/50$2,200$2,750$2,75093%hist 96%15%hist 13%94%+$1,355-$00.0%0.0mo$2,507 (vs do-nothing +$2,100)50% income floor unreachable even selling every contract
$3917d20 Nov 2026$0.3250/50$1,600$2,824$2,82493%hist 96%15%hist 13%94%+$591-$00.0%0.0mo$1,907 (vs do-nothing +$1,500)50% income floor unreachable even selling every contract
$3510d13 Nov 2026$0.3450/50$1,700$5,100$5,10093%hist 96%15%hist 13%93%+$2,413-$00.0%0.0mo$2,007 (vs do-nothing +$1,600)50% income floor unreachable even selling every contract
$32.503d6 Nov 2026$0.2650/50$1,300$13,000$13,00092%hist 96%16%hist 13%93%+$6,192-$00.0%0.0mo$1,607 (vs do-nothing +$1,200)50% income floor unreachable even selling every contract
$3724d27 Nov 2026$0.5150/50$2,550$3,187$3,18792%hist 96%17%hist 13%93%+$1,529-$00.0%0.0mo$2,857 (vs do-nothing +$2,450)50% income floor unreachable even selling every contract
$3817d20 Nov 2026$0.3650/50$1,800$3,176$3,17692%hist 96%17%hist 13%93%+$510-$00.0%0.0mo$2,107 (vs do-nothing +$1,700)50% income floor unreachable even selling every contract
$34.5010d13 Nov 2026$0.3550/50$1,750$5,250$5,25092%hist 96%17%hist 13%93%+$2,230-$00.0%0.0mo$2,057 (vs do-nothing +$1,650)50% income floor unreachable even selling every contract
$3617d20 Nov 2026$0.4850/50$2,400$4,235$4,23592%hist 96%17%hist 13%93%+$2,002-$00.0%0.0mo$2,707 (vs do-nothing +$2,300)50% income floor unreachable even selling every contract
$3410d13 Nov 2026$0.4150/50$2,050$6,150$6,15091%hist 96%19%hist 13%92%+$2,750-$00.0%0.0mo$2,357 (vs do-nothing +$1,950)50% income floor unreachable even selling every contract
$3624d27 Nov 2026$0.5850/50$2,900$3,625$3,62591%hist 96%19%hist 13%92%+$1,643-$00.0%0.0mo$3,207 (vs do-nothing +$2,800)50% income floor unreachable even selling every contract
$3717d20 Nov 2026$0.4250/50$2,100$3,706$3,70691%hist 96%20%hist 13%92%+$524-$00.0%0.0mo$2,407 (vs do-nothing +$2,000)50% income floor unreachable even selling every contract
$3517d20 Nov 2026$0.5650/50$2,800$4,941$4,94191%hist 96%20%hist 22%92%+$2,236-$00.0%0.0mo$3,107 (vs do-nothing +$2,700)50% income floor unreachable even selling every contract
$33.5010d13 Nov 2026$0.4450/50$2,200$6,600$6,60091%hist 96%20%hist 22%91%+$2,767-$00.0%0.0mo$2,507 (vs do-nothing +$2,100)50% income floor unreachable even selling every contract
$3524d27 Nov 2026$0.6750/50$3,350$4,188$4,18890%hist 86%22%hist 22%91%+$1,811-$00.0%0.0mo$3,657 (vs do-nothing +$3,250)50% income floor unreachable even selling every contract
$3310d13 Nov 2026$0.5150/50$2,550$7,650$7,65090%hist 86%22%hist 22%91%+$3,324-$00.0%0.0mo$2,857 (vs do-nothing +$2,450)50% income floor unreachable even selling every contract
$3417d20 Nov 2026$0.6550/50$3,250$5,735$5,73589%hist 86%24%hist 22%90%+$2,350-$00.0%0.0mo$3,557 (vs do-nothing +$3,150)50% income floor unreachable even selling every contract
$32.5010d13 Nov 2026$0.5550/50$2,750$8,250$8,25089%hist 86%24%hist 22%90%+$3,362-$00.0%0.0mo$3,057 (vs do-nothing +$2,650)50% income floor unreachable even selling every contract
$33.5017d20 Nov 2026$0.7150/50$3,550$6,265$6,26588%hist 86%26%hist 22%90%+$2,585-$00.0%0.0mo$3,857 (vs do-nothing +$3,450)50% income floor unreachable even selling every contract
$3424d27 Nov 2026$0.7750/50$3,850$4,812$4,81288%hist 86%26%hist 22%90%+$1,953-$00.0%0.0mo$4,157 (vs do-nothing +$3,750)50% income floor unreachable even selling every contract
$3210d13 Nov 2026$0.6250/50$3,100$9,300$9,30088%hist 86%27%hist 22%89%+$3,774-$00.0%0.0mo$3,407 (vs do-nothing +$3,000)50% income floor unreachable even selling every contract
$3317d20 Nov 2026$0.7650/50$3,800$6,706$6,70687%hist 86%28%hist 22%89%+$2,630-$00.0%0.0mo$4,107 (vs do-nothing +$3,700)50% income floor unreachable even selling every contract
$3324d27 Nov 2026$0.9050/50$4,500$5,625$5,62586%hist 86%30%hist 22%88%+$2,176-$00.0%0.0mo$4,807 (vs do-nothing +$4,400)50% income floor unreachable even selling every contract
$31.5010d13 Nov 2026$0.6650/50$3,300$9,900$9,90086%hist 86%29%hist 22%88%+$3,649-$00.0%0.0mo$3,607 (vs do-nothing +$3,200)50% income floor unreachable even selling every contract
$32.5017d20 Nov 2026$0.8350/50$4,150$7,324$7,32486%hist 86%30%hist 22%88%+$2,815-$00.0%0.0mo$4,457 (vs do-nothing +$4,050)50% income floor unreachable even selling every contract
$3217d20 Nov 2026$0.9050/50$4,500$7,941$7,94185%hist 86%32%hist 31%87%+$2,952-$00.0%0.0mo$4,807 (vs do-nothing +$4,400)50% income floor unreachable even selling every contract
$3110d13 Nov 2026$0.7450/50$3,700$11,100$11,10085%hist 86%32%hist 31%87%+$4,026-$00.0%0.0mo$4,007 (vs do-nothing +$3,600)50% income floor unreachable even selling every contract
$3224d27 Nov 2026$1.0450/50$5,200$6,500$6,50084%hist 86%35%hist 31%87%+$2,333-$00.0%0.0mo$5,507 (vs do-nothing +$5,100)50% income floor unreachable even selling every contract
$31.5017d20 Nov 2026$0.9750/50$4,850$8,559$8,55984%hist 86%35%hist 31%86%+$3,035-$00.0%0.0mo$5,157 (vs do-nothing +$4,750)50% income floor unreachable even selling every contract
$30.5010d13 Nov 2026$0.8150/50$4,050$12,150$12,15084%hist 86%35%hist 31%86%+$4,146-$00.0%0.0mo$4,357 (vs do-nothing +$3,950)50% income floor unreachable even selling every contract
$3117d20 Nov 2026$1.0550/50$5,250$9,265$9,26583%hist 86%38%hist 31%85%+$3,148-$00.0%0.0mo$5,557 (vs do-nothing +$5,150)50% income floor unreachable even selling every contract
$3124d27 Nov 2026$1.2150/50$6,050$7,562$7,56282%hist 86%40%hist 31%85%+$2,524-$00.0%0.0mo$6,357 (vs do-nothing +$5,950)50% income floor unreachable even selling every contract
$30.5017d20 Nov 2026$1.1450/50$5,700$10,059$10,05982%hist 86%41%hist 40%84%+$3,286-$00.0%0.0mo$6,007 (vs do-nothing +$5,600)50% income floor unreachable even selling every contract
$3017d20 Nov 2026$1.2650/50$6,300$11,118$11,11880%hist 86%44%hist 40%84%+$3,618-$00.0%0.0mo$6,607 (vs do-nothing +$6,200)50% income floor unreachable even selling every contract
$3024d27 Nov 2026$1.4150/50$7,050$8,812$8,81279%hist 83%46%hist 40%83%+$2,722-$00.0%0.0mo$7,357 (vs do-nothing +$6,950)50% income floor unreachable even selling every contract
$29.5017d20 Nov 2026$1.3450/50$6,700$11,824$11,82479%hist 83%47%hist 40%82%+$3,521-$00.0%0.0mo$7,007 (vs do-nothing +$6,600)50% income floor unreachable even selling every contract
$2917d20 Nov 2026$1.4650/50$7,300$12,882$12,88277%hist 83%51%hist 45%81%+$3,695-$00.0%0.0mo$7,607 (vs do-nothing +$7,200)50% income floor unreachable even selling every contract
$2924d27 Nov 2026$1.6450/50$8,200$10,250$10,25076%hist 83%53%hist 45%81%+$2,896-$00.0%0.0mo$8,507 (vs do-nothing +$8,100)50% income floor unreachable even selling every contract
$2824d27 Nov 2026$1.9050/50$9,500$11,875$11,87573%hist 83%61%hist 55%79%+$3,014-$00.0%0.0mo$9,807 (vs do-nothing +$9,400)50% income floor unreachable even selling every contract

Per cycle = bid x 100 x contracts, the cash this expiry pays. Touch = P(strike trades before expiry), with the graded record's hist pill. Recover = months of this income to close the hole to CC-SS. Income/mo = FIGHT leg gross, DTE-prorated. Net/mo = FIGHT + conservative CC gross minus hedge cost. POP (mid) = probability stock closes at or below (strike + mid premium) at expiry, per-strike chain IV when available. Survival = CC expires fully worthless. EV/mo = premium minus expected buyback, monthly, with realized vol = IV x 85% (variance risk premium 15%). Survival, POP and touch use vol x 1.00 (raw implied: the VRP haircut is applied to the premium edge but NOT to risk, because understating the edge costs opportunity while understating breach odds costs capital; the risk-side haircut arms only from the graded ledger). Cap give-up @ SS = recovery mortgaged on a V-bounce to SS, net of premium. Total P&L @ SS = absolute position P&L if the stock closes at SS; "vs do-nothing" = opportunity cost against holding all 50 contracts at the conservative CC.

fortress_fight.py v6.3  |  2026-11-04 04:19