4 contracts (400 sh) | BE SS: $161.00 | CC-SS: $167.57 | IV: HIGH | Accounts: RetireInc:7291
| Max Loss | $56,800 | (ND $12.00 + SW $130) x 400 |
| Normal income ref | $5,365/mo | 95% ann ROI on ML |
| Hedge rolling cost | $369/mo | |
| Unrealized P&L | $-33,404 | fortress legs from IBKR |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 4 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 · 3d | 4 × $102 | 89% | $3,200 | $1,455 |
| NEXT FRIDAY | 24 Jul 2026 · 10d | 4 × $101 | 77% | $2,916 | $612 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 4 × $115 | 17 Jul | 3d | 25.2% | 99% | 2% | $44 | $440 | -$2,760 | $20,982 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $115 25.2% OTM over spot $91.88 17 Jul 2026 (3d, $0.12 mid) = $44 credit for the 3d cycle → $440/mo projected Survival (stays ≤ $115) 99% Breach risk 1% POP (stays ≤ $115.12) 99% EV / mo +$393 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.1 mo [1.9-4.8] median, 0.1 mo faster than no FIGHT (3.2 mo) · 32% of paths whole by 9 mo (vs 32% without) · ~0.9 challenges expected · median CC cash $-726 🛡 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) -$1,567 Free roll-up +$9/wk Safest escape (by 31 Jul 2026) $133 @ 82% POP 78% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.69/sh now → $4.03 mid-life → ≈ $0 at expiry | you banked $0.11/sh, so a flat mid-life exit nets -$3.92/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 ⚠ $115 is $53 below CC-SS $167.57: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.03/sh (~25% of the $0.11 collected) or spot ≥ $115.12 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $115)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $115): -$20,982 Total Position P&L @ SS: $-20,994 (+$12,410 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-17,968, the opportunity cost of earning $440/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$8,128, position total $-22,318 (+$11,086 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 4 × $105 | 17 Jul | 3d | 14.3% | 94% | 13% | $200 | $2,000 | -$1,200 | $24,826 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $105 14.3% OTM over spot $91.88 17 Jul 2026 (3d, $0.53 mid) = $200 credit for the 3d cycle → $2,000/mo projected Survival (stays ≤ $105) 94% Breach risk 6% POP (stays ≤ $105.53) 94% EV / mo +$1,505 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.2 mo [2.0-5.2] median · 36% of paths whole by 9 mo (vs 30% without) · ~5.4 challenges expected · median CC cash $6,311 🛡 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) 8% Flat exit net (mid-life) -$1,197 Free roll-up +$7/wk Safest escape (by 31 Jul 2026) $123 @ 84% POP 81% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $4.94/sh now → $3.49 mid-life (likely $3.11–$5.81) → ≈ $0 at expiry | you banked $0.50/sh, so a flat mid-life exit nets -$2.99/sh | roll rows are incremental, the banked premium stays yours 📊 Across 225 simulated challenges: the $105 strike is typically first touched on day 2 of 3, at $108 (overshoots $2.80). 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 ⚠ $105 is $63 below CC-SS $167.57: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.12/sh (~25% of the $0.50 collected) or spot ≥ $105.53 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $105)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $105): -$24,826 Total Position P&L @ SS: $-24,838 (+$8,566 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-21,812, the opportunity cost of earning $2,000/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$11,972, position total $-26,162 (+$7,242 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 4 × $103 | 17 Jul | 3d | 12.1% | 91% | 19% | $268 | $2,680 | -$520 | $25,558 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $103 12.1% OTM over spot $91.88 17 Jul 2026 (3d, $0.71 mid) = $268 credit for the 3d cycle → $2,680/mo projected Survival (stays ≤ $103) 91% Breach risk 9% POP (stays ≤ $103.71) 92% EV / mo +$1,841 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.0 mo [2.2-5.8] median, 0.3 mo faster than no FIGHT (4.2 mo) · 40% of paths whole by 9 mo (vs 32% without) · ~8.3 challenges expected · median CC cash $8,858 🛡 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) 11% Flat exit net (mid-life) -$1,088 Free roll-up +$7/wk Safest escape (by 31 Jul 2026) $121 @ 84% POP 82% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $4.79/sh now → $3.39 mid-life (likely $3.27–$6.09) → ≈ $0 at expiry | you banked $0.67/sh, so a flat mid-life exit nets -$2.72/sh | roll rows are incremental, the banked premium stays yours 📊 Across 331 simulated challenges: the $103 strike is typically first touched on day 2 of 3, at $106 (overshoots $2.81). 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 ⚠ $103 is $65 below CC-SS $167.57: 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 < $0.17/sh (~25% of the $0.67 collected) or spot ≥ $103.71 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $103)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $103): -$25,558 Total Position P&L @ SS: $-25,570 (+$7,834 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-22,544, the opportunity cost of earning $2,680/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$12,704, position total $-26,894 (+$6,510 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 4 × $102 | 17 Jul | 3d | 11.0% | 89% | 13% | $320 | $3,200 | — | $25,906 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $102 11.0% OTM over spot $91.88 17 Jul 2026 (3d, $0.84 mid) = $320 credit for the 3d cycle → $3,200/mo projected Survival (stays ≤ $102) 89% Breach risk 11% POP (stays ≤ $102.84) 91% EV / mo +$2,109 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.8 mo [2.1-5.7] median, 0.1 mo faster than no FIGHT (3.8 mo) · 40% of paths whole by 9 mo (vs 27% without) · ~10.1 challenges expected · median CC cash $10,504 🛡 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) -$1,016 Free roll-up +$7/wk Safest escape (by 31 Jul 2026) $120 @ 85% POP 82% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $4.72/sh now → $3.34 mid-life (likely $3.19–$6.14) → ≈ $0 at expiry | you banked $0.80/sh, so a flat mid-life exit nets -$2.54/sh | roll rows are incremental, the banked premium stays yours 📊 Across 392 simulated challenges: the $102 strike is typically first touched on day 2 of 3, at $105 (overshoots $2.83). 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 ⚠ $102 is $66 below CC-SS $167.57: 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 < $0.20/sh (~25% of the $0.80 collected) or spot ≥ $102.84 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $102)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $102): -$25,906 Total Position P&L @ SS: $-25,918 (+$7,486 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-22,892, the opportunity cost of earning $3,200/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$13,052, position total $-27,242 (+$6,162 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 4 × $98.50 | 17 Jul | 3d | 7.2% | 80% | 41% | $576 | $5,760 | +$2,560 | $27,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $98.50 7.2% OTM over spot $91.88 17 Jul 2026 (3d, $1.51 mid) = $576 credit for the 3d cycle → $5,760/mo projected Survival (stays ≤ $98.50) 80% Breach risk 20% POP (stays ≤ $100.01) 84% EV / mo +$3,096 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.3 mo [2.0-5.6] median, 0.1 mo faster than no FIGHT (3.4 mo) · 46% of paths whole by 9 mo (vs 31% without) · ~18.1 challenges expected · median CC cash $14,989 🛡 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) 26% Flat exit net (mid-life) -$690 Free roll-up +$6/wk Safest escape (by 31 Jul 2026) $121 @ 88% POP 87% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $4.47/sh now → $3.16 mid-life (likely $3.56–$6.38) → ≈ $0 at expiry | you banked $1.44/sh, so a flat mid-life exit nets -$1.72/sh | roll rows are incremental, the banked premium stays yours 📊 Across 788 simulated challenges: the $98 strike is typically first touched on day 2 of 3, at $101 (overshoots $2.95). 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 ⚠ $98.50 is $69 below CC-SS $167.57: 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 < $0.36/sh (~25% of the $1.44 collected) or spot ≥ $100.01 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $98)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $98.50): -$27,050 Total Position P&L @ SS: $-27,062 (+$6,342 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-24,036, the opportunity cost of earning $5,760/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$14,196, position total $-28,386 (+$5,018 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 4 × $121 | 24 Jul | 10d | 31.7% | 97% | 7% | $132 | $396 | -$2,520 | $18,494 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $121 31.7% OTM over spot $91.88 24 Jul 2026 (10d, $0.36 mid) = $132 credit for the 10d cycle → $396/mo projected Survival (stays ≤ $121) 97% Breach risk 3% POP (stays ≤ $121.36) 97% EV / mo +$280 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.9 mo [2.4-6.5] median, 0.1 mo faster than no FIGHT (4.0 mo) · 30% of paths whole by 9 mo (vs 28% without) · ~1.1 challenges expected · median CC cash $-581 🛡 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) 4% Flat exit net (mid-life) -$2,506 Free roll-up +$8/wk Safest escape (by 31 Jul 2026) $129 @ 76% POP 67% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $9.32/sh now → $6.59 mid-life (likely $4.14–$8.10) → ≈ $0 at expiry | you banked $0.33/sh, so a flat mid-life exit nets -$6.26/sh | roll rows are incremental, the banked premium stays yours 📊 Across 108 simulated challenges: the $121 strike is typically first touched on day 8 of 10, at $124 (overshoots $3.12). 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 ⚠ $121 is $47 below CC-SS $167.57: 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 < $0.08/sh (~25% of the $0.33 collected) or spot ≥ $121.36 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $121)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $121): -$18,494 Total Position P&L @ SS: $-18,506 (+$14,898 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-15,480, the opportunity cost of earning $396/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$5,640, position total $-19,830 (+$13,574 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 4 × $110 | 24 Jul | 10d | 19.7% | 90% | 20% | $376 | $1,128 | -$1,788 | $22,650 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $110 19.7% OTM over spot $91.88 24 Jul 2026 (10d, $1.00 mid) = $376 credit for the 10d cycle → $1,128/mo projected Survival (stays ≤ $110) 90% Breach risk 10% POP (stays ≤ $111.00) 91% EV / mo +$607 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.2 mo [2.6-6.1] median, 0.1 mo faster than no FIGHT (4.3 mo) · 29% of paths whole by 9 mo (vs 25% without) · ~3.6 challenges expected · median CC cash $2,135 🛡 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) -$1,886 Free roll-up +$6/wk Safest escape (by 31 Jul 2026) $119 @ 77% POP 70% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $7.99/sh now → $5.65 mid-life (likely $4.76–$7.92) → ≈ $0 at expiry | you banked $0.94/sh, so a flat mid-life exit nets -$4.71/sh | roll rows are incremental, the banked premium stays yours 📊 Across 460 simulated challenges: the $110 strike is typically first touched on day 7 of 10, at $113 (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 ⚠ $110 is $58 below CC-SS $167.57: 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 < $0.23/sh (~25% of the $0.94 collected) or spot ≥ $111.00 (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 $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $110): -$22,650 Total Position P&L @ SS: $-22,662 (+$10,742 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-19,636, the opportunity cost of earning $1,128/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$9,796, position total $-23,986 (+$9,418 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 4 × $105 | 24 Jul | 10d | 14.3% | 84% | 34% | $640 | $1,920 | -$996 | $24,386 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $105 14.3% OTM over spot $91.88 24 Jul 2026 (10d, $1.68 mid) = $640 credit for the 10d cycle → $1,920/mo projected Survival (stays ≤ $105) 84% Breach risk 16% POP (stays ≤ $106.68) 86% EV / mo +$866 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.6 mo [2.0-5.9] median, 0.3 mo SLOWER than no FIGHT (3.2 mo): roll costs eat the credits at this rung · 29% of paths whole by 9 mo (vs 25% without) · ~6.1 challenges expected · median CC cash $4,835 🛡 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) 25% Flat exit net (mid-life) -$1,460 Free roll-up +$6/wk Safest escape (by 31 Jul 2026) $116 @ 80% POP 74% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $7.42/sh now → $5.25 mid-life (likely $5.08–$7.80) → ≈ $0 at expiry | you banked $1.60/sh, so a flat mid-life exit nets -$3.65/sh | roll rows are incremental, the banked premium stays yours 📊 Across 757 simulated challenges: the $105 strike is typically first touched on day 6 of 10, at $108 (overshoots $2.76). 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 ⚠ $105 is $63 below CC-SS $167.57: 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 < $0.40/sh (~25% of the $1.60 collected) or spot ≥ $106.68 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $105)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $105): -$24,386 Total Position P&L @ SS: $-24,398 (+$9,006 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-21,372, the opportunity cost of earning $1,920/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$11,532, position total $-25,722 (+$7,682 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 4 × $101 | 24 Jul | 10d | 9.9% | 77% | 39% | $972 | $2,916 | — | $25,654 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $101 9.9% OTM over spot $91.88 24 Jul 2026 (10d, $2.52 mid) = $972 credit for the 10d cycle → $2,916/mo projected Survival (stays ≤ $101) 77% Breach risk 23% POP (stays ≤ $103.52) 81% EV / mo +$1,094 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.9 mo [2.7-5.9] median, 0.1 mo SLOWER than no FIGHT (3.8 mo): roll costs eat the credits at this rung · 32% of paths whole by 9 mo (vs 25% without) · ~9.6 challenges expected · median CC cash $6,565 🛡 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) 39% Flat exit net (mid-life) -$1,002 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $115 @ 83% POP 80% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $6.98/sh now → $4.94 mid-life (likely $5.40–$7.89) → ≈ $0 at expiry | you banked $2.43/sh, so a flat mid-life exit nets -$2.51/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,167 simulated challenges: the $101 strike is typically first touched on day 5 of 10, at $104 (overshoots $2.77). 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 ⚠ $101 is $67 below CC-SS $167.57: 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 < $0.61/sh (~25% of the $2.43 collected) or spot ≥ $103.52 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $101)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $101): -$25,654 Total Position P&L @ SS: $-25,666 (+$7,738 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-22,640, the opportunity cost of earning $2,916/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$12,800, position total $-26,990 (+$6,414 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 4 × $94 | 24 Jul | 10d | 2.3% | 59% | 87% | $1,840 | $5,520 | +$2,604 | $27,586 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 4 × $94 2.3% OTM over spot $91.88 24 Jul 2026 (10d, $4.82 mid) = $1,840 credit for the 10d cycle → $5,520/mo projected Survival (stays ≤ $94) 59% Breach risk 41% POP (stays ≤ $98.83) 72% EV / mo +$1,154 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.5 mo [2.4-5.9] median, 0.2 mo SLOWER than no FIGHT (3.4 mo): roll costs eat the credits at this rung · 36% of paths whole by 9 mo (vs 29% without) · ~25.1 challenges expected · median CC cash $9,138 🛡 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) +$77 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $114 @ 90% POP 89% survival Roll menuyour doors if the call gets challenged; each row = buy back the 4 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $6.23/sh now → $4.41 mid-life (likely $6.05–$8.29) → ≈ $0 at expiry | you banked $4.60/sh, so a flat mid-life exit nets +$0.19/sh | roll rows are incremental, the banked premium stays yours 📊 Across 2,168 simulated challenges: the $94 strike is typically first touched on day 3 of 10, at $97 (overshoots $2.89). 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 ⚠ $94 is $74 below CC-SS $167.57: 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 < $1.15/sh (~25% of the $4.60 collected) or spot ≥ $98.83 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $94)); NOT the premium you collected. Momentum override: two daily closes above $124.71 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.10 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $167.57, where you are whole again, by expiry) Starting unrealized P&L: $-33,404 + Fortress recovery (un-capped): +$33,392 − CC assignment net of premium (4 × $94): -$27,586 Total Position P&L @ SS: $-27,598 (+$5,806 vs today) Do-nothing baseline at SS: $-3,026 (this trade vs do-nothing: $-24,572, the opportunity cost of earning $5,520/mo FIGHT income now) BB-reversion stress (→ $135.43 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$14,732, position total $-28,922 (+$4,482 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 3-45 DTE band (3 expiries scanned, 46 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: 1.103 (IBKR) | Recovery@SS: +$33,392 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-3,026
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $102 | 3d | 17 Jul 2026 | $0.80 | 4/4 | $3,200 | $2,831 | 89% | 91% | +$2,109 | -$25,906 | 539.7% | $-25,918 (vs do-nothing $-22,892) |
| $101 | 3d | 17 Jul 2026 | $0.99 | 3/4 | $2,970 | $2,610 | 87% | 89% | +$1,908 | -$19,673 | 409.8% | $-20,438 (vs do-nothing $-17,412) |
| $100 | 3d | 17 Jul 2026 | $1.16 | 3/4 | $3,480 | $3,120 | 84% | 87% | +$2,107 | -$19,922 | 415.0% | $-20,687 (vs do-nothing $-17,661) |
| $99 | 3d | 17 Jul 2026 | $1.33 | 3/4 | $3,990 | $3,630 | 81% | 85% | +$2,224 | -$20,171 | 420.2% | $-20,936 (vs do-nothing $-17,910) |
| $98.50 | 3d | 17 Jul 2026 | $1.44 | 2/4 | $2,880 | $2,529 | 80% | 84% | +$1,548 | -$13,525 | 281.8% | $-15,044 (vs do-nothing $-12,018) |
| $98 | 3d | 17 Jul 2026 | $1.57 | 2/4 | $3,140 | $2,789 | 78% | 83% | +$1,636 | -$13,599 | 283.3% | $-15,118 (vs do-nothing $-12,092) |
| $101 | 10d | 24 Jul 2026 | $2.43 | 4/4 | $2,916 | $2,547 | 77% | 81% | +$1,094 | -$25,654 | 534.5% | $-25,666 (vs do-nothing $-22,640) |
| $97.50 | 3d | 17 Jul 2026 | $1.69 | 2/4 | $3,380 | $3,029 | 77% | 82% | +$1,686 | -$13,675 | 284.9% | $-15,194 (vs do-nothing $-12,168) |
| $97 | 3d | 17 Jul 2026 | $1.85 | 2/4 | $3,700 | $3,349 | 75% | 81% | +$1,796 | -$13,743 | 286.3% | $-15,262 (vs do-nothing $-12,236) |
| $100 | 10d | 24 Jul 2026 | $2.70 | 4/4 | $3,240 | $2,871 | 74% | 80% | +$1,160 | -$25,946 | 540.5% | $-25,958 (vs do-nothing $-22,932) |
| $96.50 | 3d | 17 Jul 2026 | $1.98 | 2/4 | $3,960 | $3,609 | 73% | 80% | +$1,826 | -$13,817 | 287.9% | $-15,336 (vs do-nothing $-12,310) |
| $99 | 10d | 24 Jul 2026 | $2.99 | 3/4 | $2,691 | $2,331 | 72% | 79% | +$914 | -$19,673 | 409.8% | $-20,438 (vs do-nothing $-17,412) |
| $101 | 17d | 31 Jul 2026 | $4.00 | 4/4 | $2,824 | $2,454 | 72% | 79% | +$824 | -$25,026 | 521.4% | $-25,038 (vs do-nothing $-22,012) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $98.50 | 10d | 24 Jul 2026 | $3.00 | 3/4 | $2,700 | $2,340 | 71% | 78% | +$805 | -$19,820 | 412.9% | $-20,585 (vs do-nothing $-17,559) |
| $96 | 3d | 17 Jul 2026 | $2.15 | 2/4 | $4,300 | $3,949 | 71% | 79% | +$1,913 | -$13,883 | 289.2% | $-15,402 (vs do-nothing $-12,376) |
| $100 | 17d | 31 Jul 2026 | $4.45 | 4/4 | $3,141 | $2,772 | 70% | 78% | +$951 | -$25,246 | 526.0% | $-25,258 (vs do-nothing $-22,232) |
| $98 | 10d | 24 Jul 2026 | $3.15 | 3/4 | $2,835 | $2,475 | 70% | 77% | +$815 | -$19,925 | 415.1% | $-20,690 (vs do-nothing $-17,664) |
| $97.50 | 10d | 24 Jul 2026 | $3.30 | 3/4 | $2,970 | $2,610 | 68% | 76% | +$819 | -$20,030 | 417.3% | $-20,795 (vs do-nothing $-17,769) |
| $99 | 17d | 31 Jul 2026 | $4.65 | 4/4 | $3,282 | $2,913 | 68% | 77% | +$886 | -$25,566 | 532.6% | $-25,578 (vs do-nothing $-22,552) |
| $98.50 | 17d | 31 Jul 2026 | $4.75 | 4/4 | $3,353 | $2,984 | 67% | 76% | +$848 | -$25,726 | 536.0% | $-25,738 (vs do-nothing $-22,712) |
| $97 | 10d | 24 Jul 2026 | $3.50 | 3/4 | $3,150 | $2,790 | 67% | 76% | +$861 | -$20,120 | 419.2% | $-20,885 (vs do-nothing $-17,859) |
| $98 | 17d | 31 Jul 2026 | $4.90 | 4/4 | $3,459 | $3,090 | 67% | 76% | +$841 | -$25,866 | 538.9% | $-25,878 (vs do-nothing $-22,852) |
| $95 | 3d | 17 Jul 2026 | $2.53 | 2/4 | $5,060 | $4,709 | 66% | 77% | +$2,098 | -$14,007 | 291.8% | $-15,526 (vs do-nothing $-12,500) |
| $96.50 | 10d | 24 Jul 2026 | $3.65 | 3/4 | $3,285 | $2,925 | 66% | 75% | +$850 | -$20,225 | 421.3% | $-20,990 (vs do-nothing $-17,964) |
| $97.50 | 17d | 31 Jul 2026 | $5.05 | 4/4 | $3,565 | $3,196 | 66% | 75% | +$829 | -$26,006 | 541.8% | $-26,018 (vs do-nothing $-22,992) |
| $97 | 17d | 31 Jul 2026 | $5.45 | 3/4 | $2,885 | $2,525 | 65% | 75% | +$742 | -$19,535 | 407.0% | $-20,300 (vs do-nothing $-17,274) |
| $96 | 10d | 24 Jul 2026 | $3.85 | 3/4 | $3,465 | $3,105 | 65% | 74% | +$878 | -$20,315 | 423.2% | $-21,080 (vs do-nothing $-18,054) |
| $96.50 | 17d | 31 Jul 2026 | $5.40 | 3/4 | $2,859 | $2,499 | 64% | 74% | +$622 | -$19,700 | 410.4% | $-20,465 (vs do-nothing $-17,439) |
| $96 | 17d | 31 Jul 2026 | $5.70 | 3/4 | $3,018 | $2,658 | 63% | 73% | +$683 | -$19,760 | 411.7% | $-20,525 (vs do-nothing $-17,499) |
| $94 | 3d | 17 Jul 2026 | $2.88 | 1/4 | $2,880 | $2,538 | 62% | 75% | +$1,061 | -$7,069 | 147.3% | $-9,341 (vs do-nothing $-6,315) |
| $95 | 10d | 24 Jul 2026 | $4.30 | 3/4 | $3,870 | $3,510 | 62% | 73% | +$955 | -$20,480 | 426.7% | $-21,245 (vs do-nothing $-18,219) |
| $95 | 17d | 31 Jul 2026 | $6.25 | 3/4 | $3,309 | $2,949 | 61% | 73% | +$768 | -$19,895 | 414.5% | $-20,660 (vs do-nothing $-17,634) |
| $93.50 | 3d | 17 Jul 2026 | $3.00 | 1/4 | $3,000 | $2,658 | 60% | 73% | +$993 | -$7,107 | 148.1% | $-9,379 (vs do-nothing $-6,353) |
| $94 | 10d | 24 Jul 2026 | $4.60 | 2/4 | $2,760 | $2,409 | 59% | 72% | +$577 | -$13,793 | 287.4% | $-15,312 (vs do-nothing $-12,286) |
| $94 | 17d | 31 Jul 2026 | $6.60 | 3/4 | $3,494 | $3,134 | 58% | 71% | +$734 | -$20,090 | 418.5% | $-20,855 (vs do-nothing $-17,829) |
| $93 | 3d | 17 Jul 2026 | $3.10 | 1/4 | $3,100 | $2,758 | 57% | 72% | +$932 | -$7,147 | 148.9% | $-9,419 (vs do-nothing $-6,393) |
| $93 | 17d | 31 Jul 2026 | $7.10 | 3/4 | $3,759 | $3,399 | 56% | 71% | +$765 | -$20,240 | 421.7% | $-21,005 (vs do-nothing $-17,979) |
| $93 | 10d | 24 Jul 2026 | $5.05 | 2/4 | $3,030 | $2,679 | 56% | 70% | +$587 | -$13,903 | 289.6% | $-15,422 (vs do-nothing $-12,396) |
| $92.50 | 3d | 17 Jul 2026 | $3.35 | 1/4 | $3,350 | $3,008 | 55% | 71% | +$952 | -$7,172 | 149.4% | $-9,444 (vs do-nothing $-6,418) |
| $92 | 17d | 31 Jul 2026 | $7.60 | 2/4 | $2,682 | $2,331 | 54% | 70% | +$521 | -$13,593 | 283.2% | $-15,112 (vs do-nothing $-12,086) |
| $92 | 10d | 24 Jul 2026 | $5.60 | 2/4 | $3,360 | $3,009 | 53% | 69% | +$634 | -$13,993 | 291.5% | $-15,512 (vs do-nothing $-12,486) |
| $92 | 3d | 17 Jul 2026 | $3.75 | 1/4 | $3,750 | $3,408 | 52% | 70% | +$1,094 | -$7,182 | 149.6% | $-9,454 (vs do-nothing $-6,428) |
| $91 | 17d | 31 Jul 2026 | $8.00 | 2/4 | $2,824 | $2,472 | 52% | 69% | +$487 | -$13,713 | 285.7% | $-15,232 (vs do-nothing $-12,206) |
| $91 | 10d | 24 Jul 2026 | $6.00 | 2/4 | $3,600 | $3,249 | 50% | 68% | +$570 | -$14,113 | 294.0% | $-15,632 (vs do-nothing $-12,606) |
| $91.50 | 3d | 17 Jul 2026 | $3.90 | 1/4 | $3,900 | $3,558 | 50% | 69% | +$999 | -$7,217 | 150.3% | $-9,489 (vs do-nothing $-6,463) |
| $91 | 3d | 17 Jul 2026 | $4.10 | 1/4 | $4,100 | $3,758 | 47% | 68% | +$925 | -$7,247 | 151.0% | $-9,519 (vs do-nothing $-6,493) |
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 4 contracts at the conservative CC.