5 contracts (500 sh) | BE SS: $1028.60 | CC-SS: $1044.68 | IV: HIGH | Accounts: Main:1299
| Max Loss | $419,300 | (ND $148.60 + SW $690) x 500 |
| Normal income ref | $80,900/mo | 95% ann ROI on ML |
| Hedge rolling cost | $761/mo | |
| Unrealized P&L | $-22,005 | fortress legs from IBKR |
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 · 8d | 5 × $1135 | 79% | $42,281 | $7,319 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 1 × $1280 | 17 Jul | 8d | 26.5% | 94% | 12% | $535 | $2,006 | -$40,275 | $0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 1 × $1280 26.5% OTM over spot $1,011.62 17 Jul 2026 (8d, $5.85 mid) = $535 credit for the 8d cycle → $2,006/mo projected Survival (stays ≤ $1280) 94% Breach risk 6% POP (stays ≤ $1285.85) 94% EV / mo +$1,078 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.1-0.4] median · 100% of paths whole by 9 mo (vs 100% without) · ~0.1 challenges expected · median CC cash $6,257 🛡 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) 9% Flat exit net (mid-life) -$5,450 Free roll-up none Safest escape (by 24 Jul 2026) $1,323 @ 71% POP 61% 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 4 of 8); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $84.60/sh now → $59.85 mid-life (likely $47.57–$80.96) → ≈ $0 at expiry | you banked $5.35/sh, so a flat mid-life exit nets -$54.50/sh | roll rows are incremental, the banked premium stays yours 📊 Across 259 simulated challenges: the $1,280 strike is typically first touched on day 6 of 8, at $1,319 (overshoots $39.27). 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.
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 ✓ $1280 is at/above CC-SS $1044.68: assignment is break-even or better.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $1.34/sh (~25% of the $5.35 collected) or spot ≥ $1,285.85 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,280)); NOT the premium you collected. Momentum override: two daily closes above $1,218.14 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.04 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $1044.68, where you are whole again, by expiry) Starting unrealized P&L: $-22,005 + Fortress recovery (un-capped): +$17,225 − CC assignment net of premium (1 × $1280): -$0 + Conservative CC premium (4 × $1030): +$17,348 Total Position P&L @ SS: $12,568 (+$34,573 vs today) Do-nothing baseline at SS: $16,905 (this trade vs do-nothing: $-4,337, the opportunity cost of earning $2,006/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 5 × $1225 | 17 Jul | 8d | 21.1% | 90% | 20% | $4,675 | $17,531 | -$24,750 | $0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $1225 21.1% OTM over spot $1,011.62 17 Jul 2026 (8d, $10.02 mid) = $4,675 credit for the 8d cycle → $17,531/mo projected Survival (stays ≤ $1225) 90% Breach risk 10% POP (stays ≤ $1235.03) 91% EV / mo +$8,125 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.0-0.3] median · 91% of paths whole by 9 mo (vs 100% without) · ~0.5 challenges expected · median CC cash $-25 🛡 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) -$23,966 Free roll-up none Safest escape (by 24 Jul 2026) $1,293 @ 74% POP 66% 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 4 of 8); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $80.97/sh now → $57.28 mid-life (likely $52.86–$86.77) → ≈ $0 at expiry | you banked $9.35/sh, so a flat mid-life exit nets -$47.93/sh | roll rows are incremental, the banked premium stays yours 📊 Across 425 simulated challenges: the $1,225 strike is typically first touched on day 5 of 8, at $1,264 (overshoots $38.81). 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.
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 ✓ $1225 is at/above CC-SS $1044.68: 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 < $2.34/sh (~25% of the $9.35 collected) or spot ≥ $1,235.03 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,225)); NOT the premium you collected. Momentum override: two daily closes above $1,218.14 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.04 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $1044.68, where you are whole again, by expiry) Starting unrealized P&L: $-22,005 + Fortress recovery (un-capped): +$17,225 − CC assignment net of premium (5 × $1225): -$0 Total Position P&L @ SS: $-4,780 (+$17,225 vs today) Do-nothing baseline at SS: $16,905 (this trade vs do-nothing: $-21,685, the opportunity cost of earning $17,531/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 5 × $1180 | 17 Jul | 8d | 16.6% | 86% | 30% | $7,325 | $27,469 | -$14,812 | $0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $1180 16.6% OTM over spot $1,011.62 17 Jul 2026 (8d, $15.30 mid) = $7,325 credit for the 8d cycle → $27,469/mo projected Survival (stays ≤ $1180) 86% Breach risk 14% POP (stays ≤ $1195.30) 87% EV / mo +$10,927 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.0-0.3] median · 94% of paths whole by 9 mo (vs 100% without) · ~0.7 challenges expected · median CC cash $-25 🛡 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) 23% Flat exit net (mid-life) -$20,264 Free roll-up +$8/wk Safest escape (by 24 Jul 2026) $1,268 @ 76% POP 70% 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 4 of 8); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $77.99/sh now → $55.18 mid-life (likely $53.41–$84.72) → ≈ $0 at expiry | you banked $14.65/sh, so a flat mid-life exit nets -$40.53/sh | roll rows are incremental, the banked premium stays yours 📊 Across 689 simulated challenges: the $1,180 strike is typically first touched on day 5 of 8, at $1,219 (overshoots $39.12). 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.
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 ✓ $1180 is at/above CC-SS $1044.68: 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 < $3.66/sh (~25% of the $14.65 collected) or spot ≥ $1,195.30 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,180)); NOT the premium you collected. Momentum override: two daily closes above $1,218.14 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.04 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $1044.68, where you are whole again, by expiry) Starting unrealized P&L: $-22,005 + Fortress recovery (un-capped): +$17,225 − CC assignment net of premium (5 × $1180): -$0 Total Position P&L @ SS: $-4,780 (+$17,225 vs today) Do-nothing baseline at SS: $16,905 (this trade vs do-nothing: $-21,685, the opportunity cost of earning $27,469/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 5 × $1135 | 17 Jul | 8d | 12.2% | 79% | 35% | $11,275 | $42,281 | — | $0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $1135 12.2% OTM over spot $1,011.62 17 Jul 2026 (8d, $23.23 mid) = $11,275 credit for the 8d cycle → $42,281/mo projected Survival (stays ≤ $1135) 79% Breach risk 21% POP (stays ≤ $1158.22) 83% EV / mo +$13,862 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.0-0.4] median · 95% of paths whole by 9 mo (vs 100% without) · ~0.9 challenges expected · median CC cash $-25 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 35% Flat exit net (mid-life) -$15,262 Free roll-up +$8/wk Safest escape (by 24 Jul 2026) $1,253 @ 79% POP 75% 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 4 of 8); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $75.02/sh now → $53.07 mid-life (likely $56.09–$87.33) → ≈ $0 at expiry | you banked $22.55/sh, so a flat mid-life exit nets -$30.52/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,054 simulated challenges: the $1,135 strike is typically first touched on day 4 of 8, at $1,172 (overshoots $36.95). 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.
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 ✓ $1135 is at/above CC-SS $1044.68: 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 < $5.64/sh (~25% of the $22.55 collected) or spot ≥ $1,158.22 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,135)); NOT the premium you collected. Momentum override: two daily closes above $1,218.14 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.04 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $1044.68, where you are whole again, by expiry) Starting unrealized P&L: $-22,005 + Fortress recovery (un-capped): +$17,225 − CC assignment net of premium (5 × $1135): -$0 Total Position P&L @ SS: $-4,780 (+$17,225 vs today) Do-nothing baseline at SS: $16,905 (this trade vs do-nothing: $-21,685, the opportunity cost of earning $42,281/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 5 × $1055 | 17 Jul | 8d | 4.3% | 63% | 77% | $21,825 | $81,844 | +$39,562 | $0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $1055 4.3% OTM over spot $1,011.62 17 Jul 2026 (8d, $45.83 mid) = $21,825 credit for the 8d cycle → $81,844/mo projected Survival (stays ≤ $1055) 63% Breach risk 37% POP (stays ≤ $1100.83) 73% EV / mo +$13,805 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.0-0.3] median · 95% of paths whole by 9 mo (vs 100% without) · ~2.6 challenges expected · median CC cash $21,800 🛡 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) 61% Flat exit net (mid-life) -$2,841 Free roll-up +$20/wk Safest escape (by 24 Jul 2026) $1,293 @ 90% POP 90% 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 4 of 8); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $69.73/sh now → $49.33 mid-life (likely $64.71–$90.07) → ≈ $0 at expiry | you banked $43.65/sh, so a flat mid-life exit nets -$5.68/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,824 simulated challenges: the $1,055 strike is typically first touched on day 3 of 8, at $1,091 (overshoots $36.29). 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.
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 ✓ $1055 is at/above CC-SS $1044.68: 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 < $10.91/sh (~25% of the $43.65 collected) or spot ≥ $1,100.83 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,055)); NOT the premium you collected. Momentum override: two daily closes above $1,218.14 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.04 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $1044.68, where you are whole again, by expiry) Starting unrealized P&L: $-22,005 + Fortress recovery (un-capped): +$17,225 − CC assignment net of premium (5 × $1055): -$0 Total Position P&L @ SS: $-4,780 (+$17,225 vs today) Do-nothing baseline at SS: $16,905 (this trade vs do-nothing: $-21,685, the opportunity cost of earning $81,844/mo FIGHT income now) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (6 expiries scanned, 150 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: 1.042 (IBKR) | Recovery@SS: +$17,225 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $16,905
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1100 | 4d | 13 Jul 2026 | $11.00 | 5/5 | $41,250 | $40,489 | 82% | 85% | +$15,378 | -$0 | 0.0% | $720 (vs do-nothing $-16,185) |
| $1095 | 4d | 13 Jul 2026 | $11.70 | 5/5 | $43,875 | $43,114 | 81% | 84% | +$15,345 | -$0 | 0.0% | $1,070 (vs do-nothing $-15,835) |
| $1090 | 4d | 13 Jul 2026 | $12.60 | 5/5 | $47,250 | $46,489 | 80% | 83% | +$15,807 | -$0 | 0.0% | $1,520 (vs do-nothing $-15,385) |
| $1135 | 8d | 17 Jul 2026 | $22.55 | 5/5 | $42,281 | $41,521 | 79% | 83% | +$13,862 | -$0 | 0.0% | $6,495 (vs do-nothing $-10,410) |
| $1130 | 8d | 17 Jul 2026 | $23.55 | 5/5 | $44,156 | $43,396 | 78% | 82% | +$14,033 | -$0 | 0.0% | $6,995 (vs do-nothing $-9,910) |
| $1085 | 4d | 13 Jul 2026 | $13.10 | 5/5 | $49,125 | $48,364 | 78% | 82% | +$14,498 | -$0 | 0.0% | $1,770 (vs do-nothing $-15,135) |
| $1125 | 8d | 17 Jul 2026 | $24.80 | 5/5 | $46,500 | $45,739 | 78% | 82% | +$14,584 | -$0 | 0.0% | $7,620 (vs do-nothing $-9,285) |
| $1105 | 6d | 15 Jul 2026 | $17.05 | 5/5 | $42,625 | $41,864 | 77% | 81% | +$7,582 | -$0 | 0.0% | $3,745 (vs do-nothing $-13,160) |
| $1080 | 4d | 13 Jul 2026 | $14.75 | 4/5 | $44,250 | $59,321 | 77% | 81% | +$13,767 | -$0 | 0.0% | $5,457 (vs do-nothing $-11,448) |
| $1120 | 8d | 17 Jul 2026 | $25.85 | 5/5 | $48,469 | $47,708 | 77% | 81% | +$14,669 | -$0 | 0.0% | $8,145 (vs do-nothing $-8,760) |
| $1115 | 8d | 17 Jul 2026 | $27.00 | 4/5 | $40,500 | $55,571 | 76% | 81% | +$14,086 | -$0 | 0.0% | $10,357 (vs do-nothing $-6,548) |
| $1100 | 6d | 15 Jul 2026 | $19.40 | 5/5 | $48,500 | $47,739 | 76% | 81% | +$10,891 | -$0 | 0.0% | $4,920 (vs do-nothing $-11,985) |
| $1110 | 8d | 17 Jul 2026 | $28.35 | 4/5 | $42,525 | $57,596 | 75% | 81% | +$14,532 | -$0 | 0.0% | $10,897 (vs do-nothing $-6,008) |
Showing the 60 next-safest rows of 137.
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1075 | 4d | 13 Jul 2026 | $15.55 | 4/5 | $46,650 | $61,721 | 75% | 80% | +$13,137 | -$0 | 0.0% | $5,777 (vs do-nothing $-11,128) |
| $1095 | 6d | 15 Jul 2026 | $18.90 | 5/5 | $47,250 | $46,489 | 75% | 80% | +$6,921 | -$0 | 0.0% | $4,670 (vs do-nothing $-12,235) |
| $1105 | 8d | 17 Jul 2026 | $29.65 | 4/5 | $44,475 | $59,546 | 75% | 80% | +$14,826 | -$0 | 0.0% | $11,417 (vs do-nothing $-5,488) |
| $1090 | 6d | 15 Jul 2026 | $19.95 | 5/5 | $49,875 | $49,114 | 74% | 79% | +$6,666 | -$0 | 0.0% | $5,195 (vs do-nothing $-11,710) |
| $1070 | 4d | 13 Jul 2026 | $17.00 | 4/5 | $51,000 | $66,071 | 74% | 79% | +$14,192 | -$0 | 0.0% | $6,357 (vs do-nothing $-10,548) |
| $1100 | 8d | 17 Jul 2026 | $31.00 | 4/5 | $46,500 | $61,571 | 74% | 79% | +$15,116 | -$0 | 0.0% | $11,957 (vs do-nothing $-4,948) |
| $1110 | 11d | 20 Jul 2026 | $30.50 | 5/5 | $41,591 | $40,830 | 74% | 79% | +$8,359 | -$0 | 0.0% | $10,470 (vs do-nothing $-6,435) |
| $1085 | 6d | 15 Jul 2026 | $23.25 | 4/5 | $46,500 | $61,571 | 73% | 78% | +$9,497 | -$0 | 0.0% | $8,857 (vs do-nothing $-8,048) |
| $1105 | 11d | 20 Jul 2026 | $31.90 | 5/5 | $43,500 | $42,739 | 73% | 78% | +$8,604 | -$0 | 0.0% | $11,170 (vs do-nothing $-5,735) |
| $1095 | 8d | 17 Jul 2026 | $32.30 | 4/5 | $48,450 | $63,521 | 73% | 79% | +$15,249 | -$0 | 0.0% | $12,477 (vs do-nothing $-4,428) |
| $1110 | 13d | 22 Jul 2026 | $35.70 | 5/5 | $41,192 | $40,432 | 72% | 78% | +$7,252 | -$0 | 0.0% | $13,070 (vs do-nothing $-3,835) |
| $1065 | 4d | 13 Jul 2026 | $18.60 | 3/5 | $41,850 | $72,753 | 72% | 78% | +$11,562 | -$0 | 0.0% | $9,474 (vs do-nothing $-7,431) |
| $1100 | 11d | 20 Jul 2026 | $33.40 | 5/5 | $45,545 | $44,785 | 72% | 78% | +$8,917 | -$0 | 0.0% | $11,920 (vs do-nothing $-4,985) |
| $1115 | 15d | 24 Jul 2026 | $41.80 | 5/5 | $41,800 | $41,039 | 72% | 78% | +$8,002 | -$0 | 0.0% | $16,120 (vs do-nothing $-785) |
| $1090 | 8d | 17 Jul 2026 | $33.80 | 4/5 | $50,700 | $65,771 | 72% | 78% | +$15,598 | -$0 | 0.0% | $13,077 (vs do-nothing $-3,828) |
| $1080 | 6d | 15 Jul 2026 | $24.25 | 4/5 | $48,500 | $63,571 | 71% | 77% | +$8,925 | -$0 | 0.0% | $9,257 (vs do-nothing $-7,648) |
| $1105 | 13d | 22 Jul 2026 | $37.25 | 5/5 | $42,981 | $42,220 | 71% | 78% | +$7,560 | -$0 | 0.0% | $13,845 (vs do-nothing $-3,060) |
| $1110 | 15d | 24 Jul 2026 | $43.95 | 5/5 | $43,950 | $43,189 | 71% | 78% | +$8,807 | -$0 | 0.0% | $17,195 (vs do-nothing +$290) |
| $1095 | 11d | 20 Jul 2026 | $34.85 | 5/5 | $47,523 | $46,762 | 71% | 77% | +$9,093 | -$0 | 0.0% | $12,645 (vs do-nothing $-4,260) |
| $1100 | 13d | 22 Jul 2026 | $39.75 | 5/5 | $45,865 | $45,105 | 71% | 77% | +$8,910 | -$0 | 0.0% | $15,095 (vs do-nothing $-1,810) |
| $1060 | 4d | 13 Jul 2026 | $20.35 | 3/5 | $45,788 | $76,691 | 70% | 77% | +$12,596 | -$0 | 0.0% | $9,999 (vs do-nothing $-6,906) |
| $1075 | 6d | 15 Jul 2026 | $25.90 | 4/5 | $51,800 | $66,871 | 70% | 77% | +$9,537 | -$0 | 0.0% | $9,917 (vs do-nothing $-6,988) |
| $1105 | 15d | 24 Jul 2026 | $45.00 | 5/5 | $45,000 | $44,239 | 70% | 77% | +$8,467 | -$0 | 0.0% | $17,720 (vs do-nothing +$815) |
| $1085 | 8d | 17 Jul 2026 | $35.30 | 4/5 | $52,950 | $68,021 | 70% | 77% | +$13,095 | -$0 | 0.0% | $13,677 (vs do-nothing $-3,228) |
| $1090 | 11d | 20 Jul 2026 | $35.95 | 5/5 | $49,023 | $48,262 | 70% | 77% | +$8,719 | -$0 | 0.0% | $13,195 (vs do-nothing $-3,710) |
| $1095 | 13d | 22 Jul 2026 | $40.80 | 5/5 | $47,077 | $46,316 | 70% | 77% | +$8,532 | -$0 | 0.0% | $15,620 (vs do-nothing $-1,285) |
| $1100 | 15d | 24 Jul 2026 | $47.35 | 5/5 | $47,350 | $46,589 | 69% | 76% | +$9,380 | -$0 | 0.0% | $18,895 (vs do-nothing +$1,990) |
| $1070 | 6d | 15 Jul 2026 | $28.15 | 3/5 | $42,225 | $73,128 | 69% | 76% | +$8,402 | -$0 | 0.0% | $12,339 (vs do-nothing $-4,566) |
| $1080 | 8d | 17 Jul 2026 | $36.85 | 3/5 | $41,456 | $72,359 | 69% | 76% | +$9,927 | -$0 | 0.0% | $14,949 (vs do-nothing $-1,956) |
| $1085 | 11d | 20 Jul 2026 | $37.85 | 4/5 | $41,291 | $56,362 | 69% | 76% | +$7,490 | -$0 | 0.0% | $14,697 (vs do-nothing $-2,208) |
| $1090 | 13d | 22 Jul 2026 | $42.40 | 5/5 | $48,923 | $48,163 | 69% | 76% | +$8,731 | -$0 | 0.0% | $16,420 (vs do-nothing $-485) |
| $1055 | 4d | 13 Jul 2026 | $21.55 | 3/5 | $48,488 | $79,391 | 69% | 76% | +$12,160 | -$0 | 0.0% | $10,359 (vs do-nothing $-6,546) |
| $1095 | 15d | 24 Jul 2026 | $48.85 | 5/5 | $48,850 | $48,089 | 69% | 76% | +$9,397 | -$0 | 0.0% | $19,645 (vs do-nothing +$2,740) |
| $1080 | 11d | 20 Jul 2026 | $39.05 | 4/5 | $42,600 | $57,671 | 68% | 76% | +$7,181 | -$0 | 0.0% | $15,177 (vs do-nothing $-1,728) |
| $1085 | 13d | 22 Jul 2026 | $44.50 | 4/5 | $41,077 | $56,148 | 68% | 76% | +$7,559 | -$0 | 0.0% | $17,357 (vs do-nothing +$452) |
| $1075 | 8d | 17 Jul 2026 | $38.45 | 3/5 | $43,256 | $74,159 | 68% | 76% | +$10,017 | -$0 | 0.0% | $15,429 (vs do-nothing $-1,476) |
| $1090 | 15d | 24 Jul 2026 | $49.80 | 5/5 | $49,800 | $49,039 | 68% | 76% | +$8,816 | -$0 | 0.0% | $20,120 (vs do-nothing +$3,215) |
| $1065 | 6d | 15 Jul 2026 | $29.50 | 3/5 | $44,250 | $75,153 | 68% | 75% | +$8,167 | -$0 | 0.0% | $12,744 (vs do-nothing $-4,161) |
| $1080 | 13d | 22 Jul 2026 | $46.25 | 4/5 | $42,692 | $57,764 | 67% | 75% | +$7,763 | -$0 | 0.0% | $18,057 (vs do-nothing +$1,152) |
| $1085 | 15d | 24 Jul 2026 | $51.50 | 4/5 | $41,200 | $56,271 | 67% | 75% | +$7,148 | -$0 | 0.0% | $20,157 (vs do-nothing +$3,252) |
| $1075 | 11d | 20 Jul 2026 | $40.20 | 4/5 | $43,855 | $58,926 | 67% | 75% | +$6,757 | -$0 | 0.0% | $15,637 (vs do-nothing $-1,268) |
| $1050 | 4d | 13 Jul 2026 | $23.30 | 3/5 | $52,425 | $83,328 | 67% | 75% | +$12,718 | -$0 | 0.0% | $10,884 (vs do-nothing $-6,021) |
| $1070 | 8d | 17 Jul 2026 | $40.25 | 3/5 | $45,281 | $76,184 | 67% | 75% | +$10,260 | -$0 | 0.0% | $15,969 (vs do-nothing $-936) |
| $1060 | 6d | 15 Jul 2026 | $30.95 | 3/5 | $46,425 | $77,328 | 66% | 74% | +$7,966 | -$0 | 0.0% | $13,179 (vs do-nothing $-3,726) |
| $1080 | 15d | 24 Jul 2026 | $53.00 | 4/5 | $42,400 | $57,471 | 66% | 75% | +$7,045 | -$0 | 0.0% | $20,757 (vs do-nothing +$3,852) |
| $1075 | 13d | 22 Jul 2026 | $47.45 | 4/5 | $43,800 | $58,871 | 66% | 75% | +$7,410 | -$0 | 0.0% | $18,537 (vs do-nothing +$1,632) |
| $1070 | 11d | 20 Jul 2026 | $42.85 | 4/5 | $46,745 | $61,817 | 66% | 75% | +$7,905 | -$0 | 0.0% | $16,697 (vs do-nothing $-208) |
| $1065 | 8d | 17 Jul 2026 | $41.15 | 3/5 | $46,294 | $77,197 | 66% | 75% | +$9,415 | -$0 | 0.0% | $16,239 (vs do-nothing $-666) |
| $1075 | 15d | 24 Jul 2026 | $54.75 | 4/5 | $43,800 | $58,871 | 65% | 74% | +$7,100 | -$0 | 0.0% | $21,457 (vs do-nothing +$4,552) |
| $1070 | 13d | 22 Jul 2026 | $48.85 | 4/5 | $45,092 | $60,164 | 65% | 74% | +$7,192 | -$0 | 0.0% | $19,097 (vs do-nothing +$2,192) |
| $1045 | 4d | 13 Jul 2026 | $25.00 | 3/5 | $56,250 | $87,153 | 65% | 74% | +$12,910 | -$0 | 0.0% | $11,394 (vs do-nothing $-5,511) |
| $1055 | 6d | 15 Jul 2026 | $33.05 | 3/5 | $49,575 | $80,478 | 65% | 74% | +$8,613 | -$0 | 0.0% | $13,809 (vs do-nothing $-3,096) |
| $1065 | 11d | 20 Jul 2026 | $43.70 | 4/5 | $47,673 | $62,744 | 65% | 74% | +$7,026 | -$0 | 0.0% | $17,037 (vs do-nothing +$132) |
| $1060 | 8d | 17 Jul 2026 | $42.50 | 3/5 | $47,812 | $78,716 | 65% | 74% | +$9,000 | -$0 | 0.0% | $16,644 (vs do-nothing $-261) |
| $1070 | 15d | 24 Jul 2026 | $56.65 | 4/5 | $45,320 | $60,391 | 65% | 74% | +$7,235 | -$0 | 0.0% | $22,217 (vs do-nothing +$5,312) |
| $1065 | 13d | 22 Jul 2026 | $51.05 | 4/5 | $47,123 | $62,194 | 64% | 74% | +$7,662 | -$0 | 0.0% | $19,977 (vs do-nothing +$3,072) |
| $1060 | 11d | 20 Jul 2026 | $45.55 | 4/5 | $49,691 | $64,762 | 64% | 73% | +$7,173 | -$0 | 0.0% | $17,777 (vs do-nothing +$872) |
| $1065 | 15d | 24 Jul 2026 | $59.15 | 4/5 | $47,320 | $62,391 | 64% | 73% | +$7,808 | -$0 | 0.0% | $23,217 (vs do-nothing +$6,312) |
| $1050 | 6d | 15 Jul 2026 | $35.00 | 3/5 | $52,500 | $83,403 | 64% | 73% | +$8,914 | -$0 | 0.0% | $14,394 (vs do-nothing $-2,511) |
| $1055 | 8d | 17 Jul 2026 | $43.65 | 3/5 | $49,106 | $80,009 | 63% | 73% | +$8,283 | -$0 | 0.0% | $16,989 (vs do-nothing +$84) |
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.