FORTRESS FIGHT: MU-LC880 @ $968.92

BE SS: $1028.60  |  CC-SS: $1034.54  |  5 contracts (500 sh)  |  2026-07-10 22:04 |  ⌂ PORTFOLIO

MU-LC880 @ $968.92   UNDERWATER $59.68 (5.8% below BE SS)

5 contracts (500 sh)  |  BE SS: $1028.60  |  CC-SS: $1034.54  |  IV: HIGH  |  Accounts: Main:1299

LC: $880 exp 2028-01-21 (entry $530.281/sh)
SP: $1010 exp 2028-01-21 (entry $385.075/sh)
HP: $320 exp 2026-09-18 (entry $3.425/sh)

Economics

Max Loss$419,300(ND $148.60 + SW $690) x 500
Normal income ref$79,125/mo95% ann ROI on ML
Hedge rolling cost$609/mo
Unrealized P&L$-43,092fortress legs from IBKR
INCOME GOALPOSTS & VELOCITY
50% INCOME FLOOR
$39,562/mo
HEDGE COVER
$609/mo
NORMAL INCOME
$79,125/mo (ATM CC, chain)
IC VELOCITY
0.9 mo to earn back $74,300
ML VELOCITY
5.3 mo to earn back $419,300
NOT a deep drawdown: a CC at CC-SS $1034.54 (probe: $1035C 14d) still earns $50,036/mo (63% of normal). Sell the normal CC at/above CC-SS; a FIGHT CC below it is not needed here.
🏦 CAMPAIGN LEDGER , realized CC income since 2026-07-02; banked cash shrinks the hole, so CC-SS ratchets down (seeded from open positions, reconciled from IBKR executions nightly)
Banked since 2026-07-02
$9,776
Hole (after banked)
$33,316
was $43,092 · 23% earned back
Cycles closed
2
Credit in flight
$0
CC-SS ratchet
$1,051.47 → $1,034.54
TECHNICALS (cc_timing weekly gate + daily trigger)
WEEKLYEXTENDED · %B 77 (live) · RSI 68 · MACD bullish, hist falling
DAILYMIXED (provisional) · RSI 48 · %B 26 · hist rising (nightly)
LEVELSUpper BB (CC ceiling) $1,219.06 (+26%) · daily UBB $1,220.43 · 1-wk expected move ±$132 (chain IV)
SETUPStretched, momentum unclear: 🎯 / 💎. (advisory; floors and picks are chain-only)
⚠ Next earnings 2026-09-24: candidates whose expiry crosses it are flagged in the spectrum; EV is unreliable across earnings.
INTERPRETATION
Primary: 5 contracts at $1070 / 7d. This is the safest strike (survival 79%, breach 21%) that still earns 50% of normal income ($39,562/mo); it brings $40,821/mo. The engine maximizes the odds the pullback never reaches your strike, rather than chasing the fattest near-ATM premium.
More income, less safety: the ladder tops out at 5 × $1005/7d for $79,821/mo, but breach risk rises to 37% (+16pp vs the primary). The lower strike is hit by a smaller bounce.
More safety, less income: for just the hedge you can sit at 1 × $1275/7d (97% survival, $733/mo).
Downside anchor: the primary mortgages $0 (0% of IC) ONLY on a full V-bounce all the way to SS $1029, recoverable in 0.0 months of normal income. That is the rare tail; the frequent case is the strike holding. Surgical close on the 5 contracts realizes $-43,680 and cuts bleed by $609/mo.

📅 Two weekly tracks, this Friday & next Friday

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.

🏆 Grand pick: NEXT FRIDAY · 17 Jul 2026 (7d) · sell 5 × $1070, 79% survival, $40,821/mo (E[net] $8,806/mo).
This week's Friday is inside the pin/gamma window, so only the next weekly is shown.
TrackExpirySellSurvivalIncome/moE[net]/mo
NEXT FRIDAY 🏆17 Jul 2026 · 7d5 × $107079%$40,821$8,806

📅 NEXT FRIDAY · 17 Jul 2026 · 7d · E[net] $8,806/mo 🏆 GRAND PICK

🎯 Engine pick: sell 5 × $1070 (primary), 79% survival, breach 21%, $40,821/mo.
⚖️ Worth a safer step: the $1110 rung (33% normal) lifts survival to 85% (breach 21% → 15%) for $14,679/mo less (36% income), and it still covers your hedge. The pick sits below the ~80% (≈1σ) comfort line; on a drawdown you are nursing back, dodging the frequent breach usually beats the extra premium. Lean: the safer $1110 rung, unless you need the income to cover the hedge bleed, or you expect MU to stay flat-to-down near term.
MU  spot $968.92 · click a rung to expand its decision panel
RungSellExpiryDTEOTMSurvivalTouch oddsPer cycleIncome/moΔ vs pickCap give-up
cover hedge1 × $127517 Jul7d31.6%97%5%$171$733-$40,089$0
Sell 1 × $1275 31.6% OTM over spot $968.92 17 Jul 2026 (7d, $2.30 mid)
= $171 credit for the 7d cycle → $733/mo projected
Survival (stays ≤ $1275)
97%
Breach risk
3%
POP (stays ≤ $1277.31)
98%
EV / mo
+$454
📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo)   whole in 0.2 mo [0.1-0.7] median  ·  97% of paths whole by 9 mo (vs 99% without)  ·  ~0.1 challenges expected  ·  median CC cash $7,822
🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it)
Challenge odds (touch by expiry)
2%
Flat exit net (mid-life)
-$5,050
Free roll-up
+$3/wk
Safest escape (by 31 Jul 2026)
$1,381 @ 76% POP
70% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 1 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic
Buyback gross: $73.80/sh now → $52.21 mid-life (likely $37.41–$65.87)≈ $0 at expiry  |  you banked $1.71/sh, so a flat mid-life exit nets -$50.50/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 68 simulated challenges: the $1,275 strike is typically first touched on day 6 of 7, at $1,311 (overshoots $36.48). 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.
MoveNew strike ≈New expiryTenorEst netTotal (1 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)~$1,34131 Jul 202618d left+$13.73/sh+$1,373
cycle +$1,544
[+$1,315…+$2,838] · 90% credit
73%
surv 64%
+$41,527 SAFE
cap gain +$84,619
Roll out (same strike, buy time)~$1,27520 Jul 20266d left+$0.91/sh+$91
cycle +$262
[+$268…+$1,258] · 84% credit
67%
surv 52%
+$32,183 SAFE
cap gain +$75,276
Up-and-out for even (raise the cap, free)~$1,27620 Jul 20266d left+$0.40/sh+$40
cycle +$211
[+$200…+$1,200] · 84% credit
67%
surv 52%
+$32,264 SAFE
cap gain +$75,356
Max even-money escape in the band~$1,38131 Jul 202618d left+$1.85/sh+$185
cycle +$356
[-$53…+$1,582] · 71% credit
76%
surv 70%
+$45,219 SAFE
cap gain +$88,311
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike.
POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP.
Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.
More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stress
Income coverage
Gross FIGHT income$733/mo
vs 50% target ($39,562/mo)-98%
vs normal income ($79,125/mo)1% covered
Net income (after hedge)$39,844/mo
Downside budget
✓ $1275 is at/above CC-SS $1034.54: assignment is break-even or better.
Cap give-up @ CC-SS (V-bounce)-$0
… as % of IC ($74,300)0.0%
… as % of ML ($419,300)0.0%
Recovery months (at normal income)0.0 mo
Surgical close (1 ct)$-8,678
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $0.43/sh (~25% of the $1.71 collected) or spot ≥ $1,277.31 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,275)); NOT the premium you collected. Momentum override: two daily closes above $1,220.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $1,262.25Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$1,262-1,277.31
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $1,277.31
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 1.04 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$1,275.00 (2.3σ)$171$32,092+$75,185+$21,361
+2.5%$1,306.88 (2.6σ)$-3,016$32,794+$75,886+$21,361
+5%$1,338.75 (2.8σ)$-6,204$33,495+$76,587+$21,361
V-BOUNCE STRESS (stock → CC-SS $1034.54, where you are whole again, by expiry)
Starting unrealized P&L: $-43,092
+ Fortress recovery (un-capped): +$34,255
− CC assignment net of premium (1 × $1275): -$0
+ Conservative CC premium (4 × $1030): +$11,423
Total Position P&L @ SS: $2,586 (+$45,678 vs today)
Do-nothing baseline at SS: $5,441 (this trade vs do-nothing: $-2,856, the opportunity cost of earning $733/mo FIGHT income now)
🛡 safe yield5 × $115017 Jul7d18.7%90%20%$4,000$17,143-$23,679$0
Sell 5 × $1150 18.7% OTM over spot $968.92 17 Jul 2026 (7d, $8.32 mid)
= $4,000 credit for the 7d cycle → $17,143/mo projected
Survival (stays ≤ $1150)
90%
Breach risk
10%
POP (stays ≤ $1158.33)
91%
EV / mo
+$8,405
📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo)   whole in 0.2 mo [0.1-0.5] median  ·  91% of paths whole by 9 mo (vs 99% without)  ·  ~0.7 challenges expected  ·  median CC cash $3,777
🛡 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)
-$19,545
Free roll-up
+$14/wk
Safest escape (by 31 Jul 2026)
$1,291 @ 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 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic
Buyback gross: $66.57/sh now → $47.09 mid-life (likely $41.00–$72.19)≈ $0 at expiry  |  you banked $8.00/sh, so a flat mid-life exit nets -$39.09/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 399 simulated challenges: the $1,150 strike is typically first touched on day 5 of 7, at $1,185 (overshoots $34.69). 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.
MoveNew strike ≈New expiryTenorEst netTotal (5 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)~$1,21631 Jul 202618d left+$15.10/sh+$7,550
cycle +$11,550
[+$3,565…+$11,357] · 88% credit
73%
surv 65%
+$97,475 SAFE
cap gain +$140,567
Roll out (same strike, buy time)~$1,15020 Jul 20266d left+$3.85/sh+$1,927
cycle +$5,927
[+$451…+$5,626] · 79% credit
67%
surv 52%
+$57,358 SAFE
cap gain +$100,451
Up-and-out for even (raise the cap, free)~$1,15620 Jul 20266d left+$0.70/sh+$352
cycle +$4,352
[-$1,517…+$3,680] · 57% credit
68%
surv 54%
+$58,957 SAFE
cap gain +$102,050
Max even-money escape in the band~$1,26631 Jul 202618d left+$0.40/sh+$202
cycle +$4,202
[-$5,389…+$3,513] · 46% credit
78%
surv 72%
+$116,227 SAFE
cap gain +$159,319
Safety roll (pay small debit, max POP)~$1,29131 Jul 202618d left-$7.29/sh-$3,645
cycle +$355
[-$10,238…-$569] · 23% credit
79%
surv 75%
+$125,430 SAFE
cap gain +$168,523
budget: banked $4,000 debit $3,645 (91% used ≈ 0.9 wk of income) → whole cycle still +$355 cash · rolled 5 ct earn ≈ $33,167/mo while parked; 0 ct free to re-sell
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike.
POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP.
Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.
More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stress
Income coverage
Gross FIGHT income$17,143/mo
vs 50% target ($39,562/mo)-57%
vs normal income ($79,125/mo)22% covered
Net income (after hedge)$16,534/mo
Downside budget
✓ $1150 is at/above CC-SS $1034.54: assignment is break-even or better.
Cap give-up @ CC-SS (V-bounce)-$0
… as % of IC ($74,300)0.0%
… as % of ML ($419,300)0.0%
Recovery months (at normal income)0.0 mo
Surgical close (5 ct)$-43,255
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $2.00/sh (~25% of the $8.00 collected) or spot ≥ $1,158.33 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,150)); NOT the premium you collected. Momentum override: two daily closes above $1,220.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $1,138.50Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$1,138-1,158.33
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $1,158.33
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 1.04 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$1,150.00 (1.4σ)$4,000$55,431+$98,524+$47,450
+2.5%$1,178.75 (1.6σ)$-10,375$56,064+$99,156+$47,450
+5%$1,207.50 (1.8σ)$-24,750$56,696+$99,789+$47,450
V-BOUNCE STRESS (stock → CC-SS $1034.54, where you are whole again, by expiry)
Starting unrealized P&L: $-43,092
+ Fortress recovery (un-capped): +$34,255
− CC assignment net of premium (5 × $1150): -$0
Total Position P&L @ SS: $-8,837 (+$34,255 vs today)
Do-nothing baseline at SS: $5,441 (this trade vs do-nothing: $-14,278, the opportunity cost of earning $17,143/mo FIGHT income now)
33% normal ← lean5 × $111017 Jul7d14.6%85%30%$6,100$26,143-$14,679$0
Sell 5 × $1110 14.6% OTM over spot $968.92 17 Jul 2026 (7d, $12.77 mid)
= $6,100 credit for the 7d cycle → $26,143/mo projected
Survival (stays ≤ $1110)
85%
Breach risk
15%
POP (stays ≤ $1122.78)
87%
EV / mo
+$10,486
📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo)   whole in 0.2 mo [0.1-0.7] median  ·  87% of paths whole by 9 mo (vs 98% without)  ·  ~1.6 challenges expected  ·  median CC cash $6,019
🛡 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)
-$16,626
Free roll-up
+$14/wk
Safest escape (by 31 Jul 2026)
$1,276 @ 82% POP
78% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 5 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic
Buyback gross: $64.25/sh now → $45.45 mid-life (likely $42.52–$72.87)≈ $0 at expiry  |  you banked $12.20/sh, so a flat mid-life exit nets -$33.25/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 677 simulated challenges: the $1,110 strike is typically first touched on day 5 of 7, at $1,144 (overshoots $34.02). 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.
MoveNew strike ≈New expiryTenorEst netTotal (5 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)~$1,17631 Jul 202618d left+$15.32/sh+$7,660
cycle +$13,760
[+$2,967…+$10,673] · 87% credit
74%
surv 65%
+$78,805 SAFE
cap gain +$121,898
Roll out (same strike, buy time)~$1,11020 Jul 20266d left+$4.66/sh+$2,328
cycle +$8,428
[+$359…+$4,737] · 79% credit
67%
surv 52%
+$38,980 SAFE
cap gain +$82,072
Up-and-out for even (raise the cap, free)~$1,11620 Jul 20266d left+$1.52/sh+$760
cycle +$6,860
[-$1,571…+$3,014] · 51% credit
68%
surv 54%
+$40,585 SAFE
cap gain +$83,677
Max even-money escape in the band~$1,22631 Jul 202618d left+$0.75/sh+$373
cycle +$6,473
[-$5,898…+$2,846] · 36% credit
78%
surv 72%
+$97,618 SAFE
cap gain +$140,711
Safety roll (pay small debit, max POP)~$1,27631 Jul 202618d left-$12.15/sh-$6,073
cycle +$27
[-$14,138…-$4,369] · 11% credit
82%
surv 78%
+$117,272 SAFE
cap gain +$160,365
budget: banked $6,100 debit $6,073 (100% used ≈ 1.0 wk of income) → whole cycle still +$27 cash · rolled 5 ct earn ≈ $27,755/mo while parked; 0 ct free to re-sell
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike.
POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP.
Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.
More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stress
Income coverage
Gross FIGHT income$26,143/mo
vs 50% target ($39,562/mo)-34%
vs normal income ($79,125/mo)33% covered
Net income (after hedge)$25,534/mo
Downside budget
✓ $1110 is at/above CC-SS $1034.54: assignment is break-even or better.
Cap give-up @ CC-SS (V-bounce)-$0
… as % of IC ($74,300)0.0%
… as % of ML ($419,300)0.0%
Recovery months (at normal income)0.0 mo
Surgical close (5 ct)$-43,380
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $3.05/sh (~25% of the $12.20 collected) or spot ≥ $1,122.78 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,110)); NOT the premium you collected. Momentum override: two daily closes above $1,220.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $1,098.90Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$1,099-1,122.78
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $1,122.78
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 1.04 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$1,110.00 (1.1σ)$6,100$36,651+$79,744+$29,550
+2.5%$1,137.75 (1.3σ)$-7,775$37,262+$80,354+$29,550
+5%$1,165.50 (1.5σ)$-21,650$37,872+$80,965+$29,550
V-BOUNCE STRESS (stock → CC-SS $1034.54, where you are whole again, by expiry)
Starting unrealized P&L: $-43,092
+ Fortress recovery (un-capped): +$34,255
− CC assignment net of premium (5 × $1110): -$0
Total Position P&L @ SS: $-8,837 (+$34,255 vs today)
Do-nothing baseline at SS: $5,441 (this trade vs do-nothing: $-14,278, the opportunity cost of earning $26,143/mo FIGHT income now)
🎯 50% normal5 × $107017 Jul7d10.4%79%34%$9,525$40,821$0
Sell 5 × $1070 10.4% OTM over spot $968.92 17 Jul 2026 (7d, $20.23 mid)
= $9,525 credit for the 7d cycle → $40,821/mo projected
Survival (stays ≤ $1070)
79%
Breach risk
21%
POP (stays ≤ $1090.22)
82%
EV / mo
+$13,288
📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo)   whole in 0.2 mo [0.1-0.7] median  ·  92% of paths whole by 9 mo (vs 98% without)  ·  ~1.9 challenges expected  ·  median CC cash $9,484
🛡 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)
34%
Flat exit net (mid-life)
-$12,382
Free roll-up
+$14/wk
Safest escape (by 31 Jul 2026)
$1,281 @ 85% POP
83% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 5 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic
Buyback gross: $61.94/sh now → $43.81 mid-life (likely $47.26–$72.35)≈ $0 at expiry  |  you banked $19.05/sh, so a flat mid-life exit nets -$24.76/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 1,023 simulated challenges: the $1,070 strike is typically first touched on day 4 of 7, at $1,102 (overshoots $32.49). 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.
MoveNew strike ≈New expiryTenorEst netTotal (5 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)~$1,13631 Jul 202618d left+$15.44/sh+$7,718
cycle +$17,243
[+$2,382…+$8,337] · 88% credit
74%
surv 65%
+$61,408 SAFE
cap gain +$104,501
Roll out (same strike, buy time)~$1,07020 Jul 20266d left+$5.39/sh+$2,696
cycle +$12,221
[+$107…+$3,693] · 77% credit
67%
surv 52%
+$21,892 SAFE
cap gain +$64,985
Up-and-out for even (raise the cap, free)~$1,07620 Jul 20266d left+$2.27/sh+$1,134
cycle +$10,659
[-$1,764…+$1,747] · 44% credit
68%
surv 54%
+$23,504 SAFE
cap gain +$66,596
Max even-money escape in the band~$1,18631 Jul 202618d left+$0.99/sh+$497
cycle +$10,022
[-$6,277…+$332] · 26% credit
78%
surv 73%
+$80,287 SAFE
cap gain +$123,380
Safety roll (pay small debit, max POP)~$1,28131 Jul 202618d left-$18.93/sh-$9,464
cycle +$61
[-$18,954…-$10,531] · 1% credit
85%
surv 83%
+$119,916 SAFE
cap gain +$163,008
budget: banked $9,525 debit $9,464 (99% used ≈ 1.0 wk of income) → whole cycle still +$61 cash · rolled 5 ct earn ≈ $20,737/mo while parked; 0 ct free to re-sell
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike.
POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP.
Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.
More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stress
Income coverage
Gross FIGHT income$40,821/mo
vs 50% target ($39,562/mo)+3%
vs normal income ($79,125/mo)52% covered
Net income (after hedge)$40,213/mo
Downside budget
✓ $1070 is at/above CC-SS $1034.54: assignment is break-even or better.
Cap give-up @ CC-SS (V-bounce)-$0
… as % of IC ($74,300)0.0%
… as % of ML ($419,300)0.0%
Recovery months (at normal income)0.0 mo
Surgical close (5 ct)$-43,680
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $4.76/sh (~25% of the $19.05 collected) or spot ≥ $1,090.22 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,070)); NOT the premium you collected. Momentum override: two daily closes above $1,220.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $1,059.30Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$1,059-1,090.22
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $1,090.22
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 1.04 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$1,070.00 (≤1σ, normal week)$9,525$19,196+$62,289+$12,975
+2.5%$1,096.75 (≤1σ, normal week)$-3,850$19,785+$62,877+$12,975
+5%$1,123.50 (1.2σ)$-17,225$20,373+$63,466+$12,975
V-BOUNCE STRESS (stock → CC-SS $1034.54, where you are whole again, by expiry)
Starting unrealized P&L: $-43,092
+ Fortress recovery (un-capped): +$34,255
− CC assignment net of premium (5 × $1070): -$0
Total Position P&L @ SS: $-8,837 (+$34,255 vs today)
Do-nothing baseline at SS: $5,441 (this trade vs do-nothing: $-14,278, the opportunity cost of earning $40,821/mo FIGHT income now)
100% normal5 × $100517 Jul7d3.7%63%77%$18,625$79,821+$39,000$0
Sell 5 × $1005 3.7% OTM over spot $968.92 17 Jul 2026 (7d, $38.65 mid)
= $18,625 credit for the 7d cycle → $79,821/mo projected
Survival (stays ≤ $1005)
63%
Breach risk
37%
POP (stays ≤ $1043.65)
73%
EV / mo
+$15,781
📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo)   whole in 0.1 mo [0.0-0.3] median, 0.1 mo faster than no FIGHT (0.2 mo)  ·  94% of paths whole by 9 mo (vs 99% without)  ·  ~3.2 challenges expected  ·  median CC cash $18,584
🛡 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)
-$1,951
Free roll-up
+$26/wk
Safest escape (by 31 Jul 2026)
$1,286 @ 90% POP
89% survival
Roll menuyour doors if the call gets challenged; each row = buy back the 5 calls + sell the new ones, one order. Prices assume the central case (day 3 of 7); earlier = worse credits, later = better, through the strike = add intrinsic
Buyback gross: $58.18/sh now → $41.15 mid-life (likely $54.12–$77.52)≈ $0 at expiry  |  you banked $37.25/sh, so a flat mid-life exit nets -$3.90/sh  |  roll rows are incremental, the banked premium stays yours
📊 Across 1,840 simulated challenges: the $1,005 strike is typically first touched on day 3 of 7, at $1,038 (overshoots $32.88). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
MoveNew strike ≈New expiryTenorEst netTotal (5 ct)POP / surv
of new CC
If rolled & exited
total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)~$1,07131 Jul 202618d left+$15.40/sh+$7,701
cycle +$26,326
[+$488…+$4,980] · 78% credit
74%
surv 66%
+$36,561 SAFE
cap gain +$79,653
Roll out (same strike, buy time)~$1,00520 Jul 20266d left+$6.44/sh+$3,221
cycle +$21,846
[-$266…+$1,919] · 69% credit
67%
surv 52%
-$2,413 NOT
cap gain +$40,680
Up-and-out for even (raise the cap, free)~$1,01620 Jul 20266d left+$0.90/sh+$451
cycle +$19,076
[-$3,829…-$1,171] · 15% credit
69%
surv 56%
+$601 SAFE
cap gain +$43,693
Max even-money escape in the band~$1,12131 Jul 202618d left+$1.20/sh+$599
cycle +$19,224
[-$8,257…-$2,762] · 12% credit
79%
surv 73%
+$55,559 SAFE
cap gain +$98,652
reaches SS ✓
Safety roll (pay small debit, max POP)~$1,28631 Jul 202618d left-$26.71/sh-$13,353
cycle +$5,272
[-$27,140…-$18,189]
90%
surv 89%
+$127,737 SAFE
cap gain +$170,829
budget: banked $18,625 debit $13,353 (72% used ≈ 0.7 wk of income) → whole cycle still +$5,272 cash · rolled 5 ct earn ≈ $12,038/mo while parked; 0 ct free to re-sell · clears SS ✓
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike.
POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP.
Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 vol pt per +1% move (equity skew: vol eases as spot rises; buyback shift floored at 0). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.
More detail, income coverage, downside budget, tripwires, held-to-expiry ladder, V-bounce stress
Income coverage
Gross FIGHT income$79,821/mo
vs 50% target ($39,562/mo)+102%
vs normal income ($79,125/mo)101% covered
Net income (after hedge)$79,213/mo
Downside budget
✓ $1005 is at/above CC-SS $1034.54: assignment is break-even or better.
Cap give-up @ CC-SS (V-bounce)-$0
… as % of IC ($74,300)0.0%
… as % of ML ($419,300)0.0%
Recovery months (at normal income)0.0 mo
Surgical close (5 ct)$-43,792
Tripwiresprice and time left decide together; the matrix is the playbook
The one rule: roll when the short call's remaining TIME VALUE < $9.31/sh (~25% of the $37.25 collected) or spot ≥ $1,043.65 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,005)); NOT the premium you collected. Momentum override: two daily closes above $1,220.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
Spot \ Time≥ 4d left3d left≤ 2d (expiry)
Below $994.95Do nothing. Theta wins.Do nothing.Penny buyback at the close; re-sell next cycle.
Pressing the strike
$995-1,043.65
Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.★ Roll on strength NOW: cheap buyback, fat credits.Close or roll same day; pin risk at the strike.
Through breakeven
≥ $1,043.65
Act now: intrinsic compounds daily. Up-and-out or safety roll.Roll or close immediately; time value is gone.Close today, or be assigned.
If held to expiryexact, settlement = intrinsic  ·  fortress delta 1.04 (IBKR)
ScenarioSpotCC leg netPosition totalvs todayvs do-nothing
at strike$1,005.00 (≤1σ, normal week)$18,625$-5,634+$37,459+$2,075
+2.5%$1,030.12 (≤1σ, normal week)$6,062$-5,081+$38,012-$10,425
+5%$1,055.25 (≤1σ, normal week)$-6,500$-4,528+$38,564-$10,425
V-BOUNCE STRESS (stock → CC-SS $1034.54, where you are whole again, by expiry)
Starting unrealized P&L: $-43,092
+ Fortress recovery (un-capped): +$34,255
− CC assignment net of premium (5 × $1005): -$0
Total Position P&L @ SS: $-8,837 (+$34,255 vs today)
Do-nothing baseline at SS: $5,441 (this trade vs do-nothing: $-14,278, the opportunity cost of earning $79,821/mo FIGHT income now)
A nudge, not a rule: the engine maximizes income at acceptable safety; this weighs the income you would give up against the breach risk you would shed. Your hedge bleed and your read on MU are the tiebreakers.
⚔ FIGHT CC options · full candidate scan (142 clear the floor), click to expand

Every eligible strike x expiry in the 4-45 DTE band (6 expiries scanned, 142 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: 1.044 (IBKR)  |  Recovery@SS: +$34,255 (un-capped fortress gain if stock rallies to SS)  |  Do-nothing @ SS: $5,441

StrikeDTEExpiryBidSellIncome/moNet/moSurvivalPOP (mid)EV/moCap Give-up @ CC-SS%ICTotal P&L @ SS
$10555d15 Jul 2026$14.155/5$42,450$41,84180%84%+$16,414-$00.0%$-1,762 (vs do-nothing $-7,203)
$10505d15 Jul 2026$15.205/5$45,600$44,99179%83%+$17,060-$00.0%$-1,237 (vs do-nothing $-6,678)
$10707d17 Jul 2026$19.055/5$40,821$40,21379%82%+$13,288-$00.0%$688 (vs do-nothing $-4,753)
$10657d17 Jul 2026$20.255/5$43,393$42,78478%82%+$13,904-$00.0%$1,288 (vs do-nothing $-4,153)
$10455d15 Jul 2026$16.355/5$49,050$48,44178%82%+$17,794-$00.0%$-662 (vs do-nothing $-6,103)
$10607d17 Jul 2026$21.155/5$45,321$44,71377%81%+$13,755-$00.0%$1,738 (vs do-nothing $-3,703)
$10405d15 Jul 2026$17.254/5$41,400$50,72176%81%+$14,044-$00.0%$919 (vs do-nothing $-4,523)
$10557d17 Jul 2026$22.605/5$48,429$47,82076%80%+$14,657-$00.0%$2,463 (vs do-nothing $-2,978)
$10355d15 Jul 2026$18.504/5$44,400$53,72175%80%+$14,503-$00.0%$1,419 (vs do-nothing $-4,023)
$10507d17 Jul 2026$23.604/5$40,457$49,77974%80%+$11,569-$00.0%$3,459 (vs do-nothing $-1,983)
$10457d17 Jul 2026$25.004/5$42,857$52,17973%79%+$11,987-$00.0%$4,019 (vs do-nothing $-1,423)
$107014d24 Jul 2026$37.155/5$39,804$39,19573%79%+$9,705-$00.0%$9,738 (vs do-nothing +$4,297)
$105010d20 Jul 2026$27.255/5$40,875$40,26673%78%+$8,571-$00.0%$4,788 (vs do-nothing $-653)
Show 129 more candidates (lower strikes: more income, lower survival)

Showing the 60 next-safest rows of 129.

StrikeDTEExpiryBidSellIncome/moNet/moSurvivalPOP (mid)EV/moCap Give-up @ CC-SS%ICTotal P&L @ SS
$10305d15 Jul 2026$20.054/5$48,120$57,44172%78%+$10,007-$00.0%$221 (vs do-nothing $-5,220)
$10407d17 Jul 2026$26.354/5$45,171$54,49372%78%+$12,204-$00.0%$4,559 (vs do-nothing $-883)
$106514d24 Jul 2026$38.455/5$41,196$40,58872%78%+$9,737-$00.0%$10,388 (vs do-nothing +$4,947)
$105512d22 Jul 2026$32.905/5$41,125$40,51672%78%+$8,952-$00.0%$7,613 (vs do-nothing +$2,172)
$104510d20 Jul 2026$28.655/5$42,975$42,36672%78%+$8,770-$00.0%$5,488 (vs do-nothing +$47)
$106014d24 Jul 2026$39.855/5$42,696$42,08871%78%+$9,824-$00.0%$11,088 (vs do-nothing +$5,647)
$105012d22 Jul 2026$33.855/5$42,312$41,70471%77%+$8,524-$00.0%$8,088 (vs do-nothing +$2,647)
$10357d17 Jul 2026$27.704/5$47,486$56,80771%77%+$12,301-$00.0%$5,099 (vs do-nothing $-343)
$10255d15 Jul 2026$21.504/5$51,600$60,92171%77%+$10,384-$00.0%$-1,199 (vs do-nothing $-6,640)
$104010d20 Jul 2026$29.955/5$44,925$44,31670%77%+$8,720-$00.0%$6,138 (vs do-nothing +$697)
$105514d24 Jul 2026$40.705/5$43,607$42,99970%77%+$9,267-$00.0%$11,513 (vs do-nothing +$6,072)
$104512d22 Jul 2026$35.605/5$44,500$43,89170%77%+$9,021-$00.0%$8,963 (vs do-nothing +$3,522)
$10307d17 Jul 2026$29.154/5$49,971$59,29370%77%+$12,445-$00.0%$3,861 (vs do-nothing $-1,580)
$105014d24 Jul 2026$42.855/5$45,911$45,30270%77%+$10,049-$00.0%$12,588 (vs do-nothing +$7,147)
$103510d20 Jul 2026$32.155/5$48,225$47,61669%77%+$9,920-$00.0%$7,238 (vs do-nothing +$1,797)
$10205d15 Jul 2026$22.953/5$41,310$60,56169%76%+$7,924-$00.0%$-604 (vs do-nothing $-6,045)
$106021d31 Jul 2026$55.655/5$39,750$39,14169%77%+$8,942-$00.0%$18,988 (vs do-nothing +$13,547)
$104012d22 Jul 2026$36.905/5$46,125$45,51669%76%+$8,878-$00.0%$9,613 (vs do-nothing +$4,172)
$104514d24 Jul 2026$43.255/5$46,339$45,73169%76%+$8,899-$00.0%$12,788 (vs do-nothing +$7,347)
$10257d17 Jul 2026$31.053/5$39,921$59,17368%76%+$9,925-$00.0%$3,326 (vs do-nothing $-2,115)
$105521d31 Jul 2026$57.305/5$40,929$40,32068%76%+$9,056-$00.0%$19,813 (vs do-nothing +$14,372)
$103010d20 Jul 2026$33.104/5$39,720$49,04168%76%+$7,313-$00.0%$5,441 (vs do-nothing +$0)
$103512d22 Jul 2026$38.055/5$47,562$46,95468%76%+$8,469-$00.0%$10,188 (vs do-nothing +$4,747)
$104014d24 Jul 2026$46.055/5$49,339$48,73168%76%+$10,263-$00.0%$14,188 (vs do-nothing +$8,747)
$10155d15 Jul 2026$24.553/5$44,190$63,44168%75%+$8,177-$00.0%$-1,624 (vs do-nothing $-7,065)
$105021d31 Jul 2026$58.855/5$42,036$41,42768%76%+$9,066-$00.0%$20,588 (vs do-nothing +$15,147)
$102510d20 Jul 2026$34.554/5$41,460$50,78167%75%+$7,205-$00.0%$4,021 (vs do-nothing $-1,420)
$103012d22 Jul 2026$40.154/5$40,150$49,47167%75%+$7,332-$00.0%$8,261 (vs do-nothing +$2,820)
$104521d31 Jul 2026$59.055/5$42,179$41,57067%75%+$8,081-$00.0%$20,688 (vs do-nothing +$15,247)
$103514d24 Jul 2026$46.704/5$40,029$49,35067%75%+$7,413-$00.0%$12,699 (vs do-nothing +$7,257)
$104021d31 Jul 2026$60.755/5$43,393$42,78466%75%+$8,135-$00.0%$21,538 (vs do-nothing +$16,097)
$10105d15 Jul 2026$26.203/5$47,160$66,41166%74%+$8,363-$00.0%$-2,629 (vs do-nothing $-8,070)
$102512d22 Jul 2026$41.554/5$41,550$50,87166%75%+$7,122-$00.0%$6,821 (vs do-nothing +$1,380)
$103014d24 Jul 2026$48.604/5$41,657$50,97966%75%+$7,638-$00.0%$11,641 (vs do-nothing +$6,200)
$102010d20 Jul 2026$36.954/5$44,340$53,66166%74%+$8,149-$00.0%$2,981 (vs do-nothing $-2,460)
$10157d17 Jul 2026$34.203/5$43,971$63,22366%74%+$9,970-$00.0%$1,271 (vs do-nothing $-4,170)
$103521d31 Jul 2026$62.505/5$44,643$44,03465%75%+$8,191-$00.0%$22,413 (vs do-nothing +$16,972)
$10055d15 Jul 2026$28.003/5$50,400$69,65165%74%+$13,153-$4630.6%$-3,589 (vs do-nothing $-9,030)
$102514d24 Jul 2026$50.204/5$43,029$52,35065%74%+$7,558-$00.0%$10,281 (vs do-nothing +$4,840)
$102012d22 Jul 2026$43.404/5$43,400$52,72165%74%+$7,293-$00.0%$5,561 (vs do-nothing +$120)
$101510d20 Jul 2026$38.004/5$45,600$54,92165%74%+$7,383-$00.0%$1,401 (vs do-nothing $-4,040)
$103021d31 Jul 2026$64.305/5$45,929$45,32065%74%+$8,250-$00.0%$21,041 (vs do-nothing +$15,600)
$1022.5014d24 Jul 2026$51.204/5$43,886$53,20765%74%+$7,671-$00.0%$9,681 (vs do-nothing +$4,240)
$10107d17 Jul 2026$35.503/5$45,643$64,89465%74%+$9,484-$00.0%$161 (vs do-nothing $-5,280)
$102014d24 Jul 2026$52.904/5$45,343$54,66464%74%+$8,372-$00.0%$9,361 (vs do-nothing +$3,920)
$102521d31 Jul 2026$66.105/5$47,214$46,60664%74%+$8,275-$00.0%$19,441 (vs do-nothing +$14,000)
$101512d22 Jul 2026$45.304/5$45,300$54,62164%74%+$7,444-$00.0%$4,321 (vs do-nothing $-1,120)
$1017.5014d24 Jul 2026$53.004/5$45,429$54,75064%73%+$7,689-$00.0%$8,401 (vs do-nothing +$2,960)
$10005d15 Jul 2026$29.853/5$53,730$72,98164%73%+$13,383-$1,4081.9%$-4,534 (vs do-nothing $-9,975)
$101010d20 Jul 2026$40.104/5$48,120$57,44164%73%+$7,785-$00.0%$241 (vs do-nothing $-5,200)
$10057d17 Jul 2026$37.253/5$47,893$67,14463%73%+$9,468-$00.0%$-814 (vs do-nothing $-6,255)
$101514d24 Jul 2026$53.954/5$46,243$55,56463%73%+$7,721-$00.0%$7,781 (vs do-nothing +$2,340)
$102021d31 Jul 2026$68.455/5$48,893$48,28463%73%+$8,658-$00.0%$18,116 (vs do-nothing +$12,675)
$101012d22 Jul 2026$47.254/5$47,250$56,57163%73%+$7,574-$00.0%$3,101 (vs do-nothing $-2,340)
$1012.5014d24 Jul 2026$54.854/5$47,014$56,33663%73%+$7,698-$00.0%$7,141 (vs do-nothing +$1,700)
$101521d31 Jul 2026$70.304/5$40,171$49,49362%73%+$6,920-$00.0%$14,321 (vs do-nothing +$8,880)
$100510d20 Jul 2026$41.354/5$49,620$58,94162%73%+$7,075-$00.0%$-1,259 (vs do-nothing $-6,700)
$101014d24 Jul 2026$55.204/5$47,314$56,63662%73%+$7,191-$00.0%$6,281 (vs do-nothing +$840)
$100512d22 Jul 2026$49.304/5$49,300$58,62162%72%+$7,732-$00.0%$1,921 (vs do-nothing $-3,520)
$1007.5014d24 Jul 2026$56.754/5$48,643$57,96462%72%+$7,700-$00.0%$5,901 (vs do-nothing +$460)

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.

fortress_fight.py v6.1  |  2026-07-10 22:04