FORTRESS FIGHT: MU-LC880 @ $925.59

BE SS: $1028.60 | CC-SS: $1057.44 | 5 contracts (500 sh) | ⌂ PORTFOLIO

MU-LC880 @ $925.59 UNDERWATER $103.01 (10.0% below BE SS)

5 contracts (500 sh) | BE SS: $1028.60 | CC-SS: $1057.44 (banked floor $1,038.59) | 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	$70,457/mo	95% ann ROI on ML
Hedge rolling cost	$596/mo
Unrealized P&L	$-67,720	fortress legs from IBKR

INCOME GOALPOSTS & VELOCITY

50% INCOME FLOOR
$35,229/mo

HEDGE COVER
$596/mo

NORMAL INCOME
$70,457/mo (ATM CC, chain)

IC VELOCITY
1.1 mo to earn back $74,300

ML VELOCITY
6.0 mo to earn back $419,300

NOT a deep drawdown: a CC at CC-SS $1057.44 (probe: $1050C 14d) still earns $22,875/mo (32% 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 (shown as an info-only banked floor, the recommended CC-SS stays the pure recovery strike; seeded from open positions, reconciled from IBKR executions nightly)

Banked since 2026-07-02

$9,776

Hole (after banked)

$57,944

was $67,720 · 14% earned back

Cycles closed

Credit in flight

CC-SS · banked floor (info)

$1,057.44 → $1,038.59

TECHNICALS (cc_timing weekly gate + daily trigger)

WEEKLYNEUTRAL · %B 71 (live) · RSI 64 · MACD bullish, hist falling

DAILYMIXED (provisional) · RSI 46 · %B 16 · hist rising (nightly)

LEVELSUpper BB (CC ceiling) $1,242.07 (+34%) · daily UBB $1,226.50 · 1-wk expected move ±$125 (chain IV)

SETUPNo tilt: engine default. (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.

NOT a deep drawdown. A CC at/above CC-SS $1057.44 keeps this fortress whole if assigned, so there is no need to FIGHT below it. Three income options to consider, richer → safer, all at/above CC-SS. Click a card for its if-challenged roll menu.

🎯 Recommended · sell 5 × $1060 24 Jul 2026 (11d) · richest strike still ≥80% survivalroll menu if challenged ▾

Survival (stays ≤ $1060)

81%

Touch odds

40%

Per cycle

$10,000

Income / mo

$27,273

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 5 of 11); earlier = worse credits, later = better, through the strike = add intrinsic

Buyback gross: $76.00/sh now → $53.77 mid-life (likely $55.19–$83.27) → ≈ $0 at expiry | you banked $20.00/sh, so a flat mid-life exit nets -$33.77/sh | roll rows are incremental, the banked premium stays yours

📊 Across 944 simulated challenges: the $1,060 strike is typically first touched on day 6 of 11, at $1,092 (overshoots $32.17). 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.

Move	New strike ≈	New expiry	Tenor	Est net	Total (5 ct)	POP / surv of new CC
Reliable up-and-out (highest cap still free ≥60%)	~$1,084	31 Jul 2026	12d left	+$5.79/sh	+$2,895 cycle +$12,895 [-$838…+$3,849] · 63% credit	71% surv 59%
Roll out (same strike, buy time)	~$1,060	27 Jul 2026	8d left	+$1.31/sh	+$657 cycle +$10,657 [-$1,859…+$1,793] · 45% credit	67% surv 53%
Max even-money escape in the band	~$1,094	31 Jul 2026	12d left	+$1.81/sh	+$907 cycle +$10,907 [-$3,186…+$1,578] · 37% credit	72% surv 61%
Safety roll (pay small debit, max POP)	~$1,154	31 Jul 2026	12d left	-$19.46/sh	-$9,732 cycle +$268 [-$16,450…-$9,846] · 1% credit	78% surv 73%
budget: banked $10,000 debit $9,732 (97% used ≈ 1.6 wk of income) → whole cycle still +$268 cash · rolled 5 ct earn ≈ $42,887/mo while parked; 0 ct free to re-sell

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.

🛡 Safer · sell 5 × $1150 17 Jul 2026 (4d) · higher survival, lighter premiumroll menu if challenged ▾

Survival (stays ≤ $1150)

97%

Touch odds

Per cycle

$800

Income / mo

$6,000

Move	New strike ≈	New expiry	Tenor	Est net	Total (5 ct)	POP / surv of new CC
Reliable up-and-out (highest cap still free ≥60%)	~$1,204	31 Jul 2026	16d left	+$22.83/sh	+$11,415 cycle +$12,215 [+$10,553…+$15,995] · 96% credit	73% surv 63%
Roll out (same strike, buy time)	~$1,150	20 Jul 2026	5d left	+$5.01/sh	+$2,505 cycle +$3,305 [+$2,646…+$6,083] · 91% credit	66% surv 52%
Up-and-out for even (raise the cap, free)	~$1,159	20 Jul 2026	5d left	+$0.13/sh	+$65 cycle +$865 [-$300…+$3,264] · 69% credit	68% surv 55%
Max even-money escape in the band	~$1,274	31 Jul 2026	16d left	+$1.32/sh	+$658 cycle +$1,458 [-$2,320…+$4,677] · 63% credit	79% surv 74%

🛡 Safer · sell 5 × $1155 17 Jul 2026 (4d) · higher survival, lighter premiumroll menu if challenged ▾

Survival (stays ≤ $1155)

97%

Touch odds

Per cycle

$685

Income / mo

$5,138

Move	New strike ≈	New expiry	Tenor	Est net	Total (5 ct)	POP / surv of new CC
Reliable up-and-out (highest cap still free ≥60%)	~$1,209	31 Jul 2026	16d left	+$22.81/sh	+$11,406 cycle +$12,091 [+$8,864…+$15,778] · 94% credit	73% surv 63%
Roll out (same strike, buy time)	~$1,155	20 Jul 2026	5d left	+$4.92/sh	+$2,461 cycle +$3,146 [+$2,173…+$5,949] · 93% credit	66% surv 52%
Up-and-out for even (raise the cap, free)	~$1,164	20 Jul 2026	5d left	+$0.04/sh	+$19 cycle +$704 [-$1,247…+$3,258] · 65% credit	68% surv 55%
Max even-money escape in the band	~$1,279	31 Jul 2026	16d left	+$1.28/sh	+$638 cycle +$1,323 [-$4,969…+$4,832] · 58% credit	79% surv 74%

⚔ FIGHT CC options · full candidate scan (143 clear the floor), click to expand

Every eligible strike x expiry in the 4-45 DTE band (6 expiries scanned, 143 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: 1.048 (IBKR) | Recovery@SS: +$69,090 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $799

Strike	DTE	Expiry	Bid	Sell	Income/mo	Net/mo	Survival	POP (mid)	EV/mo	Cap Give-up @ CC-SS	%IC	Total P&L @ SS
$1030	4d	17 Jul 2026	$9.65	5/5	$36,188	$35,592	85%	87%	+$15,075	-$8,896	12.0%	$-7,526 (vs do-nothing $-8,325)
$1025	4d	17 Jul 2026	$10.25	5/5	$38,438	$37,842	84%	86%	+$15,141	-$11,096	14.9%	$-9,726 (vs do-nothing $-10,525)
$1015	4d	17 Jul 2026	$12.20	4/5	$36,600	$43,177	82%	84%	+$13,934	-$12,096	16.3%	$-10,841 (vs do-nothing $-11,640)
$1010	4d	17 Jul 2026	$13.15	4/5	$39,450	$46,027	80%	84%	+$14,471	-$13,716	18.5%	$-12,461 (vs do-nothing $-13,260)
$1005	4d	17 Jul 2026	$14.10	4/5	$42,300	$48,877	79%	83%	+$14,790	-$15,336	20.6%	$-14,081 (vs do-nothing $-14,880)
$1010	7d	20 Jul 2026	$16.60	5/5	$35,571	$34,976	77%	81%	+$9,273	-$15,421	20.8%	$-14,051 (vs do-nothing $-14,850)
$995	4d	17 Jul 2026	$16.50	3/5	$37,125	$50,875	76%	81%	+$12,164	-$13,782	18.5%	$-12,641 (vs do-nothing $-13,440)
$1030	11d	24 Jul 2026	$26.30	5/5	$35,864	$35,268	76%	81%	+$10,179	-$571	0.8%	$799 (vs do-nothing +$0)
$1005	7d	20 Jul 2026	$17.40	5/5	$37,286	$36,690	76%	81%	+$8,852	-$17,521	23.6%	$-16,151 (vs do-nothing $-16,950)
$1025	11d	24 Jul 2026	$27.40	5/5	$37,364	$36,768	75%	80%	+$10,216	-$2,521	3.4%	$-1,151 (vs do-nothing $-1,950)
$1000	7d	20 Jul 2026	$19.20	5/5	$41,143	$40,547	75%	80%	+$10,427	-$19,121	25.7%	$-17,751 (vs do-nothing $-18,550)
$990	4d	17 Jul 2026	$17.65	3/5	$39,712	$53,462	75%	80%	+$12,309	-$14,937	20.1%	$-13,796 (vs do-nothing $-14,595)
$1022.50	11d	24 Jul 2026	$28.25	5/5	$38,523	$37,927	75%	80%	+$10,616	-$3,346	4.5%	$-1,976 (vs do-nothing $-2,775)

Show 130 more candidates (lower strikes: more income, lower survival)

Showing the 60 next-safest rows of 130.

Strike	DTE	Expiry	Bid	Sell	Income/mo	Net/mo	Survival	POP (mid)	EV/mo	Cap Give-up @ CC-SS	%IC	Total P&L @ SS
$1020	11d	24 Jul 2026	$28.90	5/5	$39,409	$38,814	74%	80%	+$10,726	-$4,271	5.7%	$-2,901 (vs do-nothing $-3,700)
$1010	9d	22 Jul 2026	$21.85	5/5	$36,417	$35,821	74%	79%	+$4,824	-$12,796	17.2%	$-11,426 (vs do-nothing $-12,225)
$1017.50	11d	24 Jul 2026	$29.55	5/5	$40,295	$39,700	74%	79%	+$10,817	-$5,196	7.0%	$-3,826 (vs do-nothing $-4,625)
$995	7d	20 Jul 2026	$19.85	5/5	$42,536	$41,940	74%	79%	+$9,384	-$21,296	28.7%	$-19,926 (vs do-nothing $-20,725)
$1015	11d	24 Jul 2026	$30.25	5/5	$41,250	$40,654	73%	79%	+$10,957	-$6,096	8.2%	$-4,726 (vs do-nothing $-5,525)
$985	4d	17 Jul 2026	$19.15	3/5	$43,088	$56,837	73%	79%	+$13,051	-$15,987	21.5%	$-14,846 (vs do-nothing $-15,645)
$1005	9d	22 Jul 2026	$23.10	5/5	$38,500	$37,904	73%	78%	+$4,931	-$14,671	19.7%	$-13,301 (vs do-nothing $-14,100)
$1012.50	11d	24 Jul 2026	$30.80	5/5	$42,000	$41,404	73%	79%	+$10,874	-$7,071	9.5%	$-5,701 (vs do-nothing $-6,500)
$1010	11d	24 Jul 2026	$31.75	5/5	$43,295	$42,700	72%	78%	+$11,317	-$7,846	10.6%	$-6,476 (vs do-nothing $-7,275)
$990	7d	20 Jul 2026	$20.50	5/5	$43,929	$43,333	72%	78%	+$8,181	-$23,471	31.6%	$-22,101 (vs do-nothing $-22,900)
$1007.50	11d	24 Jul 2026	$32.15	5/5	$43,841	$43,245	72%	78%	+$10,990	-$8,896	12.0%	$-7,526 (vs do-nothing $-8,325)
$1000	9d	22 Jul 2026	$25.30	5/5	$42,167	$41,571	72%	78%	+$6,521	-$16,071	21.6%	$-14,701 (vs do-nothing $-15,500)
$980	4d	17 Jul 2026	$20.55	3/5	$46,238	$59,987	72%	78%	+$13,374	-$17,067	23.0%	$-15,926 (vs do-nothing $-16,725)
$1005	11d	24 Jul 2026	$33.00	4/5	$36,000	$42,577	72%	78%	+$9,005	-$7,776	10.5%	$-6,521 (vs do-nothing $-7,320)
$985	7d	20 Jul 2026	$22.05	4/5	$37,800	$44,377	71%	77%	+$6,991	-$20,156	27.1%	$-18,901 (vs do-nothing $-19,700)
$1002.50	11d	24 Jul 2026	$33.65	4/5	$36,709	$43,286	71%	77%	+$8,984	-$8,516	11.5%	$-7,261 (vs do-nothing $-8,060)
$995	9d	22 Jul 2026	$25.90	5/5	$43,167	$42,571	71%	77%	+$5,342	-$18,271	24.6%	$-16,901 (vs do-nothing $-17,700)
$1000	11d	24 Jul 2026	$35.05	4/5	$38,236	$44,814	71%	77%	+$9,765	-$8,956	12.1%	$-7,701 (vs do-nothing $-8,500)
$1015	18d	31 Jul 2026	$43.90	5/5	$36,583	$35,988	70%	77%	+$7,460	-$0	0.0%	$2,099 (vs do-nothing +$1,300)
$975	4d	17 Jul 2026	$22.00	3/5	$49,500	$63,250	70%	77%	+$13,604	-$18,132	24.4%	$-16,991 (vs do-nothing $-17,790)
$990	9d	22 Jul 2026	$27.30	4/5	$36,400	$42,977	70%	77%	+$5,866	-$16,056	21.6%	$-14,801 (vs do-nothing $-15,600)
$980	7d	20 Jul 2026	$24.30	4/5	$41,657	$48,234	70%	76%	+$8,498	-$21,256	28.6%	$-20,001 (vs do-nothing $-20,800)
$1010	18d	31 Jul 2026	$46.15	5/5	$38,458	$37,863	70%	77%	+$8,157	-$646	0.9%	$724 (vs do-nothing $-75)
$995	11d	24 Jul 2026	$35.85	4/5	$39,109	$45,686	69%	77%	+$9,094	-$10,636	14.3%	$-9,381 (vs do-nothing $-10,180)
$1000	14d	27 Jul 2026	$34.85	5/5	$37,339	$36,744	69%	76%	+$2,937	-$11,296	15.2%	$-9,926 (vs do-nothing $-10,725)
$985	9d	22 Jul 2026	$28.80	4/5	$38,400	$44,977	69%	76%	+$5,886	-$17,456	23.5%	$-16,201 (vs do-nothing $-17,000)
$1005	18d	31 Jul 2026	$47.75	5/5	$39,792	$39,196	69%	76%	+$8,273	-$2,346	3.2%	$-976 (vs do-nothing $-1,775)
$970	4d	17 Jul 2026	$23.10	3/5	$51,975	$65,725	69%	76%	+$12,831	-$19,302	26.0%	$-18,161 (vs do-nothing $-18,960)
$990	11d	24 Jul 2026	$37.55	4/5	$40,964	$47,541	68%	76%	+$9,337	-$11,956	16.1%	$-10,701 (vs do-nothing $-11,500)
$995	14d	27 Jul 2026	$36.05	5/5	$38,625	$38,029	68%	75%	+$2,647	-$13,196	17.8%	$-11,826 (vs do-nothing $-12,625)
$975	7d	20 Jul 2026	$25.10	4/5	$43,029	$49,606	68%	76%	+$7,375	-$22,936	30.9%	$-21,681 (vs do-nothing $-22,480)
$1000	18d	31 Jul 2026	$49.65	5/5	$41,375	$40,779	68%	76%	+$8,597	-$3,896	5.2%	$-2,526 (vs do-nothing $-3,325)
$980	9d	22 Jul 2026	$30.40	4/5	$40,533	$47,111	68%	75%	+$5,940	-$18,816	25.3%	$-17,561 (vs do-nothing $-18,360)
$985	11d	24 Jul 2026	$39.10	4/5	$42,655	$49,232	67%	75%	+$9,346	-$13,336	17.9%	$-12,081 (vs do-nothing $-12,880)
$990	14d	27 Jul 2026	$37.45	5/5	$40,125	$39,529	67%	75%	+$2,513	-$14,996	20.2%	$-13,626 (vs do-nothing $-14,425)
$995	18d	31 Jul 2026	$50.35	5/5	$41,958	$41,363	67%	75%	+$7,879	-$6,046	8.1%	$-4,676 (vs do-nothing $-5,475)
$965	4d	17 Jul 2026	$25.25	2/5	$37,875	$58,798	67%	75%	+$9,461	-$13,438	18.1%	$-12,411 (vs do-nothing $-13,210)
$970	7d	20 Jul 2026	$28.00	3/5	$36,000	$49,750	67%	75%	+$7,277	-$17,832	24.0%	$-16,691 (vs do-nothing $-17,490)
$975	9d	22 Jul 2026	$32.05	4/5	$42,733	$49,311	66%	74%	+$5,959	-$20,156	27.1%	$-18,901 (vs do-nothing $-19,700)
$980	11d	24 Jul 2026	$40.50	4/5	$44,182	$50,759	66%	75%	+$9,503	-$14,776	19.9%	$-13,521 (vs do-nothing $-14,320)
$985	14d	27 Jul 2026	$39.20	5/5	$42,000	$41,404	66%	74%	+$2,696	-$16,621	22.4%	$-15,251 (vs do-nothing $-16,050)
$990	18d	31 Jul 2026	$51.20	5/5	$42,667	$42,071	66%	75%	+$7,244	-$8,121	10.9%	$-6,751 (vs do-nothing $-7,550)
$985	18d	31 Jul 2026	$53.60	4/5	$35,733	$42,311	65%	74%	+$6,285	-$7,536	10.1%	$-6,281 (vs do-nothing $-7,080)
$980	14d	27 Jul 2026	$40.65	5/5	$43,554	$42,958	65%	74%	+$2,498	-$18,396	24.8%	$-17,026 (vs do-nothing $-17,825)
$965	7d	20 Jul 2026	$28.20	3/5	$36,257	$50,007	65%	74%	+$5,436	-$19,272	25.9%	$-18,131 (vs do-nothing $-18,930)
$975	11d	24 Jul 2026	$41.60	4/5	$45,382	$51,959	65%	74%	+$8,924	-$16,336	22.0%	$-15,081 (vs do-nothing $-15,880)
$970	9d	22 Jul 2026	$33.65	4/5	$44,867	$51,444	65%	74%	+$5,807	-$21,516	29.0%	$-20,261 (vs do-nothing $-21,060)
$960	4d	17 Jul 2026	$27.00	2/5	$40,500	$61,423	65%	74%	+$9,612	-$14,088	19.0%	$-13,061 (vs do-nothing $-13,860)
$980	18d	31 Jul 2026	$56.10	4/5	$37,400	$43,977	65%	74%	+$6,806	-$8,536	11.5%	$-7,281 (vs do-nothing $-8,080)
$975	14d	27 Jul 2026	$42.45	4/5	$36,386	$42,963	64%	73%	+$2,091	-$15,996	21.5%	$-14,741 (vs do-nothing $-15,540)
$970	11d	24 Jul 2026	$43.15	3/5	$35,305	$49,054	64%	74%	+$6,574	-$13,287	17.9%	$-12,146 (vs do-nothing $-12,945)
$965	9d	22 Jul 2026	$36.25	3/5	$36,250	$50,000	64%	73%	+$5,161	-$16,857	22.7%	$-15,716 (vs do-nothing $-16,515)
$960	7d	20 Jul 2026	$29.50	3/5	$37,929	$51,679	64%	73%	+$4,890	-$20,382	27.4%	$-19,241 (vs do-nothing $-20,040)
$975	18d	31 Jul 2026	$58.00	4/5	$38,667	$45,244	64%	73%	+$6,891	-$9,776	13.2%	$-8,521 (vs do-nothing $-9,320)
$970	14d	27 Jul 2026	$44.30	4/5	$37,971	$44,549	63%	72%	+$2,176	-$17,256	23.2%	$-16,001 (vs do-nothing $-16,800)
$955	4d	17 Jul 2026	$28.75	2/5	$43,125	$64,048	63%	73%	+$9,604	-$14,738	19.8%	$-13,711 (vs do-nothing $-14,510)
$965	11d	24 Jul 2026	$44.05	3/5	$36,041	$49,791	63%	73%	+$5,465	-$14,517	19.5%	$-13,376 (vs do-nothing $-14,175)
$970	18d	31 Jul 2026	$59.95	4/5	$39,967	$46,544	63%	73%	+$6,973	-$10,996	14.8%	$-9,741 (vs do-nothing $-10,540)
$960	9d	22 Jul 2026	$38.10	3/5	$38,100	$51,850	62%	72%	+$4,380	-$17,802	24.0%	$-16,661 (vs do-nothing $-17,460)
$965	14d	27 Jul 2026	$46.20	4/5	$39,600	$46,177	62%	72%	+$2,254	-$18,496	24.9%	$-17,241 (vs do-nothing $-18,040)

Income/mo = FIGHT leg gross, DTE-prorated. Net/mo = FIGHT + conservative CC gross minus hedge cost. POP (mid) = probability stock closes at or below (strike + mid premium) at expiry, per-strike chain IV when available. Survival = CC expires fully worthless. EV/mo = premium minus expected buyback, monthly, with realized vol = IV x 85% (variance risk premium 15%). Cap give-up @ SS = recovery mortgaged on a V-bounce to SS, net of premium. Total P&L @ SS = absolute position P&L if the stock closes at SS; "vs do-nothing" = opportunity cost against holding all 5 contracts at the conservative CC.

fortress_fight.py v6.1 | 2026-07-13 22:11