FORTRESS FIGHT: MU-LC880 @ $887.98

BE SS: $1028.60 | CC-SS: $1037.72 | 5 contracts (500 sh) | ⌂ PORTFOLIO

MU-LC880 @ $887.98 UNDERWATER $140.62 (13.7% below BE SS)

5 contracts (500 sh) | BE SS: $1028.60 | CC-SS: $1037.72 (banked floor $1,018.96) | 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	$87,635/mo	95% ann ROI on ML
Hedge rolling cost	$677/mo
Unrealized P&L	$-77,385	fortress legs from IBKR

INCOME GOALPOSTS & VELOCITY

50% INCOME FLOOR
$43,817/mo

HEDGE COVER
$677/mo

NORMAL INCOME
$87,635/mo (ATM CC, chain)

IC VELOCITY
0.8 mo to earn back $74,300

ML VELOCITY
4.8 mo to earn back $419,300

NOT a deep drawdown: a CC at CC-SS $1037.72 (probe: $1040C 13d) still earns $28,610/mo (33% 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)

$67,609

was $77,385 · 13% earned back

Cycles closed

Credit in flight

$3,000

CC-SS · banked floor (info)

$1,037.72 → $1,018.96

Open leg	Acct	Credit/sh	In flight	Opened
5x $1075C 17 Jul 2026	U10001299	$6.00	$3,000	2026-07-14

TECHNICALS (cc_timing weekly gate + daily trigger)

WEEKLYNEUTRAL · %B 67 (live) · RSI 63 · MACD bullish, hist falling

DAILYFALLING (provisional) · RSI 45 · %B 12 · hist rising (nightly)

LEVELSUpper BB (CC ceiling) $1,239.43 (+40%) · daily UBB $1,228.54 · 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 $1037.72 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 × $1040 24 Jul 2026 (8d) · richest strike still ≥80% survivalroll menu if challenged ▾

Survival (stays ≤ $1040)

87%

Touch odds

27%

Per cycle

$7,750

Income / mo

$29,062

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: $82.80/sh now → $58.58 mid-life (likely $53.28–$91.92) → ≈ $0 at expiry | you banked $15.50/sh, so a flat mid-life exit nets -$43.08/sh | roll rows are incremental, the banked premium stays yours

📊 Across 614 simulated challenges: the $1,040 strike is typically first touched on day 5 of 8, at $1,074 (overshoots $34.13). 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%)	~$1,107	7 Aug 2026	18d left	+$8.22/sh	+$4,110 cycle +$11,860 [-$2,501…+$7,574] · 62% credit	75% surv 66%
Roll out (same strike, buy time)	~$1,040	27 Jul 2026	7d left	+$1.77/sh	+$885 cycle +$8,635 [-$2,335…+$4,150] · 54% credit	69% surv 53%
Up-and-out for even (raise the cap, free)	~$1,042	27 Jul 2026	7d left	+$0.69/sh	+$343 cycle +$8,093 [-$3,022…+$3,442] · 48% credit	69% surv 53%
Max even-money escape in the band	~$1,127	7 Aug 2026	18d left	+$0.45/sh	+$227 cycle +$7,977 [-$7,111…+$3,370] · 39% credit	77% surv 69%
Safety roll (pay small debit, max POP)	~$1,177	7 Aug 2026	18d left	-$14.43/sh	-$7,216 cycle +$534 [-$16,291…-$4,607] · 12% credit	81% surv 76%
budget: banked $7,750 debit $7,216 (93% used ≈ 1.1 wk of income) → whole cycle still +$534 cash · rolled 5 ct earn ≈ $36,786/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 × $1115 29 Jul 2026 (13d) · higher survival, lighter premiumroll menu if challenged ▾

Survival (stays ≤ $1115)

90%

Touch odds

21%

Per cycle

$6,902

Income / mo

$15,927

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 6 of 13); earlier = worse credits, later = better, through the strike = add intrinsic

Buyback gross: $106.43/sh now → $75.32 mid-life (likely $64.37–$106.72) → ≈ $0 at expiry | you banked $13.80/sh, so a flat mid-life exit nets -$61.51/sh | roll rows are incremental, the banked premium stays yours

📊 Across 521 simulated challenges: the $1,115 strike is typically first touched on day 8 of 13, at $1,149 (overshoots $34.42). 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%)	~$1,142	7 Aug 2026	16d left	+$4.51/sh	+$2,254 cycle +$9,155 [-$1,973…+$7,303] · 61% credit	72% surv 59%
Max even-money escape in the band	~$1,147	7 Aug 2026	16d left	+$2.20/sh	+$1,099 cycle +$8,001 [-$3,330…+$6,032] · 54% credit	72% surv 60%
Roll out (same strike, buy time)	~$1,115	31 Jul 2026	8d left	-$2.19/sh	-$1,095 cycle +$5,807 [-$3,365…+$1,750] · 38% credit	70% surv 53%
Safety roll (pay small debit, max POP)	~$1,182	7 Aug 2026	16d left	-$12.57/sh	-$6,286 cycle +$616 [-$12,051…-$2,358] · 19% credit	75% surv 66%
budget: banked $6,902 debit $6,286 (91% used ≈ 1.7 wk of income) → whole cycle still +$616 cash · rolled 5 ct earn ≈ $58,821/mo while parked; 0 ct free to re-sell

🛡 Safer · sell 5 × $1315 20 Jul 2026 (4d) · higher survival, lighter premiumroll menu if challenged ▾

Survival (stays ≤ $1315)

100%

Touch odds

Per cycle

$10

Income / mo

$75

Move	New strike ≈	New expiry	Tenor	Est net	Total (5 ct)	POP / surv of new CC
Roll out (same strike, buy time)	~$1,315	22 Jul 2026	4d left	+$2.60/sh	+$1,299 cycle +$1,309	69% surv 52%
Up-and-out for even (raise the cap, free)	~$1,317	22 Jul 2026	4d left	+$1.47/sh	+$733 cycle +$743	70% surv 52%
Max even-money escape in the band	~$1,467	7 Aug 2026	20d left	+$1.81/sh	+$905 cycle +$915	81% surv 75%

⚔ FIGHT CC options · full candidate scan (155 clear the floor), click to expand

Every eligible strike x expiry in the 4-45 DTE band (7 expiries scanned, 155 clear the income floor), each sized to the minimum contracts that clear it. Sorted by survival (safest first): the primary 🎯 is the safest; rows below trade safety for income.

Fortress delta: 0.900 (fallback) | Recovery@SS: +$67,383 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-4,262

Strike	DTE	Expiry	Bid	Sell	Income/mo	Net/mo	Survival	POP (mid)	EV/mo	Cap Give-up @ CC-SS	%IC	Total P&L @ SS
$970	4d	20 Jul 2026	$13.15	5/5	$49,312	$48,635	81%	85%	+$21,993	-$27,285	36.7%	$-37,287 (vs do-nothing $-33,025)
$980	6d	22 Jul 2026	$18.95	5/5	$47,375	$46,698	81%	85%	+$25,202	-$19,385	26.1%	$-29,387 (vs do-nothing $-25,125)
$1000	8d	24 Jul 2026	$23.95	5/5	$44,906	$44,229	81%	85%	+$23,059	-$6,885	9.3%	$-16,887 (vs do-nothing $-12,625)
$995	8d	24 Jul 2026	$24.60	5/5	$46,125	$45,448	80%	84%	+$22,668	-$9,060	12.2%	$-19,062 (vs do-nothing $-14,800)
$975	6d	22 Jul 2026	$19.85	5/5	$49,625	$48,948	80%	84%	+$25,339	-$21,435	28.8%	$-31,437 (vs do-nothing $-27,175)
$990	8d	24 Jul 2026	$26.80	5/5	$50,250	$49,573	79%	84%	+$25,081	-$10,460	14.1%	$-20,462 (vs do-nothing $-16,200)
$970	6d	22 Jul 2026	$22.00	4/5	$44,000	$48,559	78%	84%	+$22,745	-$18,288	24.6%	$-27,142 (vs do-nothing $-22,880)
$985	8d	24 Jul 2026	$27.95	5/5	$52,406	$51,729	78%	83%	+$26,036	-$12,385	16.7%	$-22,387 (vs do-nothing $-18,125)
$965	6d	22 Jul 2026	$21.95	4/5	$43,900	$48,459	77%	83%	+$20,676	-$20,308	27.3%	$-29,162 (vs do-nothing $-24,900)
$980	8d	24 Jul 2026	$28.85	5/5	$54,094	$53,416	77%	82%	+$25,178	-$14,435	19.4%	$-24,437 (vs do-nothing $-20,175)
$960	6d	22 Jul 2026	$24.55	4/5	$49,100	$53,659	76%	82%	+$23,757	-$21,268	28.6%	$-30,122 (vs do-nothing $-25,860)
$975	8d	24 Jul 2026	$30.15	4/5	$45,225	$49,784	76%	82%	+$20,458	-$13,028	17.5%	$-21,882 (vs do-nothing $-17,620)
$970	8d	24 Jul 2026	$32.60	4/5	$48,900	$53,459	74%	81%	+$22,401	-$14,048	18.9%	$-22,902 (vs do-nothing $-18,640)

Show 142 more candidates (lower strikes: more income, lower survival)

Showing the 60 next-safest rows of 142.

Strike	DTE	Expiry	Bid	Sell	Income/mo	Net/mo	Survival	POP (mid)	EV/mo	Cap Give-up @ CC-SS	%IC	Total P&L @ SS
$955	6d	22 Jul 2026	$25.25	4/5	$50,500	$55,059	74%	81%	+$22,880	-$22,988	30.9%	$-31,842 (vs do-nothing $-27,580)
$990	15d	31 Jul 2026	$44.00	5/5	$44,000	$43,323	73%	80%	+$16,445	-$1,860	2.5%	$-11,862 (vs do-nothing $-7,600)
$965	8d	24 Jul 2026	$32.85	4/5	$49,275	$53,834	73%	80%	+$20,946	-$15,948	21.5%	$-24,802 (vs do-nothing $-20,540)
$975	11d	27 Jul 2026	$32.85	5/5	$44,795	$44,118	73%	80%	+$13,997	-$14,935	20.1%	$-24,937 (vs do-nothing $-20,675)
$980	13d	29 Jul 2026	$38.60	5/5	$44,538	$43,861	73%	80%	+$15,266	-$9,560	12.9%	$-19,562 (vs do-nothing $-15,300)
$950	6d	22 Jul 2026	$27.70	4/5	$55,400	$59,959	73%	81%	+$25,339	-$24,008	32.3%	$-32,862 (vs do-nothing $-28,600)
$985	15d	31 Jul 2026	$45.40	5/5	$45,400	$44,723	73%	80%	+$16,584	-$3,660	4.9%	$-13,662 (vs do-nothing $-9,400)
$960	8d	24 Jul 2026	$36.05	4/5	$54,075	$58,634	72%	80%	+$24,747	-$16,668	22.4%	$-25,522 (vs do-nothing $-21,260)
$970	11d	27 Jul 2026	$35.00	5/5	$47,727	$47,050	72%	79%	+$15,240	-$16,360	22.0%	$-26,362 (vs do-nothing $-22,100)
$975	13d	29 Jul 2026	$40.80	5/5	$47,077	$46,400	72%	79%	+$16,356	-$10,960	14.8%	$-20,962 (vs do-nothing $-16,700)
$980	15d	31 Jul 2026	$46.90	5/5	$46,900	$46,223	72%	79%	+$16,775	-$5,410	7.3%	$-15,412 (vs do-nothing $-11,150)
$945	6d	22 Jul 2026	$29.40	3/5	$44,100	$53,895	71%	80%	+$19,595	-$18,996	25.6%	$-26,702 (vs do-nothing $-22,440)
$965	11d	27 Jul 2026	$35.15	5/5	$47,932	$47,254	71%	78%	+$13,680	-$18,785	25.3%	$-28,787 (vs do-nothing $-24,525)
$955	8d	24 Jul 2026	$36.20	4/5	$54,300	$58,859	71%	79%	+$23,047	-$18,608	25.0%	$-27,462 (vs do-nothing $-23,200)
$970	13d	29 Jul 2026	$41.95	5/5	$48,404	$47,727	71%	79%	+$16,176	-$12,885	17.3%	$-22,887 (vs do-nothing $-18,625)
$930	4d	20 Jul 2026	$24.95	3/5	$56,138	$65,933	71%	80%	+$29,241	-$24,831	33.4%	$-32,537 (vs do-nothing $-28,275)
$975	15d	31 Jul 2026	$49.20	5/5	$49,200	$48,523	71%	79%	+$17,715	-$6,760	9.1%	$-16,762 (vs do-nothing $-12,500)
$952.50	8d	24 Jul 2026	$37.10	4/5	$55,650	$60,209	71%	79%	+$23,397	-$19,248	25.9%	$-28,102 (vs do-nothing $-23,840)
$935	4d	20 Jul 2026	$23.25	3/5	$52,312	$62,108	70%	78%	+$19,580	-$23,841	32.1%	$-31,547 (vs do-nothing $-27,285)
$960	11d	27 Jul 2026	$38.40	5/5	$52,364	$51,686	70%	78%	+$16,271	-$19,660	26.5%	$-29,662 (vs do-nothing $-25,400)
$965	13d	29 Jul 2026	$42.65	5/5	$49,212	$48,534	70%	78%	+$15,416	-$15,035	20.2%	$-25,037 (vs do-nothing $-20,775)
$970	15d	31 Jul 2026	$50.50	5/5	$50,500	$49,823	70%	78%	+$17,604	-$8,610	11.6%	$-18,612 (vs do-nothing $-14,350)
$940	6d	22 Jul 2026	$30.75	3/5	$46,125	$55,920	70%	79%	+$19,528	-$20,091	27.0%	$-27,797 (vs do-nothing $-23,535)
$950	8d	24 Jul 2026	$39.50	3/5	$44,438	$54,233	70%	79%	+$18,600	-$14,466	19.5%	$-22,172 (vs do-nothing $-17,910)
$947.50	8d	24 Jul 2026	$39.65	3/5	$44,606	$54,402	69%	79%	+$18,859	-$15,171	20.4%	$-22,877 (vs do-nothing $-18,615)
$960	13d	29 Jul 2026	$45.40	5/5	$52,385	$51,707	69%	78%	+$16,961	-$16,160	21.7%	$-26,162 (vs do-nothing $-21,900)
$965	15d	31 Jul 2026	$52.25	5/5	$52,250	$51,573	69%	78%	+$17,890	-$10,235	13.8%	$-20,237 (vs do-nothing $-15,975)
$955	11d	27 Jul 2026	$40.20	4/5	$43,855	$48,414	69%	77%	+$13,444	-$17,008	22.9%	$-25,862 (vs do-nothing $-21,600)
$925	4d	20 Jul 2026	$27.00	3/5	$60,750	$70,545	69%	79%	+$30,721	-$25,716	34.6%	$-33,422 (vs do-nothing $-29,160)
$945	8d	24 Jul 2026	$40.60	3/5	$45,675	$55,470	69%	78%	+$18,142	-$15,636	21.0%	$-23,342 (vs do-nothing $-19,080)
$935	6d	22 Jul 2026	$33.25	3/5	$49,875	$59,670	68%	78%	+$21,047	-$20,841	28.0%	$-28,547 (vs do-nothing $-24,285)
$960	15d	31 Jul 2026	$54.00	5/5	$54,000	$53,323	68%	77%	+$18,123	-$11,860	16.0%	$-21,862 (vs do-nothing $-17,600)
$955	13d	29 Jul 2026	$47.30	5/5	$54,577	$53,900	68%	77%	+$17,462	-$17,710	23.8%	$-27,712 (vs do-nothing $-23,450)
$942.50	8d	24 Jul 2026	$41.55	3/5	$46,744	$56,539	68%	78%	+$19,360	-$16,101	21.7%	$-23,807 (vs do-nothing $-19,545)
$950	11d	27 Jul 2026	$41.45	4/5	$45,218	$49,777	68%	77%	+$13,206	-$18,508	24.9%	$-27,362 (vs do-nothing $-23,100)
$965	22d	7 Aug 2026	$64.65	5/5	$44,080	$43,402	68%	77%	+$13,447	-$4,035	5.4%	$-14,037 (vs do-nothing $-9,775)
$955	15d	31 Jul 2026	$55.85	4/5	$44,680	$49,239	67%	77%	+$14,720	-$10,748	14.5%	$-19,602 (vs do-nothing $-15,340)
$950	13d	29 Jul 2026	$48.90	4/5	$45,138	$49,697	67%	77%	+$14,042	-$15,528	20.9%	$-24,382 (vs do-nothing $-20,120)
$940	8d	24 Jul 2026	$42.55	3/5	$47,869	$57,664	67%	77%	+$18,554	-$16,551	22.3%	$-24,257 (vs do-nothing $-19,995)
$945	11d	27 Jul 2026	$41.95	4/5	$45,764	$50,323	67%	76%	+$12,084	-$20,308	27.3%	$-29,162 (vs do-nothing $-24,900)
$960	22d	7 Aug 2026	$66.90	5/5	$45,614	$44,936	67%	76%	+$13,877	-$5,410	7.3%	$-15,412 (vs do-nothing $-11,150)
$952.50	15d	31 Jul 2026	$56.85	4/5	$45,480	$50,039	67%	77%	+$14,875	-$11,348	15.3%	$-20,202 (vs do-nothing $-15,940)
$930	6d	22 Jul 2026	$34.55	3/5	$51,825	$61,620	67%	77%	+$20,624	-$21,951	29.5%	$-29,657 (vs do-nothing $-25,395)
$920	4d	20 Jul 2026	$29.20	3/5	$65,700	$75,495	67%	78%	+$32,253	-$26,556	35.7%	$-34,262 (vs do-nothing $-30,000)
$937.50	8d	24 Jul 2026	$43.55	3/5	$48,994	$58,789	67%	77%	+$18,754	-$17,001	22.9%	$-24,707 (vs do-nothing $-20,445)
$950	15d	31 Jul 2026	$57.75	4/5	$46,200	$50,759	66%	76%	+$14,938	-$11,988	16.1%	$-20,842 (vs do-nothing $-16,580)
$940	11d	27 Jul 2026	$45.95	4/5	$50,127	$54,686	66%	77%	+$17,251	-$20,708	27.9%	$-29,562 (vs do-nothing $-25,300)
$945	13d	29 Jul 2026	$51.10	4/5	$47,169	$51,728	66%	76%	+$14,615	-$16,648	22.4%	$-25,502 (vs do-nothing $-21,240)
$955	22d	7 Aug 2026	$68.45	5/5	$46,670	$45,993	66%	76%	+$13,798	-$7,135	9.6%	$-17,137 (vs do-nothing $-12,875)
$947.50	15d	31 Jul 2026	$58.75	4/5	$47,000	$51,559	66%	76%	+$15,070	-$12,588	16.9%	$-21,442 (vs do-nothing $-17,180)
$935	8d	24 Jul 2026	$44.55	3/5	$50,119	$59,914	66%	77%	+$18,933	-$17,451	23.5%	$-25,157 (vs do-nothing $-20,895)
$945	15d	31 Jul 2026	$59.70	4/5	$47,760	$52,319	66%	76%	+$15,150	-$13,208	17.8%	$-22,062 (vs do-nothing $-17,800)
$950	22d	7 Aug 2026	$70.45	5/5	$48,034	$47,357	65%	76%	+$13,993	-$8,635	11.6%	$-18,637 (vs do-nothing $-14,375)
$932.50	8d	24 Jul 2026	$45.55	3/5	$51,244	$61,039	65%	76%	+$19,089	-$17,901	24.1%	$-25,607 (vs do-nothing $-21,345)
$940	13d	29 Jul 2026	$53.20	4/5	$49,108	$53,667	65%	76%	+$15,043	-$17,808	24.0%	$-26,662 (vs do-nothing $-22,400)
$925	6d	22 Jul 2026	$35.65	3/5	$53,475	$63,270	65%	76%	+$19,755	-$23,121	31.1%	$-30,827 (vs do-nothing $-26,565)
$935	11d	27 Jul 2026	$48.00	4/5	$52,364	$56,923	65%	76%	+$17,624	-$21,888	29.5%	$-30,742 (vs do-nothing $-26,480)
$930	8d	24 Jul 2026	$46.60	3/5	$52,425	$62,220	65%	76%	+$19,278	-$18,336	24.7%	$-26,042 (vs do-nothing $-21,780)
$940	15d	31 Jul 2026	$61.05	4/5	$48,840	$53,399	65%	75%	+$14,836	-$14,668	19.7%	$-23,522 (vs do-nothing $-19,260)
$945	22d	7 Aug 2026	$72.35	5/5	$49,330	$48,652	65%	75%	+$14,087	-$10,185	13.7%	$-20,187 (vs do-nothing $-15,925)

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 | 2026-07-16 16:07