2 contracts (200 sh) | BE SS: $1220.00 | CC-SS: $1249.24 (banked floor $1,237.40) | IV: HIGH | Accounts: Neville:0865
| Max Loss | $198,000 | (ND $250.00 + SW $740) x 200 |
| Normal income ref | $31,431/mo | 95% ann ROI on ML |
| Hedge rolling cost | $463/mo | |
| Unrealized P&L | $-76,555 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 2x $1060C 17 Jul 2026 | U13190865 | $8.05 | $1,610 | 2026-07-14 |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 2 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 🏆 | 24 Jul 2026 · 8d | 2 × $980 | 79% | $15,938 | $2,939 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 2 × $1250 | 24 Jul | 8d | 42.7% | 98% | 3% | $204 | $765 | -$15,172 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 2 × $1250 42.7% OTM over spot $876.15 24 Jul 2026 (8d, $1.39 mid) = $204 credit for the 8d cycle → $765/mo projected Survival (stays ≤ $1250) 98% Breach risk 2% POP (stays ≤ $1251.39) 98% EV / mo +$473 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 1.6 mo [0.7-3.2] median · 54% of paths whole by 9 mo (vs 54% without) · ~0.4 challenges expected · median CC cash $180 🛡 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) -$12,723 Free roll-up none Safest escape (by 7 Aug 2026) $1,319 @ 74% POP 65% survival Roll menuyour doors if the call gets challenged; each row = buy back the 2 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: $91.36/sh now → $64.64 mid-life → ≈ $0 at expiry | you banked $1.02/sh, so a flat mid-life exit nets -$63.62/sh | roll rows are incremental, the banked premium stays yours
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 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 ✓ $1250 is at/above CC-SS $1249.24: 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 < $0.26/sh (~25% of the $1.02 collected) or spot ≥ $1,251.39 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,250)); NOT the premium you collected. Momentum override: two daily closes above $1,229.80 (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 $1249.24, where you are whole again, by expiry) Starting unrealized P&L: $-76,555 + Fortress recovery (un-capped): +$77,304 − CC assignment net of premium (2 × $1250): -$0 Total Position P&L @ SS: $749 (+$77,304 vs today) Do-nothing baseline at SS: $-4,989 (this trade vs do-nothing: +$5,738, the opportunity cost of earning $765/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 2 × $1060 | 24 Jul | 8d | 21.0% | 90% | 20% | $1,740 | $6,525 | -$9,412 | $36,108 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 2 × $1060 21.0% OTM over spot $876.15 24 Jul 2026 (8d, $9.65 mid) = $1,740 credit for the 8d cycle → $6,525/mo projected Survival (stays ≤ $1060) 90% Breach risk 10% POP (stays ≤ $1069.65) 91% EV / mo +$3,265 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 1.8 mo [0.9-3.6] median, 0.1 mo faster than no FIGHT (1.9 mo) · 59% of paths whole by 9 mo (vs 55% without) · ~2.8 challenges expected · median CC cash $15,891 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 15% Flat exit net (mid-life) -$9,223 Free roll-up none Safest escape (by 7 Aug 2026) $1,169 @ 78% POP 72% survival Roll menuyour doors if the call gets challenged; each row = buy back the 2 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: $77.47/sh now → $54.81 mid-life (likely $48.03–$82.20) → ≈ $0 at expiry | you banked $8.70/sh, so a flat mid-life exit nets -$46.11/sh | roll rows are incremental, the banked premium stays yours 📊 Across 462 simulated challenges: the $1,060 strike is typically first touched on day 5 of 8, at $1,094 (overshoots $34.28). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 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 ⚠ $1060 is $189 below CC-SS $1249.24: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $2.17/sh (~25% of the $8.70 collected) or spot ≥ $1,069.65 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,060)); NOT the premium you collected. Momentum override: two daily closes above $1,229.80 (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 $1249.24, where you are whole again, by expiry) Starting unrealized P&L: $-76,555 + Fortress recovery (un-capped): +$77,304 − CC assignment net of premium (2 × $1060): -$36,108 Total Position P&L @ SS: $-35,359 (+$41,196 vs today) Do-nothing baseline at SS: $-4,989 (this trade vs do-nothing: $-30,370, the opportunity cost of earning $6,525/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 2 × $1017.50 | 24 Jul | 8d | 16.1% | 86% | 30% | $2,860 | $10,725 | -$5,212 | $43,488 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 2 × $1017.50 16.1% OTM over spot $876.15 24 Jul 2026 (8d, $15.25 mid) = $2,860 credit for the 8d cycle → $10,725/mo projected Survival (stays ≤ $1017.50) 86% Breach risk 14% POP (stays ≤ $1032.75) 88% EV / mo +$5,261 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 1.8 mo [0.9-3.7] median · 63% of paths whole by 9 mo (vs 54% without) · ~4.2 challenges expected · median CC cash $24,254 🛡 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) 24% Flat exit net (mid-life) -$7,663 Free roll-up none Safest escape (by 7 Aug 2026) $1,151 @ 80% POP 75% survival Roll menuyour doors if the call gets challenged; each row = buy back the 2 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: $74.37/sh now → $52.61 mid-life (likely $52.71–$81.48) → ≈ $0 at expiry | you banked $14.30/sh, so a flat mid-life exit nets -$38.31/sh | roll rows are incremental, the banked premium stays yours 📊 Across 713 simulated challenges: the $1,018 strike is typically first touched on day 5 of 8, at $1,051 (overshoots $33.54). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 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 ⚠ $1017.50 is $232 below CC-SS $1249.24: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $3.58/sh (~25% of the $14.30 collected) or spot ≥ $1,032.75 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $1,018)); NOT the premium you collected. Momentum override: two daily closes above $1,229.80 (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 $1249.24, where you are whole again, by expiry) Starting unrealized P&L: $-76,555 + Fortress recovery (un-capped): +$77,304 − CC assignment net of premium (2 × $1017.50): -$43,488 Total Position P&L @ SS: $-42,739 (+$33,816 vs today) Do-nothing baseline at SS: $-4,989 (this trade vs do-nothing: $-37,750, the opportunity cost of earning $10,725/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 2 × $980 | 24 Jul | 8d | 11.9% | 79% | 34% | $4,250 | $15,938 | — | $49,598 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 2 × $980 11.9% OTM over spot $876.15 24 Jul 2026 (8d, $22.70 mid) = $4,250 credit for the 8d cycle → $15,938/mo projected Survival (stays ≤ $980) 79% Breach risk 21% POP (stays ≤ $1002.70) 83% EV / mo +$6,536 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 1.7 mo [0.9-3.9] median · 63% of paths whole by 9 mo (vs 54% without) · ~6.4 challenges expected · median CC cash $31,453 🛡 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) -$5,885 Free roll-up none Safest escape (by 7 Aug 2026) $1,149 @ 83% POP 80% survival Roll menuyour doors if the call gets challenged; each row = buy back the 2 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: $71.63/sh now → $50.68 mid-life (likely $53.40–$83.07) → ≈ $0 at expiry | you banked $21.25/sh, so a flat mid-life exit nets -$29.43/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,026 simulated challenges: the $980 strike is typically first touched on day 4 of 8, at $1,012 (overshoots $31.87). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 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 ⚠ $980 is $269 below CC-SS $1249.24: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $5.31/sh (~25% of the $21.25 collected) or spot ≥ $1,002.70 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $980)); NOT the premium you collected. Momentum override: two daily closes above $1,229.80 (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 $1249.24, where you are whole again, by expiry) Starting unrealized P&L: $-76,555 + Fortress recovery (un-capped): +$77,304 − CC assignment net of premium (2 × $980): -$49,598 Total Position P&L @ SS: $-48,849 (+$27,706 vs today) Do-nothing baseline at SS: $-4,989 (this trade vs do-nothing: $-43,860, the opportunity cost of earning $15,938/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 2 × $910 | 24 Jul | 8d | 3.9% | 62% | 80% | $8,540 | $32,025 | +$16,088 | $59,308 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 2 × $910 3.9% OTM over spot $876.15 24 Jul 2026 (8d, $44.55 mid) = $8,540 credit for the 8d cycle → $32,025/mo projected Survival (stays ≤ $910) 62% Breach risk 38% POP (stays ≤ $954.55) 73% EV / mo +$7,217 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 1.4 mo [0.7-3.1] median · 63% of paths whole by 9 mo (vs 50% without) · ~15.3 challenges expected · median CC cash $36,451 🛡 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) 64% Flat exit net (mid-life) -$871 Free roll-up +$9/wk Safest escape (by 7 Aug 2026) $1,174 @ 90% POP 89% survival Roll menuyour doors if the call gets challenged; each row = buy back the 2 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: $66.51/sh now → $47.06 mid-life (likely $61.84–$86.26) → ≈ $0 at expiry | you banked $42.70/sh, so a flat mid-life exit nets -$4.36/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,910 simulated challenges: the $910 strike is typically first touched on day 3 of 8, at $942 (overshoots $31.94). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 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 ⚠ $910 is $339 below CC-SS $1249.24: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $10.68/sh (~25% of the $42.70 collected) or spot ≥ $954.55 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $910)); NOT the premium you collected. Momentum override: two daily closes above $1,229.80 (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 $1249.24, where you are whole again, by expiry) Starting unrealized P&L: $-76,555 + Fortress recovery (un-capped): +$77,304 − CC assignment net of premium (2 × $910): -$59,308 Total Position P&L @ SS: $-58,559 (+$17,996 vs today) Do-nothing baseline at SS: $-4,989 (this trade vs do-nothing: $-53,570, the opportunity cost of earning $32,025/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (7 expiries scanned, 157 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: 1.036 (IBKR) | Recovery@SS: +$77,304 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-4,989
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $950 | 4d | 20 Jul 2026 | $10.85 | 2/2 | $16,275 | $15,812 | 81% | 84% | +$6,802 | -$57,678 | 115.4% | $-56,929 (vs do-nothing $-51,940) |
| $945 | 4d | 20 Jul 2026 | $11.85 | 2/2 | $17,775 | $17,312 | 80% | 84% | +$7,115 | -$58,478 | 117.0% | $-57,729 (vs do-nothing $-52,740) |
| $980 | 8d | 24 Jul 2026 | $21.25 | 2/2 | $15,938 | $15,474 | 79% | 83% | +$6,536 | -$49,598 | 99.2% | $-48,849 (vs do-nothing $-43,860) |
| $965 | 6d | 22 Jul 2026 | $15.95 | 2/2 | $15,950 | $15,487 | 79% | 83% | +$5,101 | -$53,658 | 107.3% | $-52,909 (vs do-nothing $-47,920) |
| $975 | 8d | 24 Jul 2026 | $22.45 | 2/2 | $16,838 | $16,374 | 78% | 83% | +$6,763 | -$50,358 | 100.7% | $-49,609 (vs do-nothing $-44,620) |
| $940 | 4d | 20 Jul 2026 | $12.95 | 2/2 | $19,425 | $18,962 | 78% | 83% | +$7,452 | -$59,258 | 118.5% | $-58,509 (vs do-nothing $-53,520) |
| $960 | 6d | 22 Jul 2026 | $16.45 | 2/2 | $16,450 | $15,987 | 78% | 82% | +$4,682 | -$54,558 | 109.1% | $-53,809 (vs do-nothing $-48,820) |
| $970 | 8d | 24 Jul 2026 | $23.65 | 2/2 | $17,738 | $17,274 | 77% | 82% | +$6,950 | -$51,118 | 102.2% | $-50,369 (vs do-nothing $-45,380) |
| $935 | 4d | 20 Jul 2026 | $14.15 | 2/2 | $21,225 | $20,762 | 77% | 81% | +$7,806 | -$60,018 | 120.0% | $-59,269 (vs do-nothing $-54,280) |
| $955 | 6d | 22 Jul 2026 | $18.25 | 2/2 | $18,250 | $17,787 | 77% | 81% | +$5,500 | -$55,198 | 110.4% | $-54,449 (vs do-nothing $-49,460) |
| $965 | 8d | 24 Jul 2026 | $24.50 | 2/2 | $18,375 | $17,912 | 76% | 81% | +$6,832 | -$51,948 | 103.9% | $-51,199 (vs do-nothing $-46,210) |
| $950 | 6d | 22 Jul 2026 | $19.70 | 2/2 | $19,700 | $19,237 | 75% | 80% | +$5,901 | -$55,908 | 111.8% | $-55,159 (vs do-nothing $-50,170) |
| $930 | 4d | 20 Jul 2026 | $15.55 | 2/2 | $23,325 | $22,862 | 75% | 80% | +$8,317 | -$60,738 | 121.5% | $-59,989 (vs do-nothing $-55,000) |
Showing the 60 next-safest rows of 144.
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $960 | 8d | 24 Jul 2026 | $26.25 | 2/2 | $19,688 | $19,224 | 75% | 80% | +$6,294 | -$52,598 | 105.2% | $-51,849 (vs do-nothing $-46,860) |
| $945 | 6d | 22 Jul 2026 | $20.15 | 2/2 | $20,150 | $19,687 | 74% | 79% | +$5,233 | -$56,818 | 113.6% | $-56,069 (vs do-nothing $-51,080) |
| $955 | 8d | 24 Jul 2026 | $28.00 | 2/2 | $21,000 | $20,537 | 73% | 79% | +$6,707 | -$53,248 | 106.5% | $-52,499 (vs do-nothing $-47,510) |
| $975 | 15d | 31 Jul 2026 | $39.50 | 2/2 | $15,800 | $15,337 | 73% | 79% | +$5,011 | -$46,948 | 93.9% | $-46,199 (vs do-nothing $-41,210) |
| $925 | 4d | 20 Jul 2026 | $16.25 | 2/2 | $24,375 | $23,912 | 73% | 79% | +$7,627 | -$61,598 | 123.2% | $-60,849 (vs do-nothing $-55,860) |
| $952.50 | 8d | 24 Jul 2026 | $28.25 | 2/2 | $21,188 | $20,724 | 73% | 79% | +$6,426 | -$53,698 | 107.4% | $-52,949 (vs do-nothing $-47,960) |
| $940 | 6d | 22 Jul 2026 | $22.50 | 2/2 | $22,500 | $22,037 | 73% | 79% | +$6,392 | -$57,348 | 114.7% | $-56,599 (vs do-nothing $-51,610) |
| $955 | 11d | 27 Jul 2026 | $29.15 | 2/2 | $15,900 | $15,437 | 72% | 79% | +$3,923 | -$53,018 | 106.0% | $-52,269 (vs do-nothing $-47,280) |
| $970 | 15d | 31 Jul 2026 | $41.30 | 2/2 | $16,520 | $16,057 | 72% | 79% | +$5,236 | -$47,588 | 95.2% | $-46,839 (vs do-nothing $-41,850) |
| $950 | 8d | 24 Jul 2026 | $29.35 | 2/2 | $22,012 | $21,549 | 72% | 79% | +$6,770 | -$53,978 | 108.0% | $-53,229 (vs do-nothing $-48,240) |
| $960 | 13d | 29 Jul 2026 | $34.55 | 2/2 | $15,946 | $15,483 | 72% | 78% | +$3,999 | -$50,938 | 101.9% | $-50,189 (vs do-nothing $-45,200) |
| $947.50 | 8d | 24 Jul 2026 | $29.90 | 2/2 | $22,425 | $21,962 | 72% | 78% | +$6,689 | -$54,368 | 108.7% | $-53,619 (vs do-nothing $-48,630) |
| $965 | 15d | 31 Jul 2026 | $41.65 | 2/2 | $16,660 | $16,197 | 72% | 79% | +$4,861 | -$48,518 | 97.0% | $-47,769 (vs do-nothing $-42,780) |
| $950 | 11d | 27 Jul 2026 | $30.95 | 2/2 | $16,882 | $16,419 | 71% | 78% | +$4,179 | -$53,658 | 107.3% | $-52,909 (vs do-nothing $-47,920) |
| $935 | 6d | 22 Jul 2026 | $23.65 | 2/2 | $23,650 | $23,187 | 71% | 78% | +$6,276 | -$58,118 | 116.2% | $-57,369 (vs do-nothing $-52,380) |
| $945 | 8d | 24 Jul 2026 | $30.70 | 2/2 | $23,025 | $22,562 | 71% | 78% | +$6,782 | -$54,708 | 109.4% | $-53,959 (vs do-nothing $-48,970) |
| $920 | 4d | 20 Jul 2026 | $18.45 | 2/2 | $27,675 | $27,212 | 71% | 78% | +$9,026 | -$62,158 | 124.3% | $-61,409 (vs do-nothing $-56,420) |
| $955 | 13d | 29 Jul 2026 | $36.15 | 2/2 | $16,685 | $16,222 | 71% | 78% | +$4,113 | -$51,618 | 103.2% | $-50,869 (vs do-nothing $-45,880) |
| $960 | 15d | 31 Jul 2026 | $43.75 | 2/2 | $17,500 | $17,037 | 71% | 78% | +$5,168 | -$49,098 | 98.2% | $-48,349 (vs do-nothing $-43,360) |
| $942.50 | 8d | 24 Jul 2026 | $31.45 | 2/2 | $23,588 | $23,124 | 71% | 78% | +$6,824 | -$55,058 | 110.1% | $-54,309 (vs do-nothing $-49,320) |
| $945 | 11d | 27 Jul 2026 | $32.35 | 2/2 | $17,645 | $17,182 | 70% | 77% | +$4,181 | -$54,378 | 108.8% | $-53,629 (vs do-nothing $-48,640) |
| $940 | 8d | 24 Jul 2026 | $31.35 | 2/2 | $23,512 | $23,049 | 70% | 77% | +$6,216 | -$55,578 | 111.2% | $-54,829 (vs do-nothing $-49,840) |
| $950 | 13d | 29 Jul 2026 | $37.80 | 2/2 | $17,446 | $16,983 | 70% | 77% | +$4,222 | -$52,288 | 104.6% | $-51,539 (vs do-nothing $-46,550) |
| $930 | 6d | 22 Jul 2026 | $25.50 | 2/2 | $25,500 | $25,037 | 70% | 77% | +$6,782 | -$58,748 | 117.5% | $-57,999 (vs do-nothing $-53,010) |
| $955 | 15d | 31 Jul 2026 | $45.45 | 2/2 | $18,180 | $17,717 | 70% | 77% | +$5,295 | -$49,758 | 99.5% | $-49,009 (vs do-nothing $-44,020) |
| $937.50 | 8d | 24 Jul 2026 | $33.00 | 2/2 | $24,750 | $24,287 | 69% | 77% | +$6,906 | -$55,748 | 111.5% | $-54,999 (vs do-nothing $-50,010) |
| $952.50 | 15d | 31 Jul 2026 | $46.45 | 2/2 | $18,580 | $18,117 | 69% | 77% | +$5,411 | -$50,058 | 100.1% | $-49,309 (vs do-nothing $-44,320) |
| $940 | 11d | 27 Jul 2026 | $34.70 | 2/2 | $18,927 | $18,464 | 69% | 77% | +$4,665 | -$54,908 | 109.8% | $-54,159 (vs do-nothing $-49,170) |
| $915 | 4d | 20 Jul 2026 | $20.05 | 2/2 | $30,075 | $29,612 | 69% | 77% | +$9,356 | -$62,838 | 125.7% | $-62,089 (vs do-nothing $-57,100) |
| $945 | 13d | 29 Jul 2026 | $39.45 | 2/2 | $18,208 | $17,745 | 69% | 77% | +$4,303 | -$52,958 | 105.9% | $-52,209 (vs do-nothing $-47,220) |
| $950 | 15d | 31 Jul 2026 | $47.05 | 2/2 | $18,820 | $18,357 | 69% | 77% | +$5,361 | -$50,438 | 100.9% | $-49,689 (vs do-nothing $-44,700) |
| $935 | 8d | 24 Jul 2026 | $33.75 | 2/2 | $25,312 | $24,849 | 69% | 77% | +$6,908 | -$56,098 | 112.2% | $-55,349 (vs do-nothing $-50,360) |
| $947.50 | 15d | 31 Jul 2026 | $47.10 | 2/2 | $18,840 | $18,377 | 69% | 77% | +$5,087 | -$50,928 | 101.9% | $-50,179 (vs do-nothing $-45,190) |
| $925 | 6d | 22 Jul 2026 | $27.00 | 2/2 | $27,000 | $26,537 | 68% | 76% | +$6,857 | -$59,448 | 118.9% | $-58,699 (vs do-nothing $-53,710) |
| $932.50 | 8d | 24 Jul 2026 | $34.50 | 2/2 | $25,875 | $25,412 | 68% | 76% | +$6,896 | -$56,448 | 112.9% | $-55,699 (vs do-nothing $-50,710) |
| $945 | 15d | 31 Jul 2026 | $47.95 | 2/2 | $19,180 | $18,717 | 68% | 77% | +$5,128 | -$51,258 | 102.5% | $-50,509 (vs do-nothing $-45,520) |
| $935 | 11d | 27 Jul 2026 | $35.75 | 2/2 | $19,500 | $19,037 | 68% | 76% | +$4,401 | -$55,698 | 111.4% | $-54,949 (vs do-nothing $-49,960) |
| $940 | 13d | 29 Jul 2026 | $41.20 | 2/2 | $19,015 | $18,552 | 68% | 76% | +$4,401 | -$53,608 | 107.2% | $-52,859 (vs do-nothing $-47,870) |
| $930 | 8d | 24 Jul 2026 | $35.15 | 2/2 | $26,362 | $25,899 | 68% | 76% | +$6,794 | -$56,818 | 113.6% | $-56,069 (vs do-nothing $-51,080) |
| $950 | 22d | 7 Aug 2026 | $58.55 | 2/2 | $15,968 | $15,505 | 67% | 76% | +$3,435 | -$48,138 | 96.3% | $-47,389 (vs do-nothing $-42,400) |
| $940 | 15d | 31 Jul 2026 | $49.65 | 2/2 | $19,860 | $19,397 | 67% | 76% | +$5,193 | -$51,918 | 103.8% | $-51,169 (vs do-nothing $-46,180) |
| $910 | 4d | 20 Jul 2026 | $21.70 | 1/2 | $16,275 | $15,939 | 67% | 76% | +$4,792 | -$31,754 | 63.5% | $-33,874 (vs do-nothing $-28,885) |
| $920 | 6d | 22 Jul 2026 | $28.65 | 2/2 | $28,650 | $28,187 | 67% | 75% | +$6,998 | -$60,118 | 120.2% | $-59,369 (vs do-nothing $-54,380) |
| $935 | 13d | 29 Jul 2026 | $43.00 | 2/2 | $19,846 | $19,383 | 67% | 76% | +$4,494 | -$54,248 | 108.5% | $-53,499 (vs do-nothing $-48,510) |
| $930 | 11d | 27 Jul 2026 | $37.60 | 2/2 | $20,509 | $20,046 | 67% | 76% | +$4,535 | -$56,328 | 112.7% | $-55,579 (vs do-nothing $-50,590) |
| $945 | 22d | 7 Aug 2026 | $60.40 | 2/2 | $16,473 | $16,010 | 67% | 75% | +$3,506 | -$48,768 | 97.5% | $-48,019 (vs do-nothing $-43,030) |
| $925 | 8d | 24 Jul 2026 | $35.70 | 2/2 | $26,775 | $26,312 | 66% | 75% | +$5,986 | -$57,708 | 115.4% | $-56,959 (vs do-nothing $-51,970) |
| $935 | 15d | 31 Jul 2026 | $51.40 | 2/2 | $20,560 | $20,097 | 66% | 76% | +$5,257 | -$52,568 | 105.1% | $-51,819 (vs do-nothing $-46,830) |
| $930 | 13d | 29 Jul 2026 | $44.85 | 2/2 | $20,700 | $20,237 | 66% | 75% | +$4,579 | -$54,878 | 109.8% | $-54,129 (vs do-nothing $-49,140) |
| $940 | 22d | 7 Aug 2026 | $62.20 | 2/2 | $16,964 | $16,501 | 66% | 75% | +$3,552 | -$49,408 | 98.8% | $-48,659 (vs do-nothing $-43,670) |
| $925 | 11d | 27 Jul 2026 | $39.50 | 2/2 | $21,545 | $21,082 | 66% | 75% | +$4,656 | -$56,948 | 113.9% | $-56,199 (vs do-nothing $-51,210) |
| $915 | 6d | 22 Jul 2026 | $29.05 | 2/2 | $29,050 | $28,587 | 65% | 75% | +$5,803 | -$61,038 | 122.1% | $-60,289 (vs do-nothing $-55,300) |
| $930 | 15d | 31 Jul 2026 | $53.80 | 2/2 | $21,520 | $21,057 | 65% | 75% | +$5,559 | -$53,088 | 106.2% | $-52,339 (vs do-nothing $-47,350) |
| $920 | 8d | 24 Jul 2026 | $39.00 | 2/2 | $29,250 | $28,787 | 65% | 75% | +$7,181 | -$58,048 | 116.1% | $-57,299 (vs do-nothing $-52,310) |
| $935 | 22d | 7 Aug 2026 | $64.15 | 2/2 | $17,495 | $17,032 | 65% | 75% | +$3,626 | -$50,018 | 100.0% | $-49,269 (vs do-nothing $-44,280) |
| $905 | 4d | 20 Jul 2026 | $21.85 | 1/2 | $16,388 | $16,051 | 65% | 74% | +$3,687 | -$32,239 | 64.5% | $-34,359 (vs do-nothing $-29,370) |
| $925 | 13d | 29 Jul 2026 | $46.75 | 2/2 | $21,577 | $21,114 | 65% | 75% | +$4,657 | -$55,498 | 111.0% | $-54,749 (vs do-nothing $-49,760) |
| $920 | 11d | 27 Jul 2026 | $41.45 | 2/2 | $22,609 | $22,146 | 65% | 74% | +$4,764 | -$57,558 | 115.1% | $-56,809 (vs do-nothing $-51,820) |
| $925 | 15d | 31 Jul 2026 | $56.00 | 2/2 | $22,400 | $21,937 | 64% | 75% | +$5,758 | -$53,648 | 107.3% | $-52,899 (vs do-nothing $-47,910) |
| $930 | 22d | 7 Aug 2026 | $66.10 | 2/2 | $18,027 | $17,564 | 64% | 74% | +$3,687 | -$50,628 | 101.3% | $-49,879 (vs do-nothing $-44,890) |
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 2 contracts at the conservative CC.