5 contracts (500 sh) | BE SS: $114.54 | CC-SS: $114.71 (banked floor $113.97) | IV: HIGH | Accounts: Main:1299
| Max Loss | $28,520 | (ND $27.04 + SW $30) x 500 |
| Normal income ref | $3,964/mo | 95% ann ROI on ML |
| Hedge rolling cost | $348/mo | |
| Unrealized P&L | $-12,645 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 5x $100C 17 Jul 2026 | U10001299 | $0.66 | $331 | 2026-07-11 |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 5 contracts). The master ranks the two by E[net]/mo to pick one grand pick; both are shown here so you can choose the tenor that fits your roll cadence.
| Track | Expiry | Sell | Survival | Income/mo | E[net]/mo |
|---|---|---|---|---|---|
| NEXT FRIDAY 🏆 | 24 Jul 2026 · 7d | 5 × $97 | 83% | $2,229 | $690 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | FIGHT edge | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 5 × $105 | 24 Jul | 7d | 15.5% | 96% | 9% | +2pp | $95 | $407 | -$1,821 | $4,761 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $105 15.5% OTM over spot $90.93 24 Jul 2026 (7d, $0.24 mid) = $95 credit for the 7d cycle → $407/mo projected Survival (stays ≤ $105) 96% Breach risk 4% POP (stays ≤ $105.25) 96% EV / mo +$266 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +2pp 57% whole by 9mo vs 55% doing nothing FIRE DRILLS ~0.4/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $-23/mo median; plan ~$-15/mo after 68% keep · $-92 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~2.2 mo [1.0-4.2], measured ONLY among the 57% of futures that got whole 🛡 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) -$1,602 Free roll-up +$2/wk Safest escape (by 14 Aug 2026) $111 @ 76% POP 68% 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: $4.80/sh now → $3.39 mid-life (likely $2.06–$4.60) → ≈ $0 at expiry | you banked $0.19/sh, so a flat mid-life exit nets -$3.20/sh | roll rows are incremental, the banked premium stays yours 📊 Across 69 simulated challenges: the $105 strike is typically first touched on day 6 of 7, at $107 (overshoots $1.72). 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 ⚠ $105 is $10 below CC-SS $114.71: 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 < $0.05/sh (~25% of the $0.19 collected) or spot ≥ $105.25 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $105)); NOT the premium you collected. Momentum override: two daily closes above $101.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.71, where you are whole again, by expiry) Starting unrealized P&L: $-12,645 + Fortress recovery (un-capped): +$12,164 − CC assignment net of premium (5 × $105): -$4,761 Total Position P&L @ SS: $-5,242 (+$7,403 vs today) Do-nothing baseline at SS: $-2,757 (this trade vs do-nothing: $-2,485, the opportunity cost of earning $407/mo FIGHT income now) BB-reversion stress (→ $106.37 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$590, position total $-5,337 (+$7,308 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 5 × $101 | 24 Jul | 7d | 11.1% | 90% | 20% | +5pp | $230 | $986 | -$1,243 | $6,626 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $101 11.1% OTM over spot $90.93 24 Jul 2026 (7d, $0.60 mid) = $230 credit for the 7d cycle → $986/mo projected Survival (stays ≤ $101) 90% Breach risk 10% POP (stays ≤ $101.60) 91% EV / mo +$535 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +5pp 58% whole by 9mo vs 53% doing nothing FIRE DRILLS ~1.1/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $287/mo median; plan ~$195/mo after 68% keep · $1,399 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~2.2 mo [1.1-4.1], measured ONLY among the 58% of futures that got whole 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 9% Flat exit net (mid-life) -$1,340 Free roll-up +$2/wk Safest escape (by 14 Aug 2026) $108 @ 77% POP 71% 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: $4.44/sh now → $3.14 mid-life (likely $2.44–$4.34) → ≈ $0 at expiry | you banked $0.46/sh, so a flat mid-life exit nets -$2.68/sh | roll rows are incremental, the banked premium stays yours 📊 Across 267 simulated challenges: the $101 strike is typically first touched on day 5 of 7, at $102 (overshoots $1.40). 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 ⚠ $101 is $14 below CC-SS $114.71: 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 < $0.12/sh (~25% of the $0.46 collected) or spot ≥ $101.60 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $101)); NOT the premium you collected. Momentum override: two daily closes above $101.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.71, where you are whole again, by expiry) Starting unrealized P&L: $-12,645 + Fortress recovery (un-capped): +$12,164 − CC assignment net of premium (5 × $101): -$6,626 Total Position P&L @ SS: $-7,107 (+$5,538 vs today) Do-nothing baseline at SS: $-2,757 (this trade vs do-nothing: $-4,350, the opportunity cost of earning $986/mo FIGHT income now) BB-reversion stress (→ $106.37 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$2,455, position total $-7,202 (+$5,443 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 5 × $99 | 24 Jul | 7d | 8.9% | 90% | 21% | +11pp | $345 | $1,479 | -$750 | $7,511 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $99 8.9% OTM over spot $90.93 24 Jul 2026 (7d, $0.74 mid) = $345 credit for the 7d cycle → $1,479/mo projected Survival (stays ≤ $99) 90% Breach risk 10% POP (stays ≤ $99.74) 91% EV / mo +$1,082 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +11pp 59% whole by 9mo vs 48% doing nothing FIRE DRILLS ~1.2/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $592/mo median; plan ~$402/mo after 68% keep · $3,346 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~2.5 mo [1.3-4.5], measured ONLY among the 59% of futures that got whole 🛡 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) -$1,163 Free roll-up +$2/wk Safest escape (by 14 Aug 2026) $107 @ 79% POP 74% 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: $4.27/sh now → $3.02 mid-life (likely $2.58–$4.37) → ≈ $0 at expiry | you banked $0.69/sh, so a flat mid-life exit nets -$2.33/sh | roll rows are incremental, the banked premium stays yours 📊 Across 438 simulated challenges: the $99 strike is typically first touched on day 5 of 7, at $100 (overshoots $1.48). 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.
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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 ⚠ $99 is $16 below CC-SS $114.71: 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 < $0.17/sh (~25% of the $0.69 collected) or spot ≥ $99.74 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $99)); NOT the premium you collected. Momentum override: two daily closes above $101.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.71, where you are whole again, by expiry) Starting unrealized P&L: $-12,645 + Fortress recovery (un-capped): +$12,164 − CC assignment net of premium (5 × $99): -$7,511 Total Position P&L @ SS: $-7,992 (+$4,653 vs today) Do-nothing baseline at SS: $-2,757 (this trade vs do-nothing: $-5,235, the opportunity cost of earning $1,479/mo FIGHT income now) BB-reversion stress (→ $106.37 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$3,340, position total $-8,087 (+$4,558 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 5 × $97 | 24 Jul | 7d | 6.7% | 83% | 25% | +13pp | $520 | $2,229 | — | $8,336 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $97 6.7% OTM over spot $90.93 24 Jul 2026 (7d, $1.12 mid) = $520 credit for the 7d cycle → $2,229/mo projected Survival (stays ≤ $97) 83% Breach risk 17% POP (stays ≤ $98.12) 87% EV / mo +$1,413 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +13pp 62% whole by 9mo vs 49% doing nothing FIRE DRILLS ~2.1/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $863/mo median; plan ~$587/mo after 68% keep · $4,819 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~2.8 mo [1.6-4.8], measured ONLY among the 62% of futures that got whole 🛡 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) 25% Flat exit net (mid-life) -$928 Free roll-up +$2/wk Safest escape (by 14 Aug 2026) $106 @ 81% POP 77% 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: $4.09/sh now → $2.90 mid-life (likely $2.78–$4.65) → ≈ $0 at expiry | you banked $1.04/sh, so a flat mid-life exit nets -$1.86/sh | roll rows are incremental, the banked premium stays yours 📊 Across 744 simulated challenges: the $97 strike is typically first touched on day 4 of 7, at $99 (overshoots $1.53). 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 ⚠ $97 is $18 below CC-SS $114.71: 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 < $0.26/sh (~25% of the $1.04 collected) or spot ≥ $98.12 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $97)); NOT the premium you collected. Momentum override: two daily closes above $101.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.71, where you are whole again, by expiry) Starting unrealized P&L: $-12,645 + Fortress recovery (un-capped): +$12,164 − CC assignment net of premium (5 × $97): -$8,336 Total Position P&L @ SS: $-8,817 (+$3,828 vs today) Do-nothing baseline at SS: $-2,757 (this trade vs do-nothing: $-6,060, the opportunity cost of earning $2,229/mo FIGHT income now) BB-reversion stress (→ $106.37 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$4,165, position total $-8,912 (+$3,733 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 5 × $94 | 24 Jul | 7d | 3.4% | 70% | 62% | +17pp | $925 | $3,964 | +$1,736 | $9,431 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $94 3.4% OTM over spot $90.93 24 Jul 2026 (7d, $1.99 mid) = $925 credit for the 7d cycle → $3,964/mo projected Survival (stays ≤ $94) 70% Breach risk 30% POP (stays ≤ $95.98) 79% EV / mo +$1,881 📈 CAMPAIGN OUTLOOK (400 simulated futures, this rung on repeat for 9 months, no directional opinion) FIGHT'S EDGE +17pp 62% whole by 9mo vs 45% doing nothing FIRE DRILLS ~4.2/quarter challenges to roll; realized tends lower (calibration) BANKED RATE WHILE FIGHTING $1,199/mo median; plan ~$815/mo after 68% keep · $6,174 banked by campaign end (selling stops once whole) green: with FIGHT · grey: without if it recovers, the typical trip is ~2.3 mo [1.3-4.2], measured ONLY among the 62% of futures that got whole 🛡 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) 47% Flat exit net (mid-life) -$435 Free roll-up +$1/wk Safest escape (by 7 Aug 2026) $106 @ 88% POP 86% 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: $3.85/sh now → $2.72 mid-life (likely $3.25–$4.72) → ≈ $0 at expiry | you banked $1.85/sh, so a flat mid-life exit nets -$0.87/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,413 simulated challenges: the $94 strike is typically first touched on day 3 of 7, at $95 (overshoots $1.43). 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). 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 ⚠ $94 is $21 below CC-SS $114.71: 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 < $0.46/sh (~25% of the $1.85 collected) or spot ≥ $95.98 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $94)); NOT the premium you collected. Momentum override: two daily closes above $101.62 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.02 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $114.71, where you are whole again, by expiry) Starting unrealized P&L: $-12,645 + Fortress recovery (un-capped): +$12,164 − CC assignment net of premium (5 × $94): -$9,431 Total Position P&L @ SS: $-9,912 (+$2,733 vs today) Do-nothing baseline at SS: $-2,757 (this trade vs do-nothing: $-7,155, the opportunity cost of earning $3,964/mo FIGHT income now) BB-reversion stress (→ $106.37 20W MA (bounce target), the probable scenario per weekly technicals): CC give-up -$5,260, position total $-10,007 (+$2,638 vs today) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (4 expiries scanned, 24 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: 1.023 (IBKR) | Recovery@SS: +$12,164 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-2,757
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $97 | 7d | 24 Jul 2026 | $1.04 | 5/5 | $2,229 | $1,881 | 83% | 87% | +$1,413 | -$8,336 | 61.7% | $-8,817 (vs do-nothing $-6,060) |
| $96 | 7d | 24 Jul 2026 | $1.23 | 4/5 | $2,109 | $1,795 | 79% | 85% | +$1,200 | -$6,993 | 51.7% | $-7,929 (vs do-nothing $-5,172) |
| $95 | 7d | 24 Jul 2026 | $1.51 | 4/5 | $2,589 | $2,275 | 75% | 82% | +$1,346 | -$7,281 | 53.9% | $-8,217 (vs do-nothing $-5,460) |
| $94 | 7d | 24 Jul 2026 | $1.85 | 3/5 | $2,379 | $2,100 | 70% | 79% | +$1,129 | -$5,659 | 41.9% | $-7,050 (vs do-nothing $-4,293) |
| $95 | 14d | 31 Jul 2026 | $2.07 | 5/5 | $2,218 | $1,870 | 68% | 76% | +$494 | -$8,821 | 65.2% | $-9,302 (vs do-nothing $-6,545) |
| $95 | 21d | 7 Aug 2026 | $2.79 | 5/5 | $1,993 | $1,645 | 66% | 75% | +$502 | -$8,461 | 62.6% | $-8,942 (vs do-nothing $-6,185) |
| $94 | 14d | 31 Jul 2026 | $2.53 | 4/5 | $2,169 | $1,855 | 65% | 74% | +$519 | -$7,273 | 53.8% | $-8,209 (vs do-nothing $-5,452) |
| $93 | 7d | 24 Jul 2026 | $2.18 | 3/5 | $2,803 | $2,524 | 64% | 77% | +$1,157 | -$5,860 | 43.3% | $-7,251 (vs do-nothing $-4,494) |
| $94 | 21d | 7 Aug 2026 | $3.05 | 5/5 | $2,179 | $1,831 | 63% | 74% | +$451 | -$8,831 | 65.3% | $-9,312 (vs do-nothing $-6,555) |
| $93 | 14d | 31 Jul 2026 | $2.98 | 4/5 | $2,554 | $2,241 | 61% | 72% | +$595 | -$7,493 | 55.4% | $-8,429 (vs do-nothing $-5,672) |
| $93 | 21d | 7 Aug 2026 | $3.50 | 4/5 | $2,000 | $1,687 | 60% | 72% | +$405 | -$7,285 | 53.9% | $-8,221 (vs do-nothing $-5,464) |
| $93 | 28d | 14 Aug 2026 | $4.00 | 5/5 | $2,143 | $1,795 | 59% | 71% | +$460 | -$8,856 | 65.5% | $-9,337 (vs do-nothing $-6,580) |
| $92 | 7d | 24 Jul 2026 | $2.58 | 2/5 | $2,211 | $1,967 | 58% | 74% | +$793 | -$4,026 | 29.8% | $-5,873 (vs do-nothing $-3,116) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $92 | 14d | 31 Jul 2026 | $3.20 | 3/5 | $2,057 | $1,778 | 57% | 70% | +$323 | -$5,854 | 43.3% | $-7,245 (vs do-nothing $-4,488) |
| $92 | 21d | 7 Aug 2026 | $3.95 | 4/5 | $2,257 | $1,944 | 56% | 70% | +$425 | -$7,505 | 55.5% | $-8,441 (vs do-nothing $-5,684) |
| $92 | 28d | 14 Aug 2026 | $4.35 | 5/5 | $2,330 | $1,983 | 56% | 70% | +$422 | -$9,181 | 67.9% | $-9,662 (vs do-nothing $-6,905) |
| $91 | 28d | 14 Aug 2026 | $4.90 | 4/5 | $2,100 | $1,787 | 53% | 68% | +$375 | -$7,525 | 55.7% | $-8,461 (vs do-nothing $-5,704) |
| $91 | 21d | 7 Aug 2026 | $4.20 | 4/5 | $2,400 | $2,087 | 53% | 68% | +$305 | -$7,805 | 57.7% | $-8,741 (vs do-nothing $-5,984) |
| $91 | 14d | 31 Jul 2026 | $3.70 | 3/5 | $2,379 | $2,100 | 52% | 68% | +$348 | -$6,004 | 44.4% | $-7,395 (vs do-nothing $-4,638) |
| $91 | 7d | 24 Jul 2026 | $3.05 | 2/5 | $2,614 | $2,370 | 52% | 71% | +$814 | -$4,132 | 30.6% | $-5,979 (vs do-nothing $-3,222) |
| $90 | 28d | 14 Aug 2026 | $5.25 | 4/5 | $2,250 | $1,937 | 50% | 67% | +$308 | -$7,785 | 57.6% | $-8,721 (vs do-nothing $-5,964) |
| $90 | 21d | 7 Aug 2026 | $4.80 | 3/5 | $2,057 | $1,778 | 49% | 67% | +$269 | -$5,974 | 44.2% | $-7,365 (vs do-nothing $-4,608) |
| $90 | 14d | 31 Jul 2026 | $4.20 | 3/5 | $2,700 | $2,421 | 48% | 66% | +$339 | -$6,154 | 45.5% | $-7,545 (vs do-nothing $-4,788) |
| $90 | 7d | 24 Jul 2026 | $3.60 | 2/5 | $3,086 | $2,841 | 45% | 69% | +$839 | -$4,222 | 31.2% | $-6,069 (vs do-nothing $-3,312) |
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.