10 contracts (1,000 sh) | BE SS: $108.93 | CC-SS: $110.94 | IV: HIGH | Accounts: Main:1299
| Max Loss | $47,850 | (ND $27.85 + SW $20) x 1000 |
| Normal income ref | $15,692/mo | 95% ann ROI on ML |
| Hedge rolling cost | $1,778/mo | |
| Unrealized P&L | $-3,525 | fortress legs from IBKR |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 10 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 🏆 | 17 Jul 2026 · 6d | 10 × $112 | 73% | $7,900 | $2,976 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 9 × $120 | 17 Jul | 6d | 11.6% | 93% | 14% | $369 | $1,845 | -$6,055 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 9 × $120 11.6% OTM over spot $107.51 17 Jul 2026 (6d, $0.42 mid) = $369 credit for the 6d cycle → $1,845/mo projected Survival (stays ≤ $120) 93% Breach risk 7% POP (stays ≤ $120.42) 94% EV / mo +$1,215 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.1-0.5] median · 91% of paths whole by 9 mo (vs 100% without) · ~0.5 challenges expected · median CC cash $-11 🛡 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) 8% Flat exit net (mid-life) -$2,017 Free roll-up +$10/wk Safest escape (by 31 Jul 2026) $137 @ 85% POP 82% survival Roll menuyour doors if the call gets challenged; each row = buy back the 9 calls + sell the new ones, one order. Prices assume the central case (day 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.75/sh now → $2.65 mid-life (likely $2.08–$3.97) → ≈ $0 at expiry | you banked $0.41/sh, so a flat mid-life exit nets -$2.24/sh | roll rows are incremental, the banked premium stays yours 📊 Across 248 simulated challenges: the $120 strike is typically first touched on day 5 of 6, at $122 (overshoots $1.96). 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 ✓ $120 is at/above CC-SS $110.94: 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 < $0.10/sh (~25% of the $0.41 collected) or spot ≥ $120.42 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $120)); NOT the premium you collected. Momentum override: two daily closes above $113.70 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.92 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $110.94, where you are whole again, by expiry) Starting unrealized P&L: $-3,525 + Fortress recovery (un-capped): +$3,148 − CC assignment net of premium (9 × $120): -$0 + Conservative CC premium (1 × $109): +$431 Total Position P&L @ SS: $54 (+$3,579 vs today) Do-nothing baseline at SS: $3,938 (this trade vs do-nothing: $-3,883, the opportunity cost of earning $1,845/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 10 × $119 | 17 Jul | 6d | 10.7% | 92% | 17% | $490 | $2,450 | -$5,450 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $119 10.7% OTM over spot $107.51 17 Jul 2026 (6d, $0.51 mid) = $490 credit for the 6d cycle → $2,450/mo projected Survival (stays ≤ $119) 92% Breach risk 8% POP (stays ≤ $119.50) 92% EV / mo +$1,551 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.1-0.4] median · 94% of paths whole by 9 mo (vs 100% without) · ~0.5 challenges expected · median CC cash $-59 🛡 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) 10% Flat exit net (mid-life) -$2,139 Free roll-up +$10/wk Safest escape (by 31 Jul 2026) $136 @ 85% POP 82% survival Roll menuyour doors if the call gets challenged; each row = buy back the 10 calls + sell the new ones, one order. Prices assume the central case (day 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.72/sh now → $2.63 mid-life (likely $2.10–$3.91) → ≈ $0 at expiry | you banked $0.49/sh, so a flat mid-life exit nets -$2.14/sh | roll rows are incremental, the banked premium stays yours 📊 Across 297 simulated challenges: the $119 strike is typically first touched on day 5 of 6, at $121 (overshoots $1.86). 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 ✓ $119 is at/above CC-SS $110.94: 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 < $0.12/sh (~25% of the $0.49 collected) or spot ≥ $119.50 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $119)); NOT the premium you collected. Momentum override: two daily closes above $113.70 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.92 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $110.94, where you are whole again, by expiry) Starting unrealized P&L: $-3,525 + Fortress recovery (un-capped): +$3,148 − CC assignment net of premium (10 × $119): -$0 Total Position P&L @ SS: $-377 (+$3,148 vs today) Do-nothing baseline at SS: $3,938 (this trade vs do-nothing: $-4,315, the opportunity cost of earning $2,450/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 10 × $114 | 17 Jul | 6d | 6.0% | 80% | 41% | $1,100 | $5,500 | -$2,400 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $114 6.0% OTM over spot $107.51 17 Jul 2026 (6d, $1.15 mid) = $1,100 credit for the 6d cycle → $5,500/mo projected Survival (stays ≤ $114) 80% Breach risk 20% POP (stays ≤ $115.14) 84% EV / mo +$2,394 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.2 mo [0.1-0.5] median · 94% of paths whole by 9 mo (vs 100% without) · ~1.9 challenges expected · median CC cash $744 🛡 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) 28% Flat exit net (mid-life) -$1,418 Free roll-up +$10/wk Safest escape (by 31 Jul 2026) $136 @ 89% POP 88% survival Roll menuyour doors if the call gets challenged; each row = buy back the 10 calls + sell the new ones, one order. Prices assume the central case (day 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.56/sh now → $2.52 mid-life (likely $2.54–$4.14) → ≈ $0 at expiry | you banked $1.10/sh, so a flat mid-life exit nets -$1.42/sh | roll rows are incremental, the banked premium stays yours 📊 Across 844 simulated challenges: the $114 strike is typically first touched on day 4 of 6, at $116 (overshoots $1.79). 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 ✓ $114 is at/above CC-SS $110.94: 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 < $0.28/sh (~25% of the $1.10 collected) or spot ≥ $115.14 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $114)); NOT the premium you collected. Momentum override: two daily closes above $113.70 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.92 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $110.94, where you are whole again, by expiry) Starting unrealized P&L: $-3,525 + Fortress recovery (un-capped): +$3,148 − CC assignment net of premium (10 × $114): -$0 Total Position P&L @ SS: $-377 (+$3,148 vs today) Do-nothing baseline at SS: $3,938 (this trade vs do-nothing: $-4,315, the opportunity cost of earning $5,500/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 10 × $112 | 17 Jul | 6d | 4.2% | 73% | 40% | $1,580 | $7,900 | — | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $112 4.2% OTM over spot $107.51 17 Jul 2026 (6d, $1.61 mid) = $1,580 credit for the 6d cycle → $7,900/mo projected Survival (stays ≤ $112) 73% Breach risk 27% POP (stays ≤ $113.61) 79% EV / mo +$2,929 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.2 mo [0.1-0.4] median, 0.1 mo SLOWER than no FIGHT (0.1 mo): roll costs eat the credits at this rung · 97% of paths whole by 9 mo (vs 100% without) · ~2.0 challenges expected · median CC cash $1,521 🛡 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) 40% Flat exit net (mid-life) -$894 Free roll-up +$10/wk Safest escape (by 24 Jul 2026) $132 @ 91% POP 90% survival Roll menuyour doors if the call gets challenged; each row = buy back the 10 calls + sell the new ones, one order. Prices assume the central case (day 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.50/sh now → $2.47 mid-life (likely $2.75–$4.38) → ≈ $0 at expiry | you banked $1.58/sh, so a flat mid-life exit nets -$0.89/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,194 simulated challenges: the $112 strike is typically first touched on day 3 of 6, at $114 (overshoots $1.87). 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 ✓ $112 is at/above CC-SS $110.94: 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 < $0.40/sh (~25% of the $1.58 collected) or spot ≥ $113.61 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $112)); NOT the premium you collected. Momentum override: two daily closes above $113.70 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.92 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $110.94, where you are whole again, by expiry) Starting unrealized P&L: $-3,525 + Fortress recovery (un-capped): +$3,148 − CC assignment net of premium (10 × $112): -$0 Total Position P&L @ SS: $-377 (+$3,148 vs today) Do-nothing baseline at SS: $3,938 (this trade vs do-nothing: $-4,315, the opportunity cost of earning $7,900/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 10 × $107 | 17 Jul | 6d | -0.5% | 49% | 99+% | $3,450 | $17,250 | +$9,350 | $485 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $107 0.5% ITM over spot $107.51 17 Jul 2026 (6d, $3.55 mid) = $3,450 credit for the 6d cycle → $17,250/mo projected Survival (stays ≤ $107) 49% Breach risk 51% POP (stays ≤ $110.55) 67% EV / mo +$3,180 🛡 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) 100% Flat exit net (mid-life) +$1,086 Free roll-up +$10/wk Safest escape (by 24 Jul 2026) $127 @ 91% POP 90% survival Roll menuyour doors if the call gets challenged; each row = buy back the 10 calls + sell the new ones, one order. Prices assume the central case (day 3 of 6); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.34/sh now → $2.36 mid-life → ≈ $0 at expiry | you banked $3.45/sh, so a flat mid-life exit nets +$1.09/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 ⚠ $107 is $4 below CC-SS $110.94: 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 < $0.86/sh (~25% of the $3.45 collected) or spot ≥ $110.55 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $107)); NOT the premium you collected. Momentum override: two daily closes above $113.70 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 0.92 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $110.94, where you are whole again, by expiry) Starting unrealized P&L: $-3,525 + Fortress recovery (un-capped): +$3,148 − CC assignment net of premium (10 × $107): -$485 Total Position P&L @ SS: $-862 (+$2,663 vs today) Do-nothing baseline at SS: $3,938 (this trade vs do-nothing: $-4,800, the opportunity cost of earning $17,250/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (3 expiries scanned, 27 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: 0.919 (IBKR) | Recovery@SS: +$3,148 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $3,938
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $117 | 13d | 24 Jul 2026 | $3.55 | 10/10 | $8,192 | $6,414 | 73% | 79% | +$2,538 | -$0 | 0.0% | $3,173 (vs do-nothing $-765) |
| $112 | 6d | 17 Jul 2026 | $1.58 | 10/10 | $7,900 | $6,122 | 73% | 79% | +$2,929 | -$0 | 0.0% | $1,203 (vs do-nothing $-2,735) |
| $116 | 13d | 24 Jul 2026 | $3.85 | 9/10 | $7,996 | $7,660 | 71% | 78% | +$2,397 | -$0 | 0.0% | $3,519 (vs do-nothing $-418) |
| $115 | 13d | 24 Jul 2026 | $4.20 | 9/10 | $8,723 | $8,387 | 69% | 77% | +$2,570 | -$0 | 0.0% | $3,834 (vs do-nothing $-103) |
| $111 | 6d | 17 Jul 2026 | $1.86 | 9/10 | $8,370 | $8,034 | 69% | 77% | +$2,766 | -$0 | 0.0% | $1,728 (vs do-nothing $-2,209) |
| $114 | 13d | 24 Jul 2026 | $4.45 | 8/10 | $8,215 | $9,322 | 67% | 76% | +$2,212 | -$0 | 0.0% | $4,046 (vs do-nothing +$108) |
| $113 | 13d | 24 Jul 2026 | $4.75 | 8/10 | $8,769 | $9,875 | 65% | 75% | +$2,189 | -$0 | 0.0% | $4,286 (vs do-nothing +$348) |
| $113 | 20d | 31 Jul 2026 | $5.70 | 10/10 | $8,550 | $6,772 | 64% | 74% | +$2,013 | -$0 | 0.0% | $5,323 (vs do-nothing +$1,385) |
| $110 | 6d | 17 Jul 2026 | $2.22 | 8/10 | $8,880 | $9,986 | 64% | 74% | +$2,689 | -$0 | 0.0% | $1,514 (vs do-nothing $-2,424) |
| $112 | 13d | 24 Jul 2026 | $5.15 | 7/10 | $8,319 | $10,868 | 64% | 75% | +$2,795 | -$0 | 0.0% | $4,522 (vs do-nothing +$585) |
| $112 | 20d | 31 Jul 2026 | $6.05 | 9/10 | $8,167 | $7,831 | 62% | 73% | +$1,819 | -$0 | 0.0% | $5,499 (vs do-nothing +$1,562) |
| $111 | 13d | 24 Jul 2026 | $5.50 | 7/10 | $8,885 | $11,433 | 62% | 74% | +$2,778 | -$0 | 0.0% | $4,767 (vs do-nothing +$830) |
| $111 | 20d | 31 Jul 2026 | $6.30 | 9/10 | $8,505 | $8,169 | 61% | 72% | +$1,662 | -$0 | 0.0% | $5,724 (vs do-nothing +$1,787) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $110 | 13d | 24 Jul 2026 | $5.90 | 6/10 | $8,169 | $12,160 | 59% | 73% | +$2,398 | -$0 | 0.0% | $4,328 (vs do-nothing +$390) |
| $109 | 6d | 17 Jul 2026 | $2.57 | 7/10 | $8,995 | $11,544 | 59% | 72% | +$2,319 | -$0 | 0.0% | $1,362 (vs do-nothing $-2,576) |
| $110 | 20d | 31 Jul 2026 | $6.85 | 8/10 | $8,220 | $9,326 | 59% | 71% | +$1,670 | -$0 | 0.0% | $5,218 (vs do-nothing +$1,280) |
| $109 | 13d | 24 Jul 2026 | $6.25 | 6/10 | $8,654 | $12,645 | 57% | 71% | +$2,306 | -$0 | 0.0% | $3,938 (vs do-nothing $-0) |
| $109 | 20d | 31 Jul 2026 | $7.25 | 8/10 | $8,700 | $9,806 | 57% | 70% | +$1,655 | -$0 | 0.0% | $4,738 (vs do-nothing +$800) |
| $108 | 20d | 31 Jul 2026 | $7.70 | 7/10 | $8,085 | $10,634 | 55% | 69% | +$1,462 | -$0 | 0.0% | $4,253 (vs do-nothing +$315) |
| $108 | 13d | 24 Jul 2026 | $6.80 | 5/10 | $7,846 | $13,279 | 54% | 70% | +$2,042 | -$0 | 0.0% | $3,713 (vs do-nothing $-225) |
| $108 | 6d | 17 Jul 2026 | $3.00 | 6/10 | $9,000 | $12,991 | 54% | 69% | +$2,015 | -$0 | 0.0% | $1,388 (vs do-nothing $-2,550) |
| $107 | 20d | 31 Jul 2026 | $8.10 | 7/10 | $8,505 | $11,054 | 53% | 68% | +$1,398 | -$0 | 0.0% | $3,833 (vs do-nothing $-105) |
| $107 | 13d | 24 Jul 2026 | $7.30 | 5/10 | $8,423 | $13,856 | 52% | 68% | +$1,547 | -$0 | 0.0% | $3,463 (vs do-nothing $-475) |
| $106 | 20d | 31 Jul 2026 | $8.55 | 7/10 | $8,978 | $11,526 | 50% | 67% | +$1,360 | -$0 | 0.0% | $3,448 (vs do-nothing $-490) |
| $106 | 13d | 24 Jul 2026 | $7.75 | 5/10 | $8,942 | $14,375 | 50% | 67% | +$1,486 | -$0 | 0.0% | $3,188 (vs do-nothing $-750) |
| $107 | 6d | 17 Jul 2026 | $3.45 | 5/10 | $8,625 | $14,058 | 49% | 67% | +$1,590 | -$243 | 0.9% | $1,538 (vs do-nothing $-2,400) |
| $106 | 6d | 17 Jul 2026 | $4.00 | 4/10 | $8,000 | $14,875 | 43% | 65% | +$1,269 | -$374 | 1.3% | $1,838 (vs do-nothing $-2,100) |
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 10 contracts at the conservative CC.