10 contracts (1,000 sh) | BE SS: $108.93 | CC-SS: $110.37 | IV: HIGH | Accounts: Main:1299
| Max Loss | $47,850 | (ND $27.85 + SW $20) x 1000 |
| Normal income ref | $16,015/mo | 95% ann ROI on ML |
| Hedge rolling cost | $1,778/mo | |
| Unrealized P&L | $-3,130 | 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 | 74% | $8,050 | $3,129 |
| 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 | 11.8% | 93% | 13% | $360 | $1,800 | -$6,250 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 9 × $120 11.8% OTM over spot $107.36 17 Jul 2026 (6d, $0.41 mid) = $360 credit for the 6d cycle → $1,800/mo projected Survival (stays ≤ $120) 93% Breach risk 7% POP (stays ≤ $120.41) 94% EV / mo +$1,238 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.1-0.4] median · 91% of paths whole by 9 mo (vs 100% without) · ~0.5 challenges expected · median CC cash $-10 🛡 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) 7% Flat exit net (mid-life) -$2,122 Free roll-up +$12/wk Safest escape (by 24 Jul 2026) $134 @ 87% POP 83% 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: $3.90/sh now → $2.76 mid-life (likely $2.01–$4.09) → ≈ $0 at expiry | you banked $0.40/sh, so a flat mid-life exit nets -$2.36/sh | roll rows are incremental, the banked premium stays yours 📊 Across 223 simulated challenges: the $120 strike is typically first touched on day 5 of 6, at $122 (overshoots $1.91). 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 $110.37: 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 $0.40 collected) or spot ≥ $120.41 (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 $113.71 (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 $110.37, where you are whole again, by expiry) Starting unrealized P&L: $-3,130 + Fortress recovery (un-capped): +$2,771 − CC assignment net of premium (9 × $120): -$0 + Conservative CC premium (1 × $109): +$503 Total Position P&L @ SS: $144 (+$3,274 vs today) Do-nothing baseline at SS: $4,672 (this trade vs do-nothing: $-4,528, the opportunity cost of earning $1,800/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 10 × $118 | 17 Jul | 6d | 9.9% | 91% | 19% | $550 | $2,750 | -$5,300 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $118 9.9% OTM over spot $107.36 17 Jul 2026 (6d, $0.57 mid) = $550 credit for the 6d cycle → $2,750/mo projected Survival (stays ≤ $118) 91% Breach risk 9% POP (stays ≤ $118.58) 92% EV / mo +$1,707 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.2 mo [0.1-0.5] median · 90% of paths whole by 9 mo (vs 100% without) · ~0.8 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) 11% Flat exit net (mid-life) -$2,162 Free roll-up +$12/wk Safest escape (by 24 Jul 2026) $133 @ 88% POP 85% 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: $3.84/sh now → $2.71 mid-life (likely $2.30–$4.30) → ≈ $0 at expiry | you banked $0.55/sh, so a flat mid-life exit nets -$2.16/sh | roll rows are incremental, the banked premium stays yours 📊 Across 342 simulated challenges: the $118 strike is typically first touched on day 4 of 6, at $120 (overshoots $1.95). 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 ✓ $118 is at/above CC-SS $110.37: 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 < $0.14/sh (~25% of the $0.55 collected) or spot ≥ $118.58 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $118)); NOT the premium you collected. Momentum override: two daily closes above $113.71 (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 $110.37, where you are whole again, by expiry) Starting unrealized P&L: $-3,130 + Fortress recovery (un-capped): +$2,771 − CC assignment net of premium (10 × $118): -$0 Total Position P&L @ SS: $-359 (+$2,771 vs today) Do-nothing baseline at SS: $4,672 (this trade vs do-nothing: $-5,031, the opportunity cost of earning $2,750/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 10 × $114 | 17 Jul | 6d | 6.2% | 81% | 39% | $1,140 | $5,700 | -$2,350 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $114 6.2% OTM over spot $107.36 17 Jul 2026 (6d, $1.17 mid) = $1,140 credit for the 6d cycle → $5,700/mo projected Survival (stays ≤ $114) 81% Breach risk 19% POP (stays ≤ $115.17) 85% EV / mo +$2,828 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.1-0.4] median · 96% of paths whole by 9 mo (vs 100% without) · ~1.4 challenges expected · median CC cash $725 🛡 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) 26% Flat exit net (mid-life) -$1,480 Free roll-up +$12/wk Safest escape (by 24 Jul 2026) $131 @ 90% 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: $3.71/sh now → $2.62 mid-life (likely $2.53–$4.35) → ≈ $0 at expiry | you banked $1.14/sh, so a flat mid-life exit nets -$1.48/sh | roll rows are incremental, the banked premium stays yours 📊 Across 794 simulated challenges: the $114 strike is typically first touched on day 4 of 6, at $116 (overshoots $1.83). 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 $110.37: 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 $1.14 collected) or spot ≥ $115.17 (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 $113.71 (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 $110.37, where you are whole again, by expiry) Starting unrealized P&L: $-3,130 + Fortress recovery (un-capped): +$2,771 − CC assignment net of premium (10 × $114): -$0 Total Position P&L @ SS: $-359 (+$2,771 vs today) Do-nothing baseline at SS: $4,672 (this trade vs do-nothing: $-5,031, the opportunity cost of earning $5,700/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 10 × $112 | 17 Jul | 6d | 4.3% | 74% | 38% | $1,610 | $8,050 | — | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $112 4.3% OTM over spot $107.36 17 Jul 2026 (6d, $1.66 mid) = $1,610 credit for the 6d cycle → $8,050/mo projected Survival (stays ≤ $112) 74% Breach risk 26% POP (stays ≤ $113.66) 80% EV / mo +$3,399 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 0.1 mo [0.1-0.4] median · 97% of paths whole by 9 mo (vs 100% without) · ~1.7 challenges expected · median CC cash $1,491 🛡 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) 38% Flat exit net (mid-life) -$964 Free roll-up +$12/wk Safest escape (by 24 Jul 2026) $129 @ 90% 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: $3.64/sh now → $2.57 mid-life (likely $2.80–$4.57) → ≈ $0 at expiry | you banked $1.61/sh, so a flat mid-life exit nets -$0.96/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,147 simulated challenges: the $112 strike is typically first touched on day 3 of 6, at $114 (overshoots $1.83). 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 $110.37: 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 $1.61 collected) or spot ≥ $113.66 (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 $113.71 (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 $110.37, where you are whole again, by expiry) Starting unrealized P&L: $-3,130 + Fortress recovery (un-capped): +$2,771 − CC assignment net of premium (10 × $112): -$0 Total Position P&L @ SS: $-359 (+$2,771 vs today) Do-nothing baseline at SS: $4,672 (this trade vs do-nothing: $-5,031, the opportunity cost of earning $8,050/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 10 × $107 | 17 Jul | 6d | -0.3% | 49% | 99+% | $3,550 | $17,750 | +$9,700 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 10 × $107 0.3% ITM over spot $107.36 17 Jul 2026 (6d, $3.62 mid) = $3,550 credit for the 6d cycle → $17,750/mo projected Survival (stays ≤ $107) 49% Breach risk 51% POP (stays ≤ $110.62) 68% EV / mo +$4,276 🛡 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) +$1,091 Free roll-up +$12/wk Safest escape (by 24 Jul 2026) $124 @ 91% POP 89% 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: $3.48/sh now → $2.46 mid-life → ≈ $0 at expiry | you banked $3.55/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 at/above CC-SS $110.37: 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 < $0.89/sh (~25% of the $3.55 collected) or spot ≥ $110.62 (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 $113.71 (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 $110.37, where you are whole again, by expiry) Starting unrealized P&L: $-3,130 + Fortress recovery (un-capped): +$2,771 − CC assignment net of premium (10 × $107): -$0 Total Position P&L @ SS: $-359 (+$2,771 vs today) Do-nothing baseline at SS: $4,672 (this trade vs do-nothing: $-5,031, the opportunity cost of earning $17,750/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (3 expiries scanned, 30 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: 0.921 (IBKR) | Recovery@SS: +$2,771 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $4,672
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $119 | 13d | 24 Jul 2026 | $3.56 | 10/10 | $8,221 | $6,443 | 78% | 84% | +$4,619 | -$0 | 0.0% | $3,204 (vs do-nothing $-1,469) |
| $118 | 13d | 24 Jul 2026 | $3.83 | 10/10 | $8,835 | $7,057 | 77% | 83% | +$4,786 | -$0 | 0.0% | $3,470 (vs do-nothing $-1,203) |
| $117 | 13d | 24 Jul 2026 | $4.10 | 9/10 | $8,524 | $8,222 | 75% | 82% | +$4,437 | -$0 | 0.0% | $3,838 (vs do-nothing $-834) |
| $112 | 6d | 17 Jul 2026 | $1.61 | 10/10 | $8,050 | $6,272 | 74% | 80% | +$3,399 | -$0 | 0.0% | $1,251 (vs do-nothing $-3,421) |
| $116 | 13d | 24 Jul 2026 | $4.37 | 8/10 | $8,068 | $9,243 | 73% | 81% | +$4,003 | -$0 | 0.0% | $4,143 (vs do-nothing $-529) |
| $115 | 13d | 24 Jul 2026 | $4.70 | 8/10 | $8,682 | $9,857 | 71% | 80% | +$4,145 | -$0 | 0.0% | $4,409 (vs do-nothing $-263) |
| $111 | 6d | 17 Jul 2026 | $1.91 | 9/10 | $8,595 | $8,294 | 70% | 78% | +$3,323 | -$0 | 0.0% | $1,863 (vs do-nothing $-2,809) |
| $114 | 13d | 24 Jul 2026 | $5.03 | 7/10 | $8,133 | $10,786 | 69% | 79% | +$3,713 | -$0 | 0.0% | $4,675 (vs do-nothing +$3) |
| $113 | 13d | 24 Jul 2026 | $5.37 | 7/10 | $8,671 | $11,323 | 67% | 78% | +$3,759 | -$0 | 0.0% | $4,908 (vs do-nothing +$236) |
| $114 | 20d | 31 Jul 2026 | $5.35 | 10/10 | $8,025 | $6,247 | 66% | 75% | +$2,075 | -$0 | 0.0% | $4,991 (vs do-nothing +$319) |
| $110 | 6d | 17 Jul 2026 | $2.23 | 8/10 | $8,920 | $10,095 | 65% | 75% | +$3,067 | -$0 | 0.0% | $2,136 (vs do-nothing $-2,536) |
| $113 | 20d | 31 Jul 2026 | $5.75 | 10/10 | $8,625 | $6,847 | 65% | 75% | +$2,193 | -$0 | 0.0% | $5,391 (vs do-nothing +$719) |
| $112 | 13d | 24 Jul 2026 | $5.75 | 7/10 | $9,284 | $11,937 | 64% | 77% | +$3,841 | -$0 | 0.0% | $5,174 (vs do-nothing +$502) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $112 | 20d | 31 Jul 2026 | $5.95 | 9/10 | $8,033 | $7,731 | 63% | 73% | +$1,781 | -$0 | 0.0% | $5,499 (vs do-nothing +$827) |
| $111 | 13d | 24 Jul 2026 | $6.14 | 6/10 | $8,497 | $12,627 | 62% | 76% | +$3,339 | -$0 | 0.0% | $5,336 (vs do-nothing +$664) |
| $111 | 20d | 31 Jul 2026 | $5.85 | 10/10 | $8,775 | $6,997 | 61% | 72% | +$1,281 | -$0 | 0.0% | $5,491 (vs do-nothing +$819) |
| $109 | 6d | 17 Jul 2026 | $2.66 | 7/10 | $9,310 | $11,962 | 60% | 73% | +$2,970 | -$0 | 0.0% | $2,054 (vs do-nothing $-2,618) |
| $110 | 13d | 24 Jul 2026 | $6.54 | 6/10 | $9,050 | $13,179 | 59% | 75% | +$3,360 | -$0 | 0.0% | $5,354 (vs do-nothing +$682) |
| $110 | 20d | 31 Jul 2026 | $6.90 | 8/10 | $8,280 | $9,455 | 59% | 72% | +$1,820 | -$0 | 0.0% | $5,872 (vs do-nothing +$1,200) |
| $109 | 13d | 24 Jul 2026 | $6.40 | 6/10 | $8,862 | $12,991 | 57% | 71% | +$1,975 | -$0 | 0.0% | $4,672 (vs do-nothing +$0) |
| $109 | 20d | 31 Jul 2026 | $7.30 | 8/10 | $8,760 | $9,935 | 57% | 71% | +$1,806 | -$0 | 0.0% | $5,392 (vs do-nothing +$720) |
| $108 | 20d | 31 Jul 2026 | $7.80 | 7/10 | $8,190 | $10,842 | 55% | 70% | +$1,648 | -$0 | 0.0% | $4,952 (vs do-nothing +$280) |
| $108 | 6d | 17 Jul 2026 | $3.05 | 6/10 | $9,150 | $13,279 | 55% | 70% | +$2,488 | -$0 | 0.0% | $2,062 (vs do-nothing $-2,610) |
| $108 | 13d | 24 Jul 2026 | $6.85 | 6/10 | $9,485 | $13,614 | 55% | 70% | +$1,989 | -$0 | 0.0% | $4,342 (vs do-nothing $-330) |
| $107 | 20d | 31 Jul 2026 | $8.15 | 7/10 | $8,558 | $11,210 | 53% | 69% | +$1,532 | -$0 | 0.0% | $4,497 (vs do-nothing $-175) |
| $107 | 13d | 24 Jul 2026 | $7.30 | 5/10 | $8,423 | $14,029 | 52% | 69% | +$1,636 | -$0 | 0.0% | $4,122 (vs do-nothing $-550) |
| $106 | 20d | 31 Jul 2026 | $8.60 | 7/10 | $9,030 | $11,682 | 51% | 68% | +$1,494 | -$0 | 0.0% | $4,112 (vs do-nothing $-560) |
| $106 | 13d | 24 Jul 2026 | $7.80 | 5/10 | $9,000 | $14,606 | 50% | 68% | +$1,639 | -$0 | 0.0% | $3,872 (vs do-nothing $-800) |
| $107 | 6d | 17 Jul 2026 | $3.55 | 5/10 | $8,875 | $14,481 | 49% | 68% | +$2,138 | -$0 | 0.0% | $2,247 (vs do-nothing $-2,425) |
| $106 | 6d | 17 Jul 2026 | $4.10 | 4/10 | $8,200 | $15,283 | 44% | 66% | +$1,728 | -$108 | 0.4% | $2,552 (vs do-nothing $-2,120) |
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.