FORTRESS FIGHT: PORTFOLIO

46 fortress slices across 4 account(s) | 19 deep drawdown (FIGHT) | 3 underwater (not deep DD) | 0 uncapped above water | 24 capped (out of scope)

FIGHT income if all primaries filled: $163,294/mo (51% of normal target)

⚠ EARNINGS WATCH , do not sell FIGHT income whose expiry crosses these

BMNR 2026-07-16 · TODAYNEM 2026-07-24 · 8dGLXY 2026-07-28 · 12dENPH 2026-07-29 · 13dMARA 2026-07-29 · 13dCOIN 2026-07-31 · 15dMSTR 2026-07-31 · 15dRIOT 2026-07-31 · 15dCLSK 2026-08-07 · 22dRKLB 2026-08-07 · 22d

Red = an expiry you would sell already crosses earnings; amber = within 21 days. Click a fortress for the full banner and safe-tenor guidance.

⚔ FIGHT: underwater & uncapped every ladder rung side by side; 🎯 = the recommended pick | click a rung for its roll menu + decision panel, ESC closes | fortress link = full dashboard

POSITION				INCOME LADDER · SAFEST ⟶ RICHEST				RECOVERY
Fortress	Ct	Price	CC-SS	🛡 Safe yield	33% normal	50% normal	100% normal	Banked	Cap @ CC-SS	↑ whole
COPX ↗ ⚐ Joint:1782 · Next Fri	1	$75.83	$94.74	🎯 1 × $85 $5 cyc · $19/mo 95% surv · T:44%	1 × $79 $65 cyc · $244/mo 74% surv · T:54%	—	1 × $77 $135 cyc · $506/mo 60% surv · T:82%	$35	-$969 (34.1% IC)	24.9%
ETHA ↗ 🎯 cover hedge 50 × $16 Main:1299 · Next Fri	50	$14.20	$17.92	—	31 × $15 $372 cyc · $1,395/mo 80% surv · T:41%	46 × $15 $552 cyc · $2,070/mo 80% surv · T:41%	43 × $14.50 $1,118 cyc · $4,193/mo 63% surv · T:75%	-	-$9,457 (43.7% IC)	26.2%
MU-LC970 ↗ Neville:0865 · Next Fri	2	$876.15	$1,249.24	2 × $1060 $1,740 cyc · $6,525/mo 90% surv · T:20%	🎯 2 × $1017.50 $2,860 cyc · $10,725/mo 86% surv · T:34%	2 × $980 $4,250 cyc · $15,938/mo 79% surv · T:43%	2 × $910 $8,540 cyc · $32,025/mo 62% surv · T:80%	$2,449	-$43,488 (87.0% IC)	42.6%
CLSK ↗ RetireInc:7291 · Next Fri	25	$13.89	$16.74	25 × $1815d $225 cyc · $450/mo 92% surv · T:18%	🎯 24 × $16 $456 cyc · $1,710/mo 86% surv · T:58%	12 × $14.50 $684 cyc · $2,565/mo 65% surv · T:74%	24 × $14.50 $1,368 cyc · $5,130/mo 65% surv · T:74%	-	-$1,330 (14.2% IC)	20.5%
CRWV ↗ Neville:0865 · Next Fri	5	$75.04	$129.01	5 × $89 $315 cyc · $1,181/mo 90% surv · T:20%	🎯 5 × $86 $500 cyc · $1,875/mo 85% surv · T:32%	5 × $83 $775 cyc · $2,906/mo 79% surv · T:44%	5 × $78 $1,485 cyc · $5,569/mo 64% surv · T:76%	$1,311	-$21,004 (205.4% IC)	71.9%
MSTR ↗ RetireInc:7291 · Next Fri	4	$95.48	$166.02	4 × $112 $276 cyc · $1,035/mo 91% surv · T:19%	🎯 4 × $108 $456 cyc · $1,710/mo 85% surv · T:40%	4 × $104 $748 cyc · $2,805/mo 77% surv · T:48%	4 × $98.50 $1,380 cyc · $5,175/mo 62% surv · T:79%	-	-$22,750 (474.0% IC)	73.9%
RKLB ↗ RetireInc:7291 · Next Fri	6	$72.62	$147.17	6 × $86 $300 cyc · $1,125/mo 91% surv · T:18%	6 × $82 $588 cyc · $2,205/mo 84% surv · T:34%	🎯 6 × $80 $822 cyc · $3,082/mo 79% surv · T:32%	6 × $75 $1,674 cyc · $6,278/mo 62% surv · T:79%	-	-$39,482 (247.8% IC)	102.7%
NEM ↗ Main:1299 · Next Fri	5	$93.82	$118.60	—	4 × $101 $256 cyc · $960/mo 82% surv · T:37%	🎯 5 × $100 $415 cyc · $1,556/mo 79% surv · T:33%	5 × $95 $840 cyc · $3,150/mo 58% surv · T:88%	$408	-$8,884 (65.7% IC)	26.4%
BMNR-LC10 ↗ RetireInc:7291 · Next Fri	50	$15.61	$19.36	—	🎯 45 × $17.50 $765 cyc · $2,869/mo 83% surv · T:35%	44 × $17 $1,144 cyc · $4,290/mo 77% surv · T:48%	44 × $16 $2,288 cyc · $8,580/mo 60% surv · T:83%	-	-$7,599 (24.3% IC)	24.1%
MARA-LC40 ↗ ⚐ Main:1299 · Next Fri	200	$12.03	$14.44	200 × $14.50 $1,400 cyc · $5,250/mo 92% surv · T:17%	🎯 141 × $13.50 $3,102 cyc · $11,632/mo 82% surv · T:42%	135 × $13 $4,725 cyc · $17,719/mo 74% surv · T:55%	192 × $12.50 $9,408 cyc · $35,280/mo 64% surv · T:76%	-	-$10,212 (92.8% IC)	20.1%
MARA-LC25 ↗ Neville:0865 · Next Fri	250	$12.03	$15.45	250 × $14.50 $1,750 cyc · $6,562/mo 92% surv · T:17%	🎯 177 × $13.50 $3,894 cyc · $14,602/mo 82% surv · T:41%	168 × $13 $5,880 cyc · $22,050/mo 74% surv · T:55%	240 × $12.50 $11,760 cyc · $44,100/mo 64% surv · T:76%	$6	-$30,615 (87.5% IC)	28.4%
ENPH ↗ RetireInc:7291 · Next Fri	10	$42.56	$59.22	10 × $50 $210 cyc · $788/mo 90% surv · T:21%	8 × $46.50 $512 cyc · $1,920/mo 77% surv · T:47%	🎯 8 × $45.50 $736 cyc · $2,760/mo 69% surv · T:51%	10 × $43.50 $1,490 cyc · $5,588/mo 59% surv · T:88%	$806	-$10,240 (140.3% IC)	39.1%
BBC · LEGACY STRUCTURES known structurally inefficient and not being restructured; the plan is CC income while the underlying repairs, so treat any REBUILD / restructure verdict on these as informational
GLXY ↗ Main:1299 · Next Fri	125	$23.72	$34.39	🎯 125 × $29 $1,125 cyc · $4,219/mo 92% surv · T:40%	79 × $26 $3,950 cyc · $14,812/mo 75% surv · T:53%	119 × $26 $5,950 cyc · $22,312/mo 75% surv · T:53%	104 × $24 $11,960 cyc · $44,850/mo 56% surv · T:93%	$1,754	-$66,242 (239.8% IC)	45.0%
BMNR-LC25 ↗ Main:1299 · Next Fri	50	$15.61	$54.39	50 × $18.50 $350 cyc · $1,312/mo 91% surv · T:19%	🎯 45 × $17.50 $765 cyc · $2,869/mo 83% surv · T:35%	44 × $17 $1,144 cyc · $4,290/mo 77% surv · T:48%	44 × $16 $2,288 cyc · $8,580/mo 60% surv · T:83%	-	-$165,248 (174.8% IC)	248.6%
BMNR-LC23-1299 ↗ Main:1299 · Next Fri	75	$15.61	$36.83	75 × $18.50 $525 cyc · $1,969/mo 91% surv · T:19%	🎯 67 × $17.50 $1,139 cyc · $4,271/mo 83% surv · T:34%	66 × $17 $1,716 cyc · $6,435/mo 77% surv · T:48%	66 × $16 $3,432 cyc · $12,870/mo 60% surv · T:83%	-	-$128,345 (0.0% IC)	136.0%
BMNR-LC23-1782 ↗ Joint:1782 · Next Fri	150	$15.61	$20.71	150 × $18.50 $1,050 cyc · $3,938/mo 91% surv · T:19%	🎯 133 × $17.50 $2,261 cyc · $8,479/mo 83% surv · T:35%	132 × $17 $3,432 cyc · $12,870/mo 77% surv · T:48%	132 × $16 $6,864 cyc · $25,740/mo 60% surv · T:83%	-	-$40,416 (0.0% IC)	32.7%
COIN-LC500 ↗ ⚐ Main:1299 · Next Fri	17	$163.45	$331.84	17 × $190 $1,530 cyc · $5,738/mo 91% surv · T:18%	🎯 15 × $180 $2,940 cyc · $11,025/mo 82% surv · T:40%	16 × $175 $4,592 cyc · $17,220/mo 75% surv · T:52%	16 × $165 $9,200 cyc · $34,500/mo 56% surv · T:93%	-	-$224,822 (209.9% IC)	103.0%
MARA-LC20-1782 ↗ Joint:1782 · Next Fri	50	$12.03	$19.23	50 × $14.50 $350 cyc · $1,312/mo 92% surv · T:17%	🎯 36 × $13.50 $792 cyc · $2,970/mo 82% surv · T:42%	34 × $13 $1,190 cyc · $4,462/mo 74% surv · T:55%	48 × $12.50 $2,352 cyc · $8,820/mo 64% surv · T:76%	-	-$19,831 (91.6% IC)	59.8%
MARA-LC20-1299 ↗ Main:1299 · Next Fri	200	$12.03	$18.23	200 × $14.50 $1,400 cyc · $5,250/mo 92% surv · T:17%	🎯 141 × $13.50 $3,102 cyc · $11,632/mo 82% surv · T:42%	135 × $13 $4,725 cyc · $17,719/mo 74% surv · T:55%	192 × $12.50 $9,408 cyc · $35,280/mo 64% surv · T:76%	-	-$63,647 (837.5% IC)	51.6%
TOTAL (19)	1275	following every 🎯 $26,285 cyc · $98,569/mo		$12,551 cyc · $46,672/mo 16 of 19	$28,775 cyc · $107,906/mo	$43,480 cyc · $163,050/mo 18 of 19	$86,990 cyc · $326,212/mo	$6,768	-$914,582

Move	New strike ≈	New expiry	Tenor	Est net	Total (1 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Roll out (same strike, buy time)	~$85	31 Jul 2026	11d left	+$0.12/sh	+$12 cycle +$17 [+$1…+$77] · 76% credit	64% surv 52%	-$947 NOT cap gain +$868
Up-and-out for even (raise the cap, free)	~$85	31 Jul 2026	11d left	+$0.01/sh	+$1 cycle +$6 [-$12…+$66] · 64% credit	65% surv 53%	-$942 NOT cap gain +$873
Max even-money escape in the band	~$87	7 Aug 2026	18d left	+$0.02/sh	+$2 cycle +$7 [-$13…+$73] · 64% credit	70% surv 61%	-$756 NOT cap gain +$1,059
SS $93 not reachable for even money within 45d; this is the ceiling of the free ladder

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $84.15	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $84-85.40	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $85.40	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$85.00 (1.8σ)	$5	$-959	+$856	+$0
+2.5%	$87.12 (2.2σ)	$-207	$-974	+$841	-$200
+5%	$89.25 (2.6σ)	$-420	$-990	+$825	-$200
SS (= V-bounce)	$93.40 (3.4σ)	$-835	$-1,020	+$795	-$200

Move	New strike ≈	New expiry	Tenor	Est net	Total (1 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)	~$80	7 Aug 2026	18d left	+$0.61/sh	+$61 cycle +$126 [+$7…+$63] · 80% credit	67% surv 55%	-$1,332 NOT cap gain +$483
Roll out (same strike, buy time)	~$79	31 Jul 2026	11d left	+$0.10/sh	+$10 cycle +$75 [-$45…+$8] · 31% credit	64% surv 52%	-$1,446 NOT cap gain +$369
Max even-money escape in the band	~$81	7 Aug 2026	18d left	+$0.12/sh	+$12 cycle +$77 [-$53…+$9] · 31% credit	69% surv 60%	-$1,289 NOT cap gain +$526
SS $93 not reachable for even money within 45d; this is the ceiling of the free ladder
Up-and-out for even (raise the cap, free)	~$79	31 Jul 2026	11d left	+$0.00/sh	+$0 cycle +$65 [-$58…-$2] · 23% credit	64% surv 53%	-$1,440 NOT cap gain +$375
Safety roll (pay small debit, max POP)	~$81	31 Jul 2026	11d left	-$0.55/sh	-$55 cycle +$10 [-$121…-$63] · 5% credit	72% surv 64%	-$1,310 NOT cap gain +$505
budget: banked $65 debit $55 (85% used ≈ 1.0 wk of income) → whole cycle still +$10 cash · rolled 1 ct earn ≈ $406/mo while parked; 0 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $78.21	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $78-80.03	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $80.03	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$79.00 (≤1σ, normal week)	$65	$-1,456	+$359	+$60
+2.5%	$80.97 (≤1σ, normal week)	$-132	$-1,470	+$345	-$137
+5%	$82.95 (1.4σ)	$-330	$-1,484	+$331	-$335
SS (= V-bounce)	$93.40 (3.4σ)	$-1,375	$-1,560	+$255	-$740

Move	New strike ≈	New expiry	Tenor	Est net	Total (1 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)	~$77	7 Aug 2026	18d left	+$0.77/sh	+$77 cycle +$212 [+$8…+$47] · 82% credit	66% surv 53%	-$1,479 NOT cap gain +$336
Roll out (same strike, buy time)	~$77	31 Jul 2026	11d left	+$0.10/sh	+$10 cycle +$145 [-$62…-$21] · 13% credit	64% surv 52%	-$1,562 NOT cap gain +$253
Max even-money escape in the band	~$79	7 Aug 2026	18d left	+$0.08/sh	+$8 cycle +$143 [-$75…-$28] · 12% credit	69% surv 60%	-$1,409 NOT cap gain +$406
SS $93 not reachable for even money within 45d; this is the ceiling of the free ladder
Safety roll (pay small debit, max POP)	~$82	31 Jul 2026	11d left	-$1.34/sh	-$134 cycle +$1 [-$248…-$179]	82% surv 80%	-$1,225 NOT cap gain +$590
budget: banked $135 debit $134 (99% used ≈ 1.1 wk of income) → whole cycle still +$1 cash · rolled 1 ct earn ≈ $164/mo while parked; 0 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $76.23	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $76-78.72	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $78.72	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$77.00 (≤1σ, normal week)	$135	$-1,571	+$244	+$130
+2.5%	$78.92 (≤1σ, normal week)	$-57	$-1,585	+$230	-$62
+5%	$80.85 (≤1σ, normal week)	$-250	$-1,599	+$216	-$255
SS (= V-bounce)	$93.40 (3.4σ)	$-1,505	$-1,690	+$125	-$870

Move	New strike ≈	New expiry	Tenor	Est net	Total (31 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Roll out (same strike, buy time)	~$15	31 Jul 2026	11d left	+$0.14/sh	+$446 cycle +$818 [+$283…+$523] · 99% credit	66% surv 52%	-$14,183 NOT cap gain +$4,967
Up-and-out for even (raise the cap, free)	~$15	31 Jul 2026	11d left	+$0.02/sh	+$75 cycle +$447 [-$139…+$123] · 45% credit	71% surv 61%	-$13,020 NOT cap gain +$6,130
Max even-money escape in the band	~$15	31 Jul 2026	11d left	+$0.02/sh	+$75 cycle +$447 [-$139…+$123] · 45% credit	71% surv 61%	-$13,020 NOT cap gain +$6,130
SS $17 not reachable for even money within 45d; this is the ceiling of the free ladder
Safety roll (pay small debit, max POP)	~$16	7 Aug 2026	18d left	-$0.04/sh	-$118 cycle +$254 [-$464…-$87] · 18% credit	76% surv 70%	-$10,655 NOT cap gain +$8,495
budget: banked $372 debit $118 (32% used ≈ 0.4 wk of income) → whole cycle still +$254 cash · rolled 31 ct earn ≈ $1,682/mo while parked; 19 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $14.85	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $15-15.13	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $15.13	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$15.00 (≤1σ, normal week)	$372	$-14,629	+$4,521	+$279
+2.5%	$15.37 (1.2σ)	$-790	$-13,873	+$5,277	-$883
+5%	$15.75 (1.5σ)	$-1,953	$-13,118	+$6,032	-$2,046
SS (= V-bounce)	$17.33 (3.1σ)	$-6,851	$-9,934	+$9,216	-$6,944

Move	New strike ≈	New expiry	Tenor	Est net	Total (46 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Roll out (same strike, buy time)	~$15	31 Jul 2026	11d left	+$0.14/sh	+$663 cycle +$1,215 [+$430…+$772] · 98% credit	66% surv 52%	-$13,831 NOT cap gain +$5,319
Up-and-out for even (raise the cap, free)	~$15	31 Jul 2026	11d left	+$0.02/sh	+$111 cycle +$663 [-$188…+$177] · 43% credit	71% surv 61%	-$12,849 NOT cap gain +$6,301
Max even-money escape in the band	~$15	31 Jul 2026	11d left	+$0.02/sh	+$111 cycle +$663 [-$188…+$177] · 43% credit	71% surv 61%	-$12,849 NOT cap gain +$6,301
SS $17 not reachable for even money within 45d; this is the ceiling of the free ladder
Safety roll (pay small debit, max POP)	~$16	7 Aug 2026	18d left	-$0.04/sh	-$175 cycle +$377 [-$647…-$139] · 18% credit	76% surv 70%	-$10,577 NOT cap gain +$8,573
budget: banked $552 debit $175 (32% used ≈ 0.4 wk of income) → whole cycle still +$377 cash · rolled 46 ct earn ≈ $2,495/mo while parked; 4 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $14.85	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $15-15.13	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $15.13	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$15.00 (≤1σ, normal week)	$552	$-14,494	+$4,656	+$414
+2.5%	$15.37 (1.2σ)	$-1,173	$-14,301	+$4,849	-$1,311
+5%	$15.75 (1.5σ)	$-2,898	$-14,108	+$5,042	-$3,036
SS (= V-bounce)	$17.33 (3.1σ)	$-10,166	$-13,294	+$5,856	-$10,304

Move	New strike ≈	New expiry	Tenor	Est net	Total (43 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Roll out (same strike, buy time)	~$14	31 Jul 2026	11d left	+$0.13/sh	+$578 cycle +$1,696 [+$275…+$485] · 97% credit	66% surv 52%	-$15,898 NOT cap gain +$3,252
Up-and-out for even (raise the cap, free)	~$15	31 Jul 2026	11d left	+$0.01/sh	+$62 cycle +$1,180 [-$319…-$65] · 18% credit	71% surv 61%	-$14,880 NOT cap gain +$4,270
Max even-money escape in the band	~$15	31 Jul 2026	11d left	+$0.01/sh	+$62 cycle +$1,180 [-$319…-$65] · 18% credit	71% surv 61%	-$14,880 NOT cap gain +$4,270
SS $17 not reachable for even money within 45d; this is the ceiling of the free ladder
Safety roll (pay small debit, max POP)	~$16	31 Jul 2026	11d left	-$0.24/sh	-$1,018 cycle +$100 [-$1,802…-$1,293]	87% surv 85%	-$10,845 NOT cap gain +$8,305
budget: banked $1,118 debit $1,018 (91% used ≈ 1.1 wk of income) → whole cycle still +$100 cash · rolled 43 ct earn ≈ $1,201/mo while parked; 7 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $14.36	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $14-14.77	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $14.77	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$14.50 (≤1σ, normal week)	$1,118	$-16,477	+$2,674	+$989
+2.5%	$14.86 (≤1σ, normal week)	$-441	$-16,181	+$2,969	-$570
+5%	$15.23 (1.0σ)	$-2,000	$-15,886	+$3,264	-$2,129
SS (= V-bounce)	$17.33 (3.1σ)	$-11,051	$-14,170	+$4,980	-$11,180

Move	New strike ≈	New expiry	Tenor	Est net	Total (125 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Max even-money escape in the band	~$30	7 Aug 2026	18d left	+$0.32/sh	+$4,039 cycle +$5,164 [+$276…+$8,599] · 76% credit	72% surv 62%	-$39,452 NOT cap gain +$73,798
SS $40 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)	~$29	31 Jul 2026	11d left	+$0.13/sh	+$1,638 cycle +$2,763 [-$1,896…+$5,742] · 62% credit	67% surv 54%	-$55,245 NOT cap gain +$58,005

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $28.71	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $29-29.27	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $29.27	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$29.00 (1.4σ)	$1,125	$-56,883	+$56,367	+$1,000
+2.5%	$29.72 (1.6σ)	$-7,937	$-58,360	+$54,890	-$8,062
+5%	$30.45 (1.8σ)	$-17,000	$-59,837	+$53,413	-$17,125
SS (= V-bounce)	$39.71 (4.3σ)	$-132,750	$-78,705	+$34,545	-$105,250

Move	New strike ≈	New expiry	Tenor	Est net	Total (79 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)	~$26	7 Aug 2026	18d left	+$0.45/sh	+$3,560 cycle +$7,510 [-$398…+$3,353] · 70% credit	69% surv 57%	-$78,910 NOT cap gain +$34,340
Max even-money escape in the band	~$27	7 Aug 2026	18d left	+$0.20/sh	+$1,592 cycle +$5,542 [-$2,401…+$1,304] · 38% credit	72% surv 63%	-$70,416 NOT cap gain +$42,834
SS $40 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)	~$26	31 Jul 2026	11d left	+$0.11/sh	+$883 cycle +$4,833 [-$2,699…+$641] · 32% credit	67% surv 54%	-$84,516 NOT cap gain +$28,734
Safety roll (pay small debit, max POP)	~$29	7 Aug 2026	18d left	-$0.39/sh	-$3,109 cycle +$841 [-$8,145…-$3,881] · 7% credit	76% surv 71%	-$59,422 NOT cap gain +$53,828
budget: banked $3,950 debit $3,109 (79% used ≈ 0.9 wk of income) → whole cycle still +$841 cash · rolled 79 ct earn ≈ $16,928/mo while parked; 46 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $25.74	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $26-26.93	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $26.93	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$26.00 (≤1σ, normal week)	$3,950	$-85,399	+$27,851	+$3,871
+2.5%	$26.65 (≤1σ, normal week)	$-1,185	$-83,734	+$29,516	-$1,264
+5%	$27.30 (≤1σ, normal week)	$-6,320	$-82,068	+$31,182	-$6,399
SS (= V-bounce)	$39.71 (4.3σ)	$-104,359	$-60,434	+$52,816	-$86,979

Move	New strike ≈	New expiry	Tenor	Est net	Total (119 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)	~$26	7 Aug 2026	18d left	+$0.45/sh	+$5,362 cycle +$11,312 [-$416…+$5,041] · 70% credit	69% surv 57%	-$75,148 NOT cap gain +$38,102
Max even-money escape in the band	~$27	7 Aug 2026	18d left	+$0.20/sh	+$2,398 cycle +$8,348 [-$3,595…+$1,954] · 39% credit	72% surv 63%	-$67,650 NOT cap gain +$45,600
SS $40 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)	~$26	31 Jul 2026	11d left	+$0.11/sh	+$1,330 cycle +$7,280 [-$4,069…+$945] · 31% credit	67% surv 54%	-$82,109 NOT cap gain +$31,141
Safety roll (pay small debit, max POP)	~$29	7 Aug 2026	18d left	-$0.39/sh	-$4,683 cycle +$1,267 [-$12,047…-$5,902] · 7% credit	76% surv 71%	-$59,037 NOT cap gain +$54,213
budget: banked $5,950 debit $4,683 (79% used ≈ 0.9 wk of income) → whole cycle still +$1,267 cash · rolled 119 ct earn ≈ $25,499/mo while parked; 6 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $25.74	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $26-26.93	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $26.93	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$26.00 (≤1σ, normal week)	$5,950	$-83,439	+$29,811	+$5,831
+2.5%	$26.65 (≤1σ, normal week)	$-1,785	$-84,374	+$28,876	-$1,904
+5%	$27.30 (≤1σ, normal week)	$-9,520	$-85,308	+$27,942	-$9,639
SS (= V-bounce)	$39.71 (4.3σ)	$-157,199	$-104,474	+$8,776	-$131,019

Move	New strike ≈	New expiry	Tenor	Est net	Total (104 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Max even-money escape in the band	~$25	7 Aug 2026	18d left	+$0.13/sh	+$1,316 cycle +$13,276 [-$5,781…-$1,992] · 11% credit	73% surv 63%	-$83,631 NOT cap gain +$29,619
SS $40 not reachable for even money within 45d; this is the ceiling of the free ladder
Roll out (same strike, buy time)	~$24	31 Jul 2026	11d left	+$0.10/sh	+$1,036 cycle +$12,996 [-$5,254…-$1,903] · 11% credit	67% surv 54%	-$97,303 NOT cap gain +$15,947
Safety roll (pay small debit, max POP)	~$31	7 Aug 2026	18d left	-$1.10/sh	-$11,445 cycle +$515 [-$22,996…-$16,142]	89% surv 88%	-$38,849 NOT cap gain +$74,401
budget: banked $11,960 debit $11,445 (96% used ≈ 1.1 wk of income) → whole cycle still +$515 cash · rolled 104 ct earn ≈ $6,758/mo while parked; 21 ct free to re-sell

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $23.76	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $24-26.23	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $26.23	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

⏱ TRIPWIRE STATUS, 26 active short call(s) 5 TRIPPED · 1 watch · 4 harvest

The one rule, applied to live marks: roll when remaining time value ≤ max($0.04, 25% of collected) or spot at/past breakeven (strike + premium). Statuses refresh on every run; challenges happen during US RTH (your night), so a TRIPPED row here means act at the open or set the order now.

Fortress

Acct

Call

Spot

Breakeven

Mark

Time value

Status

Action

GOOG-LC300

Neville:0865

15x $360C 17 Jul 2026 (1d)

$373.21

$361.87

$13.70

$0.57

TRIPPED ▸

🔵 ROLL UP-AND-OUT · the roll pays you why ▸

GOOG-LC340

Neville:0865

15x $360C 17 Jul 2026 (1d)

$373.21

$361.87

$13.70

$0.57

TRIPPED ▸

🔵 ROLL UP-AND-OUT · the roll pays you why ▸

GOOG-LC310-1299

Main:1299

10x $360C 17 Jul 2026 (1d)

$373.21

$361.79

$13.70

$0.57

TRIPPED ▸

🔵 ROLL UP-AND-OUT · the roll pays you why ▸

GOOG-LC310-1782

Joint:1782

5x $370C 17 Jul 2026 (1d)

$373.21

$370.64

$5.67

$2.55

TRIPPED ▸

🔵 ROLL UP-AND-OUT · the roll pays you why ▸

META

Main:1299

3x $630C 31 Jul 2026 (15d)

$677.61

$653.94

$65.53

$16.27

TRIPPED ▸

🟡 ROLL vs HOLD · intrinsic is the enemy why ▸

SPY

Neville:0865

12x $764C 21 Jul 2026 (5d)

$752.97

$764.39

$0.27

WATCH ▸

🟢 HOLD · theta is winning why ▸

GLD

Main:1299

10x $379C 17 Jul 2026 (1d)

$367.45

$379.86

$0.12

HARVEST ▸

🟢 HOLD · theta is winning why ▸

COPX

Joint:1782

19x $81.5C 17 Jul 2026 (1d)

$75.90

$81.90

$0.05

HARVEST ▸

🟢 HOLD · theta is winning why ▸

QCOM

RetireInc:7291

5x $190C 17 Jul 2026 (1d)

$173.21

$191.30

$0.17

HARVEST ▸

🟢 HOLD · theta is winning why ▸

SPCX

Neville:0865

5x $155C 17 Jul 2026 (1d)

$134.92

$155.80

$0.12

HARVEST ▸

🟢 HOLD · theta is winning why ▸

DELL

RetireInc:7291

3x $425C 17 Jul 2026 (1d)

$404.00

$429.66

$7.36

OK ▸

🟢 HOLD · theta is winning why ▸

COIN-LC165

Main:1299

8x $175C 17 Jul 2026 (1d)

$164.50

$176.26

$0.76

OK ▸

🟢 HOLD · theta is winning why ▸

COIN-LC500

Main:1299

8x $175C 17 Jul 2026 (1d)

$164.50

$176.26

$0.76

OK ▸

🟢 HOLD · theta is winning why ▸

APP

RetireInc:7291

1x $490C 17 Jul 2026 (1d)

$449.00

$493.00

$0.95

OK ▸

🟢 HOLD · theta is winning why ▸

NOW

Main:1299

10x $115C 17 Jul 2026 (1d)

$103.86

$115.42

$0.18

OK ▸

🟢 HOLD · theta is winning why ▸

IREN-LC45

Neville:0865

20x $43C 17 Jul 2026 (1d)

$36.79

$43.30

$0.08

OK ▸

🟢 HOLD · theta is winning why ▸

IREN-LC50

RetireInc:7291

20x $43C 17 Jul 2026 (1d)

$36.79

$43.31

$0.08

OK ▸

🟢 HOLD · theta is winning why ▸

NVDA

Neville:0865

5x $217.5C 24 Jul 2026 (8d)

$209.93

$219.51

$2.32

OK ▸

🟢 HOLD · theta is winning why ▸

IGV

Main:1299

12x $100C 24 Jul 2026 (8d)

$94.13

$100.97

$0.33

OK ▸

🟢 HOLD · theta is winning why ▸

HIMS

Main:1299

15x $40C 24 Jul 2026 (8d)

$37.21

$41.03

$1.42

OK ▸

🟢 HOLD · theta is winning why ▸

INTC

Neville:0865

5x $121C 24 Jul 2026 (8d)

$101.38

$124.00

$1.98

OK ▸

🟢 HOLD · theta is winning why ▸

IREN-LC25-1299

Main:1299

20x $48C 24 Jul 2026 (8d)

$36.79

$48.42

$0.22

OK ▸

🟢 HOLD · theta is winning why ▸

IREN-LC25-1782

Joint:1782

20x $48C 24 Jul 2026 (8d)

$36.79

$48.44

$0.22

OK ▸

🟢 HOLD · theta is winning why ▸

AMZN

Joint:1782

10x $280C 31 Jul 2026 (15d)

$258.04

$283.10

$3.17

OK ▸

🟢 HOLD · theta is winning why ▸

COIN-LC145

RetireInc:7291

3x $190C 31 Jul 2026 (15d)

$164.50

$193.34

$4.00

OK ▸

🟢 HOLD · theta is winning why ▸

SOFI

RetireInc:7291

35x $23C 31 Jul 2026 (15d)

$17.78

$23.27

$0.12

OK ▸

🟢 HOLD · theta is winning why ▸

UNDERWATER, but NOT a deep drawdown sell the richest CC still ≥80% survival at/above CC-SS (not a blind CC-SS sale), sorted by touch odds

Fortress	Acct	Ct	Price	CC-SS	↑ whole	Sell strike	Touch odds	Per cycle	Income @ strike	Normal income	Action
RIOT ↗BBC	Joint:1782	50	$19.36	$21.07	8.9%	$23 24 Jul 2026 (8d) · 90% surv	21%	$800	$3,000/mo (24%)	$12,500/mo	sell 50x $23 CC
MDB ↗	Neville:0865	1	$329.54	$377.45	14.5%	$380 31 Jul 2026 (15d) · 86% surv	29%	$340	$680/mo (22%)	$3,110/mo	sell 1x $380 CC
MU-LC880 ↗	Main:1299	5	$876.15	$1,059.21	20.9%	$1060 31 Jul 2026 (15d) · 84% surv	34%	$10,650	$21,300/mo (27%)	$78,577/mo	sell 5x $1060 CC

CAPPED: 24 fortress slice(s) with CCs already sold, excluded from FIGHT scope

Fortress	Acct	Ct	BE SS	Active short calls
AMZN	Joint:1782	10	$256.25	10x $280C 31 Jul 2026 (15d)
APP	RetireInc:7291	1	$588.00	1x $490C 17 Jul 2026 (1d)
COIN-LC145	RetireInc:7291	3	$182.40	3x $190C 31 Jul 2026 (15d)
COIN-LC165	Main:1299	8	$210.90	8x $175C 17 Jul 2026 (1d)
DELL	RetireInc:7291	3	$398.00	3x $425C 17 Jul 2026 (1d)
GLD	Main:1299	10	$456.00	10x $379C 17 Jul 2026 (1d)
GOOG-LC300	Neville:0865	15	$373.00	15x $360C 17 Jul 2026 (1d)
GOOG-LC310-1299	Main:1299	10	$392.50	10x $360C 17 Jul 2026 (1d) [LEAPS_ONLY, NO_HEDGE]
GOOG-LC310-1782	Joint:1782	5	$392.50	5x $370C 17 Jul 2026 (1d) [LEAPS_ONLY, NO_HEDGE]
GOOG-LC340	Neville:0865	5	$398.00	15x $360C 17 Jul 2026 (1d)
HIMS	Main:1299	15	$17.47	15x $40C 24 Jul 2026 (8d)
IGV	Main:1299	12	$96.50	12x $100C 24 Jul 2026 (8d) [LEAPS_ONLY, NO_HEDGE]
INTC	Neville:0865	5	$114.00	5x $121C 24 Jul 2026 (8d)
IREN-LC25-1299	Main:1299	20	$44.00	20x $48C 24 Jul 2026 (8d)
IREN-LC25-1782	Joint:1782	20	$44.00	20x $48C 24 Jul 2026 (8d)
IREN-LC45	Neville:0865	20	$56.50	20x $43C 17 Jul 2026 (1d)
IREN-LC50	RetireInc:7291	20	$63.43	20x $43C 17 Jul 2026 (1d)
META	Main:1299	3	$601.50	3x $630C 31 Jul 2026 (15d)
NOW	Main:1299	10	$108.93	10x $115C 17 Jul 2026 (1d)
NVDA	Neville:0865	5	$199.60	5x $218C 24 Jul 2026 (8d)
QCOM	RetireInc:7291	5	$224.00	5x $190C 17 Jul 2026 (1d)
SOFI	RetireInc:7291	35	$15.75	35x $23C 31 Jul 2026 (15d)
SPCX	Neville:0865	5	$186.00	5x $155C 17 Jul 2026 (1d)
SPY	Neville:0865	12	$764.00	12x $764C 21 Jul 2026 (5d) [LEAPS_ONLY, NO_HEDGE]

Manage these with the roll table (fortress_fight --tickers T) or roll_calls.

📏 CALIBRATION: 327 of 1332 predictions resolved since 2026-07-02, is the model honest?

Predicted survival	N	Avg predicted	Realized OTM rate	Gap
0-60%	14	58%	57%	-1pp
60-70%	46	64%	72%	+8pp
70-80%	61	77%	95%	+18pp
80-90%	76	85%	99%	+14pp
90-100%	130	95%	100%	+5pp

Touch odds: predicted 35% avg vs realized 24% touch rate over 327 resolved (daily highs, exact intraday touch).

🚪 Roll actuals vs playbook: 48 real buyback(s) recorded · 13 roll(s), net +$1.01/sh avg.

Green gap: within 7pp. A persistent negative gap means survival is overstated (model too confident); positive means too conservative. N is small early; judge after ~30 resolved.

fortress_fight.py v6.1 --all | 2026-07-16 21:38

Gross FIGHT income	$19/mo
vs 50% target ($220/mo)	-91%
vs normal income ($440/mo)	4% covered
Net income (after hedge)	$19/mo

Cap give-up @ CC-SS (V-bounce)	-$969
… as % of IC ($2,840)	34.1%
… as % of ML ($5,040)	19.2%
Recovery months (at normal income)	2.2 mo
Surgical close (1 ct)	$-1,850

Gross FIGHT income	$244/mo
vs 50% target ($220/mo)	+11%
vs normal income ($440/mo)	55% covered
Net income (after hedge)	$244/mo

Cap give-up @ CC-SS (V-bounce)	-$1,509
… as % of IC ($2,840)	53.1%
… as % of ML ($5,040)	29.9%
Recovery months (at normal income)	3.4 mo
Surgical close (1 ct)	$-1,852

Gross FIGHT income	$506/mo
vs 50% target ($220/mo)	+130%
vs normal income ($440/mo)	115% covered
Net income (after hedge)	$506/mo

Cap give-up @ CC-SS (V-bounce)	-$1,639
… as % of IC ($2,840)	57.7%
… as % of ML ($5,040)	32.5%
Recovery months (at normal income)	3.7 mo
Surgical close (1 ct)	$-1,852

Gross FIGHT income	$1,395/mo
vs 50% target ($2,050/mo)	-32%
vs normal income ($4,100/mo)	34% covered
Net income (after hedge)	$955/mo

Cap give-up @ CC-SS (V-bounce)	-$8,684
… as % of IC ($21,650)	40.1%
… as % of ML ($51,650)	16.8%
Recovery months (at normal income)	2.1 mo
Surgical close (31 ct)	$-11,904

Gross FIGHT income	$2,070/mo
vs 50% target ($2,050/mo)	+1%
vs normal income ($4,100/mo)	50% covered
Net income (after hedge)	$1,540/mo

Cap give-up @ CC-SS (V-bounce)	-$12,886
… as % of IC ($21,650)	59.5%
… as % of ML ($51,650)	24.9%
Recovery months (at normal income)	3.1 mo
Surgical close (46 ct)	$-17,664

Gross FIGHT income	$4,193/mo
vs 50% target ($2,050/mo)	+105%
vs normal income ($4,100/mo)	102% covered
Net income (after hedge)	$3,680/mo

Cap give-up @ CC-SS (V-bounce)	-$13,594
… as % of IC ($21,650)	62.8%
… as % of ML ($51,650)	26.3%
Recovery months (at normal income)	3.3 mo
Surgical close (43 ct)	$-16,512

Gross FIGHT income	$4,219/mo
vs 50% target ($22,250/mo)	-81%
vs normal income ($44,500/mo)	9% covered
Net income (after hedge)	$4,219/mo

Cap give-up @ CC-SS (V-bounce)	-$66,242
… as % of IC ($27,625)	239.8%
… as % of ML ($277,625)	23.9%
Recovery months (at normal income)	1.5 mo
Surgical close (125 ct)	$-115,437

Gross FIGHT income	$14,812/mo
vs 50% target ($22,250/mo)	-33%
vs normal income ($44,500/mo)	33% covered
Net income (after hedge)	$14,904/mo

Cap give-up @ CC-SS (V-bounce)	-$62,326
… as % of IC ($27,625)	225.6%
… as % of ML ($277,625)	22.4%
Recovery months (at normal income)	1.4 mo
Surgical close (79 ct)	$-74,971

Gross FIGHT income	$22,312/mo
vs 50% target ($22,250/mo)	+0%
vs normal income ($44,500/mo)	50% covered
Net income (after hedge)	$22,324/mo

Cap give-up @ CC-SS (V-bounce)	-$93,884
… as % of IC ($27,625)	339.9%
… as % of ML ($277,625)	33.8%
Recovery months (at normal income)	2.1 mo
Surgical close (119 ct)	$-112,931

Gross FIGHT income	$44,850/mo
vs 50% target ($22,250/mo)	+102%
vs normal income ($44,500/mo)	101% covered
Net income (after hedge)	$44,892/mo

Cap give-up @ CC-SS (V-bounce)	-$96,090
… as % of IC ($27,625)	347.8%
… as % of ML ($277,625)	34.6%
Recovery months (at normal income)	2.2 mo
Surgical close (104 ct)	$-105,404

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$24.00 (≤1σ, normal week)	$11,960	$-98,339	+$14,911	+$11,856
+2.5%	$24.60 (≤1σ, normal week)	$5,720	$-98,302	+$14,948	+$5,616
+5%	$25.20 (≤1σ, normal week)	$-520	$-98,264	+$14,986	-$624
SS (= V-bounce)	$39.71 (4.3σ)	$-151,424	$-101,999	+$11,251	-$128,544

Move	New strike ≈	New expiry	Tenor	Est net	Total (2 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)	~$1,124	7 Aug 2026	18d left	+$7.31/sh	+$1,462 cycle +$3,202 [-$614…+$3,263] · 67% credit	74% surv 65%	-$22,030 NOT cap gain +$54,525
Roll out (same strike, buy time)	~$1,060	27 Jul 2026	7d left	-$0.44/sh	-$88 cycle +$1,652 [-$1,119…+$1,388] · 48% credit	67% surv 53%	-$36,809 NOT cap gain +$39,746
Max even-money escape in the band	~$1,144	7 Aug 2026	18d left	+$0.71/sh	+$142 cycle +$1,882 [-$2,209…+$1,807] · 46% credit	76% surv 68%	-$19,206 NOT cap gain +$57,349
SS $1,220 not reachable for even money within 45d; this is the ceiling of the free ladder
Safety roll (pay small debit, max POP)	~$1,169	7 Aug 2026	18d left	-$8.00/sh	-$1,600 cycle +$140 [-$4,280…-$22] · 24% credit	78% surv 72%	-$15,767 NOT cap gain +$60,788
budget: banked $1,740 debit $1,600 (92% used ≈ 1.1 wk of income) → whole cycle still +$140 cash · rolled 2 ct earn ≈ $15,604/mo while parked; 0 ct free to re-sell

Gross FIGHT income	$6,525/mo
vs 50% target ($15,715/mo)	-58%
vs normal income ($31,431/mo)	21% covered
Net income (after hedge)	$6,062/mo

Cap give-up @ CC-SS (V-bounce)	-$36,108
… as % of IC ($50,000)	72.2%
… as % of ML ($198,000)	18.2%
Recovery months (at normal income)	1.1 mo
Surgical close (2 ct)	$-76,745

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $1,049.40	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $1,049-1,069.65	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $1,069.65	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$1,060.00 (1.4σ)	$1,740	$-36,721	+$39,834	+$1,630
+2.5%	$1,086.50 (1.6σ)	$-3,560	$-36,530	+$40,025	-$3,670
+5%	$1,113.00 (1.8σ)	$-8,860	$-36,340	+$40,215	-$8,970
SS (= V-bounce)	$1,220.00 (2.6σ)	$-30,260	$-35,569	+$40,986	-$30,370

Move	New strike ≈	New expiry	Tenor	Est net	Total (2 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)	~$1,081	7 Aug 2026	18d left	+$7.85/sh	+$1,569 cycle +$4,429 [-$696…+$2,358] · 62% credit	74% surv 65%	-$29,608 NOT cap gain +$46,947
Roll out (same strike, buy time)	~$1,018	27 Jul 2026	7d left	+$0.66/sh	+$131 cycle +$2,991 [-$1,018…+$897] · 45% credit	67% surv 53%	-$44,276 NOT cap gain +$32,279
Max even-money escape in the band	~$1,101	7 Aug 2026	18d left	+$1.30/sh	+$261 cycle +$3,121 [-$2,241…+$903] · 38% credit	76% surv 68%	-$26,773 NOT cap gain +$49,782
SS $1,220 not reachable for even money within 45d; this is the ceiling of the free ladder
Safety roll (pay small debit, max POP)	~$1,151	7 Aug 2026	18d left	-$13.97/sh	-$2,793 cycle +$67 [-$5,948…-$2,380] · 8% credit	80% surv 75%	-$19,467 NOT cap gain +$57,088
budget: banked $2,860 debit $2,793 (98% used ≈ 1.1 wk of income) → whole cycle still +$67 cash · rolled 2 ct earn ≈ $12,883/mo while parked; 0 ct free to re-sell

Gross FIGHT income	$10,725/mo
vs 50% target ($15,715/mo)	-32%
vs normal income ($31,431/mo)	34% covered
Net income (after hedge)	$10,262/mo

Cap give-up @ CC-SS (V-bounce)	-$43,488
… as % of IC ($50,000)	87.0%
… as % of ML ($198,000)	22.0%
Recovery months (at normal income)	1.4 mo
Surgical close (2 ct)	$-76,745

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $1,007.33	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $1,007-1,032.75	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $1,032.75	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.

Scenario	Spot	CC leg net	Position total	vs today	vs do-nothing
at strike	$1,017.50 (1.1σ)	$2,860	$-44,407	+$32,148	+$2,750
+2.5%	$1,042.94 (1.3σ)	$-2,228	$-44,224	+$32,331	-$2,338
+5%	$1,068.38 (1.5σ)	$-7,315	$-44,041	+$32,514	-$7,425
SS (= V-bounce)	$1,220.00 (2.6σ)	$-37,640	$-42,949	+$33,606	-$37,750

Move	New strike ≈	New expiry	Tenor	Est net	Total (2 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Reliable up-and-out (highest cap still free ≥60%)	~$1,039	7 Aug 2026	18d left	+$10.16/sh	+$2,031 cycle +$6,281 [-$514…+$2,398] · 66% credit	74% surv 65%	-$36,562 NOT cap gain +$39,993
Roll out (same strike, buy time)	~$980	27 Jul 2026	7d left	+$1.55/sh	+$310 cycle +$4,560 [-$1,049…+$731] · 37% credit	67% surv 53%	-$50,477 NOT cap gain +$26,078
Max even-money escape in the band	~$1,064	7 Aug 2026	18d left	+$1.72/sh	+$344 cycle +$4,594 [-$2,528…+$475] · 31% credit	76% surv 69%	-$33,069 NOT cap gain +$43,486
SS $1,220 not reachable for even money within 45d; this is the ceiling of the free ladder
Safety roll (pay small debit, max POP)	~$1,149	7 Aug 2026	18d left	-$21.09/sh	-$4,218 cycle +$32 [-$8,303…-$4,458] · 2% credit	83% surv 80%	-$20,019 NOT cap gain +$56,536
budget: banked $4,250 debit $4,218 (99% used ≈ 1.1 wk of income) → whole cycle still +$32 cash · rolled 2 ct earn ≈ $9,862/mo while parked; 0 ct free to re-sell

Gross FIGHT income	$15,938/mo
vs 50% target ($15,715/mo)	+1%
vs normal income ($31,431/mo)	51% covered
Net income (after hedge)	$15,474/mo

Cap give-up @ CC-SS (V-bounce)	-$49,598
… as % of IC ($50,000)	99.2%
… as % of ML ($198,000)	25.0%
Recovery months (at normal income)	1.6 mo
Surgical close (2 ct)	$-76,845

Spot \ Time	≥ 5d left	3-4d left	≤ 2d (expiry)
Below $970.20	Do nothing. Theta wins.	Do nothing.	Penny buyback at the close; re-sell next cycle.
Pressing the strike $970-1,002.70	Hold, alert at breakeven. Rolling into a spike pays top dollar; let theta bleed the buyback first.	★ Roll on strength NOW: cheap buyback, fat credits.	Close or roll same day; pin risk at the strike.
Through breakeven ≥ $1,002.70	Act now: intrinsic compounds daily. Up-and-out or safety roll.	Roll or close immediately; time value is gone.	Close today, or be assigned.