50 contracts (5,000 sh) | BE SS: $23.65 | CC-SS: $20.45 | IV: HIGH | Accounts: Joint:1782
| Max Loss | $30,601 | (ND $-16.88 + SW $23) x 5000 |
| Normal income ref | $14,357/mo | 95% ann ROI on ML |
| Hedge rolling cost | $2,540/mo | |
| Unrealized P&L | $2,625 | fortress legs from IBKR |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 50 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 · 7d | 40 × $22.50 | 75% | $7,200 | $1,425 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▸ | cover hedge | 50 × $25 | 17 Jul | 7d | 19.8% | 92% | 16% | $600 | $2,571 | -$4,629 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 50 × $25 19.8% OTM over spot $20.87 17 Jul 2026 (7d, $0.13 mid) = $600 credit for the 7d cycle → $2,571/mo projected Survival (stays ≤ $25) 92% Breach risk 8% POP (stays ≤ $25.13) 93% EV / mo +$1,337 🛡 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) -$4,579 Free roll-up +$1/wk Safest escape (by 31 Jul 2026) $29 @ 81% POP 77% survival Roll menuyour doors if the call gets challenged; each row = buy back the 50 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: $1.46/sh now → $1.04 mid-life (likely $0.78–$1.38) → ≈ $0 at expiry | you banked $0.12/sh, so a flat mid-life exit nets -$0.92/sh | roll rows are incremental, the banked premium stays yours 📊 Across 225 simulated challenges: the $25 strike is typically first touched on day 5 of 7, at $26 (overshoots $0.61). 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 ✓ $25 is at/above CC-SS $20.45: 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 < $0.03/sh (~25% of the $0.12 collected) or spot ≥ $25.13 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $25)); NOT the premium you collected. Momentum override: two daily closes above $31.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.25 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $20.45, where you are whole again, by expiry) Starting unrealized P&L: $2,625 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (50 × $25): -$0 Total Position P&L @ SS: $2,625 (+$0 vs today) Do-nothing baseline at SS: $5,375 (this trade vs do-nothing: $-2,750, the opportunity cost of earning $2,571/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 50 × $24.50 | 17 Jul | 7d | 17.4% | 90% | 20% | $750 | $3,214 | -$3,986 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 50 × $24.50 17.4% OTM over spot $20.87 17 Jul 2026 (7d, $0.17 mid) = $750 credit for the 7d cycle → $3,214/mo projected Survival (stays ≤ $24.50) 90% Breach risk 10% POP (stays ≤ $24.67) 91% EV / mo +$1,519 🛡 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) 12% Flat exit net (mid-life) -$4,262 Free roll-up +$1/wk Safest escape (by 31 Jul 2026) $28 @ 82% POP 77% survival Roll menuyour doors if the call gets challenged; each row = buy back the 50 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: $1.42/sh now → $1.00 mid-life (likely $0.82–$1.50) → ≈ $0 at expiry | you banked $0.15/sh, so a flat mid-life exit nets -$0.85/sh | roll rows are incremental, the banked premium stays yours 📊 Across 356 simulated challenges: the $24 strike is typically first touched on day 5 of 7, at $25 (overshoots $0.64). 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 ✓ $24.50 is at/above CC-SS $20.45: 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 < $0.04/sh (~25% of the $0.15 collected) or spot ≥ $24.67 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $24)); NOT the premium you collected. Momentum override: two daily closes above $31.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.25 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $20.45, where you are whole again, by expiry) Starting unrealized P&L: $2,625 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (50 × $24.50): -$0 Total Position P&L @ SS: $2,625 (+$0 vs today) Do-nothing baseline at SS: $5,375 (this trade vs do-nothing: $-2,750, the opportunity cost of earning $3,214/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 45 × $23.50 | 17 Jul | 7d | 12.6% | 85% | 32% | $1,125 | $4,821 | -$2,379 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 45 × $23.50 12.6% OTM over spot $20.87 17 Jul 2026 (7d, $0.27 mid) = $1,125 credit for the 7d cycle → $4,821/mo projected Survival (stays ≤ $23.50) 85% Breach risk 15% POP (stays ≤ $23.77) 87% EV / mo +$1,860 🛡 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) 22% Flat exit net (mid-life) -$3,093 Free roll-up +$1/wk Safest escape (by 31 Jul 2026) $27 @ 83% POP 79% survival Roll menuyour doors if the call gets challenged; each row = buy back the 45 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: $1.33/sh now → $0.94 mid-life (likely $0.91–$1.44) → ≈ $0 at expiry | you banked $0.25/sh, so a flat mid-life exit nets -$0.69/sh | roll rows are incremental, the banked premium stays yours 📊 Across 664 simulated challenges: the $24 strike is typically first touched on day 4 of 7, at $24 (overshoots $0.60). 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 ✓ $23.50 is at/above CC-SS $20.45: 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 < $0.06/sh (~25% of the $0.25 collected) or spot ≥ $23.77 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $24)); NOT the premium you collected. Momentum override: two daily closes above $31.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.25 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $20.45, where you are whole again, by expiry) Starting unrealized P&L: $2,625 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (45 × $23.50): -$0 + Conservative CC premium (5 × $23.50): +$275 Total Position P&L @ SS: $2,900 (+$275 vs today) Do-nothing baseline at SS: $5,375 (this trade vs do-nothing: $-2,475, the opportunity cost of earning $4,821/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 40 × $22.50 | 17 Jul | 7d | 7.8% | 75% | 39% | $1,680 | $7,200 | — | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 40 × $22.50 7.8% OTM over spot $20.87 17 Jul 2026 (7d, $0.45 mid) = $1,680 credit for the 7d cycle → $7,200/mo projected Survival (stays ≤ $22.50) 75% Breach risk 25% POP (stays ≤ $22.95) 80% EV / mo +$2,009 🛡 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) 39% Flat exit net (mid-life) -$1,817 Free roll-up +$1/wk Safest escape (by 31 Jul 2026) $27 @ 87% POP 85% survival Roll menuyour doors if the call gets challenged; each row = buy back the 40 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: $1.24/sh now → $0.87 mid-life (likely $0.97–$1.50) → ≈ $0 at expiry | you banked $0.42/sh, so a flat mid-life exit nets -$0.45/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,156 simulated challenges: the $22 strike is typically first touched on day 4 of 7, at $23 (overshoots $0.60). 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 ✓ $22.50 is at/above CC-SS $20.45: 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 $0.42 collected) or spot ≥ $22.95 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $22)); NOT the premium you collected. Momentum override: two daily closes above $31.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.25 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $20.45, where you are whole again, by expiry) Starting unrealized P&L: $2,625 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (40 × $22.50): -$0 + Conservative CC premium (10 × $23.50): +$550 Total Position P&L @ SS: $3,175 (+$550 vs today) Do-nothing baseline at SS: $5,375 (this trade vs do-nothing: $-2,200, the opportunity cost of earning $7,200/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 35 × $21 | 17 Jul | 7d | 0.6% | 54% | 96% | $3,360 | $14,400 | +$7,200 | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 35 × $21 0.6% OTM over spot $20.87 17 Jul 2026 (7d, $0.99 mid) = $3,360 credit for the 7d cycle → $14,400/mo projected Survival (stays ≤ $21) 54% Breach risk 46% POP (stays ≤ $22.00) 69% EV / mo +$2,629 🛡 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) 75% Flat exit net (mid-life) +$618 Free roll-up +$1/wk Safest escape (by 24 Jul 2026) $25 @ 91% POP 90% survival Roll menuyour doors if the call gets challenged; each row = buy back the 35 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: $1.11/sh now → $0.78 mid-life (likely $1.11–$1.65) → ≈ $0 at expiry | you banked $0.96/sh, so a flat mid-life exit nets +$0.18/sh | roll rows are incremental, the banked premium stays yours 📊 Across 2,238 simulated challenges: the $21 strike is typically first touched on day 2 of 7, at $22 (overshoots $0.69). 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 ✓ $21 is at/above CC-SS $20.45: 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 < $0.24/sh (~25% of the $0.96 collected) or spot ≥ $22.00 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $21)); NOT the premium you collected. Momentum override: two daily closes above $31.43 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.25 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $20.45, where you are whole again, by expiry) Starting unrealized P&L: $2,625 + Fortress recovery (un-capped): +$0 − CC assignment net of premium (35 × $21): -$0 + Conservative CC premium (15 × $23.50): +$825 Total Position P&L @ SS: $3,450 (+$825 vs today) Do-nothing baseline at SS: $5,375 (this trade vs do-nothing: $-1,925, the opportunity cost of earning $14,400/mo FIGHT income now) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 4-45 DTE band (3 expiries scanned, 14 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: 1.249 (IBKR) | Recovery@SS: +$0 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $5,375
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $22.50 | 7d | 17 Jul 2026 | $0.42 | 40/50 | $7,200 | $5,839 | 75% | 80% | +$2,009 | -$0 | 0.0% | $4,855 (vs do-nothing $-520) |
| $23 | 21d | 31 Jul 2026 | $1.01 | 50/50 | $7,214 | $4,675 | 71% | 77% | +$1,337 | -$0 | 0.0% | $7,675 (vs do-nothing +$2,300) |
| $22.50 | 14d | 24 Jul 2026 | $0.78 | 43/50 | $7,187 | $5,472 | 70% | 77% | +$1,662 | -$0 | 0.0% | $6,364 (vs do-nothing +$989) |
| $22 | 7d | 17 Jul 2026 | $0.59 | 29/50 | $7,333 | $7,268 | 69% | 77% | +$2,086 | -$0 | 0.0% | $5,491 (vs do-nothing +$116) |
| $22.50 | 21d | 31 Jul 2026 | $1.08 | 47/50 | $7,251 | $5,065 | 67% | 77% | +$730 | -$0 | 0.0% | $7,866 (vs do-nothing +$2,491) |
| $22 | 14d | 24 Jul 2026 | $0.94 | 36/50 | $7,251 | $6,362 | 65% | 74% | +$1,461 | -$0 | 0.0% | $6,779 (vs do-nothing +$1,404) |
| $22 | 21d | 31 Jul 2026 | $1.37 | 37/50 | $7,241 | $6,234 | 64% | 73% | +$1,207 | -$0 | 0.0% | $8,409 (vs do-nothing +$3,034) |
| $21.50 | 14d | 24 Jul 2026 | $1.12 | 30/50 | $7,200 | $7,017 | 60% | 72% | +$1,209 | -$0 | 0.0% | $7,085 (vs do-nothing +$1,710) |
| $21.50 | 21d | 31 Jul 2026 | $1.46 | 35/50 | $7,300 | $6,528 | 60% | 74% | +$623 | -$0 | 0.0% | $8,560 (vs do-nothing +$3,185) |
| $21 | 21d | 31 Jul 2026 | $1.71 | 30/50 | $7,329 | $7,146 | 56% | 72% | +$669 | -$0 | 0.0% | $8,855 (vs do-nothing +$3,480) |
| $21 | 14d | 24 Jul 2026 | $1.34 | 25/50 | $7,179 | $7,585 | 55% | 69% | +$1,036 | -$0 | 0.0% | $7,350 (vs do-nothing +$1,975) |
| $21 | 7d | 17 Jul 2026 | $0.96 | 18/50 | $7,406 | $8,637 | 54% | 69% | +$1,352 | -$0 | 0.0% | $6,113 (vs do-nothing +$738) |
| $20.50 | 21d | 31 Jul 2026 | $1.92 | 27/50 | $7,406 | $7,577 | 51% | 71% | +$471 | -$0 | 0.0% | $9,074 (vs do-nothing +$3,699) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $20.50 | 14d | 24 Jul 2026 | $1.59 | 22/50 | $7,496 | $8,256 | 49% | 67% | +$913 | -$0 | 0.0% | $7,663 (vs do-nothing +$2,288) |
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 50 contracts at the conservative CC.