6 contracts (600 sh) | BE SS: $141.55 | CC-SS: $147.88 | IV: HIGH | Accounts: RetireInc:7291
| Max Loss | $69,930 | (ND $26.55 + SW $90) x 600 |
| Normal income ref | $6,088/mo | 95% ann ROI on ML |
| Hedge rolling cost | $327/mo | |
| Unrealized P&L | $-44,412 | fortress legs from IBKR |
| Open leg | Acct | Credit/sh | In flight | Opened |
|---|---|---|---|---|
| 6x $101C 17 Jul 2026 | U18827291 | $1.23 | $738 | 2026-07-07 |
Each Friday gets its own recommended pick and full income ladder (safest strike per income rung, sized across your 6 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 |
|---|---|---|---|---|---|
| THIS FRIDAY 🏆 | 17 Jul 2026 · 3d | 5 × $85 | 89% | $3,100 | $1,694 |
| NEXT FRIDAY | 24 Jul 2026 · 10d | 6 × $85 | 78% | $3,186 | $799 |
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 5 × $96 | 17 Jul | 3d | 25.7% | 99+% | 0% | $40 | $400 | -$2,700 | $25,900 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $96 25.7% OTM over spot $76.40 17 Jul 2026 (3d, $0.10 mid) = $40 credit for the 3d cycle → $400/mo projected Survival (stays ≤ $96) 99+% Breach risk 0% POP (stays ≤ $96.09) 99+% EV / mo +$396 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.1 mo [2.7-5.6] median · 24% of paths whole by 9 mo (vs 24% without) · ~0.2 challenges expected · median CC cash $-2,388 🛡 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) 0% Flat exit net (mid-life) -$1,365 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $106 @ 79% POP 74% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.97/sh now → $2.81 mid-life → ≈ $0 at expiry | you banked $0.08/sh, so a flat mid-life exit nets -$2.73/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 ⚠ $96 is $52 below CC-SS $147.88: 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 < $0.02/sh (~25% of the $0.08 collected) or spot ≥ $96.09 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $96)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (5 × $96): -$25,900 − Conservative CC assignment net of premium (1 × $140): -$784 Total Position P&L @ SS: $-27,093 (+$17,319 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-21,980, the opportunity cost of earning $400/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$20,960, position total $-27,447 (+$16,965 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 6 × $87.50 | 17 Jul | 3d | 14.5% | 94% | 13% | $210 | $2,100 | -$1,000 | $36,018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $87.50 14.5% OTM over spot $76.40 17 Jul 2026 (3d, $0.38 mid) = $210 credit for the 3d cycle → $2,100/mo projected Survival (stays ≤ $87.50) 94% Breach risk 6% POP (stays ≤ $87.88) 94% EV / mo +$1,493 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.3 mo [2.1-5.3] median, 0.1 mo SLOWER than no FIGHT (3.3 mo): roll costs eat the credits at this rung · 34% of paths whole by 9 mo (vs 28% without) · ~5.7 challenges expected · median CC cash $7,619 🛡 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) 6% Flat exit net (mid-life) -$1,327 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $99 @ 82% POP 78% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.62/sh now → $2.56 mid-life (likely $2.34–$4.72) → ≈ $0 at expiry | you banked $0.35/sh, so a flat mid-life exit nets -$2.21/sh | roll rows are incremental, the banked premium stays yours 📊 Across 180 simulated challenges: the $88 strike is typically first touched on day 3 of 3, at $90 (overshoots $2.58). 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 ⚠ $87.50 is $60 below CC-SS $147.88: 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 < $0.09/sh (~25% of the $0.35 collected) or spot ≥ $87.88 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $88)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $87.50): -$36,018 Total Position P&L @ SS: $-36,427 (+$7,985 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-31,314, the opportunity cost of earning $2,100/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$30,090, position total $-36,581 (+$7,831 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 6 × $86.50 | 17 Jul | 3d | 13.2% | 92% | 16% | $264 | $2,640 | -$460 | $36,564 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $86.50 13.2% OTM over spot $76.40 17 Jul 2026 (3d, $0.47 mid) = $264 credit for the 3d cycle → $2,640/mo projected Survival (stays ≤ $86.50) 92% Breach risk 8% POP (stays ≤ $86.97) 93% EV / mo +$1,816 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.3 mo [2.4-6.1] median, 0.1 mo faster than no FIGHT (4.4 mo) · 36% of paths whole by 9 mo (vs 28% without) · ~7.3 challenges expected · median CC cash $10,166 🛡 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) -$1,255 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $98 @ 82% POP 79% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.58/sh now → $2.53 mid-life (likely $2.35–$5.00) → ≈ $0 at expiry | you banked $0.44/sh, so a flat mid-life exit nets -$2.09/sh | roll rows are incremental, the banked premium stays yours 📊 Across 235 simulated challenges: the $86 strike is typically first touched on day 2 of 3, at $89 (overshoots $2.48). The [P25–P75] under each Total is that door's credit across those paths; % credit is the share of those challenges where the roll is a net credit.
If rolled & exited = your total from-entry P&L if you roll to that strike and then close the whole fortress with the stock pinned there (all legs repriced; SAFE = P&L ≥ 0). Cap gain is what that roll earns THIS cycle (premium + appreciation from today to the new strike); the total adds your existing MTM on top. Same from-entry basis as this tool's @cap / total-exit numbers, at the rolled strike. POP = P(stays ≤ strike + premium collected, the call is profitable); surv = P(stays ≤ strike, the call expires fully worthless). Survival is the stricter bar (no premium cushion), so it sits below POP. Method: each leg = its live quote (buyback off the ask, sells off the bid) × a Black-Scholes ratio to the challenge, using the leg's own IV shifted -0.4 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 ⚠ $86.50 is $61 below CC-SS $147.88: 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 < $0.11/sh (~25% of the $0.44 collected) or spot ≥ $86.97 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $86)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $86.50): -$36,564 Total Position P&L @ SS: $-36,973 (+$7,439 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-31,860, the opportunity cost of earning $2,640/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$30,636, position total $-37,127 (+$7,285 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 5 × $85 | 17 Jul | 3d | 11.3% | 89% | 11% | $310 | $3,100 | — | $31,130 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $85 11.3% OTM over spot $76.40 17 Jul 2026 (3d, $0.63 mid) = $310 credit for the 3d cycle → $3,100/mo projected Survival (stays ≤ $85) 89% Breach risk 11% POP (stays ≤ $85.63) 91% EV / mo +$2,013 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.8 mo [2.4-5.4] median, 0.2 mo faster than no FIGHT (4.0 mo) · 32% of paths whole by 9 mo (vs 24% without) · ~10.3 challenges expected · median CC cash $11,487 🛡 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) -$934 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $99 @ 84% POP 82% survival Roll menuyour doors if the call gets challenged; each row = buy back the 5 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.52/sh now → $2.49 mid-life (likely $2.33–$4.53) → ≈ $0 at expiry | you banked $0.62/sh, so a flat mid-life exit nets -$1.87/sh | roll rows are incremental, the banked premium stays yours 📊 Across 339 simulated challenges: the $85 strike is typically first touched on day 2 of 3, at $87 (overshoots $2.35). 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 ⚠ $85 is $63 below CC-SS $147.88: 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 < $0.15/sh (~25% of the $0.62 collected) or spot ≥ $85.63 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $85)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (5 × $85): -$31,130 − Conservative CC assignment net of premium (1 × $140): -$784 Total Position P&L @ SS: $-32,323 (+$12,089 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-27,210, the opportunity cost of earning $3,100/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$26,190, position total $-32,677 (+$11,735 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 6 × $81.50 | 17 Jul | 3d | 6.7% | 78% | 44% | $708 | $7,080 | +$3,980 | $39,120 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $81.50 6.7% OTM over spot $76.40 17 Jul 2026 (3d, $1.26 mid) = $708 credit for the 3d cycle → $7,080/mo projected Survival (stays ≤ $81.50) 78% Breach risk 22% POP (stays ≤ $82.76) 83% EV / mo +$3,383 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.7 mo [2.4-5.7] median, 0.2 mo SLOWER than no FIGHT (3.5 mo): roll costs eat the credits at this rung · 45% of paths whole by 9 mo (vs 28% without) · ~20.3 challenges expected · median CC cash $20,071 🛡 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) -$723 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $99 @ 89% POP 87% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 1 of 3); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $3.37/sh now → $2.39 mid-life (likely $2.73–$4.65) → ≈ $0 at expiry | you banked $1.18/sh, so a flat mid-life exit nets -$1.21/sh | roll rows are incremental, the banked premium stays yours 📊 Across 838 simulated challenges: the $82 strike is typically first touched on day 2 of 3, at $84 (overshoots $2.31). 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 ⚠ $81.50 is $66 below CC-SS $147.88: 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 < $0.29/sh (~25% of the $1.18 collected) or spot ≥ $82.76 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $82)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $81.50): -$39,120 Total Position P&L @ SS: $-39,529 (+$4,883 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-34,416, the opportunity cost of earning $7,080/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$33,192, position total $-39,683 (+$4,729 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rung | Sell | Expiry | DTE | OTM | Survival | Touch odds | Per cycle | Income/mo | Δ vs pick | Cap give-up | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▸ | cover hedge | 6 × $103 | 24 Jul | 10d | 34.8% | 98% | 4% | $126 | $378 | -$2,808 | $26,802 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $103 34.8% OTM over spot $76.40 24 Jul 2026 (10d, $0.24 mid) = $126 credit for the 10d cycle → $378/mo projected Survival (stays ≤ $103) 98% Breach risk 2% POP (stays ≤ $103.25) 98% EV / mo +$313 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.0 mo [2.5-6.0] median · 28% of paths whole by 9 mo (vs 26% without) · ~0.7 challenges expected · median CC cash $-176 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 2% Flat exit net (mid-life) -$2,674 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $105 @ 70% POP 57% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $6.60/sh now → $4.67 mid-life (likely $3.31–$5.91) → ≈ $0 at expiry | you banked $0.21/sh, so a flat mid-life exit nets -$4.46/sh | roll rows are incremental, the banked premium stays yours 📊 Across 72 simulated challenges: the $103 strike is typically first touched on day 8 of 10, at $106 (overshoots $2.87). 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 ⚠ $103 is $45 below CC-SS $147.88: assignment on a recovery to whole locks the cap give-up below.
Tripwiresprice and time left decide together; the matrix is the playbook The one rule: roll when the short call's remaining TIME VALUE < $0.05/sh (~25% of the $0.21 collected) or spot ≥ $103.25 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $103)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $103): -$26,802 Total Position P&L @ SS: $-27,211 (+$17,201 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-22,098, the opportunity cost of earning $378/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$20,874, position total $-27,365 (+$17,047 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 6 × $92 | 24 Jul | 10d | 20.4% | 90% | 21% | $438 | $1,314 | -$1,872 | $33,090 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $92 20.4% OTM over spot $76.40 24 Jul 2026 (10d, $0.80 mid) = $438 credit for the 10d cycle → $1,314/mo projected Survival (stays ≤ $92) 90% Breach risk 10% POP (stays ≤ $92.81) 91% EV / mo +$616 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.9 mo [2.4-5.6] median · 29% of paths whole by 9 mo (vs 26% without) · ~3.8 challenges expected · median CC cash $3,397 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 15% Flat exit net (mid-life) -$2,063 Free roll-up +$3/wk Safest escape (by 31 Jul 2026) $97 @ 74% POP 66% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.89/sh now → $4.17 mid-life (likely $3.47–$5.86) → ≈ $0 at expiry | you banked $0.73/sh, so a flat mid-life exit nets -$3.44/sh | roll rows are incremental, the banked premium stays yours 📊 Across 437 simulated challenges: the $92 strike is typically first touched on day 7 of 10, at $94 (overshoots $2.49). 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 ⚠ $92 is $56 below CC-SS $147.88: 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 < $0.18/sh (~25% of the $0.73 collected) or spot ≥ $92.81 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $92)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $92): -$33,090 Total Position P&L @ SS: $-33,499 (+$10,913 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-28,386, the opportunity cost of earning $1,314/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$27,162, position total $-33,653 (+$10,759 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 6 × $88 | 24 Jul | 10d | 15.2% | 84% | 33% | $726 | $2,178 | -$1,008 | $35,202 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $88 15.2% OTM over spot $76.40 24 Jul 2026 (10d, $1.31 mid) = $726 credit for the 10d cycle → $2,178/mo projected Survival (stays ≤ $88) 84% Breach risk 16% POP (stays ≤ $89.31) 87% EV / mo +$864 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.5 mo [2.4-5.8] median, 0.1 mo faster than no FIGHT (3.6 mo) · 30% of paths whole by 9 mo (vs 24% without) · ~5.8 challenges expected · median CC cash $6,216 🛡 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) 24% Flat exit net (mid-life) -$1,666 Free roll-up +$3/wk Safest escape (by 31 Jul 2026) $95 @ 77% POP 71% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.64/sh now → $3.99 mid-life (likely $3.87–$6.06) → ≈ $0 at expiry | you banked $1.21/sh, so a flat mid-life exit nets -$2.78/sh | roll rows are incremental, the banked premium stays yours 📊 Across 716 simulated challenges: the $88 strike is typically first touched on day 6 of 10, at $90 (overshoots $2.38). 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 ⚠ $88 is $60 below CC-SS $147.88: 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 < $0.30/sh (~25% of the $1.21 collected) or spot ≥ $89.31 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $88)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $88): -$35,202 Total Position P&L @ SS: $-35,611 (+$8,801 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-30,498, the opportunity cost of earning $2,178/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$29,274, position total $-35,765 (+$8,647 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 6 × $85 | 24 Jul | 10d | 11.3% | 78% | 34% | $1,062 | $3,186 | — | $36,666 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $85 11.3% OTM over spot $76.40 24 Jul 2026 (10d, $1.86 mid) = $1,062 credit for the 10d cycle → $3,186/mo projected Survival (stays ≤ $85) 78% Breach risk 22% POP (stays ≤ $86.86) 82% EV / mo +$1,101 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.9 mo [2.7-6.2] median, 0.2 mo faster than no FIGHT (4.1 mo) · 28% of paths whole by 9 mo (vs 22% without) · ~8.8 challenges expected · median CC cash $8,756 🛡 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) 34% Flat exit net (mid-life) -$1,248 Free roll-up +$3/wk Safest escape (by 31 Jul 2026) $94 @ 80% POP 76% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.44/sh now → $3.85 mid-life (likely $4.08–$5.94) → ≈ $0 at expiry | you banked $1.77/sh, so a flat mid-life exit nets -$2.08/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,033 simulated challenges: the $85 strike is typically first touched on day 5 of 10, at $87 (overshoots $2.27). 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 ⚠ $85 is $63 below CC-SS $147.88: 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 < $0.44/sh (~25% of the $1.77 collected) or spot ≥ $86.86 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $85)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $85): -$36,666 Total Position P&L @ SS: $-37,075 (+$7,337 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-31,962, the opportunity cost of earning $3,186/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$30,738, position total $-37,229 (+$7,183 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 6 × $79 | 24 Jul | 10d | 3.4% | 62% | 81% | $2,070 | $6,210 | +$3,024 | $39,258 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $79 3.4% OTM over spot $76.40 24 Jul 2026 (10d, $3.58 mid) = $2,070 credit for the 10d cycle → $6,210/mo projected Survival (stays ≤ $79) 62% Breach risk 38% POP (stays ≤ $82.58) 73% EV / mo +$1,281 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.3 mo [2.6-6.6] median, 0.5 mo SLOWER than no FIGHT (3.8 mo): roll costs eat the credits at this rung · 32% of paths whole by 9 mo (vs 20% without) · ~21.8 challenges expected · median CC cash $11,669 🛡 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) 66% Flat exit net (mid-life) -$77 Free roll-up +$4/wk Safest escape (by 31 Jul 2026) $96 @ 90% POP 89% survival Roll menuyour doors if the call gets challenged; each row = buy back the 6 calls + sell the new ones, one order. Prices assume the central case (day 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $5.06/sh now → $3.58 mid-life (likely $4.70–$6.48) → ≈ $0 at expiry | you banked $3.45/sh, so a flat mid-life exit nets -$0.13/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,982 simulated challenges: the $79 strike is typically first touched on day 3 of 10, at $81 (overshoots $2.35). 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 ⚠ $79 is $69 below CC-SS $147.88: 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 ≥ $82.58 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $79)); NOT the premium you collected. Momentum override: two daily closes above $114.29 (daily upper band) or daily RSI > 70 → treat "pressing" as "through".
If held to expiryexact, settlement = intrinsic · fortress delta 1.03 (IBKR)
V-BOUNCE STRESS (stock → CC-SS $147.88, where you are whole again, by expiry) Starting unrealized P&L: $-44,412 + Fortress recovery (un-capped): +$44,004 − CC assignment net of premium (6 × $79): -$39,258 Total Position P&L @ SS: $-39,667 (+$4,745 vs today) Do-nothing baseline at SS: $-5,113 (this trade vs do-nothing: $-34,554, the opportunity cost of earning $6,210/mo FIGHT income now) BB-reversion stress (→ $138.00 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$33,330, position total $-39,821 (+$4,591 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 3-45 DTE band (3 expiries scanned, 32 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: 1.026 (IBKR) | Recovery@SS: +$44,004 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-5,113
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $85 | 3d | 17 Jul 2026 | $0.62 | 5/6 | $3,100 | $2,780 | 89% | 91% | +$2,013 | -$31,130 | 195.4% | $-32,323 (vs do-nothing $-27,210) |
| $83.50 | 3d | 17 Jul 2026 | $0.77 | 4/6 | $3,080 | $2,767 | 85% | 88% | +$1,708 | -$25,444 | 159.7% | $-27,421 (vs do-nothing $-22,308) |
| $82.50 | 3d | 17 Jul 2026 | $0.98 | 4/6 | $3,920 | $3,607 | 82% | 86% | +$2,074 | -$25,760 | 161.7% | $-27,737 (vs do-nothing $-22,624) |
| $85 | 10d | 24 Jul 2026 | $1.77 | 6/6 | $3,186 | $2,859 | 78% | 82% | +$1,101 | -$36,666 | 230.2% | $-37,075 (vs do-nothing $-31,962) |
| $81.50 | 3d | 17 Jul 2026 | $1.18 | 3/6 | $3,540 | $3,234 | 78% | 83% | +$1,692 | -$19,560 | 122.8% | $-22,321 (vs do-nothing $-17,208) |
| $84 | 10d | 24 Jul 2026 | $1.98 | 6/6 | $3,564 | $3,237 | 76% | 81% | +$1,141 | -$37,140 | 233.1% | $-37,549 (vs do-nothing $-32,436) |
| $85 | 17d | 31 Jul 2026 | $2.94 | 6/6 | $3,113 | $2,786 | 74% | 79% | +$878 | -$35,964 | 225.8% | $-36,373 (vs do-nothing $-31,260) |
| $83 | 10d | 24 Jul 2026 | $2.23 | 5/6 | $3,345 | $3,025 | 74% | 79% | +$1,004 | -$31,325 | 196.6% | $-32,518 (vs do-nothing $-27,405) |
| $84 | 17d | 31 Jul 2026 | $3.15 | 6/6 | $3,335 | $3,008 | 72% | 78% | +$844 | -$36,438 | 228.7% | $-36,847 (vs do-nothing $-31,734) |
| $80 | 3d | 17 Jul 2026 | $1.56 | 2/6 | $3,120 | $2,821 | 72% | 79% | +$1,257 | -$13,264 | 83.3% | $-16,809 (vs do-nothing $-11,696) |
| $82 | 10d | 24 Jul 2026 | $2.51 | 5/6 | $3,765 | $3,445 | 71% | 78% | +$1,058 | -$31,685 | 198.9% | $-32,878 (vs do-nothing $-27,765) |
| $83 | 17d | 31 Jul 2026 | $3.45 | 5/6 | $3,044 | $2,724 | 70% | 77% | +$734 | -$30,715 | 192.8% | $-31,908 (vs do-nothing $-26,795) |
| $81 | 10d | 24 Jul 2026 | $2.85 | 4/6 | $3,420 | $3,107 | 68% | 76% | +$924 | -$25,612 | 160.8% | $-27,589 (vs do-nothing $-22,476) |
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $82 | 17d | 31 Jul 2026 | $3.75 | 5/6 | $3,309 | $2,989 | 68% | 76% | +$742 | -$31,065 | 195.0% | $-32,258 (vs do-nothing $-27,145) |
| $79 | 3d | 17 Jul 2026 | $1.90 | 2/6 | $3,800 | $3,501 | 67% | 76% | +$1,382 | -$13,396 | 84.1% | $-16,941 (vs do-nothing $-11,828) |
| $81 | 17d | 31 Jul 2026 | $4.10 | 5/6 | $3,618 | $3,297 | 65% | 75% | +$771 | -$31,390 | 197.1% | $-32,583 (vs do-nothing $-27,470) |
| $80 | 10d | 24 Jul 2026 | $3.10 | 4/6 | $3,720 | $3,407 | 65% | 74% | +$851 | -$25,912 | 162.7% | $-27,889 (vs do-nothing $-22,776) |
| $80 | 17d | 31 Jul 2026 | $4.45 | 4/6 | $3,141 | $2,828 | 63% | 73% | +$620 | -$25,372 | 159.3% | $-27,349 (vs do-nothing $-22,236) |
| $79 | 10d | 24 Jul 2026 | $3.45 | 3/6 | $3,105 | $2,799 | 62% | 73% | +$641 | -$19,629 | 123.2% | $-22,390 (vs do-nothing $-17,277) |
| $78 | 3d | 17 Jul 2026 | $2.25 | 2/6 | $4,500 | $4,201 | 61% | 73% | +$1,404 | -$13,526 | 84.9% | $-17,071 (vs do-nothing $-11,958) |
| $79 | 17d | 31 Jul 2026 | $4.65 | 4/6 | $3,282 | $2,969 | 61% | 72% | +$497 | -$25,692 | 161.3% | $-27,669 (vs do-nothing $-22,556) |
| $78 | 10d | 24 Jul 2026 | $3.85 | 3/6 | $3,465 | $3,159 | 58% | 71% | +$653 | -$19,809 | 124.4% | $-22,570 (vs do-nothing $-17,457) |
| $78 | 17d | 31 Jul 2026 | $5.25 | 4/6 | $3,706 | $3,393 | 58% | 71% | +$636 | -$25,852 | 162.3% | $-27,829 (vs do-nothing $-22,716) |
| $77 | 17d | 31 Jul 2026 | $5.55 | 4/6 | $3,918 | $3,604 | 55% | 69% | +$540 | -$26,132 | 164.0% | $-28,109 (vs do-nothing $-22,996) |
| $77 | 3d | 17 Jul 2026 | $2.66 | 2/6 | $5,320 | $5,021 | 55% | 70% | +$1,411 | -$13,644 | 85.7% | $-17,189 (vs do-nothing $-12,076) |
| $77 | 10d | 24 Jul 2026 | $4.25 | 3/6 | $3,825 | $3,519 | 55% | 69% | +$628 | -$19,989 | 125.5% | $-22,750 (vs do-nothing $-17,637) |
| $76 | 17d | 31 Jul 2026 | $6.15 | 3/6 | $3,256 | $2,950 | 53% | 69% | +$475 | -$19,719 | 123.8% | $-22,480 (vs do-nothing $-17,367) |
| $76 | 10d | 24 Jul 2026 | $4.75 | 3/6 | $4,275 | $3,969 | 52% | 68% | +$654 | -$20,139 | 126.4% | $-22,900 (vs do-nothing $-17,787) |
| $75 | 17d | 31 Jul 2026 | $6.50 | 3/6 | $3,441 | $3,135 | 50% | 67% | +$396 | -$19,914 | 125.0% | $-22,675 (vs do-nothing $-17,562) |
| $76 | 3d | 17 Jul 2026 | $3.10 | 1/6 | $3,100 | $2,808 | 49% | 68% | +$667 | -$6,878 | 43.2% | $-11,207 (vs do-nothing $-6,094) |
| $75 | 10d | 24 Jul 2026 | $5.25 | 2/6 | $3,150 | $2,851 | 48% | 66% | +$428 | -$13,526 | 84.9% | $-17,071 (vs do-nothing $-11,958) |
| $75 | 3d | 17 Jul 2026 | $3.65 | 1/6 | $3,650 | $3,358 | 43% | 65% | +$663 | -$6,923 | 43.5% | $-11,252 (vs do-nothing $-6,139) |
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 6 contracts at the conservative CC.