6 contracts (600 sh) | BE SS: $141.55 | CC-SS: $148.41 | IV: HIGH | Accounts: RetireInc:7291
| Max Loss | $69,930 | (ND $26.55 + SW $90) x 600 |
| Normal income ref | $6,300/mo | 95% ann ROI on ML |
| Hedge rolling cost | $325/mo | |
| Unrealized P&L | $-42,711 | 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 | 6 × $88.50 | 88% | $3,360 | $1,270 |
| NEXT FRIDAY | 24 Jul 2026 · 10d | 6 × $89 | 79% | $3,204 | $725 |
| 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 × $100 | 17 Jul | 3d | 25.4% | 99% | 3% | $36 | $360 | -$3,000 | $29,011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $100 25.4% OTM over spot $79.77 17 Jul 2026 (3d, $0.07 mid) = $36 credit for the 3d cycle → $360/mo projected Survival (stays ≤ $100) 99% Breach risk 1% POP (stays ≤ $100.08) 99% EV / mo +$263 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 2.6 mo [1.5-4.5] median, 0.1 mo faster than no FIGHT (2.7 mo) · 36% of paths whole by 9 mo (vs 35% without) · ~1.1 challenges expected · median CC cash $-271 🛡 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) 1% Flat exit net (mid-life) -$1,679 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $110 @ 79% POP 74% 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: $4.04/sh now → $2.86 mid-life → ≈ $0 at expiry | you banked $0.06/sh, so a flat mid-life exit nets -$2.80/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 ⚠ $100 is $48 below CC-SS $148.41: 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 < $0.01/sh (~25% of the $0.06 collected) or spot ≥ $100.08 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $100)); NOT the premium you collected. Momentum override: two daily closes above $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $100): -$29,011 Total Position P&L @ SS: $-29,092 (+$13,619 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-23,970, the opportunity cost of earning $360/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$22,758, position total $-29,311 (+$13,400 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal | 5 × $90 | 17 Jul | 3d | 12.8% | 91% | 18% | $210 | $2,100 | -$1,260 | $28,996 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $90 12.8% OTM over spot $79.77 17 Jul 2026 (3d, $0.45 mid) = $210 credit for the 3d cycle → $2,100/mo projected Survival (stays ≤ $90) 91% Breach risk 9% POP (stays ≤ $90.45) 92% EV / mo +$1,157 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.7 mo [1.9-5.8] median, 0.1 mo SLOWER than no FIGHT (3.6 mo): roll costs eat the credits at this rung · 35% of paths whole by 9 mo (vs 29% without) · ~8.3 challenges expected · median CC cash $6,613 🛡 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) -$1,077 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $102 @ 82% POP 79% 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: $3.64/sh now → $2.57 mid-life (likely $2.43–$4.49) → ≈ $0 at expiry | you banked $0.42/sh, so a flat mid-life exit nets -$2.15/sh | roll rows are incremental, the banked premium stays yours 📊 Across 322 simulated challenges: the $90 strike is typically first touched on day 2 of 3, at $93 (overshoots $2.51). 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 ⚠ $90 is $58 below CC-SS $148.41: 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 < $0.10/sh (~25% of the $0.42 collected) or spot ≥ $90.45 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $90)); NOT the premium you collected. Momentum override: two daily closes above $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (5 × $90): -$28,996 − Conservative CC assignment net of premium (1 × $140): -$840 Total Position P&L @ SS: $-29,917 (+$12,794 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-24,795, the opportunity cost of earning $2,100/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$23,785, position total $-30,337 (+$12,374 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 6 × $90 | 17 Jul | 3d | 12.8% | 91% | 18% | $252 | $2,520 | -$840 | $34,795 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $90 12.8% OTM over spot $79.77 17 Jul 2026 (3d, $0.45 mid) = $252 credit for the 3d cycle → $2,520/mo projected Survival (stays ≤ $90) 91% Breach risk 9% POP (stays ≤ $90.45) 92% EV / mo +$1,388 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.8 mo [2.4-5.5] median, 0.2 mo SLOWER than no FIGHT (3.6 mo): roll costs eat the credits at this rung · 37% of paths whole by 9 mo (vs 30% without) · ~8.4 challenges expected · median CC cash $8,852 🛡 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) -$1,292 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $102 @ 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: $3.64/sh now → $2.57 mid-life (likely $2.50–$4.94) → ≈ $0 at expiry | you banked $0.42/sh, so a flat mid-life exit nets -$2.15/sh | roll rows are incremental, the banked premium stays yours 📊 Across 328 simulated challenges: the $90 strike is typically first touched on day 2 of 3, at $93 (overshoots $2.72). 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 ⚠ $90 is $58 below CC-SS $148.41: 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 < $0.10/sh (~25% of the $0.42 collected) or spot ≥ $90.45 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $90)); NOT the premium you collected. Momentum override: two daily closes above $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $90): -$34,795 Total Position P&L @ SS: $-34,876 (+$7,835 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-29,754, the opportunity cost of earning $2,520/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$28,542, position total $-35,095 (+$7,616 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 6 × $88.50 | 17 Jul | 3d | 11.0% | 88% | 14% | $336 | $3,360 | — | $35,611 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $88.50 11.0% OTM over spot $79.77 17 Jul 2026 (3d, $0.64 mid) = $336 credit for the 3d cycle → $3,360/mo projected Survival (stays ≤ $88.50) 88% Breach risk 12% POP (stays ≤ $89.14) 89% EV / mo +$1,637 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.0 mo [1.8-5.7] median, 0.1 mo faster than no FIGHT (3.0 mo) · 38% of paths whole by 9 mo (vs 31% without) · ~11.0 challenges expected · median CC cash $11,222 🛡 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) 14% Flat exit net (mid-life) -$1,182 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $102 @ 83% POP 80% 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 $2.33–$4.49) → ≈ $0 at expiry | you banked $0.56/sh, so a flat mid-life exit nets -$1.97/sh | roll rows are incremental, the banked premium stays yours 📊 Across 413 simulated challenges: the $88 strike is typically first touched on day 2 of 3, at $91 (overshoots $2.47). 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 ⚠ $88.50 is $60 below CC-SS $148.41: 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 < $0.14/sh (~25% of the $0.56 collected) or spot ≥ $89.14 (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 $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $88.50): -$35,611 Total Position P&L @ SS: $-35,692 (+$7,019 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-30,570, the opportunity cost of earning $3,360/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$29,358, position total $-35,911 (+$6,800 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 6 × $85 | 17 Jul | 3d | 6.6% | 77% | 47% | $714 | $7,140 | +$3,780 | $37,333 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $85 6.6% OTM over spot $79.77 17 Jul 2026 (3d, $1.23 mid) = $714 credit for the 3d cycle → $7,140/mo projected Survival (stays ≤ $85) 77% Breach risk 23% POP (stays ≤ $86.23) 82% EV / mo +$2,709 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.7 mo [2.3-5.9] median, 0.3 mo faster than no FIGHT (4.0 mo) · 45% of paths whole by 9 mo (vs 30% without) · ~21.7 challenges expected · median CC cash $19,306 🛡 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) 30% Flat exit net (mid-life) -$744 Free roll-up +$5/wk Safest escape (by 31 Jul 2026) $102 @ 88% POP 86% 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: $3.44/sh now → $2.43 mid-life (likely $2.75–$4.91) → ≈ $0 at expiry | you banked $1.19/sh, so a flat mid-life exit nets -$1.24/sh | roll rows are incremental, the banked premium stays yours 📊 Across 910 simulated challenges: the $85 strike is typically first touched on day 2 of 3, at $88 (overshoots $2.53). 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 $148.41: 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 $1.19 collected) or spot ≥ $86.23 (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 $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $85): -$37,333 Total Position P&L @ SS: $-37,414 (+$5,297 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-32,292, the opportunity cost of earning $7,140/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$31,080, position total $-37,633 (+$5,078 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 | 5 × $104 | 24 Jul | 10d | 30.4% | 97% | 7% | $130 | $390 | -$2,814 | $22,076 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 5 × $104 30.4% OTM over spot $79.77 24 Jul 2026 (10d, $0.56 mid) = $130 credit for the 10d cycle → $390/mo projected Survival (stays ≤ $104) 97% Breach risk 3% POP (stays ≤ $104.56) 97% EV / mo +$263 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.0 mo [2.1-5.8] median, 0.1 mo SLOWER than no FIGHT (3.8 mo): roll costs eat the credits at this rung · 27% of paths whole by 9 mo (vs 26% without) · ~1.2 challenges expected · median CC cash $-156 🛡 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) 5% Flat exit net (mid-life) -$2,230 Free roll-up +$1/wk Safest escape (by 31 Jul 2026) $105 @ 69% POP 56% 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 5 of 10); earlier = worse credits, later = better, through the strike = add intrinsic Buyback gross: $6.67/sh now → $4.72 mid-life (likely $3.58–$6.33) → ≈ $0 at expiry | you banked $0.26/sh, so a flat mid-life exit nets -$4.46/sh | roll rows are incremental, the banked premium stays yours 📊 Across 146 simulated challenges: the $104 strike is typically first touched on day 8 of 10, at $107 (overshoots $3.06). 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 ⚠ $104 is $44 below CC-SS $148.41: 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 < $0.07/sh (~25% of the $0.26 collected) or spot ≥ $104.56 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $104)); NOT the premium you collected. Momentum override: two daily closes above $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (5 × $104): -$22,076 − Conservative CC assignment net of premium (1 × $140): -$840 Total Position P&L @ SS: $-22,997 (+$19,714 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-17,875, the opportunity cost of earning $390/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$16,865, position total $-23,417 (+$19,294 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🛡 safe yield | 6 × $100 | 24 Jul | 10d | 25.4% | 94% | 12% | $234 | $702 | -$2,502 | $28,813 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $100 25.4% OTM over spot $79.77 24 Jul 2026 (10d, $0.49 mid) = $234 credit for the 10d cycle → $702/mo projected Survival (stays ≤ $100) 94% Breach risk 6% POP (stays ≤ $100.50) 95% EV / mo +$371 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.8 mo [2.2-6.3] median, 0.2 mo SLOWER than no FIGHT (3.6 mo): roll costs eat the credits at this rung · 27% of paths whole by 9 mo (vs 24% without) · ~2.0 challenges expected · median CC cash $1,083 🛡 IF CHALLENGED (spot reaches the strike) · challenge = the strike is touched at any point, so it runs ~2x the breach risk (finishing through it) Challenge odds (touch by expiry) 8% Flat exit net (mid-life) -$2,489 Free roll-up +$1/wk Safest escape (by 31 Jul 2026) $101 @ 69% POP 56% 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: $6.41/sh now → $4.54 mid-life (likely $3.68–$5.96) → ≈ $0 at expiry | you banked $0.39/sh, so a flat mid-life exit nets -$4.15/sh | roll rows are incremental, the banked premium stays yours 📊 Across 255 simulated challenges: the $100 strike is typically first touched on day 7 of 10, at $103 (overshoots $2.74). 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 ⚠ $100 is $48 below CC-SS $148.41: 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 < $0.10/sh (~25% of the $0.39 collected) or spot ≥ $100.50 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $100)); NOT the premium you collected. Momentum override: two daily closes above $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $100): -$28,813 Total Position P&L @ SS: $-28,894 (+$13,817 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-23,772, the opportunity cost of earning $702/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$22,560, position total $-29,113 (+$13,598 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 33% normal ← lean | 6 × $92 | 24 Jul | 10d | 15.3% | 85% | 32% | $744 | $2,232 | -$972 | $33,103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $92 15.3% OTM over spot $79.77 24 Jul 2026 (10d, $1.32 mid) = $744 credit for the 10d cycle → $2,232/mo projected Survival (stays ≤ $92) 85% Breach risk 15% POP (stays ≤ $93.33) 87% EV / mo +$891 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 4.0 mo [2.7-6.5] median, 0.2 mo SLOWER than no FIGHT (3.8 mo): roll costs eat the credits at this rung · 33% of paths whole by 9 mo (vs 25% without) · ~6.0 challenges expected · median CC cash $6,355 🛡 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) -$1,761 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $97 @ 74% POP 67% 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: $5.90/sh now → $4.17 mid-life (likely $3.98–$6.36) → ≈ $0 at expiry | you banked $1.24/sh, so a flat mid-life exit nets -$2.93/sh | roll rows are incremental, the banked premium stays yours 📊 Across 716 simulated challenges: the $92 strike is typically first touched on day 6 of 10, at $95 (overshoots $2.51). 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 $148.41: 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 < $0.31/sh (~25% of the $1.24 collected) or spot ≥ $93.33 (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 $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $92): -$33,103 Total Position P&L @ SS: $-33,184 (+$9,527 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-28,062, the opportunity cost of earning $2,232/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$26,850, position total $-33,403 (+$9,308 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 🎯 50% normal | 6 × $89 | 24 Jul | 10d | 11.6% | 79% | 34% | $1,068 | $3,204 | — | $34,579 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $89 11.6% OTM over spot $79.77 24 Jul 2026 (10d, $1.88 mid) = $1,068 credit for the 10d cycle → $3,204/mo projected Survival (stays ≤ $89) 79% Breach risk 21% POP (stays ≤ $90.88) 82% EV / mo +$1,013 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.8 mo [2.5-5.8] median, 0.1 mo SLOWER than no FIGHT (3.7 mo): roll costs eat the credits at this rung · 31% of paths whole by 9 mo (vs 25% without) · ~8.3 challenges expected · median CC cash $7,877 🛡 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) -$1,355 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $98 @ 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: $5.71/sh now → $4.04 mid-life (likely $4.22–$6.49) → ≈ $0 at expiry | you banked $1.78/sh, so a flat mid-life exit nets -$2.26/sh | roll rows are incremental, the banked premium stays yours 📊 Across 1,023 simulated challenges: the $89 strike is typically first touched on day 5 of 10, at $92 (overshoots $2.66). 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 ⚠ $89 is $59 below CC-SS $148.41: 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 < $0.45/sh (~25% of the $1.78 collected) or spot ≥ $90.88 (breakeven), whichever comes first. Time value = call mark price minus intrinsic (max(0, spot − $89)); NOT the premium you collected. Momentum override: two daily closes above $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $89): -$34,579 Total Position P&L @ SS: $-34,660 (+$8,051 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-29,538, the opportunity cost of earning $3,204/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$28,326, position total $-34,879 (+$7,832 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▸ | 100% normal | 6 × $82 | 24 Jul | 10d | 2.8% | 60% | 84% | $2,280 | $6,840 | +$3,636 | $37,567 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sell 6 × $82 2.8% OTM over spot $79.77 24 Jul 2026 (10d, $4.05 mid) = $2,280 credit for the 10d cycle → $6,840/mo projected Survival (stays ≤ $82) 60% Breach risk 40% POP (stays ≤ $86.05) 72% EV / mo +$1,200 📈 CAMPAIGN OUTLOOK (400 paths, sell-roll-repeat this rung for 9 mo) whole in 3.9 mo [2.5-5.8] median, 0.1 mo faster than no FIGHT (4.0 mo) · 38% of paths whole by 9 mo (vs 30% without) · ~23.0 challenges expected · median CC cash $12,700 🛡 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) 68% Flat exit net (mid-life) +$47 Free roll-up +$2/wk Safest escape (by 31 Jul 2026) $99 @ 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: $5.26/sh now → $3.72 mid-life (likely $5.04–$6.89) → ≈ $0 at expiry | you banked $3.80/sh, so a flat mid-life exit nets +$0.08/sh | roll rows are incremental, the banked premium stays yours 📊 Across 2,032 simulated challenges: the $82 strike is typically first touched on day 3 of 10, at $85 (overshoots $2.51). 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 ⚠ $82 is $66 below CC-SS $148.41: 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 < $0.95/sh (~25% of the $3.80 collected) or spot ≥ $86.05 (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 $111.86 (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 $148.41, where you are whole again, by expiry) Starting unrealized P&L: $-42,711 + Fortress recovery (un-capped): +$42,629 − CC assignment net of premium (6 × $82): -$37,567 Total Position P&L @ SS: $-37,648 (+$5,063 vs today) Do-nothing baseline at SS: $-5,122 (this trade vs do-nothing: $-32,526, the opportunity cost of earning $6,840/mo FIGHT income now) BB-reversion stress (→ $137.99 Upper BB (CC ceiling), the probable scenario per weekly technicals): CC give-up -$31,314, position total $-37,867 (+$4,844 vs today) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Every eligible strike x expiry in the 3-45 DTE band (3 expiries scanned, 30 clear the income floor), each sized to the minimum contracts that clear it. Sorted by survival (safest first): the primary 🎯 is the safest; rows below trade safety for income.
Fortress delta: 1.035 (IBKR) | Recovery@SS: +$42,629 (un-capped fortress gain if stock rallies to SS) | Do-nothing @ SS: $-5,122
| Strike | DTE | Expiry | Bid | Sell | Income/mo | Net/mo | Survival | POP (mid) | EV/mo | Cap Give-up @ CC-SS | %IC | Total P&L @ SS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $88.50 | 3d | 17 Jul 2026 | $0.56 | 6/6 | $3,360 | $3,035 | 88% | 89% | +$1,637 | -$35,611 | 223.5% | $-35,692 (vs do-nothing $-30,570) |
| $87.50 | 3d | 17 Jul 2026 | $0.70 | 5/6 | $3,500 | $3,177 | 85% | 87% | +$1,605 | -$30,106 | 189.0% | $-31,027 (vs do-nothing $-25,905) |
| $86.50 | 3d | 17 Jul 2026 | $0.90 | 4/6 | $3,600 | $3,279 | 82% | 85% | +$1,608 | -$24,405 | 153.2% | $-26,166 (vs do-nothing $-21,044) |
| $89 | 10d | 24 Jul 2026 | $1.78 | 6/6 | $3,204 | $2,879 | 79% | 82% | +$1,013 | -$34,579 | 217.1% | $-34,660 (vs do-nothing $-29,538) |
| $85 | 3d | 17 Jul 2026 | $1.19 | 3/6 | $3,570 | $3,251 | 77% | 82% | +$1,354 | -$18,666 | 117.2% | $-21,268 (vs do-nothing $-16,146) |
| $88 | 10d | 24 Jul 2026 | $1.96 | 6/6 | $3,528 | $3,203 | 76% | 81% | +$1,000 | -$35,071 | 220.2% | $-35,152 (vs do-nothing $-30,030) |
| $87 | 10d | 24 Jul 2026 | $2.23 | 5/6 | $3,345 | $3,022 | 74% | 79% | +$920 | -$29,591 | 185.8% | $-30,512 (vs do-nothing $-25,390) |
| $88 | 17d | 31 Jul 2026 | $3.00 | 6/6 | $3,176 | $2,852 | 72% | 78% | +$611 | -$34,447 | 216.2% | $-34,528 (vs do-nothing $-29,406) |
| $86 | 10d | 24 Jul 2026 | $2.51 | 5/6 | $3,765 | $3,442 | 72% | 78% | +$980 | -$29,951 | 188.0% | $-30,872 (vs do-nothing $-25,750) |
| $83.50 | 3d | 17 Jul 2026 | $1.56 | 3/6 | $4,680 | $4,361 | 71% | 78% | +$1,458 | -$19,005 | 119.3% | $-21,607 (vs do-nothing $-16,485) |
| $87 | 17d | 31 Jul 2026 | $3.15 | 6/6 | $3,335 | $3,011 | 70% | 77% | +$495 | -$34,957 | 219.4% | $-35,038 (vs do-nothing $-29,916) |
| $85 | 10d | 24 Jul 2026 | $2.80 | 4/6 | $3,360 | $3,039 | 69% | 76% | +$808 | -$24,245 | 152.2% | $-26,006 (vs do-nothing $-20,884) |
| $86 | 17d | 31 Jul 2026 | $3.40 | 6/6 | $3,600 | $3,275 | 68% | 76% | +$461 | -$35,407 | 222.3% | $-35,488 (vs do-nothing $-30,366) |
| 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 | 17d | 31 Jul 2026 | $3.80 | 5/6 | $3,353 | $3,030 | 66% | 75% | +$466 | -$29,806 | 187.1% | $-30,727 (vs do-nothing $-25,605) |
| $82.50 | 3d | 17 Jul 2026 | $1.90 | 2/6 | $3,800 | $3,483 | 66% | 75% | +$1,076 | -$12,802 | 80.4% | $-16,244 (vs do-nothing $-11,122) |
| $84 | 10d | 24 Jul 2026 | $3.00 | 4/6 | $3,600 | $3,279 | 66% | 75% | +$687 | -$24,565 | 154.2% | $-26,326 (vs do-nothing $-21,204) |
| $84 | 17d | 31 Jul 2026 | $4.10 | 5/6 | $3,618 | $3,295 | 64% | 73% | +$437 | -$30,156 | 189.3% | $-31,077 (vs do-nothing $-25,955) |
| $83 | 10d | 24 Jul 2026 | $3.45 | 4/6 | $4,140 | $3,819 | 63% | 73% | +$825 | -$24,785 | 155.6% | $-26,546 (vs do-nothing $-21,424) |
| $83 | 17d | 31 Jul 2026 | $4.45 | 5/6 | $3,926 | $3,604 | 62% | 72% | +$428 | -$30,481 | 191.3% | $-31,402 (vs do-nothing $-26,280) |
| $81.50 | 3d | 17 Jul 2026 | $2.28 | 2/6 | $4,560 | $4,243 | 61% | 72% | +$1,144 | -$12,926 | 81.1% | $-16,368 (vs do-nothing $-11,246) |
| $82 | 10d | 24 Jul 2026 | $3.80 | 3/6 | $3,420 | $3,101 | 60% | 72% | +$600 | -$18,783 | 117.9% | $-21,385 (vs do-nothing $-16,263) |
| $82 | 17d | 31 Jul 2026 | $4.85 | 4/6 | $3,424 | $3,103 | 59% | 71% | +$351 | -$24,625 | 154.6% | $-26,386 (vs do-nothing $-21,264) |
| $81 | 10d | 24 Jul 2026 | $4.30 | 3/6 | $3,870 | $3,551 | 57% | 70% | +$683 | -$18,933 | 118.9% | $-21,535 (vs do-nothing $-16,413) |
| $81 | 17d | 31 Jul 2026 | $5.60 | 4/6 | $3,953 | $3,632 | 57% | 70% | +$586 | -$24,725 | 155.2% | $-26,486 (vs do-nothing $-21,364) |
| $80 | 17d | 31 Jul 2026 | $5.95 | 3/6 | $3,150 | $2,831 | 55% | 69% | +$389 | -$18,738 | 117.6% | $-21,340 (vs do-nothing $-16,218) |
| $80 | 10d | 24 Jul 2026 | $4.65 | 3/6 | $4,185 | $3,866 | 54% | 68% | +$597 | -$19,128 | 120.1% | $-21,730 (vs do-nothing $-16,608) |
| $80 | 3d | 17 Jul 2026 | $2.98 | 2/6 | $5,960 | $5,643 | 53% | 69% | +$1,267 | -$13,086 | 82.1% | $-16,528 (vs do-nothing $-11,406) |
| $79 | 17d | 31 Jul 2026 | $6.25 | 3/6 | $3,309 | $2,990 | 52% | 68% | +$295 | -$18,948 | 118.9% | $-21,550 (vs do-nothing $-16,428) |
| $79 | 10d | 24 Jul 2026 | $5.10 | 3/6 | $4,590 | $4,271 | 50% | 67% | +$566 | -$19,293 | 121.1% | $-21,895 (vs do-nothing $-16,773) |
| $79 | 3d | 17 Jul 2026 | $3.50 | 1/6 | $3,500 | $3,184 | 48% | 66% | +$644 | -$6,591 | 41.4% | $-10,873 (vs do-nothing $-5,751) |
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.