| FORTRESS | STOCK | LC | SP | HP | SC | BE‑SS | CC‑SS | GAP | RM | HP OTM% | STATUS | CTRS | IC | NOTIONAL | URGENCY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint (...1782) | |||||||||||||||
| IREN (Joint) → +25C −47P +35P −55C |
$40.04 | 25 | 47 | 35 | 55 | $44.00 | $49.76 | 12 | 1.75x | 12.6% | SAFE | 20 | $32,000 | $80,080 | REPAIR SOON (15d) |
| GOOG (Joint) +310C −355C |
$339.99 | 310 | 0 | 0 | 355 | $392.50 | $347.87 | 0 | 1.00x | 0.0% | N/A | 5 | $41,250 | $169,995 | LEAPS-ONLY |
| IBIT +75C |
$47.37 | 75 | 0 | 0 | 0 | $70.58 | $52.15 | 0 | 1.00x | 0.0% | N/A | 50 | $22,328 | $236,850 | LEAPS-ONLY |
| MSTR (Joint) +180C −170C |
$156.59 | 180 | 0 | 0 | 170 | $233.00 | $169.49 | 0 | 1.00x | 0.0% | N/A | 10 | $53,000 | $156,590 | LEAPS-ONLY |
| AMZN +200C −250P +215P |
$248.24 | 200 | 250 | 215 | 0 | $267.92 | $270.27 | 35 | 1.52x | 13.4% | SAFE | 5 | $33,960 | $124,120 | ROLL SOON (50d) |
| BMNR (Joint) +23C −18P +25P |
$26.95 | 23 | 18 | 25 | 0 | $36.42 | $24.81 | 0 | 1.00x | 7.2% | OK | 150 | $201,300 | $404,250 | OK |
| COPX +65C −90P +68P −90C |
$83.19 | 65 | 90 | 68 | 90 | $93.40 | $96.13 | 22 | 1.77x | 18.3% | SAFE | 20 | $56,800 | $166,380 | OK |
| HOOD +65C −95P +80P |
$112.70 | 65 | 95 | 80 | 0 | $114.95 | $119.53 | 15 | 1.30x | 29.0% | SAFE | 10 | $49,950 | $112,700 | OK |
| Main (...1299) | |||||||||||||||
| IREN (Main) → +25C −47P +35P −55C |
$40.04 | 25 | 47 | 35 | 55 | $44.00 | $49.76 | 12 | 1.75x | 12.6% | SAFE | 20 | $32,000 | $80,080 | REPAIR SOON (15d) |
| BMNR (Main) → +25C −18P +45P |
$26.95 | 25 | 18 | 45 | 0 | $65.83 | $59.71 | 0 | 1.00x | -67.0% | ITM | 50 | $204,150 | $134,750 | REPAIR PLAN (106d) |
| IGV +70C −111C |
$107.42 | 70 | 0 | 0 | 111 | $96.50 | $87.91 | 0 | 1.00x | 0.0% | N/A | 12 | $31,800 | $128,904 | LEAPS-ONLY |
| MARA (Main) +13C |
$11.20 | 13 | 0 | 0 | 0 | $16.75 | $11.14 | 0 | 1.00x | 0.0% | N/A | 400 | $150,000 | $448,000 | LEAPS-ONLY |
| BMNR (Main) +23C −18P +25P |
$26.95 | 23 | 18 | 25 | 0 | $53.26 | $47.22 | 0 | 1.00x | 7.2% | OK | 75 | $226,950 | $202,125 | OK |
| COIN (Main) +165C −240P +90P −240C |
$189.78 | 165 | 240 | 90 | 240 | $210.90 | $214.27 | 150 | 9.93x | 52.6% | SAFE | 8 | $13,440 | $151,824 | OK |
| COIN (Main) +500C −330P +300P −240C |
$189.78 | 500 | 330 | 300 | 240 | $563.00 | $375.02 | 30 | 1.48x | -58.1% | ITM | 25 | $157,500 | $474,450 | OK |
| DELL +310C −400P +320P |
$532.95 | 310 | 400 | 320 | 0 | $562.50 | $572.37 | 80 | 1.32x | 40.0% | SAFE | 3 | $75,750 | $159,885 | OK |
| ETHA +13C −16P +10P |
$20.31 | 13 | 16 | 10 | 0 | $17.33 | $17.77 | 6 | 2.39x | 50.8% | SAFE | 50 | $21,650 | $101,550 | OK |
| GLD +320C −450P +330P −413C |
$381.51 | 320 | 450 | 330 | 413 | $456.00 | $469.13 | 120 | 1.88x | 13.5% | SAFE | 10 | $136,000 | $381,510 | ROLL SOON (50d) |
| GLXY +38C −38P +18P −26C |
$22.60 | 38 | 38 | 18 | 26 | $39.71 | $35.04 | 20 | 10.05x | 22.6% | SAFE | 125 | $27,625 | $282,562 | OK |
| HIMS +10C −20P +5P −32C |
$29.05 | 10 | 20 | 5 | 32 | $17.47 | $18.56 | 15 | 4.04x | 82.8% | SAFE | 15 | $7,395 | $43,575 | OK |
| MU (Main) +880C −1010P +340P −1350C |
$1046.92 | 880 | 1010 | 340 | 1350 | $1028.60 | $1041.10 | 670 | 5.51x | 67.5% | SAFE | 5 | $74,300 | $523,460 | ROLL SOON (50d) |
| NVDA +215C −225P +200P −240C |
$230.72 | 215 | 225 | 200 | 240 | $264.80 | $230.36 | 25 | 1.50x | 13.3% | SAFE | 10 | $49,800 | $230,720 | OK |
| RetireInc (...7291) | |||||||||||||||
| AAPL → +240C −330P +285P −360C |
$331.06 | 240 | 330 | 285 | 360 | $334.64 | $336.13 | 45 | 1.48x | 13.9% | SAFE | 5 | $47,320 | $165,530 | REPAIR PLAN (50d) |
| MARA (RetireInc) +40C |
$11.20 | 40 | 0 | 0 | 0 | $41.04 | $11.41 | 0 | 1.00x | 0.0% | N/A | 500 | $52,000 | $560,000 | LEAPS-ONLY |
| APP +460C −540P +185P |
$284.16 | 460 | 540 | 185 | 0 | $588.00 | $609.75 | 355 | 3.77x | 34.9% | SAFE | 1 | $12,800 | $28,416 | ROLL SOON (50d) |
| CLSK +17C −17P +10P |
$12.66 | 17 | 17 | 10 | 0 | $20.74 | $18.15 | 7 | 2.87x | 21.0% | SAFE | 25 | $9,350 | $31,662 | OK |
| ENPH +45C −60P +20P |
$31.98 | 45 | 60 | 20 | 0 | $56.15 | $58.50 | 40 | 6.48x | 37.5% | SAFE | 10 | $7,300 | $31,980 | OK |
| IREN (RetireInc) +50C −70P +23P −55C |
$40.04 | 50 | 70 | 23 | 55 | $63.43 | $66.59 | 47 | 7.86x | 42.6% | SAFE | 20 | $13,700 | $80,080 | ROLL SOON (50d) |
| MSTR (RetireInc) +125C −185P +55P −170C |
$156.59 | 125 | 185 | 55 | 170 | $161.00 | $162.93 | 130 | 11.83x | 64.9% | SAFE | 4 | $4,800 | $62,636 | OK |
| QCOM +190C −210P +100P −220C |
$184.30 | 190 | 210 | 100 | 220 | $224.00 | $226.51 | 110 | 4.24x | 45.7% | SAFE | 5 | $17,000 | $92,150 | OK |
| RKLB +115C −135P +45P −85C |
$69.82 | 115 | 135 | 45 | 85 | $141.55 | $147.11 | 90 | 4.39x | 35.5% | SAFE | 6 | $15,930 | $41,892 | OK |
| Neville (...0865) | |||||||||||||||
| SPY +640C |
$762.68 | 640 | 0 | 0 | 0 | $764.00 | $703.94 | 0 | 1.00x | 0.0% | N/A | 12 | $148,800 | $915,216 | LEAPS-ONLY |
| CRCL +45C −65P +40P |
$83.12 | 45 | 65 | 40 | 0 | $87.00 | $90.48 | 25 | 1.60x | 51.9% | SAFE | 5 | $21,000 | $41,560 | OK |
| CRWV +105C −120P +40P −95C |
$86.19 | 105 | 120 | 40 | 95 | $125.45 | $127.29 | 80 | 4.91x | 53.6% | SAFE | 5 | $10,225 | $43,095 | ROLL SOON (50d) |
| GOOG (Neville) +300C −345P +310P −368C |
$339.99 | 300 | 345 | 310 | 368 | $373.00 | $345.48 | 35 | 1.48x | 8.8% | OK | 15 | $109,500 | $509,985 | OK |
| GOOG (Neville) +340C −405P +360P −368C |
$339.99 | 340 | 405 | 360 | 368 | $398.00 | $384.40 | 45 | 1.88x | -5.9% | ITM | 5 | $25,500 | $169,995 | OK |
| INTC +85C −100P +35P −160C |
$119.28 | 85 | 100 | 35 | 160 | $114.00 | $116.23 | 65 | 3.24x | 70.7% | SAFE | 5 | $14,500 | $59,640 | OK |
| IREN (Neville) +45C −65P +21P −55C |
$40.04 | 45 | 65 | 21 | 55 | $56.50 | $57.71 | 44 | 15.67x | 47.6% | SAFE | 20 | $6,000 | $80,080 | ROLL SOON (50d) |
| MU (Neville) +970C −1110P +390P −1250C |
$1046.92 | 970 | 1110 | 390 | 1250 | $1220.00 | $1230.26 | 720 | 3.88x | 62.7% | SAFE | 2 | $50,000 | $209,384 | ROLL SOON (50d) |
| SNDK +1200C −1380P +810P −1850C |
$1751.82 | 1200 | 1380 | 810 | 1850 | $1620.00 | $1629.34 | 570 | 2.36x | 53.8% | SAFE | 1 | $42,000 | $175,182 | ROLL SOON (50d) |
| SPCX +150C −195P +135P −155C |
$151.44 | 150 | 195 | 135 | 155 | $186.00 | $189.68 | 60 | 3.22x | 10.9% | SAFE | 5 | $13,500 | $75,720 | OK |
| # | NEW HP | EXPIRY | DTE | OTM% | ASK | ROLL CR/SH | ROLL TOTAL | HEDGE/YR | STRESS/YR | SAVED/YR | GAP | ML+ | PAYBACK | PB+INC | NEW RM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 32 | Jan 15 | 106d | 20.1% | $2.93 | $-2.45 | $-4,900 | $20,178 | $39,943 | $8,058 | 15 | $6,000 | 9mo | 1mo | 1.94x | PASS |
| 2 | 30 | Jan 15 | 106d | 25.1% | $2.19 | $-1.71 | $-3,420 | $15,082 | $32,368 | $13,154 | 17 | $10,000 | 9mo | 2mo | 2.06x | PASS |
| SCENARIO | CC INCOME | HEDGE COST | VERDICT |
|---|---|---|---|
| CC at SS $50, B $1.26 | $25,200/yr | $20,178/yr | SELF-FUNDING |
| CC at MID $46 0.6σ, B $1.91 | $38,200/yr | $20,178/yr | SELF-FUNDING |
| AT 20% DRAWDOWN (stock $40.04 → $31.89, hedge $39,943/yr) | |||
| CC at SS income stress-adjusted | $11,600/yr | $39,943/yr | DEFICIT $2,362/mo |
| CC at MID income stress-adjusted | $11,600/yr | $39,943/yr | DEFICIT $2,362/mo |
| # | NEW HP | EXPIRY | DTE | OTM% | ASK | ROLL CR/SH | ROLL TOTAL | HEDGE/YR | STRESS/YR | SAVED/YR | GAP | ML+ | PAYBACK | PB+INC | NEW RM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 32 | Jan 15 | 106d | 20.1% | $2.93 | $-2.45 | $-4,900 | $20,178 | $39,943 | $8,058 | 15 | $6,000 | 9mo | 1mo | 1.94x | PASS |
| 2 | 30 | Jan 15 | 106d | 25.1% | $2.19 | $-1.71 | $-3,420 | $15,082 | $32,368 | $13,154 | 17 | $10,000 | 9mo | 2mo | 2.06x | PASS |
| SCENARIO | CC INCOME | HEDGE COST | VERDICT |
|---|---|---|---|
| CC at SS $50, B $1.26 | $25,200/yr | $20,178/yr | SELF-FUNDING |
| CC at MID $46 0.6σ, B $1.91 | $38,200/yr | $20,178/yr | SELF-FUNDING |
| AT 20% DRAWDOWN (stock $40.04 → $31.89, hedge $39,943/yr) | |||
| CC at SS income stress-adjusted | $11,600/yr | $39,943/yr | DEFICIT $2,362/mo |
| CC at MID income stress-adjusted | $11,600/yr | $39,943/yr | DEFICIT $2,362/mo |
| # | NEW HP | EXPIRY | DTE | OTM% | ASK | ROLL CR/SH | ROLL TOTAL | HEDGE/YR | STRESS/YR | SAVED/YR | GAP | ML+ | PAYBACK | PB+INC | NEW RM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 24 | Jan 15 | 106d | 10.9% | $2.88 | $15.22 | $76,100 | $49,585 | $55,955 | $284,425 | -6 | $-30,000 | N/A | N/A | 0.85x | PASS |
| 2 | 22 | Jan 15 | 106d | 16.5% | $2.23 | $15.87 | $79,350 | $38,394 | $64,564 | $295,616 | -4 | $-22,500 | N/A | N/A | 0.89x | PASS |
| 3 | 21 | Jan 15 | 106d | 22.1% | $1.67 | $16.43 | $82,150 | $28,752 | $70,590 | $305,257 | -3 | $-15,000 | N/A | N/A | 0.93x | PASS |
| 4 | 20 | Jan 15 | 106d | 25.8% | $1.36 | $16.74 | $83,700 | $23,415 | $67,146 | $310,594 | -2 | $-10,000 | N/A | N/A | 0.95x | PASS |
| 5 | 19 | Jan 15 | 106d | 29.5% | $1.10 | $17.00 | $85,000 | $18,939 | $58,538 | $315,071 | -1 | $-5,000 | N/A | N/A | 0.98x | PASS |
| SCENARIO | CC INCOME | HEDGE COST | VERDICT |
|---|---|---|---|
| CC at SS BELOW SS $60 — assignment locks a loss · $35, B $0.54 | $27,000/yr | $49,585/yr | DEFICIT $1,882/mo |
| CC at MID $31 0.6σ, B $0.95 | $47,500/yr | $49,585/yr | DEFICIT $174/mo |
| AT 24% DRAWDOWN (stock $26.95 → $20.56, hedge $55,955/yr) | |||
| CC at SS income stress-adjusted | $27,000/yr | $55,955/yr | DEFICIT $2,413/mo |
| CC at MID income stress-adjusted | $27,000/yr | $55,955/yr | DEFICIT $2,413/mo |
| # | NEW HP | EXPIRY | DTE | OTM% | ASK | ROLL CR/SH | ROLL TOTAL | HEDGE/YR | STRESS/YR | SAVED/YR | GAP | ML+ | PAYBACK | PB+INC | NEW RM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 280 | Dec 18 | 78d | 15.4% | $2.21 | $-0.85 | $-425 | $5,171 | $16,378 | $936 | 50 | $2,500 | 32mo | 1mo | 1.53x | PASS |
| 2 | 275 | Dec 18 | 78d | 16.9% | $1.86 | $-0.50 | $-250 | $4,352 | $13,571 | $1,755 | 55 | $5,000 | 34mo | 2mo | 1.58x | PASS |
| 3 | 270 | Dec 18 | 78d | 18.4% | $1.49 | $-0.13 | $-65 | $3,486 | $11,348 | $2,621 | 60 | $7,500 | 34mo | 3mo | 1.63x | PASS |
| 4 | 235 | Dec 18 | 78d | 29.0% | $0.42 | $0.94 | $470 | $983 | $2,410 | $5,124 | 95 | $25,000 | 59mo | 8mo | 2.00x | FAIL |
| 5 | 240 | Dec 18 | 78d | 27.5% | $0.49 | $0.87 | $435 | $1,146 | $2,831 | $4,960 | 90 | $22,500 | 54mo | 7mo | 1.95x | FAIL |
| 6 | 235 | Jan 15 | 106d | 29.0% | $0.71 | $0.65 | $325 | $1,222 | $1,773 | $4,884 | 95 | $25,000 | 61mo | 8mo | 2.00x | FAIL |
| 7 | 245 | Dec 18 | 78d | 26.0% | $0.59 | $0.77 | $385 | $1,380 | $3,486 | $4,726 | 85 | $20,000 | 51mo | 6mo | 1.90x | FAIL |
| 8 | 240 | Jan 15 | 106d | 27.5% | $0.81 | $0.55 | $275 | $1,395 | $2,083 | $4,712 | 90 | $22,500 | 57mo | 7mo | 1.95x | FAIL |
| 9 | 245 | Jan 15 | 106d | 26.0% | $0.89 | $0.47 | $235 | $1,532 | $2,565 | $4,574 | 85 | $20,000 | 52mo | 6mo | 1.90x | FAIL |
| 10 | 250 | Dec 18 | 78d | 24.5% | $0.69 | $0.67 | $335 | $1,614 | $5,171 | $4,492 | 80 | $17,500 | 47mo | 6mo | 1.85x | FAIL |
| 11 | 250 | Jan 15 | 106d | 24.5% | $1.04 | $0.32 | $160 | $1,791 | $3,805 | $4,316 | 80 | $17,500 | 49mo | 6mo | 1.85x | FAIL |
| 12 | 255 | Dec 18 | 78d | 23.0% | $0.83 | $0.53 | $265 | $1,942 | $6,107 | $4,165 | 75 | $15,000 | 43mo | 5mo | 1.79x | FAIL |
| 13 | 255 | Jan 15 | 106d | 23.0% | $1.24 | $0.12 | $60 | $2,135 | $4,494 | $3,972 | 75 | $15,000 | 45mo | 5mo | 1.79x | FAIL |
| 14 | 260 | Dec 18 | 78d | 21.5% | $1.03 | $0.33 | $165 | $2,410 | $7,487 | $3,697 | 70 | $12,500 | 41mo | 4mo | 1.74x | FAIL |
| 15 | 260 | Jan 15 | 106d | 21.5% | $1.51 | $-0.15 | $-75 | $2,600 | $5,509 | $3,507 | 70 | $12,500 | 43mo | 4mo | 1.74x | FAIL |
| SCENARIO | CC INCOME | HEDGE COST | VERDICT |
|---|---|---|---|
| CC at SS $340, B $7.50 | $37,500/yr | $5,171/yr | SELF-FUNDING |
| CC at MID $350 0.7σ, B $4.05 | $20,250/yr | $5,171/yr | SELF-FUNDING |
| AT 10% DRAWDOWN (stock $331.06 → $297.95, hedge $16,378/yr) | |||
| CC at SS income stress-adjusted | $1,650/yr | $16,378/yr | DEFICIT $1,227/mo |
| CC at MID income stress-adjusted | $1,100/yr | $16,378/yr | DEFICIT $1,273/mo |
HP roll-downs do not change Safe Strike. SS = Max(LC+ND, (LC+SP+ND)/2). HP is not in the formula.
Monthly hedge cost prorated: (30/DTE) × (Ask × Shares). Payback = ML increase / Annual savings.
EST = ask price estimated as mid × 1.10 (10% safety buffer). Verify with live prices before executing.
Always prefer longest viable DTE for repair rolls (fewer rolls/yr = lower annual cost).