Every chain's best Fortress sized to the SAME contract count for apples-to-apples capital / max-loss / margin comparison. Change the dropdown to resize. Tick up to 2 chains in the ☑ column to compare them side by side. Structure: + = bought (long), − = sold (short). Click any BE & CC-Safe cell to open that chain's CC-Safe Strike card.
★ Score = (Weighted P&L ÷ Max Loss) × horizon-fit. Weighted P&L = expected expiry dollars across a weighted scenario basket. Moderate-bull basket (Bucket A weights): +25% carries the biggest weight, then +50% / +75%; flat and -20% count (they penalize high breakevens); +100% / +200% taper off — rewards stock-replacement structures that pay across the likely-bull range. ÷ Max Loss turns it into return-per-dollar-at-risk (capital efficiency, so a deeper/longer structure is not rewarded just for costing more). × horizon-fit peaks in the 1-2yr window (365-730 DTE) and tapers outside it, keeping the pick inside the thesis horizon. All three terms are size-invariant, so the ★ does not move when you change the contract count.
| ☑ | Chain | Structure | Ct | Delta | Sh Eqv | IC | ML | Margin | Theta | BE & CC-Safe | PnL @ +100% |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun '27 (345d) | +$300C −$440P +$300P | 4 | +1.013/sh | +405 | $43,912 | $99,912 | NA | $-78/d | BE $424.89 (+5%) CC-Safe ▾ | $+161,136 | |
| Sep '27 (437d) ★ | +$220C −$430P +$240P | 4 | +1.210/sh | +484 | $56,969 | $132,969 ▲ | NA | $+28/d | BE $396.21 (-2%) CC-Safe ▾ | $+180,079 | |
| Dec '27 (528d) | +$240C −$420P +$240P | 4 | +1.240/sh | +496 | $60,572 | $132,572 ▲ | NA | $+1/d | BE $405.71 (-0%) CC-Safe ▾ | $+168,476 | |
| Jan '28 (563d) | +$230C −$440P +$240P | 4 | +1.107/sh | +443 | $52,484 | $132,484 ▲ | NA | $-32/d | BE $400.61 (-1%) CC-Safe ▾ | $+180,564 | |
| Jun '28 (710d) | +$210C −$420P +$270P | 4 | +1.147/sh | +459 | $73,197 | $133,197 ▲ | NA | $+6/d | BE $406.50 (+0%) CC-Safe ▾ | $+167,851 | |
| Dec '28 (892d) | +$165C −$440P +$85P | 4 | +1.337/sh | +535 | $51,783 | $193,783 ▲ | NA | $+37/d | BE $367.23 (-10%) CC-Safe ▾ | $+207,265 |
Margin = Reg-T put-spread estimate (SP−HP width × 100 × contracts). NA — outside US RTH, snapshot prices are stale. This width-only estimate undercounts net-long Bucket A synthetics: the real IBKR portfolio (TIMS) margin is materially higher because it prices the long call's directional risk. Run live in US RTH for the exact TIMS figure.
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-99,912 | -228% |
| -25% | $304.73 | $-96,126 | -219% |
| +0% | $406.31 | $-14,864 | -34% |
| +25% | $507.89 | $+39,243 | +89% |
| +50% | $609.47 | $+79,874 | +182% |
| +75% | $711.04 | $+120,505 | +274% |
| +100% | $812.62 | $+161,136 | +367% |
| +125% | $914.20 | $+201,767 | +459% |
| +150% | $1,015.77 | $+242,398 | +552% |
| +175% | $1,117.35 | $+283,029 | +645% |
| +200% | $1,218.93 | $+323,660 | +737% |
| +225% | $1,320.51 | $+364,291 | +830% |
| +250% | $1,422.09 | $+404,922 | +922% |
| +275% | $1,523.66 | $+445,553 | +1015% |
| +300% | $1,625.24 | $+486,184 | +1107% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-132,969 | -233% |
| -25% | $304.73 | $-73,183 | -128% |
| +0% | $406.31 | $+8,079 | +14% |
| +25% | $507.89 | $+58,186 | +102% |
| +50% | $609.47 | $+98,817 | +173% |
| +75% | $711.04 | $+139,448 | +245% |
| +100% | $812.62 | $+180,079 | +316% |
| +125% | $914.20 | $+220,710 | +387% |
| +150% | $1,015.77 | $+261,341 | +459% |
| +175% | $1,117.35 | $+301,972 | +530% |
| +200% | $1,218.93 | $+342,603 | +601% |
| +225% | $1,320.51 | $+383,234 | +673% |
| +250% | $1,422.09 | $+423,865 | +744% |
| +275% | $1,523.66 | $+464,496 | +815% |
| +300% | $1,625.24 | $+505,127 | +887% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-132,572 | -219% |
| -25% | $304.73 | $-80,786 | -133% |
| +0% | $406.31 | $+476 | +1% |
| +25% | $507.89 | $+46,583 | +77% |
| +50% | $609.47 | $+87,214 | +144% |
| +75% | $711.04 | $+127,845 | +211% |
| +100% | $812.62 | $+168,476 | +278% |
| +125% | $914.20 | $+209,107 | +345% |
| +150% | $1,015.77 | $+249,738 | +412% |
| +175% | $1,117.35 | $+290,369 | +479% |
| +200% | $1,218.93 | $+331,000 | +546% |
| +225% | $1,320.51 | $+371,631 | +614% |
| +250% | $1,422.09 | $+412,262 | +681% |
| +275% | $1,523.66 | $+452,893 | +748% |
| +300% | $1,625.24 | $+493,524 | +815% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-132,484 | -252% |
| -25% | $304.73 | $-76,698 | -146% |
| +0% | $406.31 | $+4,564 | +9% |
| +25% | $507.89 | $+58,671 | +112% |
| +50% | $609.47 | $+99,302 | +189% |
| +75% | $711.04 | $+139,933 | +267% |
| +100% | $812.62 | $+180,564 | +344% |
| +125% | $914.20 | $+221,195 | +421% |
| +150% | $1,015.77 | $+261,826 | +499% |
| +175% | $1,117.35 | $+302,457 | +576% |
| +200% | $1,218.93 | $+343,088 | +654% |
| +225% | $1,320.51 | $+383,719 | +731% |
| +250% | $1,422.09 | $+424,350 | +809% |
| +275% | $1,523.66 | $+464,981 | +886% |
| +300% | $1,625.24 | $+505,612 | +963% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-133,197 | -182% |
| -25% | $304.73 | $-81,411 | -111% |
| +0% | $406.31 | $-149 | -0% |
| +25% | $507.89 | $+45,958 | +63% |
| +50% | $609.47 | $+86,589 | +118% |
| +75% | $711.04 | $+127,220 | +174% |
| +100% | $812.62 | $+167,851 | +229% |
| +125% | $914.20 | $+208,482 | +285% |
| +150% | $1,015.77 | $+249,113 | +340% |
| +175% | $1,117.35 | $+289,744 | +396% |
| +200% | $1,218.93 | $+330,375 | +451% |
| +225% | $1,320.51 | $+371,006 | +507% |
| +250% | $1,422.09 | $+411,637 | +562% |
| +275% | $1,523.66 | $+452,268 | +618% |
| +300% | $1,625.24 | $+492,899 | +673% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-131,259 | -253% |
| -25% | $304.73 | $-49,997 | -97% |
| +0% | $406.31 | $+31,265 | +60% |
| +25% | $507.89 | $+85,372 | +165% |
| +50% | $609.47 | $+126,003 | +243% |
| +75% | $711.04 | $+166,634 | +322% |
| +100% | $812.62 | $+207,265 | +400% |
| +125% | $914.20 | $+247,896 | +479% |
| +150% | $1,015.77 | $+288,527 | +557% |
| +175% | $1,117.35 | $+329,158 | +636% |
| +200% | $1,218.93 | $+369,789 | +714% |
| +225% | $1,320.51 | $+410,420 | +793% |
| +250% | $1,422.09 | $+451,051 | +871% |
| +275% | $1,523.66 | $+491,682 | +950% |
| +300% | $1,625.24 | $+532,313 | +1028% |
Every chain's best Fortress sized to the SAME contract count for apples-to-apples capital / max-loss / margin comparison. Change the dropdown to resize. Tick up to 2 chains in the ☑ column to compare them side by side. Structure: + = bought (long), − = sold (short). Click any BE & CC-Safe cell to open that chain's CC-Safe Strike card.
★ Score = (Weighted P&L ÷ Max Loss) × horizon-fit. Weighted P&L = expected expiry dollars across a weighted scenario basket. Convexity basket (Bucket B weights): +75% and +100% carry the biggest weight, +200% tail counted, downside (-20% / flat) lightly weighted — rewards OTM structures that pay big on a strong move. ÷ Max Loss turns it into return-per-dollar-at-risk (capital efficiency, so a deeper/longer structure is not rewarded just for costing more). × horizon-fit peaks in the 1-2yr window (365-730 DTE) and tapers outside it, keeping the pick inside the thesis horizon. All three terms are size-invariant, so the ★ does not move when you change the contract count.
| ☑ | Chain | Structure | Ct | Delta | Sh Eqv | IC | ML | Margin | Theta | BE & CC-Safe | PnL @ +100% |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun '27 (345d) ★ | +$450C −$450P +$400P | 7 | +0.531/sh | +372 | $64,644 | $99,644 | NA | $-240/d | BE $542.35 (+33%) CC-Safe ▾ | $+189,190 | |
| Sep '27 (437d) | +$370C −$460P +$290P | 7 | +1.012/sh | +709 | $53,884 | $172,884 ▲ | NA | $-117/d | BE $453.49 (+12%) CC-Safe ▾ | $+255,950 | |
| Dec '27 (528d) | +$370C −$460P +$310P | 7 | +1.042/sh | +729 | $69,811 | $174,811 ▲ | NA | $-62/d | BE $469.73 (+16%) CC-Safe ▾ | $+240,023 | |
| Jan '28 (563d) | +$370C −$460P +$400P | 7 | +0.798/sh | +558 | $97,685 | $139,685 ▲ | NA | $-88/d | BE $509.55 (+25%) CC-Safe ▾ | $+212,149 | |
| Jun '28 (710d) | +$370C −$450P +$340P | 7 | +0.736/sh | +515 | $96,321 | $173,321 ▲ | NA | $-221/d | BE $507.60 (+25%) CC-Safe ▾ | $+213,513 | |
| Dec '28 (892d) | +$370C −$460P +$210P | 7 | +1.026/sh | +718 | $57,972 | $232,972 ▲ | NA | $-67/d | BE $456.41 (+12%) CC-Safe ▾ | $+251,862 |
Margin = Reg-T put-spread estimate (SP−HP width × 100 × contracts). NA — outside US RTH, snapshot prices are stale. This width-only estimate undercounts net-long Bucket A synthetics: the real IBKR portfolio (TIMS) margin is materially higher because it prices the long call's directional risk. Run live in US RTH for the exact TIMS figure.
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-99,644 | -154% |
| -25% | $304.73 | $-99,644 | -154% |
| +0% | $406.31 | $-95,227 | -147% |
| +25% | $507.89 | $-24,122 | -37% |
| +50% | $609.47 | $+46,982 | +73% |
| +75% | $711.04 | $+118,086 | +183% |
| +100% | $812.62 | $+189,190 | +293% |
| +125% | $914.20 | $+260,295 | +403% |
| +150% | $1,015.77 | $+331,399 | +513% |
| +175% | $1,117.35 | $+402,503 | +623% |
| +200% | $1,218.93 | $+473,607 | +733% |
| +225% | $1,320.51 | $+544,712 | +843% |
| +250% | $1,422.09 | $+615,816 | +953% |
| +275% | $1,523.66 | $+686,920 | +1063% |
| +300% | $1,625.24 | $+758,024 | +1173% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-172,884 | -321% |
| -25% | $304.73 | $-162,572 | -302% |
| +0% | $406.31 | $-66,050 | -123% |
| +25% | $507.89 | $+42,637 | +79% |
| +50% | $609.47 | $+113,741 | +211% |
| +75% | $711.04 | $+184,846 | +343% |
| +100% | $812.62 | $+255,950 | +475% |
| +125% | $914.20 | $+327,054 | +607% |
| +150% | $1,015.77 | $+398,158 | +739% |
| +175% | $1,117.35 | $+469,262 | +871% |
| +200% | $1,218.93 | $+540,367 | +1003% |
| +225% | $1,320.51 | $+611,471 | +1135% |
| +250% | $1,422.09 | $+682,575 | +1267% |
| +275% | $1,523.66 | $+753,679 | +1399% |
| +300% | $1,625.24 | $+824,784 | +1531% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-174,811 | -250% |
| -25% | $304.73 | $-174,811 | -250% |
| +0% | $406.31 | $-81,977 | -117% |
| +25% | $507.89 | $+26,710 | +38% |
| +50% | $609.47 | $+97,815 | +140% |
| +75% | $711.04 | $+168,919 | +242% |
| +100% | $812.62 | $+240,023 | +344% |
| +125% | $914.20 | $+311,127 | +446% |
| +150% | $1,015.77 | $+382,232 | +548% |
| +175% | $1,117.35 | $+453,336 | +649% |
| +200% | $1,218.93 | $+524,440 | +751% |
| +225% | $1,320.51 | $+595,544 | +853% |
| +250% | $1,422.09 | $+666,648 | +955% |
| +275% | $1,523.66 | $+737,753 | +1057% |
| +300% | $1,625.24 | $+808,857 | +1159% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-139,685 | -143% |
| -25% | $304.73 | $-139,685 | -143% |
| +0% | $406.31 | $-109,851 | -112% |
| +25% | $507.89 | $-1,164 | -1% |
| +50% | $609.47 | $+69,941 | +72% |
| +75% | $711.04 | $+141,045 | +144% |
| +100% | $812.62 | $+212,149 | +217% |
| +125% | $914.20 | $+283,253 | +290% |
| +150% | $1,015.77 | $+354,358 | +363% |
| +175% | $1,117.35 | $+425,462 | +436% |
| +200% | $1,218.93 | $+496,566 | +508% |
| +225% | $1,320.51 | $+567,670 | +581% |
| +250% | $1,422.09 | $+638,774 | +654% |
| +275% | $1,523.66 | $+709,879 | +727% |
| +300% | $1,625.24 | $+780,983 | +799% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-173,321 | -180% |
| -25% | $304.73 | $-173,321 | -180% |
| +0% | $406.31 | $-101,487 | -105% |
| +25% | $507.89 | $+200 | +0% |
| +50% | $609.47 | $+71,304 | +74% |
| +75% | $711.04 | $+142,409 | +148% |
| +100% | $812.62 | $+213,513 | +222% |
| +125% | $914.20 | $+284,617 | +295% |
| +150% | $1,015.77 | $+355,721 | +369% |
| +175% | $1,117.35 | $+426,826 | +443% |
| +200% | $1,218.93 | $+497,930 | +517% |
| +225% | $1,320.51 | $+569,034 | +591% |
| +250% | $1,422.09 | $+640,138 | +665% |
| +275% | $1,523.66 | $+711,243 | +738% |
| +300% | $1,625.24 | $+782,347 | +812% |
| Move | Stock at | P&L (expiry) | ROI on IC |
|---|---|---|---|
| -50% | $203.16 | $-232,972 | -402% |
| -25% | $304.73 | $-166,660 | -287% |
| +0% | $406.31 | $-70,138 | -121% |
| +25% | $507.89 | $+38,549 | +66% |
| +50% | $609.47 | $+109,653 | +189% |
| +75% | $711.04 | $+180,758 | +312% |
| +100% | $812.62 | $+251,862 | +434% |
| +125% | $914.20 | $+322,966 | +557% |
| +150% | $1,015.77 | $+394,070 | +680% |
| +175% | $1,117.35 | $+465,174 | +802% |
| +200% | $1,218.93 | $+536,279 | +925% |
| +225% | $1,320.51 | $+607,383 | +1048% |
| +250% | $1,422.09 | $+678,487 | +1170% |
| +275% | $1,523.66 | $+749,591 | +1293% |
| +300% | $1,625.24 | $+820,696 | +1416% |