LEAPS Builder v6.0
UAMY $20,000 [itm] | 2026-05-05 00:07:27
UAMY @ $12.34
Sizing: $20,000 (Deep ITM Only) | Chains: Aug 2026 (109d), Nov 2026 (200d), Jan 2027 (256d), Jan 2028 (627d)
Breakout Mode: 6-month horizon, sigma-targets: +41%, +82%, +123%, +165%, +247% (IV 116%) ($20,000 ML budget)
All Candidates
| Chain | Type | Structure | Ct | Delta | IC | BE | Theta | Score |
|---|
| Aug '26 (109d) | Fortress | $10C/$12.5P/$10P | 34 | +0.623/sh (+2,117) | $11,050 | $13.25 (+7%) | $-32/d | 1.30 |
| ◆ | Nov '26 (200d) | Fortress | $10C/$12.5P/$7.5P | 26 | +0.579/sh (+1,506) | $6,630 | $12.55 (+2%) | $-15/d | 1.78 |
| ★ | Nov '26 (200d) | Pure | $10C | 38 | +0.758/sh (+2,882) | $19,760 | $15.20 (+23%) | $-34/d | 1.86 |
| Jan '27 (256d) | Fortress | $10C/$12.5P/$10P | 29 | +0.690/sh (+2,001) | $12,470 | $14.30 (+16%) | $-20/d | 1.69 |
| Jan '28 (627d) | Fortress | $7.5C/$12.5P/$5P | 17 | +0.726/sh (+1,233) | $6,630 | $11.95 (-3%) | $-3/d | 1.40 |
| ● | Now | Stock | 1,620 sh @ $12.34 | 1,620 | +1.000/sh (+1,620) | $19,991 | $12.34 (+0%) | $0/d | 1.26 |
★ = top breakout score across Fortress, Pure, Stock. ◆ = best Fortress (when not winner). ▲ = best Pure (when not winner). ● = Stock baseline reference. Read in light of Score Breakdown + Stop Profile.
Positive theta = you collect time decay daily (paid to wait).
Negative theta = you pay time decay daily (cost of holding long options).
Best Fortress: $10C / $12.5P / $7.5P (Nov '26, 200d)
| Leg | Action | Strike | Price | Delta |
|---|
| LC | BUY | $10.0C | $5.20 | +0.758 |
| SP | SELL | $12.5P | $4.10 | -0.332 |
| HP | BUY | $7.5P | $1.45 | +0.153 |
| Ct | Delta | IC | ML | BE | Theta | Lev | Score | ROIC |
|---|
| 26 |
+0.579/sh (+1,506) |
$6,630 | $19,630 |
$12.55 (+2%) | $-15/d |
4.8x | 1.78 | +476% |
Verdict: PURE PREFERRED
| Dimension |
Fortress |
Pure |
Winner |
| Score | 1.78 | 1.86 | PURE (-4%) |
| Contracts | 26 | 38 | PURE (-32%) |
| IC (capital) | $6,630 | $19,760 | FORT (-66%) |
| Max Loss | $19,630 | $19,760 | FORT (-1%) |
| Breakeven | $12.55 | $15.20 | FORT (-17%) |
| Theta/day | $-15 | $-34 | FORT (-57%) |
| ROIC@+25% | 113% | 4% | FORT (+2506%) |
Pure scores 4% higher on breakout score (sigma-weighted (5 targets at 0.5-3sigma of expected move), expiry P&L net of theta over 6-month hold). Fortress remains capital-efficient (see dimensions); see Score Breakdown below for per-target P&L.
Score Breakdown (sigma-weighted (5 targets at 0.5-3sigma))
| sigma | Move | Price | Weight |
Fortress 26ct | Pure 38ct | Stock 1,620sh | Winner |
|---|
| 0.5sigma | +41% | $17.42 | 15% | $+12,658 | $+8,431 | $+8,227 | (Fort) |
| 1sigma | +82% | $22.50 | 20% | $+25,863 | $+27,729 | $+16,455 | (Pure) |
| 1.5sigma | +123% | $27.58 | 30% | $+39,067 | $+47,028 | $+24,682 | (Pure) |
| 2sigma | +165% | $32.65 | 25% | $+52,272 | $+66,327 | $+32,909 | (Pure) |
| 3sigma | +247% | $42.81 | 10% | $+78,680 | $+104,924 | $+49,364 | (Pure) |
| Weighted average P&L | 100% |
$+39,727 |
$+47,993 |
$+25,093 |
(Pure) |
Each row is the at-expiry P&L if the stock lands at the
target price. Score = (weighted-avg P&L) / (max-loss + theta-cost-over-hold)
* time-fit. Read this table to override the score winner if your conviction
favors a specific scenario row.
Stop Profile (MTM loss if stop hits)
| Stop | Stock at |
Fortress 26ct | Pure 38ct | Stock 1,620sh | |
|---|
| -5% | $11.72 | -$929 | -$1,778 | -$1,000 | |
| -10% | $11.11 | -$1,859 | -$3,556 | -$1,999 | |
| -15% | $10.49 | -$2,788 | -$5,334 | -$2,999 | |
| -20% | $9.87 | -$3,718 | -$7,112 | -$3,998 | |
| -30% | $8.64 | -$5,577 | -$10,668 | -$5,997 | |
Loss = |net_delta_total * stock_price * stop_pct|. Delta-only first-order estimate; ignores vega/theta. Conservative (LOW-end) — real MTM loss is typically 10-30% larger due to extrinsic compression on a fast move.
P&L Comparison
| Move | Price | Fortress 26ct Nov'26 | Pure 38ct Nov'26 | Stock 1,620sh | F-P Diff | Winner |
|---|
| -19% | $10 | $-13,463 | $-19,760 | $-3,998 | $+6,297 | (Stock) |
| +0% | $12 | $-962 | $-10,868 | $0 | $+9,906 | (Stock) |
| +25% | $15 | $+7,475 | $+855 | $+4,998 | $+6,620 | (Fort) |
| +50% | $19 | $+15,496 | $+12,578 | $+9,995 | $+2,918 | (Fort) |
| +75% | $22 | $+23,517 | $+24,301 | $+14,993 | $-784 | (Pure) |
| +100% | $25 | $+31,538 | $+36,024 | $+19,991 | $-4,486 | (Pure) |
| +200% | $37 | $+63,622 | $+82,916 | $+39,982 | $-19,294 | (Pure) |
LEAPS Builder v6.0 | 2026-05-05 00:07:27