Fortress Rebuild Dashboard

ACCOUNT	TICKER · CT	STOCK	CC STRIKE	CC EXPIRY	EARN	CC STATUS	CC SURV%	OUTLOOK	STOCK FLAT	STOCK @ CAP	DECISION
Main:1299	IREN · 20c	$46.51	$55.00	Jul 10 '26 (10d)	—	OTM -15.4%	86%	comfortable 14% breach	−$3,000	+$12,541 @ $55.00	✓ SKIP →
Joint:1782	IREN · 20c	$46.51	$55.00	Jul 10 '26 (10d)	—	OTM -15.4%	86%	comfortable 14% breach	−$3,000	+$12,541 @ $55.00	✓ SKIP →
Neville:0865	IREN · 20c	$46.51	$60.00	Jul 17 '26 (17d)	—	OTM -22.5%	89%	safe, excess sigma 11% breach	−$27,810	+$1,331 @ $60.00	✓ SKIP →
RetireInc:7291	IREN · 20c	$46.51	—	—	—	NO CC	—	—	−$42,310	—	✓ SKIP →

✓ SKIP IREN · 20c · Main:1299

STOCK$46.51

ENTRY ~$45.00

CHG%+3.4%

BE SAFE STRIKE$44.00

SS DIST+5.4%

CC-SAFE STRIKE$48.52 (+4.3%)

NET DEBIT *$16.00

CC STATUSOTM -15.4%

CC SIGMA1.06σ (86%)

LC DTE570d

CAP LOCKED *$32,000

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

STOCK$46.51

CURRENT CC$55.00Jul 10 '26 · 10d

FORTRESS P/L (EX-CC)$-3,000

CC BUYBACK-$1,520

CLOSE P/L$-4,520

STOCK FLAT$-3,000

STOCK @ $55.00$12,541

Δ ABOVE CAP / PT$0/ptsynth Δ 0.92

REASON CC $55.00 is 15.4% OTM. Safe. Earning $0.76/sh time value. Normal operations. Hold-to-expiry: stock flat $-3,000 · at cap $12,541. Weekly gate: NEUTRAL. Reference Upper BB (CC ceiling) at $65.69. See BB ZONE in roll table below.

LEG	STRIKE	EXPIRY	DTE	MARK	DELTA	THETA	INTR	EXTR	STATUS
LC	$25.00	Jan 21 '28	570d	$30.65	0.88	-0.012	$21.51	$9.14	30% extr delta 0.88
SP	$47.00	Jan 21 '28	570d	$21.25	0.26	-0.014	$0.49	$20.76	ITM 1.0% ITM
HP	$35.00	Oct 16 '26	108d	$5.10	0.22	-0.038	$0.00	$5.10	ACTIVE floor 75%
CC	$55.00	Jul 10 '26	10d	$0.76	0.19	-0.108	$0.00	$0.76	OTM 15.4% OTM · 1.06σ (86%) · close $1,520

✓ SKIP IREN · 20c · Joint:1782

STOCK$46.51

ENTRY ~$45.00

CHG%+3.4%

BE SAFE STRIKE$44.00

SS DIST+5.4%

CC-SAFE STRIKE$48.52 (+4.3%)

NET DEBIT *$16.00

CC STATUSOTM -15.4%

CC SIGMA1.06σ (86%)

LC DTE570d

CAP LOCKED *$32,000

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

STOCK$46.51

CURRENT CC$55.00Jul 10 '26 · 10d

FORTRESS P/L (EX-CC)$-3,000

CC BUYBACK-$1,520

CLOSE P/L$-4,520

STOCK FLAT$-3,000

STOCK @ $55.00$12,541

Δ ABOVE CAP / PT$0/ptsynth Δ 0.92

REASON CC $55.00 is 15.4% OTM. Safe. Earning $0.76/sh time value. Normal operations. Hold-to-expiry: stock flat $-3,000 · at cap $12,541. Weekly gate: NEUTRAL. Reference Upper BB (CC ceiling) at $65.69. See BB ZONE in roll table below.

LEG	STRIKE	EXPIRY	DTE	MARK	DELTA	THETA	INTR	EXTR	STATUS
LC	$25.00	Jan 21 '28	570d	$30.65	0.88	-0.012	$21.51	$9.14	30% extr delta 0.88
SP	$47.00	Jan 21 '28	570d	$21.25	0.26	-0.014	$0.49	$20.76	ITM 1.0% ITM
HP	$35.00	Oct 16 '26	108d	$5.10	0.22	-0.038	$0.00	$5.10	ACTIVE floor 75%
CC	$55.00	Jul 10 '26	10d	$0.76	0.19	-0.108	$0.00	$0.76	OTM 15.4% OTM · 1.06σ (86%) · close $1,520

✓ SKIP IREN · 20c · Neville:0865

STOCK$46.51

ENTRY ~$58.25

CHG%-20.2%

BE SAFE STRIKE$56.50

SS DIST-21.5%

CC-SAFE STRIKE$59.62 (+28.2%)

NET DEBIT *$3.00

CC STATUSOTM -22.5%

CC SIGMA1.22σ (89%)

LC DTE570d

CAP LOCKED *$6,000

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

STOCK$46.51

CURRENT CC$60.00Jul 17 '26 · 17d

FORTRESS P/L (EX-CC)$-27,810

CC BUYBACK-$1,780

CLOSE P/L$-29,590

STOCK FLAT$-27,810

STOCK @ $60.00$1,331

Δ ABOVE CAP / PT$160/pt+0.08δ/sh

REASON CC $60.00 is 22.5% OTM. Safe. Earning $0.89/sh time value. Normal operations. Hold-to-expiry: stock flat $-27,810 · at cap $1,331. Weekly gate: NEUTRAL. Reference Upper BB (CC ceiling) at $65.69. See BB ZONE in roll table below.

LEG	STRIKE	EXPIRY	DTE	MARK	DELTA	THETA	INTR	EXTR	STATUS
LC	$45.00	Jan 21 '28	570d	$23.62	0.76	-0.018	$1.51	$22.12	94% extr delta 0.76
SP	$65.00	Jan 21 '28	570d	$34.85	0.35	-0.015	$18.49	$16.36	ITM 28.4% ITM
HP	$21.00	Aug 21 '26	52d	$0.32	0.04	-0.018	$0.00	$0.32	DEAD floor 45%
CC	$60.00	Jul 17 '26	17d	$0.89	0.16	-0.078	$0.00	$0.89	OTM 22.5% OTM · 1.22σ (89%) · close $1,780

✓ SKIP IREN · 20c · RetireInc:7291

STOCK$46.51

ENTRY ~$65.00

CHG%-28.4%

BE SAFE STRIKE$63.43

SS DIST-36.4%

CC-SAFE STRIKE$66.80 (+43.6%)

NET DEBIT *$6.85

CC STATUSNO CC

LC DTE570d

CAP LOCKED *$13,700

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

STOCK$46.51

CURRENT CC—

FORTRESS P/L (EX-CC)$-42,310

CLOSE P/L$-42,310

STOCK FLAT—

STOCK @ CAP—

REASON No CC sold. Position is riding uncapped (gear mode). LC delta=0.74, theta=$-0.018/d. Cheapest directional exposure you own. Weekly gate: NEUTRAL. Reference Upper BB (CC ceiling) at $65.69. See BB ZONE in roll table below.

LEG	STRIKE	EXPIRY	DTE	MARK	DELTA	THETA	INTR	EXTR	STATUS
LC	$50.00	Jan 21 '28	570d	$22.57	0.74	-0.018	$0.00	$22.57	100% extr delta 0.74
SP	$70.00	Jan 21 '28	570d	$37.95	0.38	-0.015	$23.49	$14.46	ITM 33.6% ITM
HP	$23.00	Sep 18 '26	80d	$1.07	0.07	-0.019	$0.00	$1.07	DEAD floor 49%
CC	— not present —

Main:1299 · IREN · 20c · CAPPED → ROLL + ROLL-DOWN SUGGESTIONS

STOCK$46.51

FORTRESS P/L (EX-CC)$-3,000

BE SAFE STRIKE$44.00+5.7% · reference

CC-SAFE STRIKE$48.52+4.3% vs spot

CURRENT CC$55.00Jul 10 '26 · 10d

BUYBACK-$1,520

HOLD FLAT$-3,000

HOLD @ $55.00$12,541

SURV%86%

RIDE E[P/L]$-753.73

SYNTH Δ0.92

Δ ABOVE CAP / PT$0/pt

SHARES2,000

Expiries scanned Jul 02 '26 (2d) · Jul 10 '26 (10d) · Jul 17 '26 (17d) · Jul 24 '26 (24d) · Jul 31 '26 (31d) · Aug 07 '26 (38d)

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

Forward roll suggestions

PICK	ACTION	EXPIRY · STRIKE	MID	Δ	σ	SURV%	NET CREDIT	FLAT	CAP	E[P/L]	NOTES
▶ BEST EV (≥65% SURV)	roll to 20×	Jul 24 '26 $50.00C · 24d ✓ CC-safe	$3.85	0.44	0.40σ	66%	+$6,180	$3,180	$9,568	$5,381	—
● SAFEST VIABLE	roll to 20×	Jul 24 '26 $57.00C · 24d ✓ CC-safe	$1.86	0.27	0.87σ	81%	+$2,200	$-800.00	$18,402	$2,869	—
▶ ALSO CONSIDER (within 30d)	roll to 20×	Aug 07 '26 $51.00C · 38d ✓ CC-safe	$4.82	0.46	0.44σ	67%	+$8,130	$5,130	$13,349	$7,845	+46% E[P/L] vs 20d · +14d
● ALSO CONSIDER (within 30d)	roll to 20×	Jul 31 '26 $53.00C · 31d ✓ CC-safe	$3.50	0.07	1.54σ	94%	+$5,470	$2,470	$14,350	$3,208	+13pp surv vs 20d · +7d

FORWARD ROLLS · new expiry past current CC · net credit = (new mid - current buyback) × shares · E[P/L] = surv% × flat + (1-surv%) × cap

	STRIKE	BB ZONE	EXPIRY	DTE	%OTM	MID	NET CREDIT $	Δ	SIGMA	SURV%	CAP GAIN	STOCK FLAT	E[P/L]	P/L @ CAP
	$46.00 ✓CC-safe	LBB-MBB (-30%)	Jul 17 '26	17d	-1.1%	$4.62	$7,730	0.55	0.07σ	53%	$-7,811	$4,730	$4,730	$4,730
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 17 '26	17d	+1.1%	$4.12	$6,730	0.51	0.16σ	56%	$-7,914	$3,730	$4,121	$4,627
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 17 '26	17d	+3.2%	$3.52	$5,530	0.48	0.25σ	60%	$-7,283	$2,530	$3,623	$5,257
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 17 '26	17d	+5.4%	$3.05	$4,590	0.44	0.34σ	63%	$-6,393	$1,590	$3,261	$6,148
	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 17 '26	17d	+7.5%	$2.92	$4,310	0.41	0.43σ	67%	$-4,842	$1,310	$3,445	$7,698
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 17 '26	17d	+9.7%	$2.65	$3,780	0.38	0.51σ	70%	$-3,542	$780.00	$3,273	$8,999
	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 17 '26	17d	+11.8%	$2.21	$2,910	0.34	0.60σ	73%	$-2,581	$-90.00	$2,667	$9,959
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 17 '26	17d	+14.0%	$1.98	$2,450	0.31	0.68σ	75%	$-1,211	$-550.00	$2,387	$11,330
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 17 '26	17d	+16.1%	$1.81	$2,110	0.29	0.77σ	78%	$279.53	$-890.00	$2,155	$12,820
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 17 '26	17d	+18.3%	$1.52	$1,510	0.26	0.85σ	80%	$1,510	$-1,490	$1,603	$14,051
	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 17 '26	17d	+20.4%	$1.33	$1,150	0.24	0.92σ	82%	$2,980	$-1,850	$1,240	$15,521
	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 17 '26	17d	+22.6%	$1.10	$680.00	0.21	1.00σ	84%	$4,341	$-2,320	$729.21	$16,882
	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 17 '26	17d	+24.7%	$0.98	$430.00	0.19	1.07σ	86%	$5,921	$-2,570	$403.93	$18,462
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 17 '26	17d	+26.9%	$0.84	$160.00	0.18	1.15σ	87%	$7,482	$-2,840	$38.39	$20,023
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 17 '26	17d	+29.0%	$0.89	$260.00	0.16	1.22σ	89%	$9,412	$-2,740	$23.14	$21,953
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 17 '26	17d	+31.2%	$0.66	$-200.00	0.14	1.28σ	90%	$10,783	$-3,200	$-560.92	$23,323
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 17 '26	17d	+33.3%	$0.65	$-230.00	0.13	1.35σ	91%	$12,583	$-3,230	$-723.51	$25,124
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 24 '26	24d	+1.1%	$4.78	$8,030	0.53	0.18σ	57%	$-6,614	$5,030	$5,416	$5,927
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 24 '26	24d	+3.2%	$4.28	$7,030	0.50	0.25σ	60%	$-5,783	$4,030	$5,122	$6,757
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 24 '26	24d	+5.4%	$4.00	$6,480	0.47	0.33σ	63%	$-4,503	$3,480	$5,175	$8,038
▶	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 24 '26	24d	+7.5%	$3.85	$6,180	0.44	0.40σ	66%	$-2,972	$3,180	$5,381	$9,568
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 24 '26	24d	+9.7%	$3.55	$5,580	0.41	0.47σ	68%	$-1,742	$2,580	$5,197	$10,799
	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 24 '26	24d	+11.8%	$3.22	$4,920	0.38	0.54σ	71%	$-571.40	$1,920	$4,870	$11,969
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 24 '26	24d	+14.0%	$2.74	$3,960	0.36	0.61σ	73%	$299.07	$960.00	$4,171	$12,840
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 24 '26	24d	+16.1%	$2.30	$3,090	0.33	0.68σ	75%	$1,260	$90.00	$3,494	$13,800
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 24 '26	24d	+18.3%	$2.26	$3,000	0.31	0.75σ	77%	$3,000	$0.00	$3,542	$15,541
	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 24 '26	24d	+20.4%	$1.85	$2,180	0.29	0.81σ	79%	$4,010	$-820.00	$2,807	$16,551
●	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 24 '26	24d	+22.6%	$1.86	$2,200	0.27	0.87σ	81%	$5,861	$-800.00	$2,869	$18,402
	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 24 '26	24d	+24.7%	$1.69	$1,850	0.25	0.94σ	83%	$7,341	$-1,150	$2,526	$19,882
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 24 '26	24d	+26.9%	$1.25	$990.00	0.23	1.00σ	84%	$8,312	$-2,010	$1,641	$20,853
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 24 '26	24d	+29.0%	$1.41	$1,290	0.21	1.05σ	85%	$10,442	$-1,710	$1,890	$22,983
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 24 '26	24d	+31.2%	$1.25	$990.00	0.20	1.11σ	87%	$11,973	$-2,010	$1,520	$24,513
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 24 '26	24d	+33.3%	$1.02	$510.00	0.18	1.17σ	88%	$13,323	$-2,490	$955.00	$25,864
	$63.00 ✓CC-safe	MBB-UBB (-4%)	Jul 24 '26	24d	+35.5%	$0.83	$150.00	0.17	1.22σ	89%	$14,794	$-2,850	$494.43	$27,334
	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 24 '26	24d	+37.6%	$1.02	$530.00	0.16	1.28σ	90%	$17,004	$-2,470	$763.50	$29,545
	$65.00 ✓CC-safe	MBB-UBB (-1%)	Jul 24 '26	24d	+39.8%	$0.88	$240.00	0.14	1.33σ	91%	$18,545	$-2,760	$357.15	$31,085
	$66.00 ✓CC-safe	+UBB 0% (+0%)	Jul 24 '26	24d	+41.9%	$0.73	$-50.00	0.13	1.38σ	92%	$20,085	$-3,050	$-53.24	$32,626
	$67.00 ✓CC-safe	+UBB 2% (+2%)	Jul 24 '26	24d	+44.1%	$0.67	$-170.00	0.12	1.43σ	92%	$21,796	$-3,170	$-297.02	$34,336
	$68.00 ✓CC-safe	+UBB 4% (+4%)	Jul 24 '26	24d	+46.2%	$0.62	$-280.00	0.11	1.48σ	93%	$23,516	$-3,280	$-534.30	$36,057
	$69.00 ✓CC-safe	+UBB 5% (+5%)	Jul 24 '26	24d	+48.4%	$0.61	$-300.00	0.10	1.53σ	94%	$25,327	$-3,300	$-681.77	$37,867
30d	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 31 '26	31d	+1.1%	$5.57	$9,630	0.54	0.19σ	58%	$-5,014	$6,630	$7,011	$7,527
30d	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 31 '26	31d	+3.2%	$5.10	$8,680	0.51	0.26σ	60%	$-4,133	$5,680	$6,767	$8,407
30d	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 31 '26	31d	+5.4%	$4.30	$7,080	0.29	0.64σ	74%	$-3,903	$4,080	$5,270	$8,638
30d	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 31 '26	31d	+7.5%	$4.92	$8,330	0.22	0.87σ	81%	$-822.33	$5,330	$6,555	$11,718
30d	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 31 '26	31d	+9.7%	$4.15	$6,780	0.16	1.10σ	86%	$-541.86	$3,780	$4,899	$11,999
30d	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 31 '26	31d	+11.8%	$3.88	$6,230	0.11	1.32σ	91%	$738.60	$3,230	$4,169	$13,279
●	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 31 '26	31d	+14.0%	$3.50	$5,470	0.07	1.54σ	94%	$1,809	$2,470	$3,208	$14,350
30d	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 31 '26	31d	+16.1%	$3.29	$5,070	0.37	0.63σ	74%	$3,240	$2,070	$5,674	$15,780
30d	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 31 '26	31d	+18.3%	$2.87	$4,210	0.34	0.69σ	76%	$4,210	$1,210	$5,002	$16,751
30d	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 31 '26	31d	+20.4%	$2.54	$3,570	0.32	0.75σ	77%	$5,400	$570.00	$4,499	$17,941
30d	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 31 '26	31d	+22.6%	$2.25	$2,970	0.30	0.81σ	79%	$6,631	$-30.00	$3,993	$19,172
30d	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 31 '26	31d	+24.7%	$2.32	$3,120	0.28	0.86σ	81%	$8,611	$120.00	$4,198	$21,152
30d	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 31 '26	31d	+26.9%	$1.94	$2,360	0.26	0.92σ	82%	$9,682	$-640.00	$3,457	$22,223
30d	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 31 '26	31d	+29.0%	$1.88	$2,230	0.25	0.97σ	83%	$11,382	$-770.00	$3,317	$23,923
30d	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 31 '26	31d	+31.2%	$1.85	$2,190	0.23	1.02σ	85%	$13,173	$-810.00	$3,240	$25,713
30d	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 31 '26	31d	+33.3%	$1.67	$1,810	0.22	1.08σ	86%	$14,623	$-1,190	$2,802	$27,164
30d	$63.00 ✓CC-safe	MBB-UBB (-4%)	Jul 31 '26	31d	+35.5%	$1.79	$2,070	0.20	1.13σ	87%	$16,714	$-930.00	$2,988	$29,254
30d	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 31 '26	31d	+37.6%	$1.34	$1,160	0.19	1.18σ	88%	$17,634	$-1,840	$1,986	$30,175
30d	$65.00 ✓CC-safe	MBB-UBB (-1%)	Jul 31 '26	31d	+39.8%	$1.25	$980.00	0.18	1.23σ	89%	$19,285	$-2,020	$1,703	$31,825
30d	$66.00 ✓CC-safe	+UBB 0% (+0%)	Jul 31 '26	31d	+41.9%	$1.25	$980.00	0.17	1.27σ	90%	$21,115	$-2,020	$1,594	$33,656
30d	$67.00 ✓CC-safe	+UBB 2% (+2%)	Jul 31 '26	31d	+44.1%	$0.91	$300.00	0.15	1.32σ	91%	$22,266	$-2,700	$791.83	$34,806
30d	$68.00 ✓CC-safe	+UBB 4% (+4%)	Jul 31 '26	31d	+46.2%	$1.29	$1,070	0.14	1.37σ	91%	$24,866	$-1,930	$1,437	$37,407
30d	$69.00 ✓CC-safe	+UBB 5% (+5%)	Jul 31 '26	31d	+48.4%	$1.16	$790.00	0.13	1.41σ	92%	$26,417	$-2,210	$1,030	$38,957
30d	$70.00 ✓CC-safe	+UBB 7% (+7%)	Jul 31 '26	31d	+50.5%	$0.84	$160.00	0.12	1.46σ	93%	$27,617	$-2,840	$268.73	$40,158
30d	$71.00 ✓CC-safe	+UBB 8% (+8%)	Jul 31 '26	31d	+52.7%	$0.62	$-270.00	0.12	1.50σ	93%	$29,017	$-3,270	$-288.93	$41,558
30d	$72.00 ✓CC-safe	+UBB 10% (+10%)	Jul 31 '26	31d	+54.8%	$0.73	$-60.00	0.11	1.55σ	94%	$31,058	$-3,060	$-209.16	$43,599
30d	$75.00 ✓CC-safe	+UBB 14% (+14%)	Jul 31 '26	31d	+61.3%	$0.68	$-170.00	0.09	1.67σ	95%	$36,439	$-3,170	$-703.31	$48,980
30d	$47.00 ✓CC-safe	LBB-MBB (-28%)	Aug 07 '26	38d	+1.1%	$6.35	$11,180	0.55	0.20σ	58%	$-3,464	$8,180	$8,556	$9,077
30d	$48.00 ✓CC-safe	MBB-UBB (-27%)	Aug 07 '26	38d	+3.2%	$6.05	$10,580	0.52	0.26σ	60%	$-2,233	$7,580	$8,659	$10,307
30d	$49.00 ✓CC-safe	MBB-UBB (-25%)	Aug 07 '26	38d	+5.4%	$5.62	$9,730	0.50	0.32σ	63%	$-1,253	$6,730	$8,430	$11,288
30d	$50.00 ✓CC-safe	MBB-UBB (-24%)	Aug 07 '26	38d	+7.5%	$5.22	$8,930	0.48	0.38σ	65%	$-222.33	$5,930	$8,174	$12,318
▶	$51.00 ✓CC-safe	MBB-UBB (-22%)	Aug 07 '26	38d	+9.7%	$4.82	$8,130	0.46	0.44σ	67%	$808.14	$5,130	$7,845	$13,349
30d	$52.00 ✓CC-safe	MBB-UBB (-21%)	Aug 07 '26	38d	+11.8%	$4.43	$7,330	0.43	0.50σ	69%	$1,839	$4,330	$7,448	$14,379
30d	$53.00 ✓CC-safe	MBB-UBB (-19%)	Aug 07 '26	38d	+14.0%	$4.20	$6,880	0.41	0.55σ	71%	$3,219	$3,880	$7,339	$15,760
30d	$54.00 ✓CC-safe	MBB-UBB (-18%)	Aug 07 '26	38d	+16.1%	$3.87	$6,220	0.39	0.60σ	73%	$4,390	$3,220	$6,963	$16,930
30d	$55.00 ✓CC-safe	MBB-UBB (-16%)	Aug 07 '26	38d	+18.3%	$3.33	$5,130	0.37	0.66σ	74%	$5,130	$2,130	$6,104	$17,671
30d	$56.00 ✓CC-safe	MBB-UBB (-15%)	Aug 07 '26	38d	+20.4%	$3.38	$5,240	0.35	0.71σ	76%	$7,070	$2,240	$6,399	$19,611
30d	$57.00 ✓CC-safe	MBB-UBB (-13%)	Aug 07 '26	38d	+22.6%	$3.04	$4,570	0.33	0.76σ	78%	$8,231	$1,570	$5,869	$20,772
30d	$58.00 ✓CC-safe	MBB-UBB (-12%)	Aug 07 '26	38d	+24.7%	$3.18	$4,830	0.32	0.81σ	79%	$10,321	$1,830	$6,232	$22,862
30d	$59.00 ✓CC-safe	MBB-UBB (-10%)	Aug 07 '26	38d	+26.9%	$2.52	$3,530	0.30	0.86σ	80%	$10,852	$530.00	$5,000	$23,393
30d	$60.00 ✓CC-safe	MBB-UBB (-9%)	Aug 07 '26	38d	+29.0%	$2.55	$3,580	0.28	0.91σ	82%	$12,732	$580.00	$5,089	$25,273
30d	$61.00 ✓CC-safe	MBB-UBB (-7%)	Aug 07 '26	38d	+31.2%	$2.33	$3,150	0.27	0.95σ	83%	$14,133	$150.00	$4,670	$26,673
30d	$62.00 ✓CC-safe	MBB-UBB (-6%)	Aug 07 '26	38d	+33.3%	$2.24	$2,950	0.25	1.00σ	84%	$15,763	$-50.00	$4,455	$28,304
30d	$65.00 ✓CC-safe	MBB-UBB (-1%)	Aug 07 '26	38d	+39.8%	$2.15	$2,780	0.21	1.13σ	87%	$21,085	$-220.00	$4,136	$33,625
30d	$70.00 ✓CC-safe	+UBB 7% (+7%)	Aug 07 '26	38d	+50.5%	$0.98	$440.00	0.16	1.34σ	91%	$27,897	$-2,560	$1,305	$40,438
30d	$75.00 ✓CC-safe	+UBB 14% (+14%)	Aug 07 '26	38d	+61.3%	$0.88	$230.00	0.12	1.54σ	94%	$36,839	$-2,770	$484.16	$49,380
30d	$85.00 ✓CC-safe	+UBB 29% (+29%)	Aug 07 '26	38d	+82.8%	$1.25	$980.00	0.06	1.89σ	97%	$55,894	$-2,020	$58.41	$68,435

BEST EV (≥65% SURV) · $50.0 · if this call is challenged

Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 12 of 24); earlier = worse credits, later = better, through the strike = add intrinsic

Buyback gross: $5.86/sh now → $4.15 mid-life (likely $5.38–$6.76) → ≈ $0 at expiry | you banked $3.45/sh, so a flat mid-life exit nets -$0.70/sh | roll rows are incremental, the banked premium stays yours

📊 Across 2,046 simulated challenges: the $50 strike is typically first touched on day 6 of 24, at $52 (overshoots $1.67). 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.

Move	New strike ≈	New expiry	Tenor	Est net	Total (20 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Safety roll (pay small debit, max POP)	~$53	31 Jul 2026	19d left	-$0.86/sh	-$1,724 cycle +$5,176 [+$1,093…+$10,046] · 87% credit	95% surv 81%	+$13,194 SAFE cap gain +$16,194
budget: banked $6,900 debit $1,724 (25% used) → whole cycle still +$5,176 cash · rolled 20 ct earn ≈ $10,388/mo while parked; 0 ct free to re-sell · clears SS ✓
Reliable up-and-out (highest cap still free ≥60%)	~$55	31 Jul 2026	19d left	-$1.39/sh	-$2,776 cycle +$4,124 [+$1,669…+$14,943] · 86% credit	98% surv 91%	+$16,093 SAFE cap gain +$19,093
Max even-money escape in the band	~$51	7 Aug 2026	26d left	+$0.63/sh	+$1,263 cycle +$8,163 [-$12…+$610] · 74% credit	65% surv 54%	+$11,761 SAFE cap gain +$14,761
reaches SS ✓
Roll out (same strike, buy time)	~$50	31 Jul 2026	19d left	-$0.18/sh	-$366 cycle +$6,534 [-$1,899…-$1,141] · 8% credit	62% surv 50%	+$7,779 SAFE cap gain +$10,779

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 basis as the strategic card's @cap and TOTAL EXIT P&L, 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.

SAFEST VIABLE · $57.0 · if this call is challenged

Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 12 of 24); earlier = worse credits, later = better, through the strike = add intrinsic

Buyback gross: $7.13/sh now → $5.05 mid-life (likely $5.00–$7.22) → ≈ $0 at expiry | you banked $1.74/sh, so a flat mid-life exit nets -$3.31/sh | roll rows are incremental, the banked premium stays yours

📊 Across 1,053 simulated challenges: the $57 strike is typically first touched on day 12 of 24, at $59 (overshoots $1.87). 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.

Move	New strike ≈	New expiry	Tenor	Est net	Total (20 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Up-and-out for even (raise the cap, free)	~$63	31 Jul 2026	19d left	+$0.57/sh	+$1,147 cycle +$4,627 [+$3,799…+$10,025] · 91% credit	98% surv 87%	+$32,777 SAFE cap gain +$35,777
Max even-money escape in the band	~$63	31 Jul 2026	19d left	+$0.57/sh	+$1,147 cycle +$4,627 [+$3,799…+$10,025] · 91% credit	98% surv 87%	+$32,777 SAFE cap gain +$35,777
reaches SS ✓
Roll out (same strike, buy time)	~$57	31 Jul 2026	19d left	-$0.22/sh	-$445 cycle +$3,035 [-$1,716…-$88] · 24% credit	62% surv 50%	+$18,016 SAFE cap gain +$21,016

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 basis as the strategic card's @cap and TOTAL EXIT P&L, 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.

Roll-down suggestions

PICK	ACTION	EXPIRY · STRIKE	MID	Δ	σ	SURV%	NET CREDIT	FLAT	CAP	E[P/L]	NOTES
▶ BEST EV (≥65% SURV)	roll down to 20×	Jul 10 '26 $49.50C · 10d ✓ CC-safe	$2.00	0.38	0.44σ	67%	+$2,490	$-510.00	$4,963	$1,294	—
● SAFEST VIABLE	roll down to 20×	Jul 10 '26 $52.00C · 10d ✓ CC-safe	$1.29	0.28	0.72σ	76%	+$1,070	$-1,930	$8,119	$435.59	—

ROLL-DOWN · same or earlier expiry, lower strike · net credit = (new mid - current buyback) × shares · E[P/L] = surv% × flat + (1-surv%) × cap

	STRIKE	BB ZONE	EXPIRY	DTE	%OTM	MID	NET CREDIT $	Δ	SIGMA	SURV%	CAP GAIN	STOCK FLAT	E[P/L]	P/L @ CAP
	$43.50 ✗<CC-safe	LBB-MBB (-34%)	Jul 02 '26	2d	-6.5%	$3.60	$5,680	0.70	-0.62σ	50%	$-9,861	$2,680	$2,680	$2,680
	$46.00 ✓CC-safe	LBB-MBB (-30%)	Jul 02 '26	2d	-1.1%	$2.08	$2,630	0.52	-0.07σ	50%	$-12,911	$-370.00	$-370.00	$-370.00
	$46.50 ✓CC-safe	LBB-MBB (-29%)	Jul 02 '26	2d	-0.0%	$1.84	$2,170	0.48	0.04σ	52%	$-13,371	$-830.00	$-830.00	$-830.00
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 02 '26	2d	+1.1%	$1.70	$1,880	0.44	0.16σ	56%	$-12,764	$-1,120	$-728.40	$-223.07
	$47.50 ✓CC-safe	LBB-MBB (-28%)	Jul 02 '26	2d	+2.1%	$1.41	$1,300	0.41	0.28σ	61%	$-12,428	$-1,700	$-990.72	$112.16
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 02 '26	2d	+3.2%	$1.21	$900.00	0.37	0.39σ	65%	$-11,913	$-2,100	$-1,152	$627.39
	$48.50 ✓CC-safe	MBB-UBB (-26%)	Jul 02 '26	2d	+4.3%	$1.08	$630.00	0.33	0.51σ	69%	$-11,268	$-2,370	$-1,256	$1,273
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 02 '26	2d	+5.4%	$0.92	$320.00	0.30	0.62σ	73%	$-10,663	$-2,680	$-1,466	$1,878
	$49.50 ✓CC-safe	MBB-UBB (-25%)	Jul 02 '26	2d	+6.4%	$0.79	$70.00	0.27	0.74σ	77%	$-9,998	$-2,930	$-1,672	$2,543
	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 02 '26	2d	+7.5%	$0.68	$-170.00	0.24	0.85σ	80%	$-9,322	$-3,170	$-1,913	$3,218
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 02 '26	2d	+9.7%	$0.50	$-520.00	0.18	1.08σ	86%	$-7,842	$-3,520	$-2,367	$4,699
	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 02 '26	2d	+11.8%	$0.34	$-840.00	0.14	1.30σ	90%	$-6,331	$-3,840	$-2,863	$6,209
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 02 '26	2d	+14.0%	$0.25	$-1,020	0.10	1.51σ	93%	$-4,681	$-4,020	$-3,240	$7,860
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 02 '26	2d	+16.1%	$0.17	$-1,180	0.08	1.71σ	96%	$-3,010	$-4,180	$-3,579	$9,530
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 02 '26	2d	+18.3%	$0.12	$-1,270	0.06	1.90σ	97%	$-1,270	$-4,270	$-3,821	$11,271
	$42.50 ✓CC-safe	LBB-MBB (-35%)	Jul 10 '26	10d	-8.6%	$5.50	$9,480	0.69	-0.39σ	50%	$-6,061	$6,480	$6,480	$6,480
	$43.00 ✓CC-safe	LBB-MBB (-35%)	Jul 10 '26	10d	-7.5%	$5.25	$8,980	0.67	-0.33σ	50%	$-6,561	$5,980	$5,980	$5,980
	$43.50 ✓CC-safe	LBB-MBB (-34%)	Jul 10 '26	10d	-6.5%	$4.85	$8,180	0.65	-0.27σ	50%	$-7,361	$5,180	$5,180	$5,180
	$44.00 ✓CC-safe	LBB-MBB (-33%)	Jul 10 '26	10d	-5.4%	$4.68	$7,830	0.63	-0.21σ	50%	$-7,711	$4,830	$4,830	$4,830
	$44.50 ✓CC-safe	LBB-MBB (-32%)	Jul 10 '26	10d	-4.3%	$4.25	$6,980	0.60	-0.15σ	50%	$-8,561	$3,980	$3,980	$3,980
	$45.00 ✓CC-safe	LBB-MBB (-31%)	Jul 10 '26	10d	-3.2%	$3.97	$6,430	0.58	-0.09σ	50%	$-9,111	$3,430	$3,430	$3,430
	$45.50 ✓CC-safe	LBB-MBB (-31%)	Jul 10 '26	10d	-2.2%	$3.80	$6,080	0.56	-0.03σ	50%	$-9,461	$3,080	$3,080	$3,080
	$46.00 ✓CC-safe	LBB-MBB (-30%)	Jul 10 '26	10d	-1.1%	$3.35	$5,180	0.53	0.03σ	51%	$-10,361	$2,180	$2,180	$2,180
	$46.50 ✓CC-safe	LBB-MBB (-29%)	Jul 10 '26	10d	-0.0%	$3.23	$4,930	0.51	0.09σ	54%	$-10,611	$1,930	$1,930	$1,930
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 10 '26	10d	+1.1%	$2.93	$4,340	0.49	0.15σ	56%	$-10,304	$1,340	$1,736	$2,237
	$47.50 ✓CC-safe	LBB-MBB (-28%)	Jul 10 '26	10d	+2.1%	$2.83	$4,150	0.47	0.21σ	58%	$-9,578	$1,150	$1,907	$2,962
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 10 '26	10d	+3.2%	$2.54	$3,570	0.45	0.27σ	60%	$-9,243	$570.00	$1,647	$3,297
	$48.50 ✓CC-safe	MBB-UBB (-26%)	Jul 10 '26	10d	+4.3%	$2.37	$3,220	0.42	0.32σ	63%	$-8,678	$220.00	$1,577	$3,863
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 10 '26	10d	+5.4%	$2.17	$2,820	0.40	0.38σ	65%	$-8,163	$-180.00	$1,419	$4,378
▶	$49.50 ✓CC-safe	MBB-UBB (-25%)	Jul 10 '26	10d	+6.4%	$2.00	$2,490	0.38	0.44σ	67%	$-7,578	$-510.00	$1,294	$4,963
	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 10 '26	10d	+7.5%	$1.85	$2,190	0.36	0.50σ	69%	$-6,962	$-810.00	$1,165	$5,578
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 10 '26	10d	+9.7%	$1.60	$1,680	0.32	0.61σ	73%	$-5,642	$-1,320	$904.00	$6,899
●	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 10 '26	10d	+11.8%	$1.29	$1,070	0.28	0.72σ	76%	$-4,421	$-1,930	$435.59	$8,119
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 10 '26	10d	+14.0%	$1.12	$720.00	0.25	0.83σ	80%	$-2,941	$-2,280	$138.71	$9,600
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 10 '26	10d	+16.1%	$0.94	$360.00	0.22	0.93σ	82%	$-1,470	$-2,640	$-237.98	$11,070
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 10 '26	10d	+18.3%	$0.76	$0.00	0.19	1.06σ	86%	$0.00	$-3,000	$-754.38	$12,541
	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 10 '26	10d	+20.4%	$0.76	$0.00	0.17	1.13σ	87%	$1,830	$-3,000	$-771.29	$14,371
	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 10 '26	10d	+22.6%	$0.63	$-260.00	0.14	1.23σ	89%	$3,401	$-3,260	$-1,161	$15,942
	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 10 '26	10d	+24.7%	$0.49	$-540.00	0.13	1.32σ	91%	$4,951	$-3,540	$-1,586	$17,492
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 10 '26	10d	+26.9%	$0.35	$-810.00	0.11	1.41σ	92%	$6,512	$-3,810	$-2,008	$19,053
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 10 '26	10d	+29.0%	$0.41	$-710.00	0.09	1.50σ	93%	$8,442	$-3,710	$-2,061	$20,983
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 10 '26	10d	+31.2%	$0.27	$-990.00	0.08	1.58σ	94%	$9,993	$-3,990	$-2,489	$22,533
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 10 '26	10d	+33.3%	$0.33	$-870.00	0.07	1.67σ	95%	$11,943	$-3,870	$-2,512	$24,484
	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 10 '26	10d	+37.6%	$0.23	$-1,070	0.05	1.82σ	97%	$15,404	$-4,070	$-2,969	$27,945

⚠ 4 more near-money roll(s) hidden — all below the CC-Safe Strike, each would lock a loss if capped. The closest-to-safe few are shown (tagged NOT CC-safe) for reference.

Joint:1782 · IREN · 20c · CAPPED → ROLL + ROLL-DOWN SUGGESTIONS

STOCK$46.51

FORTRESS P/L (EX-CC)$-3,000

BE SAFE STRIKE$44.00+5.7% · reference

CC-SAFE STRIKE$48.52+4.3% vs spot

CURRENT CC$55.00Jul 10 '26 · 10d

BUYBACK-$1,520

HOLD FLAT$-3,000

HOLD @ $55.00$12,541

SURV%86%

RIDE E[P/L]$-753.73

SYNTH Δ0.92

Δ ABOVE CAP / PT$0/pt

SHARES2,000

Expiries scanned Jul 02 '26 (2d) · Jul 10 '26 (10d) · Jul 17 '26 (17d) · Jul 24 '26 (24d) · Jul 31 '26 (31d) · Aug 07 '26 (38d)

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

Forward roll suggestions

PICK	ACTION	EXPIRY · STRIKE	MID	Δ	σ	SURV%	NET CREDIT	FLAT	CAP	E[P/L]	NOTES
▶ BEST EV (≥65% SURV)	roll to 20×	Jul 24 '26 $50.00C · 24d ✓ CC-safe	$3.85	0.44	0.40σ	66%	+$6,180	$3,180	$9,568	$5,381	—
● SAFEST VIABLE	roll to 20×	Jul 24 '26 $57.00C · 24d ✓ CC-safe	$1.86	0.27	0.87σ	81%	+$2,200	$-800.00	$18,402	$2,869	—
▶ ALSO CONSIDER (within 30d)	roll to 20×	Aug 07 '26 $51.00C · 38d ✓ CC-safe	$4.82	0.46	0.44σ	67%	+$8,130	$5,130	$13,349	$7,845	+46% E[P/L] vs 20d · +14d
● ALSO CONSIDER (within 30d)	roll to 20×	Jul 31 '26 $53.00C · 31d ✓ CC-safe	$3.50	0.07	1.54σ	94%	+$5,470	$2,470	$14,350	$3,208	+13pp surv vs 20d · +7d

FORWARD ROLLS · new expiry past current CC · net credit = (new mid - current buyback) × shares · E[P/L] = surv% × flat + (1-surv%) × cap

	STRIKE	BB ZONE	EXPIRY	DTE	%OTM	MID	NET CREDIT $	Δ	SIGMA	SURV%	CAP GAIN	STOCK FLAT	E[P/L]	P/L @ CAP
	$46.00 ✓CC-safe	LBB-MBB (-30%)	Jul 17 '26	17d	-1.1%	$4.62	$7,730	0.55	0.07σ	53%	$-7,811	$4,730	$4,730	$4,730
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 17 '26	17d	+1.1%	$4.12	$6,730	0.51	0.16σ	56%	$-7,914	$3,730	$4,121	$4,627
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 17 '26	17d	+3.2%	$3.52	$5,530	0.48	0.25σ	60%	$-7,283	$2,530	$3,623	$5,257
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 17 '26	17d	+5.4%	$3.05	$4,590	0.44	0.34σ	63%	$-6,393	$1,590	$3,261	$6,148
	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 17 '26	17d	+7.5%	$2.92	$4,310	0.41	0.43σ	67%	$-4,842	$1,310	$3,445	$7,698
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 17 '26	17d	+9.7%	$2.65	$3,780	0.38	0.51σ	70%	$-3,542	$780.00	$3,273	$8,999
	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 17 '26	17d	+11.8%	$2.21	$2,910	0.34	0.60σ	73%	$-2,581	$-90.00	$2,667	$9,959
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 17 '26	17d	+14.0%	$1.98	$2,450	0.31	0.68σ	75%	$-1,211	$-550.00	$2,387	$11,330
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 17 '26	17d	+16.1%	$1.81	$2,110	0.29	0.77σ	78%	$279.53	$-890.00	$2,155	$12,820
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 17 '26	17d	+18.3%	$1.52	$1,510	0.26	0.85σ	80%	$1,510	$-1,490	$1,603	$14,051
	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 17 '26	17d	+20.4%	$1.33	$1,150	0.24	0.92σ	82%	$2,980	$-1,850	$1,240	$15,521
	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 17 '26	17d	+22.6%	$1.10	$680.00	0.21	1.00σ	84%	$4,341	$-2,320	$729.21	$16,882
	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 17 '26	17d	+24.7%	$0.98	$430.00	0.19	1.07σ	86%	$5,921	$-2,570	$403.93	$18,462
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 17 '26	17d	+26.9%	$0.84	$160.00	0.18	1.15σ	87%	$7,482	$-2,840	$38.39	$20,023
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 17 '26	17d	+29.0%	$0.89	$260.00	0.16	1.22σ	89%	$9,412	$-2,740	$23.14	$21,953
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 17 '26	17d	+31.2%	$0.66	$-200.00	0.14	1.28σ	90%	$10,783	$-3,200	$-560.92	$23,323
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 17 '26	17d	+33.3%	$0.65	$-230.00	0.13	1.35σ	91%	$12,583	$-3,230	$-723.51	$25,124
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 24 '26	24d	+1.1%	$4.78	$8,030	0.53	0.18σ	57%	$-6,614	$5,030	$5,416	$5,927
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 24 '26	24d	+3.2%	$4.28	$7,030	0.50	0.25σ	60%	$-5,783	$4,030	$5,122	$6,757
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 24 '26	24d	+5.4%	$4.00	$6,480	0.47	0.33σ	63%	$-4,503	$3,480	$5,175	$8,038
▶	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 24 '26	24d	+7.5%	$3.85	$6,180	0.44	0.40σ	66%	$-2,972	$3,180	$5,381	$9,568
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 24 '26	24d	+9.7%	$3.55	$5,580	0.41	0.47σ	68%	$-1,742	$2,580	$5,197	$10,799
	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 24 '26	24d	+11.8%	$3.22	$4,920	0.38	0.54σ	71%	$-571.40	$1,920	$4,870	$11,969
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 24 '26	24d	+14.0%	$2.74	$3,960	0.36	0.61σ	73%	$299.07	$960.00	$4,171	$12,840
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 24 '26	24d	+16.1%	$2.30	$3,090	0.33	0.68σ	75%	$1,260	$90.00	$3,494	$13,800
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 24 '26	24d	+18.3%	$2.26	$3,000	0.31	0.75σ	77%	$3,000	$0.00	$3,542	$15,541
	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 24 '26	24d	+20.4%	$1.85	$2,180	0.29	0.81σ	79%	$4,010	$-820.00	$2,807	$16,551
●	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 24 '26	24d	+22.6%	$1.86	$2,200	0.27	0.87σ	81%	$5,861	$-800.00	$2,869	$18,402
	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 24 '26	24d	+24.7%	$1.69	$1,850	0.25	0.94σ	83%	$7,341	$-1,150	$2,526	$19,882
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 24 '26	24d	+26.9%	$1.25	$990.00	0.23	1.00σ	84%	$8,312	$-2,010	$1,641	$20,853
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 24 '26	24d	+29.0%	$1.41	$1,290	0.21	1.05σ	85%	$10,442	$-1,710	$1,890	$22,983
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 24 '26	24d	+31.2%	$1.25	$990.00	0.20	1.11σ	87%	$11,973	$-2,010	$1,520	$24,513
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 24 '26	24d	+33.3%	$1.02	$510.00	0.18	1.17σ	88%	$13,323	$-2,490	$955.00	$25,864
	$63.00 ✓CC-safe	MBB-UBB (-4%)	Jul 24 '26	24d	+35.5%	$0.83	$150.00	0.17	1.22σ	89%	$14,794	$-2,850	$494.43	$27,334
	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 24 '26	24d	+37.6%	$1.02	$530.00	0.16	1.28σ	90%	$17,004	$-2,470	$763.50	$29,545
	$65.00 ✓CC-safe	MBB-UBB (-1%)	Jul 24 '26	24d	+39.8%	$0.88	$240.00	0.14	1.33σ	91%	$18,545	$-2,760	$357.15	$31,085
	$66.00 ✓CC-safe	+UBB 0% (+0%)	Jul 24 '26	24d	+41.9%	$0.73	$-50.00	0.13	1.38σ	92%	$20,085	$-3,050	$-53.24	$32,626
	$67.00 ✓CC-safe	+UBB 2% (+2%)	Jul 24 '26	24d	+44.1%	$0.67	$-170.00	0.12	1.43σ	92%	$21,796	$-3,170	$-297.02	$34,336
	$68.00 ✓CC-safe	+UBB 4% (+4%)	Jul 24 '26	24d	+46.2%	$0.62	$-280.00	0.11	1.48σ	93%	$23,516	$-3,280	$-534.30	$36,057
	$69.00 ✓CC-safe	+UBB 5% (+5%)	Jul 24 '26	24d	+48.4%	$0.61	$-300.00	0.10	1.53σ	94%	$25,327	$-3,300	$-681.77	$37,867
30d	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 31 '26	31d	+1.1%	$5.57	$9,630	0.54	0.19σ	58%	$-5,014	$6,630	$7,011	$7,527
30d	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 31 '26	31d	+3.2%	$5.10	$8,680	0.51	0.26σ	60%	$-4,133	$5,680	$6,767	$8,407
30d	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 31 '26	31d	+5.4%	$4.30	$7,080	0.29	0.64σ	74%	$-3,903	$4,080	$5,270	$8,638
30d	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 31 '26	31d	+7.5%	$4.92	$8,330	0.22	0.87σ	81%	$-822.33	$5,330	$6,555	$11,718
30d	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 31 '26	31d	+9.7%	$4.15	$6,780	0.16	1.10σ	86%	$-541.86	$3,780	$4,899	$11,999
30d	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 31 '26	31d	+11.8%	$3.88	$6,230	0.11	1.32σ	91%	$738.60	$3,230	$4,169	$13,279
●	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 31 '26	31d	+14.0%	$3.50	$5,470	0.07	1.54σ	94%	$1,809	$2,470	$3,208	$14,350
30d	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 31 '26	31d	+16.1%	$3.29	$5,070	0.37	0.63σ	74%	$3,240	$2,070	$5,674	$15,780
30d	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 31 '26	31d	+18.3%	$2.87	$4,210	0.34	0.69σ	76%	$4,210	$1,210	$5,002	$16,751
30d	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 31 '26	31d	+20.4%	$2.54	$3,570	0.32	0.75σ	77%	$5,400	$570.00	$4,499	$17,941
30d	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 31 '26	31d	+22.6%	$2.25	$2,970	0.30	0.81σ	79%	$6,631	$-30.00	$3,993	$19,172
30d	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 31 '26	31d	+24.7%	$2.32	$3,120	0.28	0.86σ	81%	$8,611	$120.00	$4,198	$21,152
30d	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 31 '26	31d	+26.9%	$1.94	$2,360	0.26	0.92σ	82%	$9,682	$-640.00	$3,457	$22,223
30d	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 31 '26	31d	+29.0%	$1.88	$2,230	0.25	0.97σ	83%	$11,382	$-770.00	$3,317	$23,923
30d	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 31 '26	31d	+31.2%	$1.85	$2,190	0.23	1.02σ	85%	$13,173	$-810.00	$3,240	$25,713
30d	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 31 '26	31d	+33.3%	$1.67	$1,810	0.22	1.08σ	86%	$14,623	$-1,190	$2,802	$27,164
30d	$63.00 ✓CC-safe	MBB-UBB (-4%)	Jul 31 '26	31d	+35.5%	$1.79	$2,070	0.20	1.13σ	87%	$16,714	$-930.00	$2,988	$29,254
30d	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 31 '26	31d	+37.6%	$1.34	$1,160	0.19	1.18σ	88%	$17,634	$-1,840	$1,986	$30,175
30d	$65.00 ✓CC-safe	MBB-UBB (-1%)	Jul 31 '26	31d	+39.8%	$1.25	$980.00	0.18	1.23σ	89%	$19,285	$-2,020	$1,703	$31,825
30d	$66.00 ✓CC-safe	+UBB 0% (+0%)	Jul 31 '26	31d	+41.9%	$1.25	$980.00	0.17	1.27σ	90%	$21,115	$-2,020	$1,594	$33,656
30d	$67.00 ✓CC-safe	+UBB 2% (+2%)	Jul 31 '26	31d	+44.1%	$0.91	$300.00	0.15	1.32σ	91%	$22,266	$-2,700	$791.83	$34,806
30d	$68.00 ✓CC-safe	+UBB 4% (+4%)	Jul 31 '26	31d	+46.2%	$1.29	$1,070	0.14	1.37σ	91%	$24,866	$-1,930	$1,437	$37,407
30d	$69.00 ✓CC-safe	+UBB 5% (+5%)	Jul 31 '26	31d	+48.4%	$1.16	$790.00	0.13	1.41σ	92%	$26,417	$-2,210	$1,030	$38,957
30d	$70.00 ✓CC-safe	+UBB 7% (+7%)	Jul 31 '26	31d	+50.5%	$0.84	$160.00	0.12	1.46σ	93%	$27,617	$-2,840	$268.73	$40,158
30d	$71.00 ✓CC-safe	+UBB 8% (+8%)	Jul 31 '26	31d	+52.7%	$0.62	$-270.00	0.12	1.50σ	93%	$29,017	$-3,270	$-288.93	$41,558
30d	$72.00 ✓CC-safe	+UBB 10% (+10%)	Jul 31 '26	31d	+54.8%	$0.73	$-60.00	0.11	1.55σ	94%	$31,058	$-3,060	$-209.16	$43,599
30d	$75.00 ✓CC-safe	+UBB 14% (+14%)	Jul 31 '26	31d	+61.3%	$0.68	$-170.00	0.09	1.67σ	95%	$36,439	$-3,170	$-703.31	$48,980
30d	$47.00 ✓CC-safe	LBB-MBB (-28%)	Aug 07 '26	38d	+1.1%	$6.35	$11,180	0.55	0.20σ	58%	$-3,464	$8,180	$8,556	$9,077
30d	$48.00 ✓CC-safe	MBB-UBB (-27%)	Aug 07 '26	38d	+3.2%	$6.05	$10,580	0.52	0.26σ	60%	$-2,233	$7,580	$8,659	$10,307
30d	$49.00 ✓CC-safe	MBB-UBB (-25%)	Aug 07 '26	38d	+5.4%	$5.62	$9,730	0.50	0.32σ	63%	$-1,253	$6,730	$8,430	$11,288
30d	$50.00 ✓CC-safe	MBB-UBB (-24%)	Aug 07 '26	38d	+7.5%	$5.22	$8,930	0.48	0.38σ	65%	$-222.33	$5,930	$8,174	$12,318
▶	$51.00 ✓CC-safe	MBB-UBB (-22%)	Aug 07 '26	38d	+9.7%	$4.82	$8,130	0.46	0.44σ	67%	$808.14	$5,130	$7,845	$13,349
30d	$52.00 ✓CC-safe	MBB-UBB (-21%)	Aug 07 '26	38d	+11.8%	$4.43	$7,330	0.43	0.50σ	69%	$1,839	$4,330	$7,448	$14,379
30d	$53.00 ✓CC-safe	MBB-UBB (-19%)	Aug 07 '26	38d	+14.0%	$4.20	$6,880	0.41	0.55σ	71%	$3,219	$3,880	$7,339	$15,760
30d	$54.00 ✓CC-safe	MBB-UBB (-18%)	Aug 07 '26	38d	+16.1%	$3.87	$6,220	0.39	0.60σ	73%	$4,390	$3,220	$6,963	$16,930
30d	$55.00 ✓CC-safe	MBB-UBB (-16%)	Aug 07 '26	38d	+18.3%	$3.33	$5,130	0.37	0.66σ	74%	$5,130	$2,130	$6,104	$17,671
30d	$56.00 ✓CC-safe	MBB-UBB (-15%)	Aug 07 '26	38d	+20.4%	$3.38	$5,240	0.35	0.71σ	76%	$7,070	$2,240	$6,399	$19,611
30d	$57.00 ✓CC-safe	MBB-UBB (-13%)	Aug 07 '26	38d	+22.6%	$3.04	$4,570	0.33	0.76σ	78%	$8,231	$1,570	$5,869	$20,772
30d	$58.00 ✓CC-safe	MBB-UBB (-12%)	Aug 07 '26	38d	+24.7%	$3.18	$4,830	0.32	0.81σ	79%	$10,321	$1,830	$6,232	$22,862
30d	$59.00 ✓CC-safe	MBB-UBB (-10%)	Aug 07 '26	38d	+26.9%	$2.52	$3,530	0.30	0.86σ	80%	$10,852	$530.00	$5,000	$23,393
30d	$60.00 ✓CC-safe	MBB-UBB (-9%)	Aug 07 '26	38d	+29.0%	$2.55	$3,580	0.28	0.91σ	82%	$12,732	$580.00	$5,089	$25,273
30d	$61.00 ✓CC-safe	MBB-UBB (-7%)	Aug 07 '26	38d	+31.2%	$2.33	$3,150	0.27	0.95σ	83%	$14,133	$150.00	$4,670	$26,673
30d	$62.00 ✓CC-safe	MBB-UBB (-6%)	Aug 07 '26	38d	+33.3%	$2.24	$2,950	0.25	1.00σ	84%	$15,763	$-50.00	$4,455	$28,304
30d	$65.00 ✓CC-safe	MBB-UBB (-1%)	Aug 07 '26	38d	+39.8%	$2.15	$2,780	0.21	1.13σ	87%	$21,085	$-220.00	$4,136	$33,625
30d	$70.00 ✓CC-safe	+UBB 7% (+7%)	Aug 07 '26	38d	+50.5%	$0.98	$440.00	0.16	1.34σ	91%	$27,897	$-2,560	$1,305	$40,438
30d	$75.00 ✓CC-safe	+UBB 14% (+14%)	Aug 07 '26	38d	+61.3%	$0.88	$230.00	0.12	1.54σ	94%	$36,839	$-2,770	$484.16	$49,380
30d	$85.00 ✓CC-safe	+UBB 29% (+29%)	Aug 07 '26	38d	+82.8%	$1.25	$980.00	0.06	1.89σ	97%	$55,894	$-2,020	$58.41	$68,435

BEST EV (≥65% SURV) · $50.0 · if this call is challenged

Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 12 of 24); earlier = worse credits, later = better, through the strike = add intrinsic

Buyback gross: $5.86/sh now → $4.15 mid-life (likely $5.38–$6.76) → ≈ $0 at expiry | you banked $3.45/sh, so a flat mid-life exit nets -$0.70/sh | roll rows are incremental, the banked premium stays yours

📊 Across 2,046 simulated challenges: the $50 strike is typically first touched on day 6 of 24, at $52 (overshoots $1.67). 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.

Move	New strike ≈	New expiry	Tenor	Est net	Total (20 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Safety roll (pay small debit, max POP)	~$53	31 Jul 2026	19d left	-$0.86/sh	-$1,724 cycle +$5,176 [+$1,093…+$10,046] · 87% credit	95% surv 81%	+$13,194 SAFE cap gain +$16,194
budget: banked $6,900 debit $1,724 (25% used) → whole cycle still +$5,176 cash · rolled 20 ct earn ≈ $10,388/mo while parked; 0 ct free to re-sell · clears SS ✓
Reliable up-and-out (highest cap still free ≥60%)	~$55	31 Jul 2026	19d left	-$1.39/sh	-$2,776 cycle +$4,124 [+$1,669…+$14,943] · 86% credit	98% surv 91%	+$16,093 SAFE cap gain +$19,093
Max even-money escape in the band	~$51	7 Aug 2026	26d left	+$0.63/sh	+$1,263 cycle +$8,163 [-$12…+$610] · 74% credit	65% surv 54%	+$11,761 SAFE cap gain +$14,761
reaches SS ✓
Roll out (same strike, buy time)	~$50	31 Jul 2026	19d left	-$0.18/sh	-$366 cycle +$6,534 [-$1,899…-$1,141] · 8% credit	62% surv 50%	+$7,779 SAFE cap gain +$10,779

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 basis as the strategic card's @cap and TOTAL EXIT P&L, 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.

SAFEST VIABLE · $57.0 · if this call is challenged

Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 12 of 24); earlier = worse credits, later = better, through the strike = add intrinsic

Buyback gross: $7.13/sh now → $5.05 mid-life (likely $5.00–$7.22) → ≈ $0 at expiry | you banked $1.74/sh, so a flat mid-life exit nets -$3.31/sh | roll rows are incremental, the banked premium stays yours

📊 Across 1,053 simulated challenges: the $57 strike is typically first touched on day 12 of 24, at $59 (overshoots $1.87). 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.

Move	New strike ≈	New expiry	Tenor	Est net	Total (20 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Up-and-out for even (raise the cap, free)	~$63	31 Jul 2026	19d left	+$0.57/sh	+$1,147 cycle +$4,627 [+$3,799…+$10,025] · 91% credit	98% surv 87%	+$32,777 SAFE cap gain +$35,777
Max even-money escape in the band	~$63	31 Jul 2026	19d left	+$0.57/sh	+$1,147 cycle +$4,627 [+$3,799…+$10,025] · 91% credit	98% surv 87%	+$32,777 SAFE cap gain +$35,777
reaches SS ✓
Roll out (same strike, buy time)	~$57	31 Jul 2026	19d left	-$0.22/sh	-$445 cycle +$3,035 [-$1,716…-$88] · 24% credit	62% surv 50%	+$18,016 SAFE cap gain +$21,016

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 basis as the strategic card's @cap and TOTAL EXIT P&L, 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.

Roll-down suggestions

PICK	ACTION	EXPIRY · STRIKE	MID	Δ	σ	SURV%	NET CREDIT	FLAT	CAP	E[P/L]	NOTES
▶ BEST EV (≥65% SURV)	roll down to 20×	Jul 10 '26 $49.50C · 10d ✓ CC-safe	$2.00	0.38	0.44σ	67%	+$2,490	$-510.00	$4,963	$1,294	—
● SAFEST VIABLE	roll down to 20×	Jul 10 '26 $52.00C · 10d ✓ CC-safe	$1.29	0.28	0.72σ	76%	+$1,070	$-1,930	$8,119	$435.59	—

ROLL-DOWN · same or earlier expiry, lower strike · net credit = (new mid - current buyback) × shares · E[P/L] = surv% × flat + (1-surv%) × cap

	STRIKE	BB ZONE	EXPIRY	DTE	%OTM	MID	NET CREDIT $	Δ	SIGMA	SURV%	CAP GAIN	STOCK FLAT	E[P/L]	P/L @ CAP
	$43.50 ✗<CC-safe	LBB-MBB (-34%)	Jul 02 '26	2d	-6.5%	$3.60	$5,680	0.70	-0.62σ	50%	$-9,861	$2,680	$2,680	$2,680
	$46.00 ✓CC-safe	LBB-MBB (-30%)	Jul 02 '26	2d	-1.1%	$2.08	$2,630	0.52	-0.07σ	50%	$-12,911	$-370.00	$-370.00	$-370.00
	$46.50 ✓CC-safe	LBB-MBB (-29%)	Jul 02 '26	2d	-0.0%	$1.84	$2,170	0.48	0.04σ	52%	$-13,371	$-830.00	$-830.00	$-830.00
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 02 '26	2d	+1.1%	$1.70	$1,880	0.44	0.16σ	56%	$-12,764	$-1,120	$-728.40	$-223.07
	$47.50 ✓CC-safe	LBB-MBB (-28%)	Jul 02 '26	2d	+2.1%	$1.41	$1,300	0.41	0.28σ	61%	$-12,428	$-1,700	$-990.72	$112.16
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 02 '26	2d	+3.2%	$1.21	$900.00	0.37	0.39σ	65%	$-11,913	$-2,100	$-1,152	$627.39
	$48.50 ✓CC-safe	MBB-UBB (-26%)	Jul 02 '26	2d	+4.3%	$1.08	$630.00	0.33	0.51σ	69%	$-11,268	$-2,370	$-1,256	$1,273
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 02 '26	2d	+5.4%	$0.92	$320.00	0.30	0.62σ	73%	$-10,663	$-2,680	$-1,466	$1,878
	$49.50 ✓CC-safe	MBB-UBB (-25%)	Jul 02 '26	2d	+6.4%	$0.79	$70.00	0.27	0.74σ	77%	$-9,998	$-2,930	$-1,672	$2,543
	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 02 '26	2d	+7.5%	$0.68	$-170.00	0.24	0.85σ	80%	$-9,322	$-3,170	$-1,913	$3,218
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 02 '26	2d	+9.7%	$0.50	$-520.00	0.18	1.08σ	86%	$-7,842	$-3,520	$-2,367	$4,699
	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 02 '26	2d	+11.8%	$0.34	$-840.00	0.14	1.30σ	90%	$-6,331	$-3,840	$-2,863	$6,209
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 02 '26	2d	+14.0%	$0.25	$-1,020	0.10	1.51σ	93%	$-4,681	$-4,020	$-3,240	$7,860
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 02 '26	2d	+16.1%	$0.17	$-1,180	0.08	1.71σ	96%	$-3,010	$-4,180	$-3,579	$9,530
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 02 '26	2d	+18.3%	$0.12	$-1,270	0.06	1.90σ	97%	$-1,270	$-4,270	$-3,821	$11,271
	$42.50 ✓CC-safe	LBB-MBB (-35%)	Jul 10 '26	10d	-8.6%	$5.50	$9,480	0.69	-0.39σ	50%	$-6,061	$6,480	$6,480	$6,480
	$43.00 ✓CC-safe	LBB-MBB (-35%)	Jul 10 '26	10d	-7.5%	$5.25	$8,980	0.67	-0.33σ	50%	$-6,561	$5,980	$5,980	$5,980
	$43.50 ✓CC-safe	LBB-MBB (-34%)	Jul 10 '26	10d	-6.5%	$4.85	$8,180	0.65	-0.27σ	50%	$-7,361	$5,180	$5,180	$5,180
	$44.00 ✓CC-safe	LBB-MBB (-33%)	Jul 10 '26	10d	-5.4%	$4.68	$7,830	0.63	-0.21σ	50%	$-7,711	$4,830	$4,830	$4,830
	$44.50 ✓CC-safe	LBB-MBB (-32%)	Jul 10 '26	10d	-4.3%	$4.25	$6,980	0.60	-0.15σ	50%	$-8,561	$3,980	$3,980	$3,980
	$45.00 ✓CC-safe	LBB-MBB (-31%)	Jul 10 '26	10d	-3.2%	$3.97	$6,430	0.58	-0.09σ	50%	$-9,111	$3,430	$3,430	$3,430
	$45.50 ✓CC-safe	LBB-MBB (-31%)	Jul 10 '26	10d	-2.2%	$3.80	$6,080	0.56	-0.03σ	50%	$-9,461	$3,080	$3,080	$3,080
	$46.00 ✓CC-safe	LBB-MBB (-30%)	Jul 10 '26	10d	-1.1%	$3.35	$5,180	0.53	0.03σ	51%	$-10,361	$2,180	$2,180	$2,180
	$46.50 ✓CC-safe	LBB-MBB (-29%)	Jul 10 '26	10d	-0.0%	$3.23	$4,930	0.51	0.09σ	54%	$-10,611	$1,930	$1,930	$1,930
	$47.00 ✓CC-safe	LBB-MBB (-28%)	Jul 10 '26	10d	+1.1%	$2.93	$4,340	0.49	0.15σ	56%	$-10,304	$1,340	$1,736	$2,237
	$47.50 ✓CC-safe	LBB-MBB (-28%)	Jul 10 '26	10d	+2.1%	$2.83	$4,150	0.47	0.21σ	58%	$-9,578	$1,150	$1,907	$2,962
	$48.00 ✓CC-safe	MBB-UBB (-27%)	Jul 10 '26	10d	+3.2%	$2.54	$3,570	0.45	0.27σ	60%	$-9,243	$570.00	$1,647	$3,297
	$48.50 ✓CC-safe	MBB-UBB (-26%)	Jul 10 '26	10d	+4.3%	$2.37	$3,220	0.42	0.32σ	63%	$-8,678	$220.00	$1,577	$3,863
	$49.00 ✓CC-safe	MBB-UBB (-25%)	Jul 10 '26	10d	+5.4%	$2.17	$2,820	0.40	0.38σ	65%	$-8,163	$-180.00	$1,419	$4,378
▶	$49.50 ✓CC-safe	MBB-UBB (-25%)	Jul 10 '26	10d	+6.4%	$2.00	$2,490	0.38	0.44σ	67%	$-7,578	$-510.00	$1,294	$4,963
	$50.00 ✓CC-safe	MBB-UBB (-24%)	Jul 10 '26	10d	+7.5%	$1.85	$2,190	0.36	0.50σ	69%	$-6,962	$-810.00	$1,165	$5,578
	$51.00 ✓CC-safe	MBB-UBB (-22%)	Jul 10 '26	10d	+9.7%	$1.60	$1,680	0.32	0.61σ	73%	$-5,642	$-1,320	$904.00	$6,899
●	$52.00 ✓CC-safe	MBB-UBB (-21%)	Jul 10 '26	10d	+11.8%	$1.29	$1,070	0.28	0.72σ	76%	$-4,421	$-1,930	$435.59	$8,119
	$53.00 ✓CC-safe	MBB-UBB (-19%)	Jul 10 '26	10d	+14.0%	$1.12	$720.00	0.25	0.83σ	80%	$-2,941	$-2,280	$138.71	$9,600
	$54.00 ✓CC-safe	MBB-UBB (-18%)	Jul 10 '26	10d	+16.1%	$0.94	$360.00	0.22	0.93σ	82%	$-1,470	$-2,640	$-237.98	$11,070
	$55.00 ✓CC-safe	MBB-UBB (-16%)	Jul 10 '26	10d	+18.3%	$0.76	$0.00	0.19	1.06σ	86%	$0.00	$-3,000	$-754.38	$12,541
	$56.00 ✓CC-safe	MBB-UBB (-15%)	Jul 10 '26	10d	+20.4%	$0.76	$0.00	0.17	1.13σ	87%	$1,830	$-3,000	$-771.29	$14,371
	$57.00 ✓CC-safe	MBB-UBB (-13%)	Jul 10 '26	10d	+22.6%	$0.63	$-260.00	0.14	1.23σ	89%	$3,401	$-3,260	$-1,161	$15,942
	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 10 '26	10d	+24.7%	$0.49	$-540.00	0.13	1.32σ	91%	$4,951	$-3,540	$-1,586	$17,492
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 10 '26	10d	+26.9%	$0.35	$-810.00	0.11	1.41σ	92%	$6,512	$-3,810	$-2,008	$19,053
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 10 '26	10d	+29.0%	$0.41	$-710.00	0.09	1.50σ	93%	$8,442	$-3,710	$-2,061	$20,983
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 10 '26	10d	+31.2%	$0.27	$-990.00	0.08	1.58σ	94%	$9,993	$-3,990	$-2,489	$22,533
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 10 '26	10d	+33.3%	$0.33	$-870.00	0.07	1.67σ	95%	$11,943	$-3,870	$-2,512	$24,484
	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 10 '26	10d	+37.6%	$0.23	$-1,070	0.05	1.82σ	97%	$15,404	$-4,070	$-2,969	$27,945

⚠ 4 more near-money roll(s) hidden — all below the CC-Safe Strike, each would lock a loss if capped. The closest-to-safe few are shown (tagged NOT CC-safe) for reference.

Neville:0865 · IREN · 20c · CAPPED → ROLL + ROLL-DOWN SUGGESTIONS

STOCK$46.51

FORTRESS P/L (EX-CC)$-27,810

BE SAFE STRIKE$56.50-17.7% · reference

CC-SAFE STRIKE$59.62+28.2% vs spot

CURRENT CC$60.00Jul 17 '26 · 17d

BUYBACK-$1,780

HOLD FLAT$-27,810

HOLD @ $60.00$1,331

SURV%89%

RIDE E[P/L]$-24,548

SYNTH Δ1.08

Δ ABOVE CAP / PT$160/pt

SHARES2,000

Expiries scanned Jul 02 '26 (2d) · Jul 10 '26 (10d) · Jul 17 '26 (17d) · Jul 24 '26 (24d) · Jul 31 '26 (31d) · Aug 07 '26 (38d)

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

Forward roll suggestions

PICK	ACTION	EXPIRY · STRIKE	MID	Δ	σ	SURV%	NET CREDIT	FLAT	CAP	E[P/L]	NOTES
▶ BEST EV (≥65% SURV)	roll to 20×	Jul 31 '26 $58.00C · 31d ✓ CC-safe	$2.32	0.28	0.86σ	81%	+$2,860	$-24,950	$-129.30	$-20,137	—
● SAFEST VIABLE	roll to 20×	Jul 31 '26 $64.00C · 31d ✓ CC-safe	$1.34	0.19	1.18σ	88%	+$900.00	$-26,910	$10,872	$-22,395	—

FORWARD ROLLS · new expiry past current CC · net credit = (new mid - current buyback) × shares · E[P/L] = surv% × flat + (1-surv%) × cap

	STRIKE	BB ZONE	EXPIRY	DTE	%OTM	MID	NET CREDIT $	Δ	SIGMA	SURV%	CAP GAIN	STOCK FLAT	E[P/L]	P/L @ CAP
	$47.00 ✗<CC-safe	LBB-MBB (-28%)	Jul 24 '26	24d	+1.1%	$4.78	$7,770	0.53	0.18σ	57%	$-20,313	$-20,040	$-19,585	$-18,982
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 24 '26	24d	+26.9%	$1.25	$730.00	0.23	1.00σ	84%	$-1,430	$-27,080	$-22,771	$-99.10
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 24 '26	24d	+29.0%	$1.41	$1,030	0.21	1.05σ	85%	$1,030	$-26,780	$-22,531	$2,361
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 24 '26	24d	+31.2%	$1.25	$730.00	0.20	1.11σ	87%	$2,890	$-27,080	$-22,914	$4,221
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 24 '26	24d	+33.3%	$1.02	$250.00	0.18	1.17σ	88%	$4,570	$-27,560	$-23,494	$5,901
	$63.00 ✓CC-safe	MBB-UBB (-4%)	Jul 24 '26	24d	+35.5%	$0.83	$-110.00	0.17	1.22σ	89%	$6,371	$-27,920	$-23,973	$7,702
	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 24 '26	24d	+37.6%	$1.02	$270.00	0.16	1.28σ	90%	$8,911	$-27,540	$-23,724	$10,242
	$65.00 ✓CC-safe	MBB-UBB (-1%)	Jul 24 '26	24d	+39.8%	$0.88	$-20.00	0.14	1.33σ	91%	$10,781	$-27,830	$-24,151	$12,112
	$47.00 ✗<CC-safe	LBB-MBB (-28%)	Jul 31 '26	31d	+1.1%	$5.57	$9,370	0.54	0.19σ	58%	$-18,713	$-18,440	$-17,991	$-17,382
▶	$58.00 ✓CC-safe	MBB-UBB (-12%)	Jul 31 '26	31d	+24.7%	$2.32	$2,860	0.28	0.86σ	81%	$-1,460	$-24,950	$-20,137	$-129.30
	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 31 '26	31d	+26.9%	$1.94	$2,100	0.26	0.92σ	82%	$-60.20	$-25,710	$-20,875	$1,271
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 31 '26	31d	+29.0%	$1.88	$1,970	0.25	0.97σ	83%	$1,970	$-25,840	$-21,017	$3,301
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 31 '26	31d	+31.2%	$1.85	$1,930	0.23	1.02σ	85%	$4,090	$-25,880	$-21,100	$5,421
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 31 '26	31d	+33.3%	$1.67	$1,550	0.22	1.08σ	86%	$5,870	$-26,260	$-21,549	$7,201
	$63.00 ✓CC-safe	MBB-UBB (-4%)	Jul 31 '26	31d	+35.5%	$1.79	$1,810	0.20	1.13σ	87%	$8,291	$-26,000	$-21,376	$9,622
●	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 31 '26	31d	+37.6%	$1.34	$900.00	0.19	1.18σ	88%	$9,541	$-26,910	$-22,395	$10,872
	$65.00 ✓CC-safe	MBB-UBB (-1%)	Jul 31 '26	31d	+39.8%	$1.25	$720.00	0.18	1.23σ	89%	$11,521	$-27,090	$-22,696	$12,852
	$66.00 ✓CC-safe	+UBB 0% (+0%)	Jul 31 '26	31d	+41.9%	$1.25	$720.00	0.17	1.27σ	90%	$13,681	$-27,090	$-22,825	$15,012
	$67.00 ✓CC-safe	+UBB 2% (+2%)	Jul 31 '26	31d	+44.1%	$0.91	$40.00	0.15	1.32σ	91%	$15,161	$-27,770	$-23,649	$16,492
	$68.00 ✓CC-safe	+UBB 4% (+4%)	Jul 31 '26	31d	+46.2%	$1.29	$810.00	0.14	1.37σ	91%	$18,092	$-27,000	$-23,026	$19,423
	$69.00 ✓CC-safe	+UBB 5% (+5%)	Jul 31 '26	31d	+48.4%	$1.16	$530.00	0.13	1.41σ	92%	$19,972	$-27,280	$-23,457	$21,303
	$70.00 ✓CC-safe	+UBB 7% (+7%)	Jul 31 '26	31d	+50.5%	$0.84	$-100.00	0.12	1.46σ	93%	$21,502	$-27,910	$-24,241	$22,833
30d	$47.00 ✗<CC-safe	LBB-MBB (-28%)	Aug 07 '26	38d	+1.1%	$6.35	$10,920	0.55	0.20σ	58%	$-17,163	$-16,890	$-16,446	$-15,832
30d	$57.00 ✓CC-safe	MBB-UBB (-13%)	Aug 07 '26	38d	+22.6%	$3.04	$4,310	0.33	0.76σ	78%	$-2,171	$-23,500	$-18,426	$-839.50
30d	$58.00 ✓CC-safe	MBB-UBB (-12%)	Aug 07 '26	38d	+24.7%	$3.18	$4,570	0.32	0.81σ	79%	$249.60	$-23,240	$-18,045	$1,581
30d	$59.00 ✓CC-safe	MBB-UBB (-10%)	Aug 07 '26	38d	+26.9%	$2.52	$3,270	0.30	0.86σ	80%	$1,110	$-24,540	$-19,265	$2,441
30d	$60.00 ✓CC-safe	MBB-UBB (-9%)	Aug 07 '26	38d	+29.0%	$2.55	$3,320	0.28	0.91σ	82%	$3,320	$-24,490	$-19,169	$4,651
30d	$61.00 ✓CC-safe	MBB-UBB (-7%)	Aug 07 '26	38d	+31.2%	$2.33	$2,890	0.27	0.95σ	83%	$5,050	$-24,920	$-19,586	$6,381
30d	$62.00 ✓CC-safe	MBB-UBB (-6%)	Aug 07 '26	38d	+33.3%	$2.24	$2,690	0.25	1.00σ	84%	$7,010	$-25,120	$-19,803	$8,341
30d	$65.00 ✓CC-safe	MBB-UBB (-1%)	Aug 07 '26	38d	+39.8%	$2.15	$2,520	0.21	1.13σ	87%	$13,321	$-25,290	$-20,149	$14,652
30d	$70.00 ✓CC-safe	+UBB 7% (+7%)	Aug 07 '26	38d	+50.5%	$0.98	$180.00	0.16	1.34σ	91%	$21,782	$-27,630	$-23,068	$23,113
30d	$75.00 ✓CC-safe	+UBB 14% (+14%)	Aug 07 '26	38d	+61.3%	$0.88	$-30.00	0.12	1.54σ	94%	$32,373	$-27,840	$-24,000	$33,704

BEST EV (≥65% SURV) · $58.0 · if this call is challenged

Roll menuyour doors if the call gets challenged; each row = buy back the 20 calls + sell the new ones, one order. Prices assume the central case (day 15 of 31); earlier = worse credits, later = better, through the strike = add intrinsic

Buyback gross: $9.51/sh now → $6.74 mid-life (likely $6.84–$9.58) → ≈ $0 at expiry | you banked $2.04/sh, so a flat mid-life exit nets -$4.70/sh | roll rows are incremental, the banked premium stays yours

📊 Across 1,086 simulated challenges: the $58 strike is typically first touched on day 15 of 31, at $60 (overshoots $1.95). 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.

Move	New strike ≈	New expiry	Tenor	Est net	Total (20 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Roll out (same strike, buy time)	~$58	7 Aug 2026	22d left	-$1.28/sh	-$2,556 cycle +$1,524 [-$4,620…-$2,246] · 9% credit	62% surv 50%	-$2,164 NOT cap gain +$25,646
Safety roll (pay small debit, max POP)	~$58	7 Aug 2026	22d left	-$1.27/sh	-$2,540 cycle +$1,540 [-$4,505…-$2,249] · 8% credit	63% surv 51%	-$1,080 NOT cap gain +$26,730
budget: banked $4,080 debit $2,540 (62% used) → whole cycle still +$1,540 cash · rolled 20 ct earn ≈ $14,920/mo while parked; 0 ct free to re-sell · clears SS ✓

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 basis as the strategic card's @cap and TOTAL EXIT P&L, 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 +0.5 vol pt per +1% move (spike-vol name: vol expands on a fast move, richer buyback). Estimates, not quotes; the live roll table owns the real decision when a CC is actually threatened.

Move	New strike ≈	New expiry	Tenor	Est net	Total (20 ct)	POP / surv of new CC	If rolled & exited total P&L · cap gain @ new strike
Roll out (same strike, buy time)	~$64	7 Aug 2026	22d left	-$1.49/sh	-$2,971 cycle -$611 [-$4,689…-$1,324] · 13% credit	62% surv 50%	+$8,747 SAFE cap gain +$36,557

⚠ 30 more near-money roll(s) hidden — all below the CC-Safe Strike, each would lock a loss if capped. The closest-to-safe few are shown (tagged NOT CC-safe) for reference.

Roll-down suggestions

PICK	ACTION	EXPIRY · STRIKE	MID	Δ	σ	SURV%	NET CREDIT	FLAT	CAP	E[P/L]	NOTES
▶ BEST EV (≥65% SURV)	roll down to 20×	Jul 17 '26 $59.00C · 17d ✓ CC-safe	$0.84	0.18	1.15σ	87%	$-100.00	$-27,910	$-929.10	$-24,513	—
⚠ RISKY HARVEST	roll down to 20×	Jul 17 '26 $55.00C · 17d ✗ NOT CC-safe ($-349.00 if capped)	$1.52	0.26	0.85σ	80%	+$1,250	$-26,560	$-8,220	$-22,910	⚠ locks in $349.00 ($0.17/sh) loss if capped

ROLL-DOWN · same or earlier expiry, lower strike · net credit = (new mid - current buyback) × shares · E[P/L] = surv% × flat + (1-surv%) × cap

	STRIKE	BB ZONE	EXPIRY	DTE	%OTM	MID	NET CREDIT $	Δ	SIGMA	SURV%	CAP GAIN	STOCK FLAT	E[P/L]	P/L @ CAP
	$55.00 ✗<CC-safe	MBB-UBB (-16%)	Jul 02 '26	2d	+18.3%	$0.12	$-1,530	0.06	1.90σ	97%	$-12,331	$-29,340	$-28,810	$-11,000
	$42.50 ✗<CC-safe	LBB-MBB (-35%)	Jul 10 '26	10d	-8.6%	$5.50	$9,220	0.69	-0.39σ	50%	$-19,921	$-18,590	$-18,590	$-18,590
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 10 '26	10d	+29.0%	$0.41	$-970.00	0.09	1.50σ	93%	$-970.00	$-28,780	$-26,833	$361.10
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 10 '26	10d	+31.2%	$0.27	$-1,250	0.08	1.58σ	94%	$910.20	$-29,060	$-27,288	$2,241
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 10 '26	10d	+33.3%	$0.33	$-1,130	0.07	1.67σ	95%	$3,190	$-28,940	$-27,337	$4,521
	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 10 '26	10d	+37.6%	$0.23	$-1,330	0.05	1.82σ	97%	$7,311	$-29,140	$-27,840	$8,642
	$43.00 ✗<CC-safe	LBB-MBB (-35%)	Jul 17 '26	17d	-7.5%	$6.18	$10,570	0.65	-0.20σ	50%	$-18,571	$-17,240	$-17,240	$-17,240
⚠	$55.00 ✗<CC-safe	MBB-UBB (-16%)	Jul 17 '26	17d	+18.3%	$1.52	$1,250	0.26	0.85σ	80%	$-9,551	$-26,560	$-22,910	$-8,220
▶	$59.00 ✓CC-safe	MBB-UBB (-10%)	Jul 17 '26	17d	+26.9%	$0.84	$-100.00	0.18	1.15σ	87%	$-2,260	$-27,910	$-24,513	$-929.10
	$60.00 ✓CC-safe	MBB-UBB (-9%)	Jul 17 '26	17d	+29.0%	$0.89	$0.00	0.16	1.22σ	89%	$0.00	$-27,810	$-24,549	$1,331
	$61.00 ✓CC-safe	MBB-UBB (-7%)	Jul 17 '26	17d	+31.2%	$0.66	$-460.00	0.14	1.28σ	90%	$1,700	$-28,270	$-25,156	$3,031
	$62.00 ✓CC-safe	MBB-UBB (-6%)	Jul 17 '26	17d	+33.3%	$0.65	$-490.00	0.13	1.35σ	91%	$3,830	$-28,300	$-25,342	$5,161
	$63.00 ✓CC-safe	MBB-UBB (-4%)	Jul 17 '26	17d	+35.5%	$0.58	$-620.00	0.12	1.41σ	92%	$5,861	$-28,430	$-25,630	$7,192
	$64.00 ✓CC-safe	MBB-UBB (-3%)	Jul 17 '26	17d	+37.6%	$0.52	$-740.00	0.11	1.48σ	93%	$7,901	$-28,550	$-25,909	$9,232
	$65.00 ✓CC-safe	MBB-UBB (-1%)	Jul 17 '26	17d	+39.8%	$0.47	$-840.00	0.10	1.54σ	94%	$9,961	$-28,650	$-26,166	$11,292
	$66.00 ✓CC-safe	+UBB 0% (+0%)	Jul 17 '26	17d	+41.9%	$0.33	$-1,110	0.09	1.60σ	94%	$11,851	$-28,920	$-26,588	$13,182
	$67.00 ✓CC-safe	+UBB 2% (+2%)	Jul 17 '26	17d	+44.1%	$0.46	$-850.00	0.08	1.65σ	95%	$14,271	$-28,660	$-26,478	$15,602
	$68.00 ✓CC-safe	+UBB 4% (+4%)	Jul 17 '26	17d	+46.2%	$0.44	$-900.00	0.07	1.71σ	96%	$16,382	$-28,710	$-26,663	$17,713
	$69.00 ✓CC-safe	+UBB 5% (+5%)	Jul 17 '26	17d	+48.4%	$0.31	$-1,170	0.06	1.76σ	96%	$18,272	$-28,980	$-27,066	$19,603
	$70.00 ✓CC-safe	+UBB 7% (+7%)	Jul 17 '26	17d	+50.5%	$0.28	$-1,220	0.06	1.81σ	96%	$20,382	$-29,030	$-27,239	$21,713
	$71.00 ✓CC-safe	+UBB 8% (+8%)	Jul 17 '26	17d	+52.7%	$0.32	$-1,140	0.05	1.86σ	97%	$22,622	$-28,950	$-27,278	$23,953

⚠ 56 more near-money roll(s) hidden — all below the CC-Safe Strike, each would lock a loss if capped. The closest-to-safe few are shown (tagged NOT CC-safe) for reference.

RetireInc:7291 · IREN · 20c · UNCAPPED → CC SUGGESTIONS

STOCK$46.51

FORTRESS P/L (EX-CC)$-42,310

BE SAFE STRIKE$63.43-26.7% · reference

CC-SAFE STRIKE$66.80+43.6% vs spot

SYNTH Δ1.05

Δ ABOVE CAP / PT$95/pt

SHARES2,000

Expiries scanned Jul 02 '26 (2d) · Jul 10 '26 (10d) · Jul 17 '26 (17d)

WEEKLY GATE · 🟢 NEUTRAL %B 45 · RSI 48 · MACD bearish (falling) · 1σw 14.6%

Read: Normal CC writing territory. Sell at or above the fortress safe strike. 1-sigma weekly move above spot is a reasonable floor. Suggested CC floor: $63.43.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.

New CC suggestions

PICK	ACTION	EXPIRY · STRIKE	MID	Δ	σ	SURV%	CREDIT	FLAT	CAP	E[P/L]	NOTES
▶ BEST EV (≥65% SURV)	sell 20×	Jul 17 '26 $67.00C · 17d ✓ CC-safe	$0.46	0.08	1.65σ	95%	+$930.00	$-41,380	$1,555	$-39,263	—
● SAFEST VIABLE	sell 20×	Jul 17 '26 $71.00C · 17d ✓ CC-safe	$0.32	0.05	1.86σ	97%	+$640.00	$-41,670	$9,647	$-40,048	—

CC CANDIDATES · credit at mid · E[P/L] = surv% × flat + (1-surv%) × cap

	STRIKE	BB ZONE	EXPIRY	DTE	%OTM	MID	CREDIT $	Δ	SIGMA	SURV%	CAP GAIN	STOCK FLAT	E[P/L]	P/L @ CAP
	$55.00 ✗<CC-safe	MBB-UBB (-16%)	Jul 02 '26	2d	+18.3%	$0.12	$250.00	0.06	1.90σ	97%	$18,040	$-42,060	$-41,546	$-24,270
	$64.00 ✗<CC-safe	MBB-UBB (-3%)	Jul 10 '26	10d	+37.6%	$0.23	$450.00	0.05	1.82σ	97%	$37,099	$-41,860	$-40,599	$-5,211
	$51.00 ✗<CC-safe	MBB-UBB (-22%)	Jul 17 '26	17d	+9.7%	$2.65	$5,300	0.38	0.51σ	70%	$14,708	$-37,010	$-34,156	$-27,602
▶	$67.00 ✓CC-safe	+UBB 2% (+2%)	Jul 17 '26	17d	+44.1%	$0.46	$930.00	0.08	1.65σ	95%	$43,865	$-41,380	$-39,263	$1,555
	$68.00 ✓CC-safe	+UBB 4% (+4%)	Jul 17 '26	17d	+46.2%	$0.44	$880.00	0.07	1.71σ	96%	$45,910	$-41,430	$-39,444	$3,600
	$69.00 ✓CC-safe	+UBB 5% (+5%)	Jul 17 '26	17d	+48.4%	$0.31	$610.00	0.06	1.76σ	96%	$47,736	$-41,700	$-39,843	$5,426
	$70.00 ✓CC-safe	+UBB 7% (+7%)	Jul 17 '26	17d	+50.5%	$0.28	$560.00	0.06	1.81σ	96%	$49,781	$-41,750	$-40,012	$7,471
●	$71.00 ✓CC-safe	+UBB 8% (+8%)	Jul 17 '26	17d	+52.7%	$0.32	$640.00	0.05	1.86σ	97%	$51,957	$-41,670	$-40,048	$9,647

⚠ Underwater: no near-the-money strike to price a challenge here. For drawdown income recovery, see the fortress_fight dashboard.

⚠ 39 more near-money roll(s) hidden — all below the CC-Safe Strike, each would lock a loss if capped. The closest-to-safe few are shown (tagged NOT CC-safe) for reference.