These positions appeared in IBKR or the CSV but did not pass the
structural fortress filters, failed market data fetch, or were
excluded via --exclude.
Verify in TWS that each is structured correctly (LC + matching-qty
SP on same expiry, HP within cutoff, etc.) or adjust the
--expiry cutoff.
TICKER
ACCOUNT
QTY
LC
HP
REASON
BMNR
U10001299
125c
LC 20280121 (557d)
—
SP qty mismatch (LC=125, SP=75)
BMNR
U10001299
25c
LC 20270115 (186d)
—
no SP on LC expiry
BMNR
U6241782
150c
LC 20280121 (557d)
—
SP qty mismatch (LC=150, SP=82)
EOSE1
U6241782
10c
LC 20280121 (557d)
HP 20280121 (557d)
market data fetch failed
GOOG
U10001299
10c
LC 20271217 (522d)
—
no SP on LC expiry
GOOG
U6241782
5c
LC 20271217 (522d)
—
no SP on LC expiry
IBIT
U6241782
50c
LC 20271217 (522d)
—
no SP on LC expiry
IGV
U10001299
12c
LC 20280121 (557d)
—
no SP on LC expiry
MARA
U10001299
200c
LC 20270115 (186d)
—
no SP on LC expiry
MSTR
U6241782
10c
LC 20271217 (522d)
—
no SP on LC expiry
OPEN1
U6241782
35c
LC 20280121 (557d)
HP 20280121 (557d)
market data fetch failed
PATH
U10001299
35c
LC 20280121 (557d)
—
no SP on LC expiry
SPY
U13190865
12c
LC 20280121 (557d)
—
no SP on LC expiry
TSLA
U10001299
5c
LC 20280616 (704d)
—
no SP on LC expiry
TSLA
U6241782
5c
LC 20280616 (704d)
—
no SP on LC expiry
CALIBRATION · predicted vs realized (76 of 224 resolved, since 2026-07-03)
REASONCC $630.00 is 4.5% ITM with 18d left (54% time value). roll credit only $-11.55/sh (-1.76%, below 0.3%); sigma 0.19σ < 0.5σ (58% survival, need ≥65%). Buyback costs $18,330 — let theta work. If CC expires worthless: sell fresh CC at a higher strike. If assigned: rebuild the fortress at current levels. Stock flat P/L: $21,625. Hold-to-expiry: stock flat $21,625.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$480.00
Jan 21 '28
557d
$264.50
0.84
-0.117
$178.05
$86.45
33% extr delta 0.84
SP
$650.00
Jan 21 '28
557d
$115.47
0.35
-0.090
$0.00
$115.47
ALIVE 1.2% OTM
HP
$330.00
Oct 16 '26
95d
$0.53
0.01
-0.019
$0.00
$0.53
ACTIVE floor 50%
CC
$630.00
Jul 31 '26
18d
$61.10
0.69
-0.838
$28.05
$33.05
ITM +4.5% ITM · -0.26σ (40%) · close $18,330
✗ NO VIABLE ROLL: credit -1.76% < 0.3% min; σ 0.19 < 0.5 min (58% surv, need 65%)
ROLL CANDIDATES EVALUATED — none met thresholds
Current CC: $630.00 ·
Jul 31 '26
#
STRIKE
EXPIRY
DTE
CREDIT/SH
TOTAL
HEADROOM
SIGMA
SURV%
DELTA
CAP GAIN
E[P/L]
P/L @ CAP
1
$670.0
Aug 07 '26
25d
$-17.75
$-5,325
+1.8%
0.19σ
58%
0.54
$7,302
$26,495
$28,926
2
$675.0
Aug 07 '26
25d
$-20.00
$-6,000
+2.6%
0.24σ
60%
0.52
$8,389
$26,450
$30,013
3
$670.0
Aug 14 '26
32d
$-14.12
$-4,238
+1.8%
0.19σ
58%
0.54
$8,389
$27,587
$30,014
4
$675.0
Aug 14 '26
32d
$-17.23
$-5,168
+2.6%
0.24σ
59%
0.52
$9,221
$27,297
$30,846
5
$680.0
Aug 14 '26
32d
$-19.55
$-5,865
+3.3%
0.28σ
61%
0.51
$10,286
$27,180
$31,910
6
$670.0
Aug 21 '26
39d
$-11.55
$-3,465
+1.8%
0.19σ
58%
0.54
$9,162
$28,362
$30,786
7
$675.0
Aug 21 '26
39d
$-13.77
$-4,132
+2.6%
0.23σ
59%
0.53
$10,256
$28,344
$31,881
8
$680.0
Aug 21 '26
39d
$-15.98
$-4,792
+3.3%
0.27σ
61%
0.51
$11,358
$28,277
$32,983
9
$685.0
Aug 21 '26
39d
$-18.02
$-5,408
+4.1%
0.32σ
62%
0.50
$12,505
$28,201
$34,130
10
$690.0
Aug 21 '26
39d
$-20.02
$-6,008
+4.9%
0.36σ
64%
0.48
$13,668
$28,088
$35,292
1
$780.0
Aug 07 '26
25d
$-48.92
$-14,677
+18.5%
1.15σ
88%
0.21
$36,716
$20,704
$58,341
2
$775.0
Aug 07 '26
25d
$-48.08
$-14,423
+17.8%
1.12σ
87%
0.22
$35,209
$21,062
$56,834
3
$770.0
Aug 07 '26
25d
$-47.38
$-14,212
+17.0%
1.08σ
86%
0.23
$33,657
$21,370
$55,281
4
$765.0
Aug 07 '26
25d
$-46.50
$-13,950
+16.3%
1.04σ
85%
0.24
$32,157
$21,717
$53,782
5
$760.0
Aug 07 '26
25d
$-45.60
$-13,680
+15.5%
1.00σ
84%
0.25
$30,665
$22,058
$52,290
6
$800.0
Aug 21 '26
39d
$-47.53
$-14,258
+21.6%
1.16σ
88%
0.21
$44,185
$21,935
$65,809
7
$795.0
Aug 21 '26
39d
$-46.95
$-14,085
+20.8%
1.13σ
87%
0.21
$42,595
$22,215
$64,220
8
$790.0
Aug 21 '26
39d
$-46.17
$-13,852
+20.1%
1.10σ
86%
0.22
$41,065
$22,544
$62,690
9
$785.0
Aug 21 '26
39d
$-45.30
$-13,590
+19.3%
1.06σ
86%
0.23
$39,566
$22,897
$61,190
10
$780.0
Aug 21 '26
39d
$-44.50
$-13,350
+18.5%
1.03σ
85%
0.24
$38,044
$23,214
$59,668
1
$670.0
Aug 07 '26
25d
$-17.75
$-5,325
+1.8%
0.19σ
58%
0.54
$7,302
$26,495
$28,926
2
$675.0
Aug 07 '26
25d
$-20.00
$-6,000
+2.6%
0.24σ
60%
0.52
$8,389
$26,450
$30,013
3
$680.0
Aug 07 '26
25d
$-22.10
$-6,630
+3.3%
0.29σ
62%
0.50
$9,521
$26,386
$31,145
4
$685.0
Aug 07 '26
25d
$-24.20
$-7,260
+4.1%
0.34σ
63%
0.48
$10,653
$26,259
$32,278
5
$690.0
Aug 07 '26
25d
$-26.12
$-7,838
+4.9%
0.39σ
65%
0.46
$11,838
$26,126
$33,462
6
$695.0
Aug 07 '26
25d
$-27.80
$-8,340
+5.6%
0.44σ
67%
0.44
$13,097
$26,013
$34,722
7
$700.0
Aug 07 '26
25d
$-29.85
$-8,955
+6.4%
0.48σ
69%
0.43
$14,244
$25,733
$35,869
8
$705.0
Aug 07 '26
25d
$-31.50
$-9,450
+7.1%
0.53σ
70%
0.41
$15,512
$25,524
$37,136
9
$710.0
Aug 07 '26
25d
$-33.10
$-9,930
+7.9%
0.58σ
72%
0.39
$16,794
$25,284
$38,418
10
$715.0
Aug 07 '26
25d
$-34.50
$-10,350
+8.7%
0.62σ
73%
0.38
$18,136
$25,059
$39,760
✓ SKIP
NVDA · 5c · U13190865
MARKET
STOCK$207.09entry ~$199.62 · +3.7%
CURRENT CC$225Jul 24 '26 · 11d
CC STATUSOTM -8.0%1.34σ · 91% surv · T:18%
STRUCTURE
BE SAFE STRIKE$199.62+3.6% vs spot
CC-SAFE STRIKE$199.54-3.6% vs spot
NET DEBIT$59.62
CAP LOCKED$29,811
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$5,055
CC BUYBACK-$802.50
CLOSE P/L$4,253
SCENARIOS
STOCK FLAT$5,055
STOCK @ $225$14,995
Δ ABOVE CAP / PT$55/pt+0.11δ/sh
CC INC/MO$2,189
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$4,253
+$4,253
+$4,253
— / —
lock it in today, capital freed
✓ HOLD CC
+$5,055
+$14,995
+$5,951
91% / 18%
ride to Jul 24 '26 (11d)
UNCAP
+$4,253
—
—
— / —
buy back CC $802.50, upside open (Δ ≈ +555 $/pt)
REASONCC $225.00 is 8.0% OTM. Safe. Earning $1.60/sh time value. Normal operations. Hold-to-expiry: stock flat $5,055 · at cap $14,995.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$140.00
Jan 21 '28
557d
$89.45
0.87
-0.034
$67.09
$22.36
25% extr delta 0.87
SP
$175.00
Jan 21 '28
557d
$21.45
0.24
-0.025
$0.00
$21.45
DYING 18.3% OTM
HP
$70.00
Oct 16 '26
95d
$0.14
0.00
-0.004
$0.00
$0.14
DEAD floor 34%
CC
$225.00
Jul 24 '26
11d
$1.60
0.20
-0.158
$0.00
$1.60
OTM 8.0% OTM · 1.34σ (91%) · close $802.50
✓ SKIP
ENPH · 10c · U18827291
MARKET
STOCK$44.25entry ~$52.29 · -15.4%
CURRENT CC$50.00Jul 17 '26 · 4d
CC STATUSOTM -11.5%1.45σ · 93% surv · T:15%
STRUCTURE
BE SAFE STRIKE$56.15-26.9% vs spot
CC-SAFE STRIKE$57.94+30.9% vs spot
NET DEBIT$7.29
CAP LOCKED$7,292
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-13,843
CC BUYBACK-$510.00
CLOSE P/L$-14,353
SCENARIOS
STOCK FLAT$-13,843
STOCK @ $50.00$-7,522
Δ ABOVE CAP / PT$99/pt+0.10δ/sh
CC INC/MO$3,825
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$14,353
−$14,353
−$14,353
— / —
lock it in today, capital freed
✓ HOLD CC
−$13,843
−$7,522
−$13,375
93% / 15%
ride to Jul 17 '26 (4d)
UNCAP
−$14,353
—
—
— / —
buy back CC $510.00, upside open (Δ ≈ +1099 $/pt)
REASONCC $50.00 is 11.5% OTM. Safe. Earning $0.51/sh time value. Normal operations. Hold-to-expiry: stock flat $-13,843 · at cap $-7,522. Next round in 4d: sell ~$45.50 (~0.20/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$45.00
Jan 21 '28
557d
$19.43
0.72
-0.016
$0.00
$19.43
100% extr delta 0.72
SP
$60.00
Jan 21 '28
557d
$27.10
0.40
-0.013
$15.75
$11.35
ITM 26.2% ITM
HP
$20.00
Sep 18 '26
67d
$0.17
0.02
-0.006
$0.00
$0.17
DEAD floor 45%
CC
$50.00
Jul 17 '26
4d
$0.51
0.19
-0.109
$0.00
$0.51
OTM 11.5% OTM · 1.45σ (93%) · close $510.00
✓ SKIP
SOFI · 35c · U18827291
MARKET
STOCK$18.52entry ~$15.76 · +17.5%
CURRENT CC$23.00Jul 31 '26 · 18d
CC STATUSOTM -19.5%1.46σ · 93% surv · T:15%
STRUCTURE
BE SAFE STRIKE$15.76+14.9% vs spot
CC-SAFE STRIKE$16.07-13.2% vs spot
NET DEBIT$5.76
CAP LOCKED$20,151
LC DTE704d
P&L
FORTRESS P/L (EX-CC)$10,113
CC BUYBACK-$700.00
CLOSE P/L$9,413
SCENARIOS
STOCK FLAT$10,113
STOCK @ $23.00$26,946
Δ ABOVE CAP / PT$257/pt+0.07δ/sh
CC INC/MO$1,167
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$9,413
+$9,413
+$9,413
— / —
lock it in today, capital freed
✓ HOLD CC
+$10,113
+$26,946
+$11,335
93% / 15%
ride to Jul 31 '26 (18d)
UNCAP
+$9,413
—
—
— / —
buy back CC $700.00, upside open (Δ ≈ +3757 $/pt)
REASONCC $23.00 is 19.5% OTM. Safe. Earning $0.20/sh time value. Normal operations. Hold-to-expiry: stock flat $10,113 · at cap $26,946.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$10.00
Jun 16 '28
704d
$11.27
0.90
-0.003
$8.52
$2.75
24% extr delta 0.90
SP
$13.00
Jun 16 '28
704d
$2.91
0.18
-0.003
$0.00
$2.91
DEAD 42.5% OTM
HP
$5.00
Sep 18 '26
67d
$0.02
0.00
-0.000
$0.00
$0.02
DEAD floor 27% ⚠ SYNTH
CC
$23.00
Jul 31 '26
18d
$0.20
0.14
-0.017
$0.00
$0.20
OTM 19.5% OTM · 1.46σ (93%) · close $700.00
✓ SKIP
NEM · 5c · U10001299
MARKET
STOCK$93.39entry ~$115.17 · -18.9%
CURRENT CC$100Jul 17 '26 · 4d
CC STATUSOTM -6.6%1.58σ · 94% surv · T:12%
STRUCTURE
BE SAFE STRIKE$115.17-23.3% vs spot
CC-SAFE STRIKE$117.07+25.4% vs spot
NET DEBIT$27.67
CAP LOCKED$13,833
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-12,266
CC BUYBACK-$337.50
CLOSE P/L$-12,604
SCENARIOS
STOCK FLAT$-12,266
STOCK @ $100$-8,827
Δ ABOVE CAP / PT$20/pt+0.04δ/sh
CC INC/MO$2,531
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$12,604
−$12,604
−$12,604
— / —
lock it in today, capital freed
✓ HOLD CC
−$12,266
−$8,827
−$12,069
94% / 12%
ride to Jul 17 '26 (4d)
UNCAP
−$12,604
—
—
— / —
buy back CC $337.50, upside open (Δ ≈ +520 $/pt)
REASONCC $100.00 is 6.6% OTM. Safe. Earning $0.68/sh time value. Normal operations. Hold-to-expiry: stock flat $-12,266 · at cap $-8,827. Next round in 4d: sell ~$96.00 (~0.42/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$87.50
Jan 21 '28
557d
$25.65
0.70
-0.021
$5.89
$19.76
77% extr delta 0.70
SP
$105.00
Jan 21 '28
557d
$24.17
0.44
-0.012
$11.61
$12.56
ITM 11.1% ITM
HP
$75.00
Sep 18 '26
67d
$0.99
0.10
-0.025
$0.00
$0.99
ACTIVE floor 80%
CC
$100.00
Jul 17 '26
4d
$0.68
0.22
-0.115
$0.00
$0.68
OTM 6.6% OTM · 1.58σ (94%) · close $337.50
✓ SKIP
MDB · 1c · U13190865
MARKET
STOCK$340.00entry ~$362.94 · -6.3%
CURRENT CC$410Jul 24 '26 · 11d
CC STATUSOTM -17.1%1.64σ · 95% surv · T:10%
STRUCTURE
BE SAFE STRIKE$362.94-6.7% vs spot
CC-SAFE STRIKE$377.09+10.9% vs spot
NET DEBIT$92.94
CAP LOCKED$9,294
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-3,172
CC BUYBACK-$205.50
CLOSE P/L$-3,377
SCENARIOS
STOCK FLAT$-3,172
STOCK @ $410$4,466
Δ ABOVE CAP / PT$9/pt+0.09δ/sh
CC INC/MO$560.45
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$3,377
−$3,377
−$3,377
— / —
lock it in today, capital freed
✓ HOLD CC
−$3,172
+$4,466
−$2,789
95% / 10%
ride to Jul 24 '26 (11d)
UNCAP
−$3,377
—
—
— / —
buy back CC $205.50, upside open (Δ ≈ +109 $/pt)
REASONCC $410.00 is 17.1% OTM. Safe. Earning $2.06/sh time value. Normal operations. Hold-to-expiry: stock flat $-3,172 · at cap $4,466.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$270.00
Jan 21 '28
557d
$149.00
0.78
-0.090
$70.00
$79.00
53% extr delta 0.78
SP
$340.00
Jan 21 '28
557d
$100.18
0.32
-0.074
$0.00
$100.18
ALIVE 0.0% OTM
HP
$150.00
Sep 18 '26
67d
$4.56
0.01
-0.027
$0.00
$4.56
DEAD floor 44% ⚠ SYNTH
CC
$410.00
Jul 24 '26
11d
$2.06
0.10
-0.296
$0.00
$2.06
OTM 17.1% OTM · 1.64σ (95%) · close $205.50
✓ SKIP
DELL · 3c · U18827291
⚠ BSM FALLBACK: LC
IBKR did not return modelGreeks for this leg after retries. Delta + IV computed locally via Black-Scholes using a sibling leg's IV. PnL math (synth Δ, ride_cap_pl, f_gain) is approximate — reliable to within a few percent for most positions but less accurate than IBKR-supplied values.
MARKET
STOCK$422.60entry ~$398.01 · +6.2%
CURRENT CC$480Jul 17 '26 · 4d
CC STATUSOTM -12.0%1.65σ · 95% surv · T:10%
STRUCTURE
BE SAFE STRIKE$398.01+5.8% vs spot
CC-SAFE STRIKE$396.23-6.2% vs spot
NET DEBIT$58.01
CAP LOCKED$17,404
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$11,186
CC BUYBACK-$1,395
CLOSE P/L$9,791
SCENARIOS
STOCK FLAT$11,186
STOCK @ $480$28,661
Δ ABOVE CAP / PT$4/pt+0.01δ/sh
CC INC/MO$10,462
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$9,791
+$9,791
+$9,791
— / —
lock it in today, capital freed
✓ HOLD CC
+$11,186
+$28,661
+$12,052
95% / 10%
ride to Jul 17 '26 (4d)
UNCAP
+$9,791
—
—
— / —
buy back CC $1,395, upside open (Δ ≈ +304 $/pt)
REASONCC $480.00 is 12.0% OTM. Safe. Earning $4.65/sh time value. Normal operations. Hold-to-expiry: stock flat $11,186 · at cap $28,661. Next round in 4d: sell ~$435.00 (~1.90/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$340.00
Jan 21 '28
557d
$204.25
0.76 Ⓑ
+0.000
$82.60
$121.65
60% extr delta 0.76
SP
$390.00
Jan 21 '28
557d
$119.55
0.26
-0.098
$0.00
$119.55
ALIVE 8.4% OTM
HP
$150.00
Oct 16 '26
95d
$0.78
0.01
-0.020
$0.00
$0.78
DEAD floor 35%
CC
$480.00
Jul 17 '26
4d
$4.65
0.19
-0.917
$0.00
$4.65
OTM 12.0% OTM · 1.65σ (95%) · close $1,395
✓ SKIP
COPX · 20c · U6241782
MARKET
STOCK$75.10entry ~$93.42 · -19.6%
CURRENT CC$81.50Jul 17 '26 · 4d
CC STATUSOTM -7.9%1.69σ · 95% surv · T:9%
STRUCTURE
BE SAFE STRIKE$93.42-24.4% vs spot
CC-SAFE STRIKE$92.88+23.7% vs spot
NET DEBIT$28.42
CAP LOCKED$56,844
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-32,834
CC BUYBACK-$650.00
CLOSE P/L$-33,484
SCENARIOS
STOCK FLAT$-32,834
STOCK @ $81.50$-21,030
Δ ABOVE CAP / PT$0/ptsynth Δ 0.92
CC INC/MO$4,875
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$33,484
−$33,484
−$33,484
— / —
lock it in today, capital freed
✓ HOLD CC
−$32,834
−$21,030
−$32,301
95% / 9%
ride to Jul 17 '26 (4d)
UNCAP
−$33,484
—
—
— / —
buy back CC $650.00, upside open (Δ ≈ +1844 $/pt)
REASONCC $81.50 is 7.9% OTM. Safe. Earning $0.33/sh time value. Normal operations. Hold-to-expiry: stock flat $-32,834 · at cap $-21,030. Next round in 4d: sell ~$77.00 (~0.34/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$65.00
Jan 21 '28
557d
$24.50
0.75
-0.016
$10.10
$14.40
59% extr delta 0.75
SP
$90.00
Jan 21 '28
557d
$24.45
0.46
-0.012
$14.90
$9.55
ITM 16.6% ITM
HP
$68.00
Jan 21 '28
557d
$11.55
0.29
-0.011
$0.00
$11.55
ACTIVE floor 91%
CC
$81.50
Jul 17 '26
4d
$0.33
0.17
-0.090
$0.00
$0.33
OTM 7.9% OTM · 1.69σ (95%) · close $650.00
✓ SKIP
CRWV · 5c · U13190865
MARKET
STOCK$85.59entry ~$125.44 · -31.8%
CURRENT CC$100Jul 17 '26 · 4d
CC STATUSOTM -14.4%1.86σ · 97% surv · T:6%
STRUCTURE
BE SAFE STRIKE$125.44-46.6% vs spot
CC-SAFE STRIKE$125.24+46.3% vs spot
NET DEBIT$20.44
CAP LOCKED$10,218
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-19,936
CC BUYBACK-$422.50
CLOSE P/L$-20,358
SCENARIOS
STOCK FLAT$-19,936
STOCK @ $100$-12,414
Δ ABOVE CAP / PT$22/pt+0.04δ/sh
CC INC/MO$3,169
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$20,358
−$20,358
−$20,358
— / —
lock it in today, capital freed
✓ HOLD CC
−$19,936
−$12,414
−$19,697
97% / 6%
ride to Jul 17 '26 (4d)
UNCAP
−$20,358
—
—
— / —
buy back CC $422.50, upside open (Δ ≈ +522 $/pt)
REASONCC $100.00 is 14.4% OTM. Safe. Earning $0.84/sh time value. Normal operations. Hold-to-expiry: stock flat $-19,936 · at cap $-12,414. Next round in 4d: sell ~$88.00 (~0.39/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$105.00
Jan 21 '28
557d
$33.88
0.67
-0.034
$0.00
$33.88
100% extr delta 0.67
SP
$120.00
Jan 21 '28
557d
$54.83
0.40
-0.025
$34.41
$20.42
ITM 28.7% ITM
HP
$40.00
Sep 18 '26
67d
$0.49
0.03
-0.018
$0.00
$0.49
DEAD floor 47%
CC
$100.00
Jul 17 '26
4d
$0.84
0.16
-0.175
$0.00
$0.84
OTM 14.4% OTM · 1.86σ (97%) · close $422.50
✓ SKIP
HIMS · 15c · U10001299
MARKET
STOCK$33.93entry ~$14.94 · +127.1%
CURRENT CC$48.00Jul 24 '26 · 11d
CC STATUSOTM -29.3%1.88σ · 97% surv · T:6%
STRUCTURE
BE SAFE STRIKE$17.47+48.5% vs spot
CC-SAFE STRIKE$18.94-44.2% vs spot
NET DEBIT$4.94
CAP LOCKED$7,414
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$26,017
CC BUYBACK-$397.50
CLOSE P/L$25,619
SCENARIOS
STOCK FLAT$26,017
STOCK @ $48.00$48,872
Δ ABOVE CAP / PT$124/pt+0.08δ/sh
CC INC/MO$1,084
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$25,619
+$25,619
+$25,619
— / —
lock it in today, capital freed
✓ HOLD CC
+$26,017
+$48,872
+$26,699
97% / 6%
ride to Jul 24 '26 (11d)
UNCAP
+$25,619
—
—
— / —
buy back CC $397.50, upside open (Δ ≈ +1624 $/pt)
REASONCC $48.00 is 29.3% OTM. Safe. Earning $0.27/sh time value. Normal operations. Hold-to-expiry: stock flat $26,017 · at cap $48,872.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$10.00
Jan 21 '28
557d
$26.25
0.96
-0.004
$23.93
$2.32
9% extr delta 0.96
SP
$20.00
Jan 21 '28
557d
$5.05
0.14
-0.007
$0.00
$5.05
DEAD 69.7% OTM
HP
$5.00
Jan 21 '28
557d
$0.30
0.01
-0.001
$0.00
$0.30
DEAD floor 15%
CC
$48.00
Jul 24 '26
11d
$0.27
0.08
-0.042
$0.00
$0.27
OTM 29.3% OTM · 1.88σ (97%) · close $397.50
✓ SKIP
GLXY · 125c · U10001299
CC_PARTIAL
MARKET
STOCK$24.32entry ~$26.80 · -9.2%
CURRENT CC$30.00Jul 17 '26 · 4d
CC STATUSOTM -18.9%1.98σ · 98% surv · T:5%
STRUCTURE
BE SAFE STRIKE$32.15-32.2% vs spot
CC-SAFE STRIKE$15.27-37.2% vs spot
NET DEBIT$-10.70
CAP LOCKED$-133,810
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$88,993
CC BUYBACK-$1,500
CLOSE P/L$87,493
SCENARIOS
STOCK FLAT$88,993
STOCK @ $30.00$137,008
Δ ABOVE CAP / PT$0/ptsynth Δ 0.85
CC INC/MO$11,250
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$87,493
+$87,493
+$87,493
— / —
lock it in today, capital freed
✓ HOLD CC
+$88,993
+$137,008
+$90,132
98% / 5%
ride to Jul 17 '26 (4d)
UNCAP
+$87,493
—
—
— / —
buy back CC $1,500, upside open (Δ ≈ +10567 $/pt)
REASONCC $30.00 is 18.9% OTM. Safe. Earning $0.15/sh time value. Normal operations. Hold-to-expiry: stock flat $88,993 · at cap $137,008. Next round in 4d: sell ~$25.00 (~0.11/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$37.50
Jan 21 '28
557d
$8.93
0.60
-0.011
$0.00
$8.93
100% extr delta 0.60
SP
$37.50
Jan 21 '28
557d
$18.68
0.42
-0.008
$13.18
$5.50
ITM 35.1% ITM
HP
$17.50
Jan 21 '28
557d
$6.00
0.18
-0.006
$0.00
$6.00
ACTIVE floor 72%
CC
$30.00
Jul 17 '26
4d
$0.15
0.11
-0.050
$0.00
$0.15
OTM 18.9% OTM · 1.98σ (98%) · close $1,500
✓ SKIP
RIOT · 50c · U6241782
MARKET
STOCK$20.49entry ~$0.12 · +16940.6%
CURRENT CC$24.50Jul 17 '26 · 4d
CC STATUSOTM -16.4%2.02σ · 98% surv · T:4%
STRUCTURE
BE SAFE STRIKE$20.06+2.1% vs spot
CC-SAFE STRIKE$14.02-31.6% vs spot
NET DEBIT$-16.88
CAP LOCKED$-84,399
LC DTE186d
P&L
FORTRESS P/L (EX-CC)$37,039
CC BUYBACK-$600.00
CLOSE P/L$36,439
SCENARIOS
STOCK FLAT$37,039
STOCK @ $24.50$62,129
Δ ABOVE CAP / PT$1,257/pt+0.25δ/sh
CC INC/MO$4,500
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$36,439
+$36,439
+$36,439
— / —
lock it in today, capital freed
✓ HOLD CC
+$37,039
+$62,129
+$37,588
98% / 4%
ride to Jul 17 '26 (4d)
UNCAP
+$36,439
—
—
— / —
buy back CC $600.00, upside open (Δ ≈ +6257 $/pt)
REASONCC $24.50 is 16.4% OTM. Safe. Earning $0.12/sh time value. Normal operations. Hold-to-expiry: stock flat $37,039 · at cap $62,129. Next round in 4d: sell ~$21.00 (~0.09/sh). ⚠ LC has 186d left. Plan rebuild within 3 months.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$17.00
Jan 15 '27
186d
$7.45
0.75
-0.013
$3.49
$3.96
53% extr delta 0.75
SP
$40.00
Jan 15 '27
186d
$20.15
0.75
-0.009
$19.51
$0.64
ITM 48.8% ITM
HP
$17.00
Jan 15 '27
186d
$3.08
0.25
-0.011
$0.00
$3.08
ACTIVE floor 83%
CC
$24.50
Jul 17 '26
4d
$0.12
0.11
-0.034
$0.00
$0.12
OTM 16.4% OTM · 2.02σ (98%) · close $600.00
✓ SKIP
IREN · 20c · U10001299
MARKET
STOCK$39.94entry ~$41.04 · -2.7%
CURRENT CC$50.00Jul 17 '26 · 4d
CC STATUSOTM -20.1%2.04σ · 98% surv · T:4%
STRUCTURE
BE SAFE STRIKE$44.02-10.2% vs spot
CC-SAFE STRIKE$47.32+18.5% vs spot
NET DEBIT$16.04
CAP LOCKED$32,076
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-11,840
CC BUYBACK-$600.00
CLOSE P/L$-12,440
SCENARIOS
STOCK FLAT$-11,840
STOCK @ $50.00$5,629
Δ ABOVE CAP / PT$0/ptsynth Δ 0.87
CC INC/MO$4,500
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$12,440
−$12,440
−$12,440
— / —
lock it in today, capital freed
✓ HOLD CC
−$11,840
+$5,629
−$11,482
98% / 4%
ride to Jul 17 '26 (4d)
UNCAP
−$12,440
—
—
— / —
buy back CC $600.00, upside open (Δ ≈ +1736 $/pt)
REASONCC $50.00 is 20.1% OTM. Safe. Earning $0.30/sh time value. Normal operations. Hold-to-expiry: stock flat $-11,840 · at cap $5,629. Next round in 4d: sell ~$41.00 (~0.18/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$25.00
Jan 21 '28
557d
$26.02
0.86
-0.012
$14.94
$11.09
43% extr delta 0.86
SP
$47.00
Jan 21 '28
557d
$22.52
0.29
-0.013
$7.06
$15.46
ITM 15.0% ITM
HP
$35.00
Oct 16 '26
95d
$6.17
0.28
-0.041
$0.00
$6.17
ACTIVE floor 88%
CC
$50.00
Jul 17 '26
4d
$0.30
0.11
-0.084
$0.00
$0.30
OTM 20.1% OTM · 2.04σ (98%) · close $600.00
✓ SKIP
IREN · 20c · U6241782
MARKET
STOCK$39.94entry ~$40.53 · -1.5%
CURRENT CC$50.00Jul 17 '26 · 4d
CC STATUSOTM -20.1%2.04σ · 98% surv · T:4%
STRUCTURE
BE SAFE STRIKE$43.76-9.6% vs spot
CC-SAFE STRIKE$46.77+17.1% vs spot
NET DEBIT$15.53
CAP LOCKED$31,060
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-10,824
CC BUYBACK-$600.00
CLOSE P/L$-11,424
SCENARIOS
STOCK FLAT$-10,824
STOCK @ $50.00$6,645
Δ ABOVE CAP / PT$0/ptsynth Δ 0.87
CC INC/MO$4,500
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$11,424
−$11,424
−$11,424
— / —
lock it in today, capital freed
✓ HOLD CC
−$10,824
+$6,645
−$10,466
98% / 4%
ride to Jul 17 '26 (4d)
UNCAP
−$11,424
—
—
— / —
buy back CC $600.00, upside open (Δ ≈ +1736 $/pt)
REASONCC $50.00 is 20.1% OTM. Safe. Earning $0.30/sh time value. Normal operations. Hold-to-expiry: stock flat $-10,824 · at cap $6,645. Next round in 4d: sell ~$41.00 (~0.18/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$25.00
Jan 21 '28
557d
$26.02
0.86
-0.012
$14.94
$11.09
43% extr delta 0.86
SP
$47.00
Jan 21 '28
557d
$22.52
0.29
-0.013
$7.06
$15.46
ITM 15.0% ITM
HP
$35.00
Oct 16 '26
95d
$6.17
0.28
-0.041
$0.00
$6.17
ACTIVE floor 88%
CC
$50.00
Jul 17 '26
4d
$0.30
0.11
-0.084
$0.00
$0.30
OTM 20.1% OTM · 2.04σ (98%) · close $600.00
✓ SKIP
GLD · 10c · U10001299
CC_PARTIAL
MARKET
STOCK$372.39entry ~$454.62 · -18.1%
CURRENT CC$390Jul 17 '26 · 4d
CC STATUSOTM -4.5%2.30σ · 99% surv · T:2%
STRUCTURE
BE SAFE STRIKE$454.62-22.1% vs spot
CC-SAFE STRIKE$464.67+24.8% vs spot
NET DEBIT$134.62
CAP LOCKED$134,623
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-119,971
CC BUYBACK-$292.50
CLOSE P/L$-120,264
SCENARIOS
STOCK FLAT$-119,971
STOCK @ $390$-107,573
Δ ABOVE CAP / PT$408/pt+0.41δ/sh
CC INC/MO$2,194
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$120,264
−$120,264
−$120,264
— / —
lock it in today, capital freed
✓ HOLD CC
−$119,971
−$107,573
−$119,837
99% / 2%
ride to Jul 17 '26 (4d)
UNCAP
−$120,264
—
—
— / —
buy back CC $292.50, upside open (Δ ≈ +1408 $/pt)
REASONCC $390.00 is 4.5% OTM. Safe. Earning $0.58/sh time value. Normal operations. Hold-to-expiry: stock flat $-119,971 · at cap $-107,573. Next round in 4d: sell ~$385.00 (~1.68/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$320.00
Jan 21 '28
557d
$90.00
0.82
-0.052
$52.39
$37.61
42% extr delta 0.82
SP
$450.00
Jan 21 '28
557d
$79.33
0.72
-0.015
$77.61
$1.71
ITM 17.2% ITM
HP
$330.00
Oct 16 '26
95d
$3.30
0.13
-0.045
$0.00
$3.30
ACTIVE floor 89%
CC
$390.00
Jul 17 '26
4d
$0.58
0.11
-0.139
$0.00
$0.58
OTM 4.5% OTM · 2.30σ (99%) · close $292.50
✓ SKIP
APP · 1c · U18827291
MARKET
STOCK$507.40entry ~$588.00 · -13.7%
CURRENT CC$600Jul 17 '26 · 4d
CC STATUSOTM -15.4%2.36σ · 99% surv · T:2%
STRUCTURE
BE SAFE STRIKE$588.00-15.9% vs spot
CC-SAFE STRIKE$605.05+19.2% vs spot
NET DEBIT$128.00
CAP LOCKED$12,800
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-9,859
CC BUYBACK-$87.50
CLOSE P/L$-9,947
SCENARIOS
STOCK FLAT$-9,859
STOCK @ $600$80.73
Δ ABOVE CAP / PT$7/pt+0.07δ/sh
CC INC/MO$656.25
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$9,947
−$9,947
−$9,947
— / —
lock it in today, capital freed
✓ HOLD CC
−$9,859
+$80.73
−$9,769
99% / 2%
ride to Jul 17 '26 (4d)
UNCAP
−$9,947
—
—
— / —
buy back CC $87.50, upside open (Δ ≈ +107 $/pt)
REASONCC $600.00 is 15.4% OTM. Safe. Earning $0.88/sh time value. Normal operations. Hold-to-expiry: stock flat $-9,859 · at cap $80.73. Next round in 4d: sell ~$525.00 (~2.28/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$460.00
Jan 21 '28
557d
$206.35
0.74
-0.155
$47.40
$158.95
77% extr delta 0.74
SP
$540.00
Jan 21 '28
557d
$182.05
0.34
-0.119
$32.60
$149.45
ITM 6.0% ITM
HP
$185.00
Sep 18 '26
67d
$0.76
0.00
-0.014
$0.00
$0.76
DEAD floor 36% ⚠ SYNTH
CC
$600.00
Jul 17 '26
4d
$0.88
0.04
-0.274
$0.00
$0.88
OTM 15.4% OTM · 2.36σ (99%) · close $87.50
✓ SKIP
SPCX · 5c · U13190865
MARKET
STOCK$142.95entry ~$177.04 · -19.3%
CURRENT CC$175Jul 17 '26 · 4d
CC STATUSOTM -18.3%2.38σ · 99% surv · T:2%
STRUCTURE
BE SAFE STRIKE$186.02-30.1% vs spot
CC-SAFE STRIKE$179.74+25.7% vs spot
NET DEBIT$27.04
CAP LOCKED$13,522
LC DTE249d
P&L
FORTRESS P/L (EX-CC)$-16,000
CC BUYBACK-$187.50
CLOSE P/L$-16,188
SCENARIOS
STOCK FLAT$-16,000
STOCK @ $175$-2,123
Δ ABOVE CAP / PT$0/ptsynth Δ 0.87
CC INC/MO$1,406
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$16,188
−$16,188
−$16,188
— / —
lock it in today, capital freed
✓ HOLD CC
−$16,000
−$2,123
−$15,880
99% / 2%
ride to Jul 17 '26 (4d)
UNCAP
−$16,188
—
—
— / —
buy back CC $187.50, upside open (Δ ≈ +433 $/pt)
REASONCC $175.00 is 18.3% OTM. Safe. Earning $0.38/sh time value. Normal operations. Hold-to-expiry: stock flat $-16,000 · at cap $-2,123. Next round in 4d: sell ~$147.00 (~0.64/sh). ⚠ LC has 249d left. Plan rebuild within 3 months.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$150.00
Mar 19 '27
249d
$33.80
0.62
-0.073
$0.00
$33.80
100% extr delta 0.62
SP
$195.00
Mar 19 '27
249d
$66.80
0.57
-0.057
$52.05
$14.75
ITM 26.7% ITM
HP
$135.00
Mar 19 '27
249d
$26.95
0.32
-0.056
$0.00
$26.95
ACTIVE floor 94%
CC
$175.00
Jul 17 '26
4d
$0.38
0.06
-0.129
$0.00
$0.38
OTM 18.3% OTM · 2.38σ (99%) · close $187.50
✓ SKIP
MU · 2c · U13190865
MARKET
STOCK$917.85entry ~$1220.02 · -24.8%
CURRENT CC$1,155Jul 17 '26 · 4d
CC STATUSOTM -20.5%2.41σ · 99% surv · T:2%
STRUCTURE
BE SAFE STRIKE$1220.02-32.9% vs spot
CC-SAFE STRIKE$1181.50+28.7% vs spot
NET DEBIT$250.02
CAP LOCKED$50,004
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-52,393
CC BUYBACK-$1,290
CLOSE P/L$-53,683
SCENARIOS
STOCK FLAT$-52,393
STOCK @ $1,155$-3,254
Δ ABOVE CAP / PT$7/pt+0.04δ/sh
CC INC/MO$9,675
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$53,683
−$53,683
−$53,683
— / —
lock it in today, capital freed
✓ HOLD CC
−$52,393
−$3,254
−$52,004
99% / 2%
ride to Jul 17 '26 (4d)
UNCAP
−$53,683
—
—
— / —
buy back CC $1,290, upside open (Δ ≈ +207 $/pt)
REASONCC $1155.00 is 20.5% OTM. Safe. Earning $6.45/sh time value. Normal operations. Hold-to-expiry: stock flat $-52,393 · at cap $-3,254. Next round in 4d: sell ~$945.00 (~4.13/sh).
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$970.00
Jan 21 '28
557d
$427.65
0.73
-0.347
$0.00
$427.65
100% extr delta 0.73
SP
$1110.00
Jan 21 '28
557d
$452.83
0.33
-0.271
$192.15
$260.68
ITM 17.3% ITM
HP
$370.00
Oct 16 '26
95d
$5.38
0.02
-0.152
$0.00
$5.38
DEAD floor 40%
CC
$1155.00
Jul 17 '26
4d
$6.45
0.11
-1.763
$0.00
$6.45
OTM 20.5% OTM · 2.41σ (99%) · close $1,290
✓ SKIP
COIN · 25c · U10001299
MARKET
STOCK$156.32entry ~$563.00 · -72.2%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$563.00-260.2% vs spot
CC-SAFE STRIKE$325.66+108.3% vs spot
NET DEBIT$63.00
CAP LOCKED$157,496
LC DTE522d
P&L
FORTRESS P/L (EX-CC)$-179,621
CLOSE P/L$-179,621
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$179,621
−$179,621
−$179,621
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$179,621
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.25, theta=$-0.049/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$500.00
Dec 17 '27
522d
$15.00
0.25
-0.049
$0.00
$15.00
100% extr delta 0.25
SP
$330.00
Dec 17 '27
522d
$182.60
0.67
-0.032
$173.68
$8.92
ITM 52.6% ITM
HP
$300.00
Dec 17 '27
522d
$158.75
0.62
-0.036
$143.68
$15.07
ACTIVE floor 192%
CC
— not present —
✓ SKIP
COIN · 8c · U10001299
MARKET
STOCK$156.32entry ~$182.99 · -14.6%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$211.50-35.3% vs spot
CC-SAFE STRIKE$216.07+38.2% vs spot
NET DEBIT$17.99
CAP LOCKED$14,393
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-53,285
CLOSE P/L$-53,285
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$53,285
−$53,285
−$53,285
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$53,285
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.69, theta=$-0.053/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$165.00
Jan 21 '28
557d
$60.60
0.69
-0.053
$0.00
$60.60
100% extr delta 0.69
SP
$240.00
Jan 21 '28
557d
$110.85
0.49
-0.039
$83.68
$27.17
ITM 34.9% ITM
HP
$85.00
Oct 16 '26
95d
$1.64
0.05
-0.031
$0.00
$1.64
ACTIVE floor 54%
CC
— not present —
✓ SKIP
ETHA · 50c · U10001299
MARKET
STOCK$13.41entry ~$17.91 · -25.1%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$17.91-33.5% vs spot
CC-SAFE STRIKE$18.47+37.7% vs spot
NET DEBIT$4.91
CAP LOCKED$24,537
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-25,787
CLOSE P/L$-25,787
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$25,787
−$25,787
−$25,787
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$25,787
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.71, theta=$-0.004/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$13.00
Jan 21 '28
557d
$4.90
0.71
-0.004
$0.41
$4.49
92% extr delta 0.71
SP
$16.00
Jan 21 '28
557d
$5.53
0.41
-0.003
$2.59
$2.94
ITM 16.2% ITM
HP
$10.00
Oct 16 '26
95d
$0.38
0.13
-0.005
$0.00
$0.38
ACTIVE floor 75%
CC
— not present —
✓ SKIP
MU · 5c · U10001299
MARKET
STOCK$917.85entry ~$1028.63 · -10.8%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$1028.63-12.1% vs spot
CC-SAFE STRIKE$991.68+8.0% vs spot
NET DEBIT$148.63
CAP LOCKED$74,316
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-37,016
CLOSE P/L$-37,016
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$37,016
−$37,016
−$37,016
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$37,016
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.76, theta=$-0.331/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$880.00
Jan 21 '28
557d
$456.33
0.76
-0.331
$37.85
$418.48
92% extr delta 0.76
SP
$1010.00
Jan 21 '28
557d
$384.08
0.30
-0.261
$92.15
$291.93
ITM 9.1% ITM
HP
$320.00
Sep 18 '26
67d
$2.35
0.01
-0.088
$0.00
$2.35
DEAD floor 35%
CC
— not present —
✓ SKIP
MARA · 200c · U10001299
⚠️EARNINGS IN YOUR SELL WINDOW2026-07-29 (Wed)in 16 days
Any fresh CC you sell that expires on or after 2026-07-29 carries the earnings gap. Prefer an expiry before the print, or size down.
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: $26.40.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$4,952
+$4,952
+$4,952
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
+$4,952
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.57, theta=$-0.005/d. Cheapest directional exposure you own. Weekly gate: NEUTRAL. Reference Upper BB (CC ceiling) at $15.92. See BB ZONE in roll table below.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$20.00
Jan 21 '28
557d
$3.98
0.57
-0.005
$0.00
$3.98
100% extr delta 0.57
SP
$25.00
Jan 21 '28
557d
$14.70
0.55
-0.004
$12.64
$2.06
ITM 50.6% ITM
HP
$15.00
Jan 21 '28
557d
$6.60
0.34
-0.004
$2.64
$3.96
ACTIVE floor 121%
CC
— not present —
✓ SKIP
NOW · 10c · U10001299
MARKET
STOCK$108.02entry ~$107.78 · +0.2%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$108.89-0.8% vs spot
CC-SAFE STRIKE$112.30+4.0% vs spot
NET DEBIT$27.78
CAP LOCKED$27,776
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-3,176
CLOSE P/L$-3,176
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$3,176
−$3,176
−$3,176
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$3,176
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.80, theta=$-0.025/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$80.00
Jan 21 '28
557d
$48.17
0.80
-0.025
$28.02
$20.15
42% extr delta 0.80
SP
$110.00
Jan 21 '28
557d
$29.18
0.35
-0.021
$1.98
$27.20
ITM 1.8% ITM
HP
$90.00
Oct 16 '26
95d
$5.60
0.23
-0.053
$0.00
$5.60
ACTIVE floor 83%
CC
— not present —
✓ SKIP
GOOG · 5c · U13190865
MARKET
STOCK$353.62entry ~$391.01 · -9.6%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$398.01-12.6% vs spot
CC-SAFE STRIKE$373.72+5.7% vs spot
NET DEBIT$51.01
CAP LOCKED$25,506
LC DTE339d
P&L
FORTRESS P/L (EX-CC)$-7,581
CLOSE P/L$-7,581
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$7,581
−$7,581
−$7,581
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$7,581
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.66, theta=$-0.086/d. Cheapest directional exposure you own. ⚠ LC has 339d left. Plan rebuild within 3 months.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$340.00
Jun 17 '27
339d
$63.03
0.66
-0.086
$13.62
$49.41
78% extr delta 0.66
SP
$405.00
Jun 17 '27
339d
$72.40
0.57
-0.050
$51.38
$21.02
ITM 12.7% ITM
HP
$360.00
Jun 17 '27
339d
$45.23
0.42
-0.054
$6.38
$38.85
ACTIVE floor 102%
CC
— not present —
✓ SKIP
MARA · 250c · U13190865
⚠️EARNINGS IN YOUR SELL WINDOW2026-07-29 (Wed)in 16 days
Any fresh CC you sell that expires on or after 2026-07-29 carries the earnings gap. Prefer an expiry before the print, or size down.
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: $26.40.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$14,535
−$14,535
−$14,535
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$14,535
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.38, theta=$-0.006/d. Cheapest directional exposure you own. ⚠ LC has 339d left. Plan rebuild within 3 months. Weekly gate: NEUTRAL. Reference Upper BB (CC ceiling) at $15.92. See BB ZONE in roll table below.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$25.00
Jun 17 '27
339d
$2.13
0.38
-0.006
$0.00
$2.13
100% extr delta 0.38
SP
$15.00
Jun 17 '27
339d
$5.72
0.40
-0.005
$2.64
$3.08
ITM 17.6% ITM
HP
$13.00
Jun 17 '27
339d
$4.43
0.34
-0.005
$0.64
$3.79
ACTIVE floor 105%
CC
— not present —
✓ SKIP
INTC · 5c · U13190865
MARKET
STOCK$105.64entry ~$114.01 · -7.3%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$114.01-7.9% vs spot
CC-SAFE STRIKE$113.04+7.0% vs spot
NET DEBIT$29.01
CAP LOCKED$14,505
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-3,815
CLOSE P/L$-3,815
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$3,815
−$3,815
−$3,815
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$3,815
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.79, theta=$-0.032/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$85.00
Jan 21 '28
557d
$53.90
0.79
-0.032
$20.64
$33.26
62% extr delta 0.79
SP
$100.00
Jan 21 '28
557d
$32.58
0.26
-0.027
$0.00
$32.58
ALIVE 5.6% OTM
HP
$35.00
Aug 21 '26
39d
$0.06
0.00
-0.003
$0.00
$0.06
DEAD floor 33%
CC
— not present —
✓ SKIP
GOOG · 15c · U13190865
MARKET
STOCK$353.62entry ~$373.02 · -5.2%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$373.02-5.5% vs spot
CC-SAFE STRIKE$335.08-5.2% vs spot
NET DEBIT$73.02
CAP LOCKED$109,524
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$24,464
CLOSE P/L$24,464
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$24,464
+$24,464
+$24,464
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
+$24,464
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.77, theta=$-0.065/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$300.00
Jan 21 '28
557d
$103.88
0.77
-0.065
$53.62
$50.25
48% extr delta 0.77
SP
$345.00
Jan 21 '28
557d
$48.30
0.36
-0.039
$0.00
$48.30
ALIVE 2.5% OTM
HP
$310.00
Jan 21 '28
557d
$33.75
0.27
-0.036
$0.00
$33.75
ACTIVE floor 88%
CC
— not present —
✓ SKIP
IREN · 20c · U13190865
MARKET
STOCK$39.94entry ~$48.01 · -16.8%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$56.51-41.5% vs spot
CC-SAFE STRIKE$57.86+44.9% vs spot
NET DEBIT$3.01
CAP LOCKED$6,025
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-38,285
CLOSE P/L$-38,285
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$38,285
−$38,285
−$38,285
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$38,285
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.74, theta=$-0.017/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$45.00
Jan 21 '28
557d
$19.57
0.74
-0.017
$0.00
$19.57
100% extr delta 0.74
SP
$65.00
Jan 21 '28
557d
$36.27
0.39
-0.014
$25.06
$11.21
ITM 38.6% ITM
HP
$21.00
Aug 21 '26
39d
$0.57
0.05
-0.020
$0.00
$0.57
ACTIVE floor 53%
CC
— not present —
✓ SKIP
COIN · 3c · U18827291
MARKET
STOCK$156.32entry ~$164.82 · -5.2%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$182.41-16.7% vs spot
CC-SAFE STRIKE$187.92+20.2% vs spot
NET DEBIT$19.82
CAP LOCKED$5,946
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-10,408
CLOSE P/L$-10,408
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$10,408
−$10,408
−$10,408
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$10,408
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.74, theta=$-0.050/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$145.00
Jan 21 '28
557d
$65.00
0.74
-0.050
$11.32
$53.68
83% extr delta 0.74
SP
$200.00
Jan 21 '28
557d
$80.72
0.41
-0.040
$43.68
$37.04
ITM 21.8% ITM
HP
$75.00
Sep 18 '26
67d
$0.85
0.02
-0.020
$0.00
$0.85
DEAD floor 48%
CC
— not present —
✓ SKIP
IREN · 20c · U18827291
MARKET
STOCK$39.94entry ~$56.85 · -29.7%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$63.43-58.8% vs spot
CC-SAFE STRIKE$66.31+66.0% vs spot
NET DEBIT$6.85
CAP LOCKED$13,703
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-54,843
CLOSE P/L$-54,843
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$54,843
−$54,843
−$54,843
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$54,843
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.71, theta=$-0.018/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$50.00
Jan 21 '28
557d
$18.52
0.71
-0.018
$0.00
$18.52
100% extr delta 0.71
SP
$70.00
Jan 21 '28
557d
$40.40
0.41
-0.014
$30.06
$10.34
ITM 42.9% ITM
HP
$23.00
Sep 18 '26
67d
$1.31
0.09
-0.025
$0.00
$1.31
ACTIVE floor 58%
CC
— not present —
✓ SKIP
MSTR · 4c · U18827291
✓ GREEKS RECOVERED (LC, SP, HP): IBKR initial fetch returned no modelGreeks for the above legs; retry pass resolved cleanly. Data is reliable.
MARKET
STOCK$93.00entry ~$137.02 · -32.1%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$161.01-73.1% vs spot
CC-SAFE STRIKE$165.65+78.1% vs spot
NET DEBIT$12.02
CAP LOCKED$4,809
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-32,049
CLOSE P/L$-32,049
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$32,049
−$32,049
−$32,049
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$32,049
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.64, theta=$-0.039/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$125.00
Jan 21 '28
557d
$35.83
0.64 ↻
-0.039
$0.00
$35.83
100% extr delta 0.64
SP
$185.00
Jan 21 '28
557d
$105.70
0.54 ↻
-0.027
$92.00
$13.70
ITM 49.7% ITM
HP
$55.00
Sep 18 '26
67d
$1.77
0.08 ↻
-0.048
$0.00
$1.77
ACTIVE floor 59%
CC
— not present —
✓ SKIP
QCOM · 5c · U18827291
MARKET
STOCK$182.69entry ~$223.96 · -18.4%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$223.96-22.6% vs spot
CC-SAFE STRIKE$220.71+20.8% vs spot
NET DEBIT$33.96
CAP LOCKED$16,981
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-19,585
CLOSE P/L$-19,585
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$19,585
−$19,585
−$19,585
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$19,585
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.67, theta=$-0.055/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$190.00
Jan 21 '28
557d
$59.88
0.67
-0.055
$0.00
$59.88
100% extr delta 0.67
SP
$210.00
Jan 21 '28
557d
$66.92
0.39
-0.035
$27.31
$39.61
ITM 13.0% ITM
HP
$90.00
Sep 18 '26
67d
$1.84
0.01
-0.013
$0.00
$1.84
DEAD floor 49% ⚠ SYNTH
CC
— not present —
✓ SKIP
BMNR · 50c · U18827291
MARKET
STOCK$14.88entry ~$16.22 · -8.3%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$17.11-15.0% vs spot
CC-SAFE STRIKE$19.32+29.8% vs spot
NET DEBIT$6.22
CAP LOCKED$31,090
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-25,015
CLOSE P/L$-25,015
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$25,015
−$25,015
−$25,015
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$25,015
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.84, theta=$-0.004/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$10.00
Jan 21 '28
557d
$8.22
0.84
-0.004
$4.88
$3.34
41% extr delta 0.84
SP
$18.00
Jan 21 '28
557d
$7.15
0.36
-0.005
$3.12
$4.03
ITM 17.3% ITM
HP
$10.00
Aug 21 '26
39d
$0.14
0.07
-0.007
$0.00
$0.14
ACTIVE floor 67%
CC
— not present —
✓ SKIP
CLSK · 25c · U18827291
MARKET
STOCK$12.40entry ~$20.75 · -40.2%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$20.75-67.3% vs spot
CC-SAFE STRIKE$16.73+34.9% vs spot
NET DEBIT$3.75
CAP LOCKED$9,364
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-8,801
CLOSE P/L$-8,801
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$8,801
−$8,801
−$8,801
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$8,801
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.65, theta=$-0.005/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$17.00
Jan 21 '28
557d
$4.97
0.65
-0.005
$0.00
$4.97
100% extr delta 0.65
SP
$17.00
Jan 21 '28
557d
$8.22
0.37
-0.004
$4.60
$3.62
ITM 27.1% ITM
HP
$10.00
Jan 21 '28
557d
$3.47
0.20
-0.003
$0.00
$3.47
ACTIVE floor 81%
CC
— not present —
✓ SKIP
RKLB · 6c · U18827291
MARKET
STOCK$78.51entry ~$141.56 · -44.5%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$141.56-80.3% vs spot
CC-SAFE STRIKE$145.48+85.3% vs spot
NET DEBIT$26.56
CAP LOCKED$15,937
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-41,566
CLOSE P/L$-41,566
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$41,566
−$41,566
−$41,566
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$41,566
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.62, theta=$-0.034/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$115.00
Jan 21 '28
557d
$27.93
0.62
-0.034
$0.00
$27.93
100% extr delta 0.62
SP
$135.00
Jan 21 '28
557d
$71.58
0.47
-0.024
$56.49
$15.09
ITM 41.8% ITM
HP
$45.00
Sep 18 '26
67d
$0.94
0.05
-0.030
$0.00
$0.94
ACTIVE floor 57%
CC
— not present —
✓ SKIP
BTBT · 100c · U6241782
MARKET
STOCK$1.69entry ~$7.00 · -75.9%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$7.00-314.3% vs spot
CC-SAFE STRIKE$4.29+153.8% vs spot
NET DEBIT$0.00
CAP LOCKED$9.05
LC DTE186d
P&L
FORTRESS P/L (EX-CC)$-15,109
CLOSE P/L$-15,109
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$15,109
−$15,109
−$15,109
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$15,109
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.16, theta=$-0.001/d. Cheapest directional exposure you own. ⚠ LC has 186d left. Plan rebuild within 3 months.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$7.00
Jan 15 '27
186d
$0.14
0.16
-0.001
$0.00
$0.14
100% extr delta 0.16
SP
$4.00
Jan 15 '27
186d
$2.44
0.71
-0.001
$2.31
$0.13
ITM 57.8% ITM
HP
$2.00
Jan 15 '27
186d
$0.79
0.41
-0.001
$0.31
$0.48
ACTIVE floor 118%
CC
— not present —
✓ SKIP
AMZN · 10c · U6241782
MARKET
STOCK$244.49entry ~$252.46 · -3.2%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$256.23-4.8% vs spot
CC-SAFE STRIKE$237.87-2.7% vs spot
NET DEBIT$37.46
CAP LOCKED$37,461
LC DTE368d
P&L
FORTRESS P/L (EX-CC)$6,439
CLOSE P/L$6,439
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
+$6,439
+$6,439
+$6,439
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
+$6,439
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.74, theta=$-0.058/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$215.00
Jul 16 '27
368d
$59.33
0.74
-0.058
$29.49
$29.83
50% extr delta 0.74
SP
$260.00
Jul 16 '27
368d
$40.48
0.46
-0.036
$15.51
$24.97
ITM 6.0% ITM
HP
$230.00
Jul 16 '27
368d
$25.05
0.33
-0.036
$0.00
$25.05
ACTIVE floor 94%
CC
— not present —
✓ SKIP
QUBT · 25c · U6241782
MARKET
STOCK$8.66entry ~$40.00 · -78.4%
CURRENT CCNO CCuncapped · gear mode
STRUCTURE
BE SAFE STRIKE$40.00-361.9% vs spot
CC-SAFE STRIKE$24.62+184.3% vs spot
NET DEBIT$5.00
CAP LOCKED$12,510
LC DTE557d
P&L
FORTRESS P/L (EX-CC)$-25,122
CLOSE P/L$-25,122
SCENARIOS
STOCK FLAT—
STOCK @ CAP—
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$25,122
−$25,122
−$25,122
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$25,122
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.37, theta=$-0.004/d. Cheapest directional exposure you own.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$35.00
Jan 21 '28
557d
$1.20
0.37
-0.004
$0.00
$1.20
100% extr delta 0.37
SP
$22.00
Jan 21 '28
557d
$15.00
0.56
-0.003
$13.34
$1.66
ITM 60.6% ITM
HP
$15.00
Jan 21 '28
557d
$8.75
0.43
-0.003
$6.34
$2.41
ACTIVE floor 173%
CC
— not present —
✓ SKIP
MARA · 50c · U6241782
⚠️EARNINGS IN YOUR SELL WINDOW2026-07-29 (Wed)in 16 days
Any fresh CC you sell that expires on or after 2026-07-29 carries the earnings gap. Prefer an expiry before the print, or size down.
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: $26.40.
Dashed line on chart: Upper BB (CC ceiling). Roll table below has matching BB ZONE column.
ROUTES · expected value of each path
ROUTE
STOCK FLAT
@ CAP
E[P/L]
SURV / TOUCH
NOTES
CLOSE ALL
−$25,295
−$25,295
−$25,295
— / —
lock it in today, capital freed
✓ HOLD (UNCAPPED)
−$25,295
—
—
— / —
gear mode, upside open
REASONNo CC sold. Position is riding uncapped (gear mode). LC delta=0.57, theta=$-0.005/d. Cheapest directional exposure you own. Weekly gate: NEUTRAL. Reference Upper BB (CC ceiling) at $15.92. See BB ZONE in roll table below.
LEG
STRIKE
EXPIRY
DTE
MARK
DELTA
THETA
INTR
EXTR
STATUS
LC
$20.00
Jan 21 '28
557d
$3.98
0.57
-0.005
$0.00
$3.98
100% extr delta 0.57
SP
$17.00
Jan 21 '28
557d
$8.03
0.39
-0.004
$4.64
$3.38
ITM 27.3% ITM
HP
$10.00
Jan 21 '28
557d
$3.33
0.21
-0.003
$0.00
$3.33
ACTIVE floor 81%
CC
— not present —
Safe Strike = max(LC+ND, (LC+SP+ND)/2)Decisions driven by CC status + LC runway + sigma survival + proactive rolls (v1.2)Read-only — review each action in TWS before tradingpython3 fortress_rebuild.py --help