Deep drawdown. Earn income while the position recovers without capping the rebound. The safest rung that still clears the income floor is recommended; Ultra Safe goes deeper OTM for the lowest called-away odds when you want maximum room above your $4.00 basis.
Income playbook
ConservativeSafe, deep OTMRECOMMENDED▾
Strike $2 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $9,711 (premium included).
Called-away odds11%
SaferRiskier
SELL 39 × $2 CALL
16 Oct 2026 · 6 DTE · bid $0.01 / mid $0.02 · $39 this cycle
15.4% OTM
Survival (OTM)
89%
Income / mo
$195
Annualized
47%
EV / cycle
+$24
If assigned
-$9,711
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.
Ultra SafeDeepest OTM, lowest called-away odds▾
Strike $2 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $7,683 (premium included).
Called-away odds11%
SaferRiskier
SELL 39 × $2 CALL
20 Nov 2026 · 41 DTE · bid $0.03 / mid $0.04 · $117 this cycle
53.8% OTM
Survival (OTM)
89%
Income / mo
$86
Annualized
21%
EV / cycle
+$68
If assigned
-$7,683
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.
NormalBalanced risk and income▾
Strike $2 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $9,516 (premium included).
Called-away odds28%
SaferRiskier
SELL 39 × $2 CALL
6 Nov 2026 · 27 DTE · bid $0.06 / mid $0.07 · $234 this cycle
15.4% OTM
Survival (OTM)
72%
Income / mo
$260
Annualized
62%
EV / cycle
+$81
If assigned
-$9,516
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.
ConservativeSafe, deep OTMRECOMMENDED▾
Strike $2 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $7,683 (premium included).
Called-away odds11%
SaferRiskier
SELL 39 × $2 CALL
20 Nov 2026 · 41 DTE · bid $0.03 / mid $0.04 · $117 this cycle
53.8% OTM
Survival (OTM)
89%
Income / mo
$86
Annualized
21%
EV / cycle
+$68
If assigned
-$7,683
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.
Ultra SafeDeepest OTM, lowest called-away odds▾
Strike $2 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $7,683 (premium included).
Called-away odds11%
SaferRiskier
SELL 39 × $2 CALL
20 Nov 2026 · 41 DTE · bid $0.03 / mid $0.04 · $117 this cycle
53.8% OTM
Survival (OTM)
89%
Income / mo
$86
Annualized
21%
EV / cycle
+$68
If assigned
-$7,683
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.
NormalBalanced risk and income▾
Strike $2 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $9,477 (premium included).
Called-away odds31%
SaferRiskier
SELL 39 × $2 CALL
13 Nov 2026 · 34 DTE · bid $0.07 / mid $0.09 · $273 this cycle
15.4% OTM
Survival (OTM)
69%
Income / mo
$241
Annualized
58%
EV / cycle
+$71
If assigned
-$9,477
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.