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 $9,633 (premium included).
Called-away odds19%
SaferRiskier
SELL 39 × $2 CALL
30 Oct 2026 · 17 DTE · bid $0.03 / mid $0.04 · $117 this cycle
21.5% OTM
Survival (OTM)
81%
Income / mo
$206
Annualized
52%
EV / cycle
+$56
If assigned
-$9,633
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 $9,711 (premium included).
Called-away odds11%
SaferRiskier
SELL 39 × $2 CALL
23 Oct 2026 · 10 DTE · bid $0.01 / mid $0.01 · $39 this cycle
21.5% OTM
Survival (OTM)
89%
Income / mo
$117
Annualized
30%
EV / cycle
+$21
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.
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 odds28%
SaferRiskier
SELL 39 × $2 CALL
20 Nov 2026 · 38 DTE · bid $0.07 / mid $0.08 · $273 this cycle
21.5% OTM
Survival (OTM)
72%
Income / mo
$216
Annualized
54%
EV / cycle
+$87
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.
ConservativeSafe, deep OTMRECOMMENDED▾
Strike $2 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $9,672 (premium included).
Called-away odds24%
SaferRiskier
SELL 39 × $2 CALL
13 Nov 2026 · 31 DTE · bid $0.02 / mid $0.05 · $78 this cycle
21.5% OTM
Survival (OTM)
76%
Income / mo
$75
Annualized
19%
EV / cycle
-$40
If assigned
-$9,672
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 $9,672 (premium included).
Called-away odds24%
SaferRiskier
SELL 39 × $2 CALL
13 Nov 2026 · 31 DTE · bid $0.02 / mid $0.05 · $78 this cycle
21.5% OTM
Survival (OTM)
76%
Income / mo
$75
Annualized
19%
EV / cycle
-$40
If assigned
-$9,672
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 odds28%
SaferRiskier
SELL 39 × $2 CALL
20 Nov 2026 · 38 DTE · bid $0.07 / mid $0.08 · $273 this cycle
21.5% OTM
Survival (OTM)
72%
Income / mo
$216
Annualized
54%
EV / cycle
+$87
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.