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 $1 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $29,900 (premium included).
Called-away odds15%
SaferRiskier
SELL 100 × $1 CALL
6 Nov 2026 · 7 DTE · bid $0.01 / mid $0.01 · $100 this cycle
21.9% OTM
Survival (OTM)
85%
Income / mo
$429
Annualized
64%
EV / cycle
+$32
If assigned
-$29,900
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 $1 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $29,900 (premium included).
Called-away odds15%
SaferRiskier
SELL 100 × $1 CALL
6 Nov 2026 · 7 DTE · bid $0.01 / mid $0.01 · $100 this cycle
21.9% OTM
Survival (OTM)
85%
Income / mo
$429
Annualized
64%
EV / cycle
+$32
If assigned
-$29,900
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 $1 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $29,700 (premium included).
Called-away odds23%
SaferRiskier
SELL 100 × $1 CALL
20 Nov 2026 · 21 DTE · bid $0.03 / mid $0.04 · $300 this cycle
21.9% OTM
Survival (OTM)
77%
Income / mo
$429
Annualized
64%
EV / cycle
+$105
If assigned
-$29,700
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 $1 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $29,700 (premium included).
Called-away odds27%
SaferRiskier
SELL 100 × $1 CALL
4 Dec 2026 · 35 DTE · bid $0.03 / mid $0.05 · $300 this cycle
21.9% OTM
Survival (OTM)
73%
Income / mo
$257
Annualized
38%
EV / cycle
-$14
If assigned
-$29,700
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 $1 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $29,700 (premium included).
Called-away odds27%
SaferRiskier
SELL 100 × $1 CALL
4 Dec 2026 · 35 DTE · bid $0.03 / mid $0.05 · $300 this cycle
21.9% OTM
Survival (OTM)
73%
Income / mo
$257
Annualized
38%
EV / cycle
-$14
If assigned
-$29,700
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 $1 is BELOW your $4.00 cost basis. If called away this locks a realized loss of about $29,700 (premium included).
Called-away odds27%
SaferRiskier
SELL 100 × $1 CALL
4 Dec 2026 · 35 DTE · bid $0.03 / mid $0.05 · $300 this cycle
21.9% OTM
Survival (OTM)
73%
Income / mo
$257
Annualized
38%
EV / cycle
-$14
If assigned
-$29,700
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.