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 $1,300.00 basis.
Income playbook
ConservativeSafe, deep OTMRECOMMENDED▾
Strike $11 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,625 (premium included).
If challenged near half-life, buying the call back costs about $1.00/share ($300 total). Monte-Carlo central case: challenged near day 5 at spot $11.57.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
15d
+$0.07
$-0.16 to $0.13
68%
56%
Ss Escape
$13.31
43d
+$0.07
$-0.29 to $0.11
78%
73%
Safety Up
$14.31
43d
-$0.17
$-0.56 to $-0.14
80%
77%
Reliable Up
$12.81
29d
+$0.31
$0.04 to $0.37
78%
71%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.
Ultra SafeDeepest OTM, lowest called-away odds▾
Strike $14 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,935 (premium included).
If challenged near half-life, buying the call back costs about $1.23/share ($368 total). Monte-Carlo central case: challenged near day 6 at spot $14.18.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
15d
-$0.01
$-0.12 to $0.28
67%
55%
Ss Escape
$15.81
43d
+$0.05
$-0.18 to $0.36
76%
71%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.
NormalBalanced risk and income▾
Strike $10 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,865 (premium included).
If challenged near half-life, buying the call back costs about $0.91/share ($273 total). Monte-Carlo central case: challenged near day 4 at spot $10.54.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
15d
+$0.09
$-0.19 to $0.05
68%
56%
Ss Escape
$12.31
43d
+$0.07
$-0.37 to $-0.01
78%
74%
Safety Up
$14.31
43d
-$0.32
$-0.84 to $-0.42
84%
82%
Reliable Up
$11.81
29d
+$0.28
$-0.05 to $0.24
79%
72%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.
ConservativeSafe, deep OTMRECOMMENDED▾
Strike $14 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,845 (premium included).
Called-away odds21%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 36 DTE · bid $0.35 / mid $0.78 · $105 this cycle
55.4% OTM
Survival (OTM)
79%
Income / mo
$88
Annualized
41%
EV / cycle
-$15
If assigned
-$385,845
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.40/share ($720 total). Monte-Carlo central case: challenged near day 17 at spot $14.29.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
43d
-$0.70
$-1.11 to $-0.64
69%
58%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.
Ultra SafeDeepest OTM, lowest called-away odds▾
Strike $14 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,845 (premium included).
Called-away odds21%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 36 DTE · bid $0.35 / mid $0.78 · $105 this cycle
55.4% OTM
Survival (OTM)
79%
Income / mo
$88
Annualized
41%
EV / cycle
-$15
If assigned
-$385,845
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.40/share ($720 total). Monte-Carlo central case: challenged near day 17 at spot $14.29.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
43d
-$0.70
$-1.11 to $-0.64
69%
58%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.
NormalBalanced risk and income▾
Strike $10 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,532 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $10 CALL
14 Aug 2026 · 36 DTE · bid $1.06 / mid $1.31 · $318 this cycle
20.8% OTM
Survival (OTM)
63%
Income / mo
$265
Annualized
124%
EV / cycle
+$20
If assigned
-$386,532
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.87/share ($560 total). Monte-Carlo central case: challenged near day 10 at spot $11.10.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
43d
-$0.43
$-0.83 to $-0.61
70%
59%
Safety Up
$11.81
43d
-$0.78
$-1.22 to $-0.98
75%
69%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.