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 $12 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,214 (premium included).
If challenged near half-life, buying the call back costs about $1.90/share ($570 total). Monte-Carlo central case: challenged near day 12 at spot $13.19.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.50
29d
-$0.60
$-1.03 to $-0.47
67%
58%
Ss Escape
$11.91
43d
+$0.02
$-0.40 to $0.24
67%
56%
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 $12 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,214 (premium included).
If challenged near half-life, buying the call back costs about $1.90/share ($570 total). Monte-Carlo central case: challenged near day 12 at spot $13.19.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.50
29d
-$0.60
$-1.03 to $-0.47
67%
58%
Ss Escape
$11.91
43d
+$0.02
$-0.40 to $0.24
67%
56%
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 $386,880 (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 $10.55.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
22d
-$0.27
$-0.64 to $-0.37
67%
56%
Ss Escape
$10.41
36d
+$0.01
$-0.42 to $-0.10
71%
63%
Safety Up
$11.41
29d
-$0.28
$-0.70 to $-0.41
76%
70%
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 $385,890 (premium included).
Called-away odds21%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 36 DTE · bid $0.20 / mid $0.66 · $60 this cycle
57.3% OTM
Survival (OTM)
79%
Income / mo
$50
Annualized
24%
EV / cycle
-$52
If assigned
-$385,890
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.49/share ($747 total). Monte-Carlo central case: challenged near day 17 at spot $14.28.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
43d
-$0.92
$-1.39 to $-0.86
68%
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 $385,890 (premium included).
Called-away odds21%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 36 DTE · bid $0.20 / mid $0.66 · $60 this cycle
57.3% OTM
Survival (OTM)
79%
Income / mo
$50
Annualized
24%
EV / cycle
-$52
If assigned
-$385,890
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.49/share ($747 total). Monte-Carlo central case: challenged near day 17 at spot $14.28.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
43d
-$0.92
$-1.39 to $-0.86
68%
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 $386,631 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $10 CALL
14 Aug 2026 · 36 DTE · bid $0.73 / mid $1.19 · $219 this cycle
22.3% OTM
Survival (OTM)
64%
Income / mo
$183
Annualized
86%
EV / cycle
-$62
If assigned
-$386,631
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.94/share ($581 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
-$0.61
$-1.09 to $-0.82
69%
59%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.