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 $386,649 (premium included).
If challenged near half-life, buying the call back costs about $0.69/share ($207 total). Monte-Carlo central case: challenged near day 4 at spot $11.61.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
14d
+$0.25
$0.17 to $0.34
67%
55%
Up And Out
$11.22
14d
+$0.18
$0.09 to $0.26
69%
58%
Ss Escape
$14.22
42d
+$0.12
$-0.12 to $0.17
81%
77%
Safety Up
$16.22
42d
-$0.13
$-0.41 to $-0.10
86%
85%
Reliable Up
$13.22
42d
+$0.35
$0.15 to $0.42
78%
73%
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 $13 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,085 (premium included).
If challenged near half-life, buying the call back costs about $0.82/share ($245 total). Monte-Carlo central case: challenged near day 5 at spot $13.79.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
14d
+$0.23
$0.20 to $0.43
67%
55%
Up And Out
$13.22
14d
+$0.16
$0.12 to $0.34
68%
58%
Ss Escape
$16.22
42d
+$0.13
$-0.06 to $0.30
79%
76%
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 $386,895 (premium included).
If challenged near half-life, buying the call back costs about $0.63/share ($188 total). Monte-Carlo central case: challenged near day 3 at spot $10.61.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
14d
+$0.25
$0.14 to $0.26
67%
56%
Up And Out
$10.22
14d
+$0.18
$0.06 to $0.19
69%
59%
Ss Escape
$13.22
42d
+$0.10
$-0.20 to $0.05
81%
79%
Safety Up
$15.22
35d
-$0.33
$-0.73 to $-0.41
87%
86%
Reliable Up
$12.22
42d
+$0.32
$0.07 to $0.29
78%
74%
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 $385,716 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 35 DTE · bid $0.28 / mid $0.68 · $84 this cycle
59.5% OTM
Survival (OTM)
81%
Income / mo
$72
Annualized
33%
EV / cycle
-$16
If assigned
-$385,716
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.46/share ($738 total). Monte-Carlo central case: challenged near day 17 at spot $14.84.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
42d
-$0.76
$-1.20 to $-0.68
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 $385,716 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 35 DTE · bid $0.28 / mid $0.68 · $84 this cycle
59.5% OTM
Survival (OTM)
81%
Income / mo
$72
Annualized
33%
EV / cycle
-$16
If assigned
-$385,716
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.46/share ($738 total). Monte-Carlo central case: challenged near day 17 at spot $14.84.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
42d
-$0.76
$-1.20 to $-0.68
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 $11 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,475 (premium included).
Called-away odds35%
SaferRiskier
SELL 3 × $11 CALL
14 Aug 2026 · 35 DTE · bid $0.75 / mid $1.15 · $225 this cycle
25.3% OTM
Survival (OTM)
65%
Income / mo
$193
Annualized
89%
EV / cycle
-$63
If assigned
-$386,475
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.93/share ($580 total). Monte-Carlo central case: challenged near day 11 at spot $11.65.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
42d
-$0.48
$-0.90 to $-0.63
69%
58%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.