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 $13 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,058 (premium included).
If challenged near half-life, buying the call back costs about $1.93/share ($579 total). Monte-Carlo central case: challenged near day 11 at spot $13.71.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
28d
-$0.43
$-0.80 to $-0.41
68%
57%
Ss Escape
$12.95
42d
+$0.25
$-0.10 to $0.35
71%
59%
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 $385,926 (premium included).
If challenged near half-life, buying the call back costs about $2.00/share ($601 total). Monte-Carlo central case: challenged near day 12 at spot $14.27.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
28d
-$0.47
$-0.84 to $-0.37
68%
57%
Ss Escape
$13.45
42d
+$0.23
$-0.11 to $0.42
71%
59%
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 $386,871 (premium included).
If challenged near half-life, buying the call back costs about $0.91/share ($274 total). Monte-Carlo central case: challenged near day 3 at spot $10.52.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
14d
-$0.02
$-0.40 to $-0.11
67%
56%
Ss Escape
$12.95
42d
+$0.18
$-0.30 to $0.06
82%
77%
Safety Up
$13.95
42d
-$0.26
$-0.83 to $-0.42
84%
81%
Reliable Up
$10.95
42d
+$0.58
$0.15 to $0.49
75%
67%
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 $385,707 (premium included).
Called-away odds21%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 35 DTE · bid $0.31 / mid $0.73 · $93 this cycle
54.7% OTM
Survival (OTM)
79%
Income / mo
$80
Annualized
36%
EV / cycle
-$21
If assigned
-$385,707
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.50/share ($749 total). Monte-Carlo central case: challenged near day 17 at spot $14.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
42d
-$0.50
$-0.87 to $-0.45
70%
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 $385,707 (premium included).
Called-away odds21%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 35 DTE · bid $0.31 / mid $0.73 · $93 this cycle
54.7% OTM
Survival (OTM)
79%
Income / mo
$80
Annualized
36%
EV / cycle
-$21
If assigned
-$385,707
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.50/share ($749 total). Monte-Carlo central case: challenged near day 17 at spot $14.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
42d
-$0.50
$-0.87 to $-0.45
70%
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 $386,403 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $11 CALL
14 Aug 2026 · 35 DTE · bid $0.99 / mid $1.36 · $297 this cycle
21.5% OTM
Survival (OTM)
64%
Income / mo
$255
Annualized
114%
EV / cycle
+$18
If assigned
-$386,403
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.96/share ($589 total). Monte-Carlo central case: challenged near day 11 at spot $11.62.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
42d
-$0.26
$-0.60 to $-0.40
71%
58%
Safety Up
$11.95
42d
-$0.73
$-1.18 to $-0.92
74%
66%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.