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 $386,673 (premium included).
If challenged near half-life, buying the call back costs about $0.72/share ($217 total). Monte-Carlo central case: challenged near day 4 at spot $11.53.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
13d
+$0.04
$-0.16 to $0.12
65%
55%
Ss Escape
$15.40
41d
+$0.06
$-0.22 to $0.15
85%
82%
Reliable Up
$14.40
41d
+$0.26
$0.01 to $0.35
82%
78%
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 $386,094 (premium included).
If challenged near half-life, buying the call back costs about $0.86/share ($257 total). Monte-Carlo central case: challenged near day 5 at spot $13.57.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
13d
-$0.00
$-0.06 to $0.27
65%
55%
Ss Escape
$17.40
41d
+$0.08
$-0.03 to $0.38
83%
80%
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 $386,820 (premium included).
If challenged near half-life, buying the call back costs about $1.42/share ($425 total). Monte-Carlo central case: challenged near day 7 at spot $10.54.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
27d
-$0.32
$-0.72 to $-0.47
68%
58%
Ss Escape
$9.40
34d
+$0.05
$-0.37 to $-0.09
66%
54%
Safety Up
$12.40
41d
-$0.59
$-1.11 to $-0.80
80%
76%
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 $385,833 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 34 DTE · bid $0.39 / mid $0.69 · $117 this cycle
57.0% OTM
Survival (OTM)
80%
Income / mo
$103
Annualized
49%
EV / cycle
+$16
If assigned
-$385,833
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.34/share ($703 total). Monte-Carlo central case: challenged near day 17 at spot $14.25.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
41d
-$0.65
$-1.03 to $-0.53
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 $385,833 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 34 DTE · bid $0.39 / mid $0.69 · $117 this cycle
57.0% OTM
Survival (OTM)
80%
Income / mo
$103
Annualized
49%
EV / cycle
+$16
If assigned
-$385,833
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.34/share ($703 total). Monte-Carlo central case: challenged near day 17 at spot $14.25.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
41d
-$0.65
$-1.03 to $-0.53
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 $386,601 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $10 CALL
14 Aug 2026 · 34 DTE · bid $0.83 / mid $1.16 · $249 this cycle
22.1% OTM
Survival (OTM)
64%
Income / mo
$220
Annualized
104%
EV / cycle
-$10
If assigned
-$386,601
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.82/share ($546 total). Monte-Carlo central case: challenged near day 11 at spot $11.10.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
41d
-$0.38
$-0.76 to $-0.52
70%
58%
Safety Up
$11.90
41d
-$0.78
$-1.19 to $-0.94
76%
69%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.