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 $386,490 (premium included).
If challenged near half-life, buying the call back costs about $1.06/share ($319 total). Monte-Carlo central case: challenged near day 6 at spot $12.12.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.50
16d
+$0.06
$-0.15 to $0.17
68%
56%
Up And Out
$11.61
16d
+$0.04
$-0.18 to $0.13
69%
57%
Ss Escape
$13.61
37d
+$0.05
$-0.29 to $0.15
77%
72%
Safety Up
$14.61
44d
-$0.17
$-0.58 to $-0.09
80%
76%
Reliable Up
$13.61
44d
+$0.30
$-0.02 to $0.41
78%
72%
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 $386,385 (premium included).
If challenged near half-life, buying the call back costs about $1.11/share ($332 total). Monte-Carlo central case: challenged near day 6 at spot $12.65.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.00
16d
+$0.05
$-0.17 to $0.17
68%
56%
Up And Out
$12.11
16d
+$0.02
$-0.20 to $0.14
69%
57%
Ss Escape
$14.11
37d
+$0.05
$-0.29 to $0.18
77%
72%
Reliable Up
$14.11
44d
+$0.31
$-0.01 to $0.45
77%
72%
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 $386,775 (premium included).
If challenged near half-life, buying the call back costs about $1.17/share ($352 total). Monte-Carlo central case: challenged near day 5 at spot $10.56.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
23d
-$0.01
$-0.30 to $-0.13
69%
57%
Ss Escape
$11.11
44d
+$0.03
$-0.41 to $-0.16
74%
68%
Safety Up
$14.61
44d
-$0.73
$-1.36 to $-0.99
85%
84%
Reliable Up
$10.11
44d
+$0.44
$0.06 to $0.28
71%
61%
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 $385,764 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 30 DTE · bid $0.12 / mid $0.53 · $36 this cycle
57.5% OTM
Survival (OTM)
82%
Income / mo
$36
Annualized
16%
EV / cycle
-$51
If assigned
-$385,764
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.35/share ($706 total). Monte-Carlo central case: challenged near day 16 at spot $14.77.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
37d
-$0.73
$-1.12 to $-0.55
68%
57%
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 $385,764 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 30 DTE · bid $0.12 / mid $0.53 · $36 this cycle
57.5% OTM
Survival (OTM)
82%
Income / mo
$36
Annualized
16%
EV / cycle
-$51
If assigned
-$385,764
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.35/share ($706 total). Monte-Carlo central case: challenged near day 16 at spot $14.77.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
37d
-$0.73
$-1.12 to $-0.55
68%
57%
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 $386,598 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $10 CALL
14 Aug 2026 · 30 DTE · bid $0.84 / mid $1.15 · $252 this cycle
18.1% OTM
Survival (OTM)
63%
Income / mo
$252
Annualized
115%
EV / cycle
-$11
If assigned
-$386,598
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.76/share ($529 total). Monte-Carlo central case: challenged near day 9 at spot $11.09.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
37d
-$0.42
$-0.86 to $-0.62
69%
58%
Safety Up
$12.61
44d
-$0.77
$-1.31 to $-1.01
78%
73%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.