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 $15 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,443 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $15 CALL
14 Aug 2026 · 30 DTE · bid $0.19 / mid $0.60 · $57 this cycle
53.8% OTM
Survival (OTM)
80%
Income / mo
$57
Annualized
24%
EV / cycle
-$48
If assigned
-$385,443
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.41/share ($723 total). Monte-Carlo central case: challenged near day 16 at spot $15.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
37d
-$0.76
$-1.19 to $-0.63
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 $15 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,443 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $15 CALL
14 Aug 2026 · 30 DTE · bid $0.19 / mid $0.60 · $57 this cycle
53.8% OTM
Survival (OTM)
80%
Income / mo
$57
Annualized
24%
EV / cycle
-$48
If assigned
-$385,443
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.41/share ($723 total). Monte-Carlo central case: challenged near day 16 at spot $15.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
37d
-$0.76
$-1.19 to $-0.63
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 $11 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,520 (premium included).
If challenged near half-life, buying the call back costs about $1.33/share ($400 total). Monte-Carlo central case: challenged near day 5 at spot $11.61.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
23d
-$0.21
$-0.64 to $-0.38
67%
57%
Ss Escape
$11.75
44d
+$0.11
$-0.40 to $-0.09
73%
65%
Safety Up
$14.25
37d
-$0.51
$-1.07 to $-0.72
82%
79%
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 $15 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,443 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $15 CALL
14 Aug 2026 · 30 DTE · bid $0.19 / mid $0.60 · $57 this cycle
53.8% OTM
Survival (OTM)
80%
Income / mo
$57
Annualized
24%
EV / cycle
-$48
If assigned
-$385,443
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.41/share ($723 total). Monte-Carlo central case: challenged near day 16 at spot $15.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
37d
-$0.76
$-1.19 to $-0.63
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 $15 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,443 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $15 CALL
14 Aug 2026 · 30 DTE · bid $0.19 / mid $0.60 · $57 this cycle
53.8% OTM
Survival (OTM)
80%
Income / mo
$57
Annualized
24%
EV / cycle
-$48
If assigned
-$385,443
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.41/share ($723 total). Monte-Carlo central case: challenged near day 16 at spot $15.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
37d
-$0.76
$-1.19 to $-0.63
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 $12 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,133 (premium included).
Called-away odds34%
SaferRiskier
SELL 3 × $12 CALL
14 Aug 2026 · 30 DTE · bid $0.89 / mid $1.20 · $267 this cycle
23.1% OTM
Survival (OTM)
66%
Income / mo
$267
Annualized
111%
EV / cycle
+$17
If assigned
-$386,133
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.93/share ($578 total). Monte-Carlo central case: challenged near day 10 at spot $12.68.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.00
37d
-$0.50
$-0.96 to $-0.65
68%
58%
Safety Up
$13.75
44d
-$0.86
$-1.45 to $-1.07
75%
70%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.