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 $386,184 (premium included).
If challenged near half-life, buying the call back costs about $1.53/share ($460 total). Monte-Carlo central case: challenged near day 9 at spot $13.15.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.50
22d
-$0.34
$-0.68 to $-0.23
67%
57%
Ss Escape
$13.47
43d
+$0.14
$-0.23 to $0.29
74%
66%
Safety Up
$14.47
43d
-$0.21
$-0.62 to $-0.08
76%
71%
Reliable Up
$12.97
43d
+$0.28
$-0.07 to $0.44
72%
63%
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 $385,935 (premium included).
If challenged near half-life, buying the call back costs about $1.66/share ($497 total). Monte-Carlo central case: challenged near day 10 at spot $14.16.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
22d
-$0.40
$-0.71 to $-0.14
67%
57%
Ss Escape
$14.47
43d
+$0.11
$-0.20 to $0.43
73%
65%
Safety Up
$14.97
43d
-$0.03
$-0.36 to $0.28
75%
68%
Reliable Up
$13.97
43d
+$0.25
$-0.05 to $0.59
72%
62%
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 $386,877 (premium included).
If challenged near half-life, buying the call back costs about $0.92/share ($276 total). Monte-Carlo central case: challenged near day 3 at spot $10.55.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
15d
-$0.05
$-0.39 to $-0.16
67%
56%
Ss Escape
$12.47
43d
+$0.15
$-0.31 to $0.01
79%
75%
Safety Up
$13.97
36d
-$0.16
$-0.65 to $-0.32
85%
82%
Reliable Up
$11.47
43d
+$0.42
$0.01 to $0.30
76%
70%
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 $385,734 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 36 DTE · bid $0.22 / mid $0.56 · $66 this cycle
55.0% OTM
Survival (OTM)
80%
Income / mo
$55
Annualized
25%
EV / cycle
-$43
If assigned
-$385,734
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.51/share ($753 total). Monte-Carlo central case: challenged near day 18 at spot $14.74.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
43d
-$0.67
$-1.07 to $-0.50
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 $385,734 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 36 DTE · bid $0.22 / mid $0.56 · $66 this cycle
55.0% OTM
Survival (OTM)
80%
Income / mo
$55
Annualized
25%
EV / cycle
-$43
If assigned
-$385,734
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.51/share ($753 total). Monte-Carlo central case: challenged near day 18 at spot $14.74.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
43d
-$0.67
$-1.07 to $-0.50
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 $386,415 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $11 CALL
21 Aug 2026 · 36 DTE · bid $0.95 / mid $1.31 · $285 this cycle
21.8% OTM
Survival (OTM)
64%
Income / mo
$237
Annualized
107%
EV / cycle
+$19
If assigned
-$386,415
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.97/share ($592 total). Monte-Carlo central case: challenged near day 11 at spot $11.58.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
43d
-$0.40
$-0.81 to $-0.57
70%
59%
Safety Up
$12.47
43d
-$0.89
$-1.37 to $-1.10
76%
69%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.