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).
Called-away odds20%
SaferRiskier
SELL 3 × $13 CALL
14 Aug 2026 · 25 DTE · bid $0.14 / mid $0.52 · $42 this cycle
47.7% OTM
Survival (OTM)
80%
Income / mo
$50
Annualized
23%
EV / cycle
-$43
If assigned
-$386,058
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.00/share ($600 total). Monte-Carlo central case: challenged near day 13 at spot $13.71.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
32d
-$0.76
$-1.19 to $-0.69
67%
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 $385,926 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 25 DTE · bid $0.08 / mid $0.45 · $24 this cycle
53.4% OTM
Survival (OTM)
83%
Income / mo
$29
Annualized
13%
EV / cycle
-$47
If assigned
-$385,926
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.08/share ($623 total). Monte-Carlo central case: challenged near day 14 at spot $14.24.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
32d
-$0.81
$-1.22 to $-0.63
67%
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 $386,844 (premium included).
If challenged near half-life, buying the call back costs about $1.13/share ($339 total). Monte-Carlo central case: challenged near day 4 at spot $10.53.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
18d
-$0.29
$-0.72 to $-0.41
66%
56%
Ss Escape
$10.20
39d
+$0.14
$-0.34 to $0.01
70%
62%
Safety Up
$12.20
39d
-$0.48
$-1.08 to $-0.66
77%
74%
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 $385,917 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 32 DTE · bid $0.11 / mid $0.56 · $33 this cycle
53.4% OTM
Survival (OTM)
81%
Income / mo
$31
Annualized
14%
EV / cycle
-$57
If assigned
-$385,917
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.23/share ($668 total). Monte-Carlo central case: challenged near day 17 at spot $14.17.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
39d
-$0.86
$-1.27 to $-0.76
67%
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 $385,917 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 32 DTE · bid $0.11 / mid $0.56 · $33 this cycle
53.4% OTM
Survival (OTM)
81%
Income / mo
$31
Annualized
14%
EV / cycle
-$57
If assigned
-$385,917
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.23/share ($668 total). Monte-Carlo central case: challenged near day 17 at spot $14.17.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
39d
-$0.86
$-1.27 to $-0.76
67%
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 $386,655 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $10 CALL
21 Aug 2026 · 32 DTE · bid $0.65 / mid $1.10 · $195 this cycle
19.3% OTM
Survival (OTM)
64%
Income / mo
$183
Annualized
84%
EV / cycle
-$45
If assigned
-$386,655
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.73/share ($520 total). Monte-Carlo central case: challenged near day 10 at spot $11.06.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
39d
-$0.57
$-1.06 to $-0.76
68%
58%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.