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 $14 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,887 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $14 CALL
7 Aug 2026 · 16 DTE · bid $0.21 / mid $0.35 · $63 this cycle
40.4% OTM
Survival (OTM)
82%
Income / mo
$118
Annualized
50%
EV / cycle
-$3
If assigned
-$385,887
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.62/share ($485 total). Monte-Carlo central case: challenged near day 9 at spot $14.24.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.50
23d
-$0.21
$-0.46 to $-0.08
68%
56%
Ss Escape
$13.39
37d
+$0.26
$-0.04 to $0.44
69%
58%
Safety Up
$14.39
37d
-$0.16
$-0.53 to $-0.02
72%
64%
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 $385,479 (premium included).
If challenged near half-life, buying the call back costs about $1.30/share ($391 total). Monte-Carlo central case: challenged near day 7 at spot $15.80.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
16d
-$0.10
$-0.26 to $0.16
66%
56%
Ss Escape
$17.39
37d
+$0.06
$-0.16 to $0.37
77%
71%
Reliable Up
$16.89
37d
+$0.24
$0.04 to $0.55
75%
69%
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 $386,682 (premium included).
If challenged near half-life, buying the call back costs about $0.91/share ($274 total). Monte-Carlo central case: challenged near day 3 at spot $11.08.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
16d
+$0.03
$-0.28 to $-0.08
67%
56%
Ss Escape
$12.89
37d
+$0.07
$-0.35 to $-0.08
79%
75%
Safety Up
$15.89
37d
-$0.33
$-0.83 to $-0.51
87%
86%
Reliable Up
$11.39
37d
+$0.36
$-0.02 to $0.23
73%
66%
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 $385,392 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $15 CALL
21 Aug 2026 · 30 DTE · bid $0.36 / mid $0.68 · $108 this cycle
56.0% OTM
Survival (OTM)
83%
Income / mo
$108
Annualized
46%
EV / cycle
+$29
If assigned
-$385,392
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.37/share ($711 total). Monte-Carlo central case: challenged near day 16 at spot $15.77.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
37d
-$0.68
$-1.06 to $-0.50
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 $385,392 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $15 CALL
21 Aug 2026 · 30 DTE · bid $0.36 / mid $0.68 · $108 this cycle
56.0% OTM
Survival (OTM)
83%
Income / mo
$108
Annualized
46%
EV / cycle
+$29
If assigned
-$385,392
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.37/share ($711 total). Monte-Carlo central case: challenged near day 16 at spot $15.77.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
37d
-$0.68
$-1.06 to $-0.50
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 $386,208 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $12 CALL
28 Aug 2026 · 37 DTE · bid $1.14 / mid $1.45 · $342 this cycle
19.6% OTM
Survival (OTM)
63%
Income / mo
$277
Annualized
117%
EV / cycle
+$30
If assigned
-$386,208
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.