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 $385,776 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 23 DTE · bid $0.08 / mid $0.45 · $24 this cycle
49.4% OTM
Survival (OTM)
82%
Income / mo
$31
Annualized
14%
EV / cycle
-$53
If assigned
-$385,776
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.12/share ($635 total). Monte-Carlo central case: challenged near day 13 at spot $14.69.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
30d
-$0.78
$-1.17 to $-0.56
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 $385,776 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $14 CALL
14 Aug 2026 · 23 DTE · bid $0.08 / mid $0.45 · $24 this cycle
49.4% OTM
Survival (OTM)
82%
Income / mo
$31
Annualized
14%
EV / cycle
-$53
If assigned
-$385,776
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.12/share ($635 total). Monte-Carlo central case: challenged near day 13 at spot $14.69.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
30d
-$0.78
$-1.17 to $-0.56
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 $386,679 (premium included).
Called-away odds38%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 16 DTE · bid $0.57 / mid $0.91 · $171 this cycle
12.1% OTM
Survival (OTM)
62%
Income / mo
$321
Annualized
139%
EV / cycle
-$33
If assigned
-$386,679
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.39/share ($417 total). Monte-Carlo central case: challenged near day 5 at spot $11.11.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
23d
-$0.32
$-0.79 to $-0.52
68%
57%
Ss Escape
$10.13
37d
+$0.12
$-0.41 to $-0.11
68%
56%
Safety Up
$12.13
37d
-$0.53
$-1.18 to $-0.81
75%
71%
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 $385,746 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 30 DTE · bid $0.18 / mid $0.62 · $54 this cycle
49.4% OTM
Survival (OTM)
80%
Income / mo
$54
Annualized
23%
EV / cycle
-$47
If assigned
-$385,746
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.23/share ($669 total). Monte-Carlo central case: challenged near day 15 at spot $14.79.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
37d
-$0.74
$-1.19 to $-0.69
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 $385,746 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 30 DTE · bid $0.18 / mid $0.62 · $54 this cycle
49.4% OTM
Survival (OTM)
80%
Income / mo
$54
Annualized
23%
EV / cycle
-$47
If assigned
-$385,746
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.23/share ($669 total). Monte-Carlo central case: challenged near day 15 at spot $14.79.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
37d
-$0.74
$-1.19 to $-0.69
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 $386,475 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $11 CALL
21 Aug 2026 · 30 DTE · bid $0.75 / mid $1.18 · $225 this cycle
17.4% OTM
Survival (OTM)
63%
Income / mo
$225
Annualized
97%
EV / cycle
-$41
If assigned
-$386,475
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.75/share ($525 total). Monte-Carlo central case: challenged near day 9 at spot $11.60.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$11.00
37d
-$0.49
$-0.95 to $-0.69
68%
58%
Safety Up
$11.63
37d
-$0.71
$-1.22 to $-0.92
71%
63%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.