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 $385,731 (premium included).
Called-away odds15%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 24 DTE · bid $0.23 / mid $0.32 · $69 this cycle
54.0% OTM
Survival (OTM)
85%
Income / mo
$86
Annualized
38%
EV / cycle
+$17
If assigned
-$385,731
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.84/share ($553 total). Monte-Carlo central case: challenged near day 14 at spot $14.70.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
31d
-$0.55
$-0.86 to $-0.36
67%
56%
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 $385,731 (premium included).
Called-away odds15%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 24 DTE · bid $0.23 / mid $0.32 · $69 this cycle
54.0% OTM
Survival (OTM)
85%
Income / mo
$86
Annualized
38%
EV / cycle
+$17
If assigned
-$385,731
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.84/share ($553 total). Monte-Carlo central case: challenged near day 14 at spot $14.70.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
31d
-$0.55
$-0.86 to $-0.36
67%
56%
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 $386,904 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 10 DTE · bid $0.32 / mid $0.56 · $96 this cycle
10.0% OTM
Survival (OTM)
63%
Income / mo
$288
Annualized
128%
EV / cycle
-$53
If assigned
-$386,904
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $0.88/share ($264 total). Monte-Carlo central case: challenged near day 4 at spot $10.48.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
17d
+$0.04
$-0.24 to $-0.04
67%
56%
Ss Escape
$10.91
31d
+$0.29
$-0.01 to $0.20
75%
66%
Safety Up
$12.41
38d
-$0.29
$-0.77 to $-0.43
79%
76%
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 $385,719 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $14 CALL
28 Aug 2026 · 31 DTE · bid $0.27 / mid $0.55 · $81 this cycle
54.0% OTM
Survival (OTM)
82%
Income / mo
$78
Annualized
35%
EV / cycle
+$1
If assigned
-$385,719
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.97/share ($590 total). Monte-Carlo central case: challenged near day 17 at spot $14.68.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
38d
-$0.62
$-0.94 to $-0.44
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 $385,719 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $14 CALL
28 Aug 2026 · 31 DTE · bid $0.27 / mid $0.55 · $81 this cycle
54.0% OTM
Survival (OTM)
82%
Income / mo
$78
Annualized
35%
EV / cycle
+$1
If assigned
-$385,719
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.97/share ($590 total). Monte-Carlo central case: challenged near day 17 at spot $14.68.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
38d
-$0.62
$-0.94 to $-0.44
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 $386,652 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $10 CALL
28 Aug 2026 · 31 DTE · bid $0.66 / mid $0.97 · $198 this cycle
15.5% OTM
Survival (OTM)
63%
Income / mo
$192
Annualized
85%
EV / cycle
-$42
If assigned
-$386,652
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.48/share ($443 total). Monte-Carlo central case: challenged near day 9 at spot $11.02.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
38d
-$0.35
$-0.71 to $-0.51
68%
57%
Safety Up
$11.41
38d
-$0.66
$-1.08 to $-0.85
72%
66%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.