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 odds14%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 24 DTE · bid $0.23 / mid $0.32 · $69 this cycle
54.9% OTM
Survival (OTM)
86%
Income / mo
$86
Annualized
39%
EV / cycle
+$22
If assigned
-$385,731
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.88/share ($564 total). Monte-Carlo central case: challenged near day 14 at spot $14.66.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
31d
-$0.57
$-0.87 to $-0.37
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 odds14%
SaferRiskier
SELL 3 × $14 CALL
21 Aug 2026 · 24 DTE · bid $0.23 / mid $0.32 · $69 this cycle
54.9% OTM
Survival (OTM)
86%
Income / mo
$86
Annualized
39%
EV / cycle
+$22
If assigned
-$385,731
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.88/share ($564 total). Monte-Carlo central case: challenged near day 14 at spot $14.66.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
31d
-$0.57
$-0.87 to $-0.37
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 odds36%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 10 DTE · bid $0.32 / mid $0.56 · $96 this cycle
10.6% OTM
Survival (OTM)
64%
Income / mo
$288
Annualized
129%
EV / cycle
-$50
If assigned
-$386,904
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $0.90/share ($270 total). Monte-Carlo central case: challenged near day 4 at spot $10.54.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
17d
+$0.19
$-0.00 to $0.14
69%
56%
Ss Escape
$11.96
38d
+$0.07
$-0.30 to $-0.03
78%
73%
Reliable Up
$10.46
31d
+$0.30
$0.00 to $0.22
72%
62%
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
54.9% 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 $2.00/share ($601 total). Monte-Carlo central case: challenged near day 17 at spot $14.69.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
38d
-$0.63
$-0.96 to $-0.46
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
54.9% 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 $2.00/share ($601 total). Monte-Carlo central case: challenged near day 17 at spot $14.69.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
38d
-$0.63
$-0.96 to $-0.46
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 $11 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,406 (premium included).