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 $12 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,250 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $12 CALL
21 Aug 2026 · 24 DTE · bid $0.50 / mid $0.56 · $150 this cycle
42.0% OTM
Survival (OTM)
81%
Income / mo
$188
Annualized
90%
EV / cycle
+$83
If assigned
-$386,250
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.02/share ($605 total). Monte-Carlo central case: challenged near day 13 at spot $12.62.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.00
31d
-$0.65
$-1.06 to $-0.55
69%
56%
Safety Up
$12.05
38d
-$0.43
$-0.86 to $-0.31
70%
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 $13 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,085 (premium included).
Called-away odds12%
SaferRiskier
SELL 3 × $13 CALL
14 Aug 2026 · 17 DTE · bid $0.05 / mid $0.33 · $15 this cycle
53.8% OTM
Survival (OTM)
88%
Income / mo
$26
Annualized
13%
EV / cycle
-$15
If assigned
-$386,085
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.20/share ($659 total). Monte-Carlo central case: challenged near day 11 at spot $13.72.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
24d
-$0.86
$-1.29 to $-0.61
69%
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 $386,982 (premium included).
Called-away odds34%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 10 DTE · bid $0.56 / mid $0.86 · $168 this cycle
12.4% OTM
Survival (OTM)
66%
Income / mo
$504
Annualized
242%
EV / cycle
+$45
If assigned
-$386,982
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.34/share ($401 total). Monte-Carlo central case: challenged near day 4 at spot $10.04.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$9.50
17d
-$0.31
$-0.83 to $-0.47
69%
56%
Ss Escape
$10.05
38d
+$0.04
$-0.56 to $-0.14
74%
64%
Safety Up
$12.05
38d
-$0.35
$-1.01 to $-0.55
82%
77%
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 $13 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,010 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $13 CALL
28 Aug 2026 · 31 DTE · bid $0.30 / mid $0.47 · $90 this cycle
53.8% OTM
Survival (OTM)
82%
Income / mo
$87
Annualized
42%
EV / cycle
+$17
If assigned
-$386,010
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.30/share ($691 total). Monte-Carlo central case: challenged near day 17 at spot $13.61.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
38d
-$0.74
$-1.10 to $-0.56
69%
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 $13 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,010 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $13 CALL
28 Aug 2026 · 31 DTE · bid $0.30 / mid $0.47 · $90 this cycle
53.8% OTM
Survival (OTM)
82%
Income / mo
$87
Annualized
42%
EV / cycle
+$17
If assigned
-$386,010
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.30/share ($691 total). Monte-Carlo central case: challenged near day 17 at spot $13.61.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
38d
-$0.74
$-1.10 to $-0.56
69%
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 $386,658 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $10 CALL
28 Aug 2026 · 31 DTE · bid $1.14 / mid $1.26 · $342 this cycle
18.3% OTM
Survival (OTM)
64%
Income / mo
$331
Annualized
159%
EV / cycle
+$135
If assigned
-$386,658
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.77/share ($531 total). Monte-Carlo central case: challenged near day 10 at spot $10.50.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
38d
-$0.44
$-0.87 to $-0.61
70%
57%
Safety Up
$12.55
38d
-$1.04
$-1.52 to $-1.24
83%
79%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.