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 $13 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,025 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $13 CALL
28 Aug 2026 · 31 DTE · bid $0.25 / mid $0.45 · $75 this cycle
51.5% OTM
Survival (OTM)
81%
Income / mo
$73
Annualized
34%
EV / cycle
-$11
If assigned
-$386,025
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.08/share ($623 total). Monte-Carlo central case: challenged near day 16 at spot $13.65.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
38d
-$0.91
$-1.36 to $-0.82
66%
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 $12 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,220 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $12 CALL
21 Aug 2026 · 24 DTE · bid $0.10 / mid $0.31 · $30 this cycle
45.7% OTM
Survival (OTM)
82%
Income / mo
$38
Annualized
18%
EV / cycle
-$36
If assigned
-$386,220
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.76/share ($527 total). Monte-Carlo central case: challenged near day 13 at spot $13.14.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.50
31d
-$0.70
$-1.07 to $-0.61
66%
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 $387,081 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 10 DTE · bid $0.23 / mid $0.60 · $69 this cycle
10.7% OTM
Survival (OTM)
63%
Income / mo
$207
Annualized
98%
EV / cycle
-$71
If assigned
-$387,081
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.02/share ($307 total). Monte-Carlo central case: challenged near day 4 at spot $10.06.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$9.50
17d
-$0.32
$-0.79 to $-0.49
65%
56%
Ss Escape
$9.42
31d
+$0.04
$-0.43 to $-0.12
67%
58%
Safety Up
$10.42
38d
-$0.22
$-0.77 to $-0.42
72%
67%
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 $386,025 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $13 CALL
28 Aug 2026 · 31 DTE · bid $0.25 / mid $0.45 · $75 this cycle
51.5% OTM
Survival (OTM)
81%
Income / mo
$73
Annualized
34%
EV / cycle
-$11
If assigned
-$386,025
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.08/share ($623 total). Monte-Carlo central case: challenged near day 16 at spot $13.65.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
38d
-$0.91
$-1.36 to $-0.82
66%
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 $386,025 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $13 CALL
28 Aug 2026 · 31 DTE · bid $0.25 / mid $0.45 · $75 this cycle
51.5% OTM
Survival (OTM)
81%
Income / mo
$73
Annualized
34%
EV / cycle
-$11
If assigned
-$386,025
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.08/share ($623 total). Monte-Carlo central case: challenged near day 16 at spot $13.65.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
38d
-$0.91
$-1.36 to $-0.82
66%
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 $386,835 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $10 CALL
28 Aug 2026 · 31 DTE · bid $0.55 / mid $1.00 · $165 this cycle
16.6% OTM
Survival (OTM)
63%
Income / mo
$160
Annualized
75%
EV / cycle
-$68
If assigned
-$386,835
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.60/share ($479 total). Monte-Carlo central case: challenged near day 9 at spot $10.51.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
38d
-$0.61
$-1.09 to $-0.82
67%
57%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.