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 $10 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,826 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 8 DTE · bid $0.08 / mid $0.34 · $24 this cycle
24.7% OTM
Survival (OTM)
80%
Income / mo
$90
Annualized
43%
EV / cycle
-$20
If assigned
-$386,826
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $0.97/share ($290 total). Monte-Carlo central case: challenged near day 5 at spot $11.08.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
15d
-$0.25
$-0.61 to $-0.20
65%
55%
Ss Escape
$12.58
43d
+$0.11
$-0.28 to $0.17
78%
73%
Safety Up
$13.08
43d
-$0.01
$-0.41 to $0.05
80%
75%
Reliable Up
$12.08
43d
+$0.23
$-0.14 to $0.30
76%
70%
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 $386,370 (premium included).
Called-away odds15%
SaferRiskier
SELL 3 × $12 CALL
14 Aug 2026 · 15 DTE · bid $0.10 / mid $0.38 · $30 this cycle
42.5% OTM
Survival (OTM)
85%
Income / mo
$60
Annualized
29%
EV / cycle
-$9
If assigned
-$386,370
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.36/share ($409 total). Monte-Carlo central case: challenged near day 9 at spot $12.61.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$12.00
22d
-$0.44
$-0.74 to $-0.36
66%
56%
Ss Escape
$13.08
43d
+$0.05
$-0.25 to $0.18
74%
66%
Reliable Up
$12.58
43d
+$0.20
$-0.08 to $0.35
72%
63%
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 $387,066 (premium included).
Called-away odds32%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 8 DTE · bid $0.28 / mid $0.54 · $84 this cycle
12.8% OTM
Survival (OTM)
68%
Income / mo
$315
Annualized
152%
EV / cycle
-$12
If assigned
-$387,066
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $0.87/share ($262 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
15d
-$0.21
$-0.58 to $-0.30
65%
56%
Ss Escape
$11.58
43d
+$0.10
$-0.31 to $0.01
79%
74%
Safety Up
$13.58
43d
-$0.26
$-0.74 to $-0.38
85%
83%
Reliable Up
$10.58
43d
+$0.37
$-0.00 to $0.29
75%
68%
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 $386,028 (premium included).
If challenged near half-life, buying the call back costs about $2.09/share ($628 total). Monte-Carlo central case: challenged near day 19 at spot $13.64.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
43d
-$0.50
$-0.80 to $-0.41
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 $386,028 (premium included).
If challenged near half-life, buying the call back costs about $2.09/share ($628 total). Monte-Carlo central case: challenged near day 19 at spot $13.64.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$13.00
43d
-$0.50
$-0.80 to $-0.41
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 $386,686 (premium included).