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 $386,967 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 6 DTE · bid $0.11 / mid $0.18 · $33 this cycle
22.3% OTM
Survival (OTM)
84%
Income / mo
$165
Annualized
82%
EV / cycle
+$11
If assigned
-$386,967
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $0.69/share ($206 total). Monte-Carlo central case: challenged near day 4 at spot $10.45.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.00
13d
-$0.09
$-0.29 to $-0.02
64%
55%
Ss Escape
$11.32
41d
+$0.27
$0.04 to $0.35
75%
69%
Safety Up
$11.82
34d
-$0.06
$-0.33 to $0.01
77%
73%
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 $10 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $386,838 (premium included).
Called-away odds11%
SaferRiskier
SELL 3 × $10 CALL
7 Aug 2026 · 6 DTE · bid $0.04 / mid $0.14 · $12 this cycle
28.4% OTM
Survival (OTM)
89%
Income / mo
$60
Annualized
30%
EV / cycle
-$1
If assigned
-$386,838
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $0.72/share ($216 total). Monte-Carlo central case: challenged near day 4 at spot $11.02.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$10.50
13d
-$0.10
$-0.33 to $-0.01
64%
55%
Ss Escape
$11.82
41d
+$0.27
$0.03 to $0.38
75%
69%
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 $9 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $387,249 (premium included).
Called-away odds31%
SaferRiskier
SELL 3 × $9 CALL
7 Aug 2026 · 6 DTE · bid $0.17 / mid $0.34 · $51 this cycle
10.0% OTM
Survival (OTM)
69%
Income / mo
$255
Annualized
126%
EV / cycle
-$17
If assigned
-$387,249
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $0.62/share ($186 total). Monte-Carlo central case: challenged near day 3 at spot $9.44.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$9.00
13d
-$0.06
$-0.35 to $-0.13
64%
55%
Ss Escape
$10.32
41d
+$0.25
$-0.06 to $0.17
76%
70%
Safety Up
$10.82
34d
-$0.05
$-0.43 to $-0.15
77%
74%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.