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 $19 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,237 (premium included).
If challenged near half-life, buying the call back costs about $1.52/share ($455 total). Monte-Carlo central case: challenged near day 4 at spot $19.87.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$19.00
14d
+$0.11
$-0.27 to $0.24
68%
55%
Up And Out
$19.20
14d
+$0.02
$-0.37 to $0.13
69%
56%
Ss Escape
$24.20
42d
+$0.04
$-0.61 to $0.12
81%
77%
Safety Up
$25.20
42d
-$0.13
$-0.81 to $-0.06
83%
80%
Reliable Up
$22.20
42d
+$0.56
$0.00 to $0.66
78%
72%
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 $25 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,485 (premium included).
If challenged near half-life, buying the call back costs about $1.36/share ($407 total). Monte-Carlo central case: challenged near day 3 at spot $17.80.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$17.00
14d
+$0.16
$-0.34 to $0.03
68%
55%
Up And Out
$17.20
14d
+$0.07
$-0.45 to $-0.07
69%
57%
Ss Escape
$22.20
42d
+$0.03
$-0.80 to $-0.21
82%
79%
Safety Up
$26.20
42d
-$0.54
$-1.49 to $-0.81
88%
86%
Reliable Up
$20.20
42d
+$0.51
$-0.21 to $0.31
78%
73%
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 $24 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,578 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $24 CALL
9 Oct 2026 · 35 DTE · bid $0.74 / mid $1.04 · $222 this cycle
51.9% OTM
Survival (OTM)
80%
Income / mo
$190
Annualized
49%
EV / cycle
+$51
If assigned
-$382,578
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.50/share ($1,050 total). Monte-Carlo central case: challenged near day 19 at spot $25.05.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
42d
-$0.69
$-1.13 to $-0.39
70%
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 $25 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,308 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $25 CALL
9 Oct 2026 · 35 DTE · bid $0.64 / mid $0.95 · $192 this cycle
58.2% OTM
Survival (OTM)
82%
Income / mo
$165
Annualized
42%
EV / cycle
+$43
If assigned
-$382,308
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.65/share ($1,094 total). Monte-Carlo central case: challenged near day 20 at spot $26.04.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.00
42d
-$0.78
$-1.14 to $-0.35
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 $18 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,937 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $18 CALL
9 Oct 2026 · 35 DTE · bid $1.71 / mid $1.96 · $513 this cycle
17.1% OTM
Survival (OTM)
64%
Income / mo
$440
Annualized
113%
EV / cycle
+$107
If assigned
-$383,937
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.70/share ($810 total). Monte-Carlo central case: challenged near day 11 at spot $19.29.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$18.50
42d
-$0.29
$-0.74 to $-0.47
70%
57%
Safety Up
$22.70
42d
-$1.49
$-2.16 to $-1.77
81%
77%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.