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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,871 (premium included).
If challenged near half-life, buying the call back costs about $1.22/share ($367 total). Monte-Carlo central case: challenged near day 4 at spot $20.90.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
13d
+$0.32
$0.05 to $0.44
67%
55%
Up And Out
$21.03
13d
+$0.12
$-0.17 to $0.22
73%
63%
Ss Escape
$27.03
41d
+$0.15
$-0.38 to $0.23
83%
81%
Safety Up
$30.03
41d
-$0.25
$-0.87 to $-0.21
87%
86%
Reliable Up
$25.03
41d
+$0.46
$-0.02 to $0.55
80%
76%
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 $382,473 (premium included).
If challenged near half-life, buying the call back costs about $1.53/share ($458 total). Monte-Carlo central case: challenged near day 5 at spot $26.01.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.00
13d
+$0.24
$0.14 to $0.64
67%
54%
Up And Out
$26.03
13d
+$0.06
$-0.06 to $0.43
72%
62%
Ss Escape
$33.03
41d
+$0.02
$-0.33 to $0.44
83%
80%
Reliable Up
$32.03
41d
+$0.19
$-0.12 to $0.62
82%
78%
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 $384,363 (premium included).
If challenged near half-life, buying the call back costs about $1.10/share ($330 total). Monte-Carlo central case: challenged near day 2 at spot $18.87.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$18.00
13d
+$0.34
$-0.03 to $0.23
67%
55%
Up And Out
$19.03
13d
+$0.13
$-0.26 to $0.01
73%
64%
Ss Escape
$25.03
41d
+$0.11
$-0.58 to $-0.09
84%
82%
Safety Up
$28.03
27d
-$0.74
$-1.60 to $-1.00
90%
90%
Reliable Up
$22.03
41d
+$0.61
$0.01 to $0.43
79%
74%
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 $26 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,984 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $26 CALL
9 Oct 2026 · 34 DTE · bid $0.72 / mid $0.94 · $216 this cycle
53.2% OTM
Survival (OTM)
81%
Income / mo
$191
Annualized
46%
EV / cycle
+$45
If assigned
-$381,984
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.39/share ($1,016 total). Monte-Carlo central case: challenged near day 19 at spot $27.18.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$26.00
41d
-$0.52
$-0.88 to $-0.28
69%
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 $27 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,726 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $27 CALL
9 Oct 2026 · 34 DTE · bid $0.58 / mid $0.82 · $174 this cycle
59.1% OTM
Survival (OTM)
83%
Income / mo
$154
Annualized
37%
EV / cycle
+$25
If assigned
-$381,726
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.52/share ($1,055 total). Monte-Carlo central case: challenged near day 20 at spot $28.12.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$27.00
41d
-$0.60
$-0.93 to $-0.24
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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,505 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $20 CALL
9 Oct 2026 · 34 DTE · bid $1.65 / mid $1.95 · $495 this cycle
17.9% OTM
Survival (OTM)
64%
Income / mo
$437
Annualized
104%
EV / cycle
+$64
If assigned
-$383,505
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.60/share ($781 total). Monte-Carlo central case: challenged near day 10 at spot $20.87.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
41d
-$0.16
$-0.55 to $-0.32
69%
57%
Ss Escape
$19.03
41d
+$0.27
$-0.09 to $0.15
67%
51%
Safety Up
$25.03
41d
-$1.50
$-2.13 to $-1.78
82%
78%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.