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 $383,913 (premium included).
If challenged near half-life, buying the call back costs about $1.61/share ($482 total). Monte-Carlo central case: challenged near day 5 at spot $20.97.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
16d
+$0.05
$-0.23 to $0.20
67%
55%
Ss Escape
$26.22
44d
+$0.03
$-0.47 to $0.13
83%
80%
Safety Up
$28.22
44d
-$0.29
$-0.88 to $-0.21
85%
83%
Reliable Up
$23.22
44d
+$0.35
$-0.12 to $0.47
77%
71%
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 $23 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,037 (premium included).
If challenged near half-life, buying the call back costs about $1.85/share ($555 total). Monte-Carlo central case: challenged near day 7 at spot $24.06.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.00
16d
-$0.05
$-0.19 to $0.34
67%
55%
Ss Escape
$29.22
44d
+$0.02
$-0.31 to $0.43
82%
78%
Reliable Up
$27.22
44d
+$0.21
$-0.10 to $0.63
78%
73%
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 $384,525 (premium included).
If challenged near half-life, buying the call back costs about $1.41/share ($422 total). Monte-Carlo central case: challenged near day 4 at spot $18.37.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$17.50
16d
+$0.11
$-0.26 to $0.02
67%
55%
Up And Out
$17.72
16d
+$0.01
$-0.39 to $-0.10
68%
57%
Ss Escape
$23.72
44d
+$0.01
$-0.62 to $-0.17
84%
81%
Safety Up
$26.72
37d
-$0.65
$-1.43 to $-0.88
88%
87%
Reliable Up
$20.22
44d
+$0.56
$0.02 to $0.40
77%
71%
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 $382,608 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $24 CALL
9 Oct 2026 · 30 DTE · bid $0.64 / mid $0.94 · $192 this cycle
52.1% OTM
Survival (OTM)
82%
Income / mo
$192
Annualized
49%
EV / cycle
+$58
If assigned
-$382,608
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.21/share ($962 total). Monte-Carlo central case: challenged near day 17 at spot $25.08.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
37d
-$0.67
$-1.09 to $-0.39
68%
56%
Ss Escape
$22.72
44d
+$0.26
$-0.12 to $0.71
66%
51%
Safety Up
$24.72
44d
-$0.56
$-1.04 to $-0.24
71%
60%
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 $382,338 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $25 CALL
9 Oct 2026 · 30 DTE · bid $0.54 / mid $0.84 · $162 this cycle
58.4% OTM
Survival (OTM)
84%
Income / mo
$162
Annualized
42%
EV / cycle
+$48
If assigned
-$382,338
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.34/share ($1,002 total). Monte-Carlo central case: challenged near day 18 at spot $26.16.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.00
37d
-$0.75
$-1.13 to $-0.41
68%
56%
Ss Escape
$23.72
44d
+$0.19
$-0.15 to $0.67
66%
51%
Safety Up
$25.22
44d
-$0.45
$-0.86 to $-0.05
69%
58%
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 $384,099 (premium included).
Called-away odds38%
SaferRiskier
SELL 3 × $18 CALL
9 Oct 2026 · 30 DTE · bid $1.67 / mid $1.94 · $501 this cycle
14.1% OTM
Survival (OTM)
62%
Income / mo
$501
Annualized
129%
EV / cycle
+$94
If assigned
-$384,099
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.41/share ($722 total). Monte-Carlo central case: challenged near day 9 at spot $18.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$18.00
37d
-$0.28
$-0.75 to $-0.49
69%
57%
Ss Escape
$17.72
44d
+$0.12
$-0.40 to $-0.12
69%
57%
Safety Up
$26.22
44d
-$1.60
$-2.42 to $-1.97
88%
86%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.