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 $17 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,804 (premium included).
If challenged near half-life, buying the call back costs about $1.17/share ($352 total). Monte-Carlo central case: challenged near day 5 at spot $17.76.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$17.00
15d
+$0.08
$-0.16 to $0.21
66%
55%
Ss Escape
$21.26
43d
+$0.01
$-0.40 to $0.12
80%
76%
Safety Up
$22.26
43d
-$0.01
$-0.43 to $0.08
82%
79%
Reliable Up
$19.76
43d
+$0.34
$-0.03 to $0.46
76%
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 $19 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,276 (premium included).
If challenged near half-life, buying the call back costs about $1.31/share ($393 total). Monte-Carlo central case: challenged near day 6 at spot $19.71.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$19.00
15d
+$0.03
$-0.08 to $0.37
66%
54%
Ss Escape
$23.26
43d
+$0.00
$-0.24 to $0.36
79%
75%
Safety Up
$24.26
43d
-$0.02
$-0.26 to $0.33
81%
78%
Reliable Up
$22.76
43d
+$0.10
$-0.12 to $0.47
78%
74%
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 $15 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,308 (premium included).
If challenged near half-life, buying the call back costs about $1.03/share ($310 total). Monte-Carlo central case: challenged near day 3 at spot $15.67.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
15d
+$0.12
$-0.20 to $0.03
67%
55%
Ss Escape
$19.26
43d
+$0.01
$-0.55 to $-0.14
81%
78%
Safety Up
$22.26
36d
-$0.47
$-1.11 to $-0.65
87%
86%
Reliable Up
$17.26
43d
+$0.43
$-0.04 to $0.31
76%
70%
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 $21 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,526 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $21 CALL
16 Oct 2026 · 36 DTE · bid $0.58 / mid $0.85 · $174 this cycle
52.8% OTM
Survival (OTM)
80%
Income / mo
$145
Annualized
43%
EV / cycle
+$17
If assigned
-$383,526
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.78/share ($834 total). Monte-Carlo central case: challenged near day 20 at spot $21.95.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
43d
-$0.61
$-0.95 to $-0.39
68%
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 $21 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,526 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $21 CALL
16 Oct 2026 · 36 DTE · bid $0.58 / mid $0.85 · $174 this cycle
52.8% OTM
Survival (OTM)
80%
Income / mo
$145
Annualized
43%
EV / cycle
+$17
If assigned
-$383,526
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.78/share ($834 total). Monte-Carlo central case: challenged near day 20 at spot $21.95.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
43d
-$0.61
$-0.95 to $-0.39
68%
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 $16 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,828 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $16 CALL
16 Oct 2026 · 36 DTE · bid $1.24 / mid $1.55 · $372 this cycle
16.4% OTM
Survival (OTM)
63%
Income / mo
$310
Annualized
92%
EV / cycle
+$2
If assigned
-$384,828
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.12/share ($635 total). Monte-Carlo central case: challenged near day 11 at spot $16.71.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$16.00
43d
-$0.27
$-0.64 to $-0.43
69%
57%
Ss Escape
$15.26
43d
+$0.24
$-0.03 to $0.15
67%
52%
Safety Up
$19.26
43d
-$1.21
$-1.78 to $-1.47
79%
75%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.