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 $384,210 (premium included).
If challenged near half-life, buying the call back costs about $1.28/share ($384 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
+$0.14
$-0.12 to $0.28
67%
54%
Up And Out
$19.19
14d
+$0.05
$-0.22 to $0.18
68%
56%
Ss Escape
$23.69
42d
+$0.21
$-0.24 to $0.31
80%
76%
Safety Up
$25.69
42d
-$0.15
$-0.65 to $-0.06
83%
81%
Reliable Up
$22.69
42d
+$0.43
$0.02 to $0.55
78%
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 $24 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,764 (premium included).
Called-away odds12%
SaferRiskier
SELL 3 × $24 CALL
2 Oct 2026 · 21 DTE · bid $0.12 / mid $0.37 · $36 this cycle
56.8% OTM
Survival (OTM)
88%
Income / mo
$51
Annualized
14%
EV / cycle
-$21
If assigned
-$382,764
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.61/share ($784 total). Monte-Carlo central case: challenged near day 14 at spot $25.06.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
28d
-$0.48
$-0.71 to $-0.08
67%
55%
Ss Escape
$24.19
42d
+$0.22
$-0.02 to $0.74
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 $16 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,813 (premium included).
If challenged near half-life, buying the call back costs about $1.11/share ($333 total). Monte-Carlo central case: challenged near day 3 at spot $17.34.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$16.50
14d
+$0.18
$-0.20 to $0.08
67%
55%
Up And Out
$16.69
14d
+$0.10
$-0.31 to $-0.01
68%
57%
Ss Escape
$21.19
42d
+$0.18
$-0.47 to $-0.01
81%
78%
Safety Up
$24.19
28d
-$0.75
$-1.61 to $-1.00
89%
88%
Reliable Up
$19.69
42d
+$0.45
$-0.14 to $0.28
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 $382,587 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $24 CALL
23 Oct 2026 · 42 DTE · bid $0.71 / mid $0.99 · $213 this cycle
56.8% OTM
Survival (OTM)
80%
Income / mo
$152
Annualized
40%
EV / cycle
+$32
If assigned
-$382,587
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.
Ultra SafeDeepest OTM, lowest called-away odds▾
Strike $24 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,638 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $24 CALL
16 Oct 2026 · 35 DTE · bid $0.54 / mid $0.83 · $162 this cycle
56.8% OTM
Survival (OTM)
81%
Income / mo
$139
Annualized
37%
EV / cycle
+$11
If assigned
-$382,638
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.29/share ($988 total). Monte-Carlo central case: challenged near day 20 at spot $25.06.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
42d
-$0.72
$-1.13 to $-0.47
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 $18 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,162 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $18 CALL
16 Oct 2026 · 35 DTE · bid $1.46 / mid $1.81 · $438 this cycle
17.6% OTM
Survival (OTM)
64%
Income / mo
$375
Annualized
99%
EV / cycle
+$38
If assigned
-$384,162
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.47/share ($741 total). Monte-Carlo central case: challenged near day 11 at spot $18.83.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$18.00
42d
-$0.30
$-0.73 to $-0.46
69%
57%
Ss Escape
$17.19
42d
+$0.00
$-0.41 to $-0.14
67%
52%
Safety Up
$21.69
42d
-$1.36
$-2.00 to $-1.62
80%
76%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.