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 $18 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,510 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $18 CALL
2 Oct 2026 · 16 DTE · bid $0.30 / mid $0.53 · $90 this cycle
32.3% OTM
Survival (OTM)
82%
Income / mo
$169
Annualized
50%
EV / cycle
+$13
If assigned
-$384,510
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.77/share ($532 total). Monte-Carlo central case: challenged near day 9 at spot $18.80.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$18.00
23d
-$0.21
$-0.51 to $-0.10
67%
55%
Ss Escape
$19.89
44d
+$0.18
$-0.21 to $0.31
75%
67%
Safety Up
$20.89
44d
-$0.13
$-0.57 to $-0.03
77%
71%
Reliable Up
$19.39
44d
+$0.38
$0.02 to $0.51
74%
65%
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 $384,270 (premium included).
If challenged near half-life, buying the call back costs about $1.57/share ($472 total). Monte-Carlo central case: challenged near day 7 at spot $19.86.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$19.00
16d
-$0.09
$-0.34 to $0.25
67%
55%
Ss Escape
$22.39
44d
+$0.07
$-0.37 to $0.46
78%
72%
Safety Up
$22.89
44d
-$0.06
$-0.52 to $0.33
79%
74%
Reliable Up
$21.89
44d
+$0.26
$-0.14 to $0.66
77%
71%
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 $385,302 (premium included).
If challenged near half-life, buying the call back costs about $1.24/share ($373 total). Monte-Carlo central case: challenged near day 4 at spot $15.67.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
16d
+$0.04
$-0.34 to $-0.06
68%
55%
Ss Escape
$18.39
44d
+$0.08
$-0.51 to $-0.08
79%
75%
Safety Up
$22.39
44d
-$0.58
$-1.32 to $-0.80
87%
86%
Reliable Up
$16.89
44d
+$0.55
$0.03 to $0.41
76%
69%
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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,859 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $20 CALL
16 Oct 2026 · 30 DTE · bid $0.47 / mid $0.69 · $141 this cycle
47.0% OTM
Survival (OTM)
81%
Income / mo
$141
Annualized
42%
EV / cycle
+$25
If assigned
-$383,859
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.60/share ($779 total). Monte-Carlo central case: challenged near day 16 at spot $20.90.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
37d
-$0.58
$-0.95 to $-0.44
68%
56%
Ss Escape
$18.89
44d
+$0.22
$-0.12 to $0.46
66%
50%
Safety Up
$20.89
44d
-$0.45
$-0.86 to $-0.31
72%
62%
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 $383,598 (premium included).
Called-away odds14%
SaferRiskier
SELL 3 × $21 CALL
16 Oct 2026 · 30 DTE · bid $0.34 / mid $0.58 · $102 this cycle
54.3% OTM
Survival (OTM)
86%
Income / mo
$102
Annualized
30%
EV / cycle
+$34
If assigned
-$383,598
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.73/share ($818 total). Monte-Carlo central case: challenged near day 17 at spot $21.97.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
37d
-$0.66
$-0.99 to $-0.45
68%
56%
Ss Escape
$19.89
44d
+$0.15
$-0.14 to $0.49
66%
50%
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 $384,840 (premium included).
Called-away odds35%
SaferRiskier
SELL 3 × $16 CALL
16 Oct 2026 · 30 DTE · bid $1.20 / mid $1.44 · $360 this cycle
17.6% OTM
Survival (OTM)
65%
Income / mo
$360
Annualized
107%
EV / cycle
+$69
If assigned
-$384,840
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.08/share ($623 total). Monte-Carlo central case: challenged near day 10 at spot $16.70.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$16.00
37d
-$0.31
$-0.73 to $-0.45
69%
57%
Ss Escape
$15.89
44d
+$0.16
$-0.24 to $0.03
70%
57%
Safety Up
$20.39
44d
-$1.19
$-1.86 to $-1.44
82%
79%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.