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 $21 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,535 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $21 CALL
16 Oct 2026 · 30 DTE · bid $0.55 / mid $0.62 · $165 this cycle
54.3% OTM
Survival (OTM)
84%
Income / mo
$165
Annualized
49%
EV / cycle
+$73
If assigned
-$383,535
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.58/share ($775 total). Monte-Carlo central case: challenged near day 17 at spot $21.98.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
37d
-$0.55
$-0.86 to $-0.33
68%
56%
Ss Escape
$19.89
44d
+$0.21
$-0.06 to $0.55
65%
50%
Safety Up
$21.39
44d
-$0.39
$-0.74 to $-0.14
69%
59%
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 $1.39/share ($418 total). Monte-Carlo central case: challenged near day 7 at spot $19.84.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$19.00
16d
-$0.08
$-0.31 to $0.22
66%
55%
Ss Escape
$22.89
44d
+$0.02
$-0.37 to $0.37
78%
74%
Safety Up
$23.39
44d
-$0.08
$-0.49 to $0.26
79%
76%
Reliable Up
$22.39
44d
+$0.15
$-0.21 to $0.50
77%
72%
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 $385,356 (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 4 at spot $15.67.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$15.00
16d
+$0.03
$-0.31 to $-0.06
66%
55%
Ss Escape
$18.89
44d
+$0.03
$-0.50 to $-0.12
80%
76%
Safety Up
$21.39
44d
-$0.39
$-1.01 to $-0.57
85%
83%
Reliable Up
$17.39
44d
+$0.38
$-0.10 to $0.25
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 $21 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,535 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $21 CALL
16 Oct 2026 · 30 DTE · bid $0.55 / mid $0.62 · $165 this cycle
54.3% OTM
Survival (OTM)
84%
Income / mo
$165
Annualized
49%
EV / cycle
+$73
If assigned
-$383,535
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.58/share ($775 total). Monte-Carlo central case: challenged near day 17 at spot $21.98.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
37d
-$0.55
$-0.86 to $-0.33
68%
56%
Ss Escape
$19.89
44d
+$0.21
$-0.06 to $0.55
65%
50%
Safety Up
$21.39
44d
-$0.39
$-0.74 to $-0.14
69%
59%
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 $383,535 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $21 CALL
16 Oct 2026 · 30 DTE · bid $0.55 / mid $0.62 · $165 this cycle
54.3% OTM
Survival (OTM)
84%
Income / mo
$165
Annualized
49%
EV / cycle
+$73
If assigned
-$383,535
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.58/share ($775 total). Monte-Carlo central case: challenged near day 17 at spot $21.98.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
37d
-$0.55
$-0.86 to $-0.33
68%
56%
Ss Escape
$19.89
44d
+$0.21
$-0.06 to $0.55
65%
50%
Safety Up
$21.39
44d
-$0.39
$-0.74 to $-0.14
69%
59%
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 $384,822 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $16 CALL
23 Oct 2026 · 37 DTE · bid $1.26 / mid $1.54 · $378 this cycle
17.6% OTM
Survival (OTM)
64%
Income / mo
$306
Annualized
91%
EV / cycle
+$22
If assigned
-$384,822
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.09/share ($627 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
44d
-$0.21
$-0.55 to $-0.35
69%
57%
Ss Escape
$15.39
44d
+$0.01
$-0.32 to $-0.12
67%
53%
Safety Up
$19.39
44d
-$1.18
$-1.70 to $-1.41
79%
76%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.