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 $16 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,143 (premium included).
If challenged near half-life, buying the call back costs about $1.11/share ($332 total). Monte-Carlo central case: challenged near day 5 at spot $16.70.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$16.00
15d
+$0.00
$-0.22 to $0.14
66%
54%
Ss Escape
$19.26
43d
+$0.01
$-0.38 to $0.13
78%
74%
Safety Up
$20.76
43d
-$0.18
$-0.61 to $-0.07
82%
79%
Reliable Up
$18.26
43d
+$0.30
$-0.04 to $0.45
76%
70%
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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,970 (premium included).
Called-away odds8%
SaferRiskier
SELL 3 × $20 CALL
2 Oct 2026 · 15 DTE · bid $0.10 / mid $0.22 · $30 this cycle
57.0% OTM
Survival (OTM)
92%
Income / mo
$60
Annualized
19%
EV / cycle
+$11
If assigned
-$383,970
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.74/share ($522 total). Monte-Carlo central case: challenged near day 11 at spot $20.87.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
22d
-$0.39
$-0.57 to $-0.08
66%
54%
Ss Escape
$21.76
43d
+$0.04
$-0.21 to $0.38
73%
66%
Reliable Up
$21.26
43d
+$0.21
$0.01 to $0.58
72%
64%
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 $14 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,656 (premium included).
If challenged near half-life, buying the call back costs about $0.97/share ($290 total). Monte-Carlo central case: challenged near day 3 at spot $14.60.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.00
15d
+$0.05
$-0.25 to $-0.01
66%
55%
Ss Escape
$17.26
43d
+$0.02
$-0.46 to $-0.10
79%
75%
Safety Up
$21.26
43d
-$0.45
$-1.02 to $-0.60
87%
86%
Reliable Up
$15.76
43d
+$0.49
$0.09 to $0.40
75%
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 $19 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,153 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $19 CALL
23 Oct 2026 · 36 DTE · bid $0.49 / mid $0.75 · $147 this cycle
49.1% OTM
Survival (OTM)
80%
Income / mo
$122
Annualized
39%
EV / cycle
+$16
If assigned
-$384,153
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 20 at spot $19.78.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$19.00
43d
-$0.56
$-0.86 to $-0.38
68%
56%
Ss Escape
$17.76
43d
+$0.02
$-0.22 to $0.28
64%
47%
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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,895 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $20 CALL
23 Oct 2026 · 36 DTE · bid $0.35 / mid $0.62 · $105 this cycle
57.0% OTM
Survival (OTM)
83%
Income / mo
$88
Annualized
28%
EV / cycle
-$0
If assigned
-$383,895
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.53/share ($760 total). Monte-Carlo central case: challenged near day 20 at spot $20.85.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
43d
-$0.64
$-0.94 to $-0.47
67%
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 $14 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $385,278 (premium included).
Called-away odds38%
SaferRiskier
SELL 3 × $14 CALL
23 Oct 2026 · 36 DTE · bid $1.24 / mid $1.48 · $372 this cycle
13.8% OTM
Survival (OTM)
62%
Income / mo
$310
Annualized
99%
EV / cycle
+$51
If assigned
-$385,278
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.84/share ($551 total). Monte-Carlo central case: challenged near day 10 at spot $15.11.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$14.50
43d
-$0.26
$-0.60 to $-0.42
68%
57%
Ss Escape
$13.76
43d
+$0.05
$-0.27 to $-0.10
65%
51%
Safety Up
$18.76
43d
-$1.21
$-1.75 to $-1.47
83%
81%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.