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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,946 (premium included).
If challenged near half-life, buying the call back costs about $1.29/share ($386 total). Monte-Carlo central case: challenged near day 5 at spot $20.92.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
14d
+$0.05
$-0.25 to $0.22
66%
54%
Ss Escape
$23.92
35d
+$0.25
$-0.21 to $0.41
80%
75%
Safety Up
$25.92
42d
-$0.11
$-0.67 to $0.01
82%
79%
Reliable Up
$23.42
42d
+$0.53
$0.11 to $0.71
78%
72%
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 $383,682 (premium included).
If challenged near half-life, buying the call back costs about $1.35/share ($406 total). Monte-Carlo central case: challenged near day 5 at spot $21.81.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
14d
+$0.02
$-0.15 to $0.34
66%
54%
Ss Escape
$24.92
35d
+$0.26
$-0.00 to $0.57
79%
74%
Safety Up
$25.92
42d
-$0.01
$-0.32 to $0.30
81%
77%
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 $384,558 (premium included).
If challenged near half-life, buying the call back costs about $1.13/share ($338 total). Monte-Carlo central case: challenged near day 3 at spot $18.23.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$17.50
14d
+$0.10
$-0.29 to $0.00
67%
54%
Ss Escape
$21.42
35d
+$0.22
$-0.32 to $0.08
80%
76%
Safety Up
$26.42
42d
-$0.50
$-1.24 to $-0.71
88%
87%
Reliable Up
$20.92
42d
+$0.48
$-0.04 to $0.36
79%
74%
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 $25 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,314 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $25 CALL
30 Oct 2026 · 42 DTE · bid $0.62 / mid $0.83 · $186 this cycle
55.5% OTM
Survival (OTM)
81%
Income / mo
$133
Annualized
34%
EV / cycle
+$31
If assigned
-$382,314
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 $25 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,380 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $25 CALL
23 Oct 2026 · 35 DTE · bid $0.40 / mid $0.65 · $120 this cycle
55.5% OTM
Survival (OTM)
83%
Income / mo
$103
Annualized
26%
EV / cycle
+$3
If assigned
-$382,380
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.20/share ($960 total). Monte-Carlo central case: challenged near day 21 at spot $25.98.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.00
42d
-$0.77
$-1.11 to $-0.39
68%
56%
Ss Escape
$23.42
42d
+$0.03
$-0.21 to $0.55
64%
47%
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 $384,027 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $18 CALL
23 Oct 2026 · 35 DTE · bid $1.41 / mid $1.71 · $423 this cycle
15.0% OTM
Survival (OTM)
63%
Income / mo
$363
Annualized
91%
EV / cycle
+$39
If assigned
-$384,027
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.37/share ($711 total). Monte-Carlo central case: challenged near day 11 at spot $19.25.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$18.50
42d
-$0.31
$-0.74 to $-0.48
69%
56%
Ss Escape
$17.42
42d
+$0.20
$-0.18 to $0.05
66%
49%
Safety Up
$21.92
42d
-$1.21
$-1.74 to $-1.45
80%
75%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.