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 $22 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,283 (premium included).
If challenged near half-life, buying the call back costs about $1.28/share ($383 total). Monte-Carlo central case: challenged near day 4 at spot $22.97.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
13d
+$0.35
$0.07 to $0.47
67%
54%
Up And Out
$22.85
13d
+$0.03
$-0.34 to $0.12
70%
61%
Ss Escape
$28.35
41d
+$0.19
$-0.41 to $0.26
81%
78%
Safety Up
$31.35
34d
-$0.25
$-0.90 to $-0.20
87%
85%
Reliable Up
$27.35
41d
+$0.40
$-0.16 to $0.48
80%
76%
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 $26 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,170 (premium included).
If challenged near half-life, buying the call back costs about $1.51/share ($453 total). Monte-Carlo central case: challenged near day 5 at spot $27.03.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$26.00
13d
+$0.29
$0.23 to $0.70
67%
54%
Up And Out
$26.35
13d
+$0.15
$0.05 to $0.55
68%
57%
Ss Escape
$32.35
41d
+$0.22
$-0.03 to $0.68
80%
77%
Safety Up
$33.35
41d
-$0.00
$-0.29 to $0.45
81%
78%
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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,730 (premium included).
If challenged near half-life, buying the call back costs about $1.16/share ($348 total). Monte-Carlo central case: challenged near day 3 at spot $20.89.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
13d
+$0.37
$0.02 to $0.29
67%
54%
Up And Out
$20.85
13d
+$0.05
$-0.40 to $-0.07
71%
62%
Ss Escape
$26.35
41d
+$0.16
$-0.53 to $-0.02
82%
79%
Safety Up
$29.35
27d
-$0.70
$-1.52 to $-0.92
91%
90%
Reliable Up
$24.35
41d
+$0.55
$-0.07 to $0.38
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 $28 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,324 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $28 CALL
23 Oct 2026 · 34 DTE · bid $0.92 / mid $1.03 · $276 this cycle
50.1% OTM
Survival (OTM)
81%
Income / mo
$244
Annualized
53%
EV / cycle
+$103
If assigned
-$381,324
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.50/share ($1,049 total). Monte-Carlo central case: challenged near day 19 at spot $29.13.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$28.00
41d
-$0.60
$-0.98 to $-0.28
68%
56%
Ss Escape
$26.35
41d
+$0.06
$-0.27 to $0.51
64%
48%
Safety Up
$28.85
41d
-$0.90
$-1.31 to $-0.62
70%
60%
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 $29 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,117 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $29 CALL
23 Oct 2026 · 34 DTE · bid $0.61 / mid $0.86 · $183 this cycle
55.5% OTM
Survival (OTM)
83%
Income / mo
$161
Annualized
35%
EV / cycle
+$33
If assigned
-$381,117
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.62/share ($1,087 total). Monte-Carlo central case: challenged near day 20 at spot $30.22.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$29.00
41d
-$0.67
$-1.04 to $-0.34
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 $22 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,902 (premium included).
Called-away odds35%
SaferRiskier
SELL 3 × $22 CALL
23 Oct 2026 · 34 DTE · bid $1.66 / mid $1.98 · $498 this cycle
18.0% OTM
Survival (OTM)
65%
Income / mo
$439
Annualized
96%
EV / cycle
+$67
If assigned
-$382,902
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.75/share ($824 total). Monte-Carlo central case: challenged near day 11 at spot $22.91.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
41d
-$0.23
$-0.65 to $-0.38
69%
57%
Ss Escape
$21.35
41d
+$0.05
$-0.35 to $-0.08
67%
53%
Safety Up
$27.35
41d
-$1.65
$-2.35 to $-1.94
81%
78%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.