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 $24 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,527 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $24 CALL
2 Oct 2026 · 8 DTE · bid $0.41 / mid $0.67 · $123 this cycle
19.7% OTM
Survival (OTM)
82%
Income / mo
$461
Annualized
91%
EV / cycle
+$55
If assigned
-$382,527
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.64/share ($493 total). Monte-Carlo central case: challenged near day 5 at spot $25.56.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.50
15d
+$0.12
$-0.25 to $0.22
66%
54%
Up And Out
$24.54
15d
+$0.10
$-0.28 to $0.20
66%
55%
Ss Escape
$30.04
36d
+$0.01
$-0.59 to $0.06
80%
76%
Safety Up
$32.04
36d
-$0.39
$-1.09 to $-0.37
83%
80%
Reliable Up
$29.54
43d
+$0.47
$-0.11 to $0.54
79%
74%
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 $382,026 (premium included).
Called-away odds10%
SaferRiskier
SELL 3 × $26 CALL
2 Oct 2026 · 8 DTE · bid $0.08 / mid $0.42 · $24 this cycle
29.5% OTM
Survival (OTM)
90%
Income / mo
$90
Annualized
18%
EV / cycle
-$0
If assigned
-$382,026
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.78/share ($534 total). Monte-Carlo central case: challenged near day 5 at spot $27.74.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$26.50
15d
+$0.07
$-0.25 to $0.25
66%
54%
Up And Out
$26.54
15d
+$0.05
$-0.27 to $0.23
66%
55%
Ss Escape
$32.04
36d
+$0.01
$-0.54 to $0.15
79%
75%
Reliable Up
$32.04
43d
+$0.38
$-0.15 to $0.52
79%
74%
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 $383,184 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $22 CALL
2 Oct 2026 · 8 DTE · bid $0.72 / mid $1.09 · $216 this cycle
7.5% OTM
Survival (OTM)
64%
Income / mo
$810
Annualized
161%
EV / cycle
+$2
If assigned
-$383,184
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.48/share ($443 total). Monte-Carlo central case: challenged near day 3 at spot $23.00.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
15d
+$0.16
$-0.31 to $0.02
66%
55%
Up And Out
$22.04
15d
+$0.14
$-0.34 to $-0.00
67%
55%
Ss Escape
$27.54
36d
+$0.00
$-0.76 to $-0.25
81%
77%
Safety Up
$33.54
36d
-$0.72
$-1.65 to $-1.01
89%
88%
Reliable Up
$26.54
43d
+$0.55
$-0.16 to $0.32
78%
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 $31 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,427 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $31 CALL
30 Oct 2026 · 36 DTE · bid $0.91 / mid $1.20 · $273 this cycle
51.5% OTM
Survival (OTM)
81%
Income / mo
$228
Annualized
45%
EV / cycle
+$69
If assigned
-$380,427
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.97/share ($1,192 total). Monte-Carlo central case: challenged near day 19 at spot $32.22.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$31.00
43d
-$0.71
$-1.18 to $-0.45
68%
56%
Ss Escape
$29.04
43d
+$0.16
$-0.22 to $0.57
65%
48%
Safety Up
$31.54
43d
-$0.75
$-1.20 to $-0.53
70%
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 $32 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,160 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $32 CALL
30 Oct 2026 · 36 DTE · bid $0.80 / mid $1.10 · $240 this cycle
56.4% OTM
Survival (OTM)
82%
Income / mo
$200
Annualized
40%
EV / cycle
+$56
If assigned
-$380,160
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $4.10/share ($1,230 total). Monte-Carlo central case: challenged near day 21 at spot $33.32.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$32.00
43d
-$0.78
$-1.22 to $-0.41
68%
56%
Ss Escape
$30.04
43d
+$0.08
$-0.26 to $0.61
64%
48%
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 $24 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,200 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $24 CALL
30 Oct 2026 · 36 DTE · bid $2.00 / mid $2.28 · $600 this cycle
17.3% OTM
Survival (OTM)
64%
Income / mo
$500
Annualized
99%
EV / cycle
+$99
If assigned
-$382,200
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.08/share ($923 total). Monte-Carlo central case: challenged near day 11 at spot $25.02.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
43d
-$0.27
$-0.77 to $-0.48
69%
57%
Ss Escape
$23.54
43d
+$0.04
$-0.39 to $-0.13
68%
55%
Safety Up
$29.54
43d
-$1.75
$-2.51 to $-2.09
81%
77%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.