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 $382,560 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $24 CALL
2 Oct 2026 · 7 DTE · bid $0.30 / mid $0.58 · $90 this cycle
18.8% OTM
Survival (OTM)
80%
Income / mo
$386
Annualized
76%
EV / cycle
+$11
If assigned
-$382,560
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.53/share ($458 total). Monte-Carlo central case: challenged near day 4 at spot $25.51.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.50
14d
+$0.30
$-0.02 to $0.43
67%
54%
Up And Out
$24.87
14d
+$0.14
$-0.20 to $0.25
69%
57%
Ss Escape
$29.87
35d
+$0.12
$-0.47 to $0.19
80%
76%
Safety Up
$31.87
35d
-$0.24
$-0.91 to $-0.20
83%
80%
Reliable Up
$29.87
42d
+$0.58
$0.01 to $0.66
79%
75%
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 $33 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,073 (premium included).
Called-away odds0%
SaferRiskier
SELL 3 × $33 CALL
2 Oct 2026 · 7 DTE · bid $0.09 / mid $0.20 · $27 this cycle
60.0% OTM
Survival (OTM)
99+%
Income / mo
$116
Annualized
23%
EV / cycle
+$27
If assigned
-$380,073
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.06/share ($617 total).
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$33.00
14d
+$0.07
-
67%
54%
Ss Escape
$38.37
35d
+$0.06
-
78%
73%
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 $383,139 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $22 CALL
2 Oct 2026 · 7 DTE · bid $0.87 / mid $1.09 · $261 this cycle
6.6% OTM
Survival (OTM)
63%
Income / mo
$1,119
Annualized
220%
EV / cycle
+$43
If assigned
-$383,139
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.37/share ($412 total). Monte-Carlo central case: challenged near day 3 at spot $22.94.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
14d
+$0.33
$-0.08 to $0.20
68%
54%
Up And Out
$22.37
14d
+$0.18
$-0.26 to $0.03
69%
57%
Ss Escape
$27.37
35d
+$0.10
$-0.62 to $-0.14
81%
77%
Safety Up
$33.37
35d
-$0.74
$-1.68 to $-1.05
88%
87%
Reliable Up
$26.87
42d
+$0.60
$-0.08 to $0.37
79%
75%
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 $380,463 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $31 CALL
30 Oct 2026 · 35 DTE · bid $0.79 / mid $1.06 · $237 this cycle
50.3% OTM
Survival (OTM)
81%
Income / mo
$203
Annualized
40%
EV / cycle
+$36
If assigned
-$380,463
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.85/share ($1,155 total). Monte-Carlo central case: challenged near day 19 at spot $32.29.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$31.00
42d
-$0.62
$-1.04 to $-0.34
68%
56%
Ss Escape
$29.37
42d
+$0.09
$-0.25 to $0.50
65%
49%
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 $380,202 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $32 CALL
30 Oct 2026 · 35 DTE · bid $0.66 / mid $0.97 · $198 this cycle
55.1% OTM
Survival (OTM)
82%
Income / mo
$170
Annualized
33%
EV / cycle
+$13
If assigned
-$380,202
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 20 at spot $33.30.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$32.00
42d
-$0.70
$-1.05 to $-0.31
68%
56%
Ss Escape
$30.37
42d
+$0.01
$-0.27 to $0.53
65%
49%
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 $382,209 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $24 CALL
30 Oct 2026 · 35 DTE · bid $1.97 / mid $2.25 · $591 this cycle
16.3% OTM
Survival (OTM)
64%
Income / mo
$507
Annualized
100%
EV / cycle
+$106
If assigned
-$382,209
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.98/share ($894 total). Monte-Carlo central case: challenged near day 11 at spot $24.98.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
42d
-$0.20
$-0.65 to $-0.36
69%
57%
Ss Escape
$23.37
42d
+$0.09
$-0.33 to $-0.06
68%
53%
Safety Up
$29.37
42d
-$1.59
$-2.27 to $-1.88
81%
77%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.