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 $382,731 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $24 CALL
2 Oct 2026 · 7 DTE · bid $0.23 / mid $0.40 · $69 this cycle
20.1% OTM
Survival (OTM)
82%
Income / mo
$296
Annualized
60%
EV / cycle
+$1
If assigned
-$382,731
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.37/share ($410 total). Monte-Carlo central case: challenged near day 5 at spot $24.97.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
14d
+$0.22
$-0.05 to $0.39
66%
54%
Up And Out
$24.52
14d
+$0.07
$-0.21 to $0.23
68%
58%
Ss Escape
$32.02
42d
+$0.16
$-0.34 to $0.31
83%
81%
Safety Up
$34.02
42d
-$0.17
$-0.68 to $-0.03
88%
86%
Reliable Up
$31.02
42d
+$0.35
$-0.12 to $0.50
82%
79%
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 $382,182 (premium included).
Called-away odds7%
SaferRiskier
SELL 3 × $26 CALL
2 Oct 2026 · 7 DTE · bid $0.06 / mid $0.36 · $18 this cycle
30.1% OTM
Survival (OTM)
93%
Income / mo
$77
Annualized
16%
EV / cycle
+$5
If assigned
-$382,182
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.48/share ($445 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
14d
+$0.18
$-0.02 to $0.49
66%
54%
Up And Out
$26.52
14d
+$0.04
$-0.19 to $0.32
68%
58%
Ss Escape
$35.02
42d
+$0.01
$-0.41 to $0.29
84%
81%
Reliable Up
$34.02
42d
+$0.18
$-0.22 to $0.46
83%
80%
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 $383,349 (premium included).
Called-away odds35%
SaferRiskier
SELL 3 × $22 CALL
2 Oct 2026 · 7 DTE · bid $0.67 / mid $0.94 · $201 this cycle
7.6% OTM
Survival (OTM)
65%
Income / mo
$861
Annualized
175%
EV / cycle
+$2
If assigned
-$383,349
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.23/share ($368 total). Monte-Carlo central case: challenged near day 3 at spot $22.43.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.50
14d
+$0.25
$-0.13 to $0.16
66%
54%
Up And Out
$22.02
14d
+$0.11
$-0.30 to $-0.01
69%
59%
Ss Escape
$29.52
42d
+$0.12
$-0.54 to $-0.07
84%
82%
Safety Up
$32.52
42d
-$0.29
$-1.01 to $-0.50
90%
89%
Reliable Up
$27.52
42d
+$0.48
$-0.12 to $0.30
82%
78%
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 $30 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,682 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $30 CALL
6 Nov 2026 · 42 DTE · bid $1.06 / mid $1.39 · $318 this cycle
50.2% OTM
Survival (OTM)
82%
Income / mo
$227
Annualized
46%
EV / cycle
+$160
If assigned
-$380,682
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 $31 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,415 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $31 CALL
6 Nov 2026 · 42 DTE · bid $0.95 / mid $1.28 · $285 this cycle
55.2% OTM
Survival (OTM)
84%
Income / mo
$204
Annualized
41%
EV / cycle
+$153
If assigned
-$380,415
If challenged: pre-priced escape map
No pre-priced escape map: the near-term chain is too sparse to anchor an honest buyback.
NormalBalanced risk and income▾
Strike $23 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,560 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $23 CALL
30 Oct 2026 · 35 DTE · bid $1.80 / mid $2.17 · $540 this cycle
15.1% OTM
Survival (OTM)
63%
Income / mo
$463
Annualized
94%
EV / cycle
+$61
If assigned
-$382,560
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.74/share ($823 total). Monte-Carlo central case: challenged near day 11 at spot $23.95.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.00
42d
-$0.08
$-0.48 to $-0.23
69%
57%
Ss Escape
$22.52
42d
+$0.12
$-0.26 to $-0.01
68%
54%
Safety Up
$30.02
42d
-$1.72
$-2.43 to $-2.01
85%
82%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.