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 $382,845 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $24 CALL
2 Oct 2026 · 6 DTE · bid $0.35 / mid $0.49 · $105 this cycle
18.1% OTM
Survival (OTM)
84%
Income / mo
$525
Annualized
107%
EV / cycle
+$57
If assigned
-$382,845
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.31/share ($392 total). Monte-Carlo central case: challenged near day 4 at spot $24.41.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.50
13d
+$0.25
$-0.04 to $0.40
67%
54%
Up And Out
$24.11
13d
+$0.00
$-0.40 to $0.10
68%
59%
Ss Escape
$30.61
41d
+$0.11
$-0.48 to $0.21
82%
80%
Safety Up
$33.61
41d
-$0.33
$-1.00 to $-0.25
86%
85%
Reliable Up
$28.11
41d
+$0.57
$0.06 to $0.69
78%
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 $27 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,882 (premium included).
Called-away odds4%
SaferRiskier
SELL 3 × $27 CALL
2 Oct 2026 · 6 DTE · bid $0.06 / mid $0.26 · $18 this cycle
35.7% OTM
Survival (OTM)
96%
Income / mo
$90
Annualized
18%
EV / cycle
+$14
If assigned
-$381,882
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.50/share ($450 total). Monte-Carlo central case: challenged near day 5 at spot $27.89.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$27.00
13d
+$0.18
$0.09 to $0.57
66%
54%
Up And Out
$27.11
13d
+$0.11
$0.00 to $0.49
67%
54%
Ss Escape
$34.11
41d
+$0.12
$-0.19 to $0.53
81%
78%
Safety Up
$35.11
41d
-$0.01
$-0.33 to $0.40
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 $383,340 (premium included).
Called-away odds32%
SaferRiskier
SELL 3 × $22 CALL
2 Oct 2026 · 6 DTE · bid $0.70 / mid $0.81 · $210 this cycle
8.1% OTM
Survival (OTM)
68%
Income / mo
$1,050
Annualized
214%
EV / cycle
+$60
If assigned
-$383,340
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.20/share ($359 total). Monte-Carlo central case: challenged near day 3 at spot $22.31.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.50
13d
+$0.28
$-0.09 to $0.25
67%
54%
Up And Out
$22.11
13d
+$0.03
$-0.44 to $-0.05
69%
59%
Ss Escape
$28.61
41d
+$0.08
$-0.58 to $-0.05
83%
81%
Safety Up
$32.61
34d
-$0.61
$-1.36 to $-0.77
91%
90%
Reliable Up
$26.11
41d
+$0.52
$-0.07 to $0.42
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 $30 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,742 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $30 CALL
6 Nov 2026 · 41 DTE · bid $0.86 / mid $1.21 · $258 this cycle
50.8% OTM
Survival (OTM)
80%
Income / mo
$189
Annualized
38%
EV / cycle
+$49
If assigned
-$380,742
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 $380,520 (premium included).
Called-away odds14%
SaferRiskier
SELL 3 × $31 CALL
30 Oct 2026 · 34 DTE · bid $0.60 / mid $0.91 · $180 this cycle
55.9% OTM
Survival (OTM)
86%
Income / mo
$159
Annualized
32%
EV / cycle
+$84
If assigned
-$380,520
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.48/share ($1,043 total). Monte-Carlo central case: challenged near day 20 at spot $32.33.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$31.00
41d
-$0.48
$-0.78 to $-0.15
68%
56%
Ss Escape
$29.61
41d
+$0.15
$-0.07 to $0.60
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 $23 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,572 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $23 CALL
30 Oct 2026 · 34 DTE · bid $1.76 / mid $2.10 · $528 this cycle
15.6% OTM
Survival (OTM)
64%
Income / mo
$466
Annualized
95%
EV / cycle
+$82
If assigned
-$382,572
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.58/share ($774 total). Monte-Carlo central case: challenged near day 10 at spot $23.97.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.00
41d
-$0.04
$-0.38 to $-0.17
69%
56%
Ss Escape
$22.61
41d
+$0.07
$-0.28 to $-0.06
67%
54%
Safety Up
$30.11
41d
-$1.74
$-2.47 to $-2.06
85%
83%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.