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 $23 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,019 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $23 CALL
9 Oct 2026 · 9 DTE · bid $0.27 / mid $0.55 · $81 this cycle
20.9% OTM
Survival (OTM)
80%
Income / mo
$270
Annualized
58%
EV / cycle
-$4
If assigned
-$383,019
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.69/share ($507 total). Monte-Carlo central case: challenged near day 5 at spot $24.02.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.00
16d
-$0.01
$-0.42 to $0.04
66%
55%
Ss Escape
$26.97
37d
+$0.08
$-0.51 to $0.11
78%
73%
Safety Up
$28.47
37d
-$0.25
$-0.91 to $-0.25
80%
77%
Reliable Up
$25.97
37d
+$0.37
$-0.18 to $0.40
76%
69%
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 $381,264 (premium included).
Called-away odds10%
SaferRiskier
SELL 3 × $29 CALL
16 Oct 2026 · 16 DTE · bid $0.12 / mid $0.43 · $36 this cycle
52.4% OTM
Survival (OTM)
90%
Income / mo
$67
Annualized
14%
EV / cycle
-$8
If assigned
-$381,264
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.63/share ($789 total). Monte-Carlo central case: challenged near day 12 at spot $30.26.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$29.00
23d
-$0.44
$-0.64 to $0.17
67%
55%
Ss Escape
$30.47
37d
+$0.09
$-0.21 to $0.79
72%
62%
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 $383,613 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $20 CALL
9 Oct 2026 · 9 DTE · bid $0.79 / mid $1.14 · $237 this cycle
7.7% OTM
Survival (OTM)
63%
Income / mo
$790
Annualized
168%
EV / cycle
+$5
If assigned
-$383,613
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.50/share ($451 total). Monte-Carlo central case: challenged near day 3 at spot $21.38.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.50
16d
+$0.05
$-0.42 to $-0.10
66%
55%
Ss Escape
$24.47
37d
+$0.08
$-0.60 to $-0.15
79%
74%
Safety Up
$29.47
37d
-$0.75
$-1.62 to $-1.05
87%
86%
Reliable Up
$22.97
37d
+$0.48
$-0.13 to $0.28
75%
69%
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 $27 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,717 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $27 CALL
30 Oct 2026 · 30 DTE · bid $0.61 / mid $0.99 · $183 this cycle
41.9% OTM
Survival (OTM)
81%
Income / mo
$183
Annualized
39%
EV / cycle
+$41
If assigned
-$381,717
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.26/share ($977 total). Monte-Carlo central case: challenged near day 16 at spot $28.17.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$27.00
37d
-$0.53
$-0.92 to $-0.37
68%
56%
Ss Escape
$25.47
37d
+$0.13
$-0.20 to $0.40
65%
48%
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 $30 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,898 (premium included).
Called-away odds12%
SaferRiskier
SELL 3 × $30 CALL
30 Oct 2026 · 30 DTE · bid $0.34 / mid $0.72 · $102 this cycle
57.6% OTM
Survival (OTM)
88%
Income / mo
$102
Annualized
22%
EV / cycle
+$29
If assigned
-$380,898
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.62/share ($1,086 total). Monte-Carlo central case: challenged near day 19 at spot $31.20.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$30.00
37d
-$0.74
$-1.11 to $-0.24
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 $382,935 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $22 CALL
30 Oct 2026 · 30 DTE · bid $1.55 / mid $1.90 · $465 this cycle
15.6% OTM
Survival (OTM)
64%
Income / mo
$465
Annualized
99%
EV / cycle
+$49
If assigned
-$382,935
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.65/share ($796 total). Monte-Carlo central case: challenged near day 10 at spot $22.92.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
37d
-$0.24
$-0.70 to $-0.41
69%
56%
Ss Escape
$20.97
37d
+$0.20
$-0.22 to $0.06
66%
50%
Safety Up
$26.47
37d
-$1.53
$-2.24 to $-1.83
80%
76%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.