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 $28 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,372 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $28 CALL
6 Nov 2026 · 36 DTE · bid $0.76 / mid $1.14 · $228 this cycle
42.7% OTM
Survival (OTM)
81%
Income / mo
$190
Annualized
39%
EV / cycle
+$65
If assigned
-$381,372
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.34/share ($1,002 total). Monte-Carlo central case: challenged near day 19 at spot $29.05.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$28.00
43d
-$0.53
$-0.87 to $-0.27
68%
56%
Ss Escape
$26.38
43d
+$0.11
$-0.20 to $0.47
64%
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 $26 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,164 (premium included).
Called-away odds9%
SaferRiskier
SELL 3 × $26 CALL
9 Oct 2026 · 8 DTE · bid $0.12 / mid $0.31 · $36 this cycle
32.5% OTM
Survival (OTM)
91%
Income / mo
$135
Annualized
28%
EV / cycle
+$14
If assigned
-$382,164
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.58/share ($475 total). Monte-Carlo central case: challenged near day 6 at spot $27.02.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$26.00
15d
+$0.07
$-0.16 to $0.34
66%
54%
Ss Escape
$30.88
36d
+$0.03
$-0.37 to $0.30
79%
75%
Reliable Up
$29.88
43d
+$0.61
$0.26 to $0.91
77%
71%
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 $21 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,532 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $21 CALL
9 Oct 2026 · 8 DTE · bid $0.56 / mid $0.90 · $168 this cycle
7.0% OTM
Survival (OTM)
63%
Income / mo
$630
Annualized
130%
EV / cycle
-$49
If assigned
-$383,532
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.28/share ($384 total). Monte-Carlo central case: challenged near day 3 at spot $21.92.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
15d
+$0.17
$-0.22 to $0.07
66%
54%
Ss Escape
$25.88
36d
+$0.03
$-0.60 to $-0.15
81%
77%
Safety Up
$28.38
36d
-$0.42
$-1.16 to $-0.66
86%
84%
Reliable Up
$24.88
43d
+$0.55
$-0.02 to $0.39
78%
73%
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 $28 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,372 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $28 CALL
6 Nov 2026 · 36 DTE · bid $0.76 / mid $1.14 · $228 this cycle
42.7% OTM
Survival (OTM)
81%
Income / mo
$190
Annualized
39%
EV / cycle
+$65
If assigned
-$381,372
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.34/share ($1,002 total). Monte-Carlo central case: challenged near day 19 at spot $29.05.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$28.00
43d
-$0.53
$-0.87 to $-0.27
68%
56%
Ss Escape
$26.38
43d
+$0.11
$-0.20 to $0.47
64%
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 $31 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,580 (premium included).
Called-away odds13%
SaferRiskier
SELL 3 × $31 CALL
6 Nov 2026 · 36 DTE · bid $0.40 / mid $0.73 · $120 this cycle
58.0% OTM
Survival (OTM)
87%
Income / mo
$100
Annualized
21%
EV / cycle
+$30
If assigned
-$380,580
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.70/share ($1,110 total). Monte-Carlo central case: challenged near day 21 at spot $32.22.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$31.00
43d
-$0.75
$-1.08 to $-0.35
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 $382,722 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $22 CALL
6 Nov 2026 · 36 DTE · bid $1.76 / mid $2.08 · $528 this cycle
14.7% OTM
Survival (OTM)
63%
Income / mo
$440
Annualized
91%
EV / cycle
+$66
If assigned
-$382,722
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.68/share ($805 total). Monte-Carlo central case: challenged near day 10 at spot $23.41.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.50
43d
-$0.20
$-0.61 to $-0.38
69%
56%
Ss Escape
$21.38
43d
+$0.17
$-0.24 to $0.01
65%
50%
Safety Up
$26.38
43d
-$1.33
$-1.91 to $-1.59
79%
74%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.