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 $382,707 (premium included).
Called-away odds17%
SaferRiskier
SELL 3 × $24 CALL
9 Oct 2026 · 7 DTE · bid $0.31 / mid $0.44 · $93 this cycle
20.0% OTM
Survival (OTM)
83%
Income / mo
$399
Annualized
81%
EV / cycle
+$35
If assigned
-$382,707
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.36/share ($408 total). Monte-Carlo central case: challenged near day 5 at spot $24.90.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
14d
+$0.29
$0.05 to $0.49
67%
54%
Up And Out
$24.50
14d
+$0.07
$-0.20 to $0.25
69%
58%
Ss Escape
$30.00
35d
+$0.06
$-0.39 to $0.26
81%
78%
Safety Up
$32.00
35d
-$0.28
$-0.79 to $-0.09
84%
82%
Reliable Up
$29.00
35d
+$0.26
$-0.15 to $0.46
80%
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 $30 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,940 (premium included).
Called-away odds9%
SaferRiskier
SELL 3 × $30 CALL
16 Oct 2026 · 14 DTE · bid $0.20 / mid $0.31 · $60 this cycle
50.0% OTM
Survival (OTM)
91%
Income / mo
$129
Annualized
26%
EV / cycle
+$25
If assigned
-$380,940
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.42/share ($726 total). Monte-Carlo central case: challenged near day 10 at spot $31.10.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$30.00
21d
-$0.24
$-0.40 to $0.22
66%
55%
Ss Escape
$33.50
42d
+$0.07
$-0.18 to $0.60
75%
69%
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 $383,319 (premium included).
Called-away odds35%
SaferRiskier
SELL 3 × $22 CALL
9 Oct 2026 · 7 DTE · bid $0.77 / mid $0.98 · $231 this cycle
7.5% OTM
Survival (OTM)
65%
Income / mo
$990
Annualized
201%
EV / cycle
+$47
If assigned
-$383,319
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.22/share ($365 total). Monte-Carlo central case: challenged near day 3 at spot $22.37.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.50
14d
+$0.32
$-0.03 to $0.24
67%
54%
Up And Out
$22.00
14d
+$0.10
$-0.31 to $-0.01
69%
58%
Ss Escape
$27.50
35d
+$0.04
$-0.61 to $-0.15
82%
79%
Safety Up
$31.50
28d
-$0.63
$-1.39 to $-0.84
91%
90%
Reliable Up
$25.50
35d
+$0.46
$-0.11 to $0.31
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 $30 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $380,775 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $30 CALL
6 Nov 2026 · 35 DTE · bid $0.75 / mid $1.04 · $225 this cycle
50.0% OTM
Survival (OTM)
82%
Income / mo
$193
Annualized
39%
EV / cycle
+$60
If assigned
-$380,775
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.73/share ($1,118 total). Monte-Carlo central case: challenged near day 19 at spot $31.27.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$30.00
42d
-$0.78
$-1.19 to $-0.46
68%
56%
Ss Escape
$28.00
42d
+$0.16
$-0.14 to $0.63
64%
46%
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 $380,262 (premium included).
Called-away odds15%
SaferRiskier
SELL 3 × $32 CALL
6 Nov 2026 · 35 DTE · bid $0.46 / mid $0.83 · $138 this cycle
60.0% OTM
Survival (OTM)
85%
Income / mo
$118
Annualized
24%
EV / cycle
+$16
If assigned
-$380,262
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 21 at spot $33.35.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$32.00
42d
-$0.94
$-1.32 to $-0.46
68%
56%
Ss Escape
$30.00
42d
+$0.00
$-0.25 to $0.64
64%
46%
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 $382,524 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $23 CALL
6 Nov 2026 · 35 DTE · bid $1.92 / mid $2.19 · $576 this cycle
15.0% OTM
Survival (OTM)
63%
Income / mo
$494
Annualized
100%
EV / cycle
+$83
If assigned
-$382,524
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.86/share ($857 total). Monte-Carlo central case: challenged near day 10 at spot $23.99.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.00
42d
-$0.33
$-0.83 to $-0.54
68%
57%
Ss Escape
$22.00
42d
+$0.09
$-0.37 to $-0.09
66%
51%
Safety Up
$26.50
42d
-$1.31
$-1.97 to $-1.60
77%
72%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.