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 $25 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,398 (premium included).
Called-away odds18%
SaferRiskier
SELL 3 × $25 CALL
16 Oct 2026 · 11 DTE · bid $0.34 / mid $0.57 · $102 this cycle
23.5% OTM
Survival (OTM)
82%
Income / mo
$278
Annualized
56%
EV / cycle
+$24
If assigned
-$382,398
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.89/share ($567 total). Monte-Carlo central case: challenged near day 7 at spot $25.93.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.00
18d
-$0.07
$-0.44 to $0.07
67%
54%
Ss Escape
$29.25
39d
+$0.11
$-0.40 to $0.24
78%
73%
Safety Up
$30.75
39d
-$0.23
$-0.80 to $-0.14
81%
77%
Reliable Up
$28.25
39d
+$0.37
$-0.10 to $0.53
76%
70%
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 $28 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,552 (premium included).
Called-away odds10%
SaferRiskier
SELL 3 × $28 CALL
16 Oct 2026 · 11 DTE · bid $0.16 / mid $0.33 · $48 this cycle
38.3% OTM
Survival (OTM)
90%
Income / mo
$131
Annualized
26%
EV / cycle
+$17
If assigned
-$381,552
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.12/share ($635 total). Monte-Carlo central case: challenged near day 8 at spot $28.91.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$28.00
18d
-$0.18
$-0.35 to $0.26
67%
54%
Ss Escape
$32.25
39d
+$0.07
$-0.19 to $0.53
77%
72%
Reliable Up
$31.25
39d
+$0.35
$0.11 to $0.83
76%
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 $383,124 (premium included).
Called-away odds35%
SaferRiskier
SELL 3 × $22 CALL
16 Oct 2026 · 11 DTE · bid $0.92 / mid $1.24 · $276 this cycle
8.6% OTM
Survival (OTM)
65%
Income / mo
$753
Annualized
151%
EV / cycle
+$52
If assigned
-$383,124
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.66/share ($499 total). Monte-Carlo central case: challenged near day 4 at spot $22.86.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
18d
+$0.01
$-0.50 to $-0.15
67%
55%
Ss Escape
$26.25
39d
+$0.11
$-0.60 to $-0.12
79%
74%
Safety Up
$31.75
39d
-$0.84
$-1.76 to $-1.13
88%
86%
Reliable Up
$23.75
39d
+$0.62
$-0.02 to $0.42
73%
65%
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 $29 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,051 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $29 CALL
6 Nov 2026 · 32 DTE · bid $0.83 / mid $1.14 · $249 this cycle
43.2% OTM
Survival (OTM)
81%
Income / mo
$233
Annualized
47%
EV / cycle
+$80
If assigned
-$381,051
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.53/share ($1,060 total). Monte-Carlo central case: challenged near day 17 at spot $30.18.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$29.00
39d
-$0.64
$-1.11 to $-0.41
68%
56%
Ss Escape
$27.25
39d
+$0.18
$-0.21 to $0.57
65%
47%
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 $380,247 (premium included).
Called-away odds14%
SaferRiskier
SELL 3 × $32 CALL
6 Nov 2026 · 32 DTE · bid $0.51 / mid $0.85 · $153 this cycle
58.0% OTM
Survival (OTM)
86%
Income / mo
$143
Annualized
29%
EV / cycle
+$50
If assigned
-$380,247
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.90/share ($1,169 total). Monte-Carlo central case: challenged near day 20 at spot $33.26.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$32.00
39d
-$0.87
$-1.24 to $-0.25
68%
55%
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 $382,554 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $23 CALL
6 Nov 2026 · 32 DTE · bid $1.82 / mid $2.19 · $546 this cycle
13.6% OTM
Survival (OTM)
63%
Income / mo
$512
Annualized
103%
EV / cycle
+$86
If assigned
-$382,554
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.80/share ($840 total). Monte-Carlo central case: challenged near day 9 at spot $23.93.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.00
39d
-$0.27
$-0.75 to $-0.48
69%
56%
Ss Escape
$21.75
39d
+$0.29
$-0.16 to $0.11
66%
49%
Safety Up
$28.75
39d
-$1.76
$-2.53 to $-2.11
83%
80%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.