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 $382,392 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $25 CALL
16 Oct 2026 · 9 DTE · bid $0.36 / mid $0.53 · $108 this cycle
19.4% OTM
Survival (OTM)
81%
Income / mo
$360
Annualized
70%
EV / cycle
+$28
If assigned
-$382,392
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 5 at spot $25.98.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.00
16d
+$0.15
$-0.16 to $0.25
65%
54%
Up And Out
$25.06
16d
+$0.12
$-0.20 to $0.21
66%
55%
Ss Escape
$31.06
44d
+$0.09
$-0.44 to $0.16
80%
76%
Safety Up
$34.06
44d
-$0.23
$-0.81 to $-0.17
85%
82%
Reliable Up
$29.06
44d
+$0.50
$0.04 to $0.60
77%
72%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.
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 $380,964 (premium included).
Called-away odds4%
SaferRiskier
SELL 3 × $30 CALL
16 Oct 2026 · 9 DTE · bid $0.12 / mid $0.26 · $36 this cycle
43.3% OTM
Survival (OTM)
96%
Income / mo
$120
Annualized
23%
EV / cycle
+$30
If assigned
-$380,964
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.80/share ($541 total). Monte-Carlo central case: challenged near day 7 at spot $31.14.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$30.00
16d
+$0.02
$-0.10 to $0.39
65%
54%
Ss Escape
$36.06
44d
+$0.06
$-0.26 to $0.45
79%
75%
Reliable Up
$34.56
37d
+$0.10
$-0.17 to $0.49
77%
72%
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 $382,878 (premium included).
Called-away odds32%
SaferRiskier
SELL 3 × $23 CALL
16 Oct 2026 · 9 DTE · bid $0.74 / mid $0.94 · $222 this cycle
9.8% OTM
Survival (OTM)
68%
Income / mo
$740
Annualized
143%
EV / cycle
+$32
If assigned
-$382,878
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.38/share ($415 total). Monte-Carlo central case: challenged near day 4 at spot $23.88.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$23.00
16d
+$0.18
$-0.19 to $0.10
66%
55%
Up And Out
$23.06
16d
+$0.15
$-0.23 to $0.07
66%
55%
Ss Escape
$29.06
44d
+$0.08
$-0.55 to $-0.09
81%
77%
Safety Up
$34.06
44d
-$0.58
$-1.33 to $-0.79
88%
87%
Reliable Up
$27.06
44d
+$0.48
$-0.08 to $0.34
77%
72%
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 $380,802 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $30 CALL
6 Nov 2026 · 30 DTE · bid $0.66 / mid $0.88 · $198 this cycle
43.3% OTM
Survival (OTM)
81%
Income / mo
$198
Annualized
38%
EV / cycle
+$35
If assigned
-$380,802
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.28/share ($983 total). Monte-Carlo central case: challenged near day 17 at spot $31.18.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$30.00
37d
-$0.58
$-0.96 to $-0.30
67%
55%
Ss Escape
$29.06
44d
+$0.17
$-0.21 to $0.56
66%
52%
Safety Up
$31.06
44d
-$0.41
$-0.83 to $-0.12
71%
61%
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 $380,283 (premium included).
Called-away odds15%
SaferRiskier
SELL 3 × $32 CALL
6 Nov 2026 · 30 DTE · bid $0.39 / mid $0.77 · $117 this cycle
52.8% OTM
Survival (OTM)
85%
Income / mo
$117
Annualized
23%
EV / cycle
+$4
If assigned
-$380,283
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.50/share ($1,049 total). Monte-Carlo central case: challenged near day 18 at spot $33.30.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$32.00
37d
-$0.72
$-1.04 to $-0.38
67%
55%
Ss Escape
$31.06
44d
+$0.05
$-0.25 to $0.56
66%
52%
Safety Up
$32.06
44d
-$0.16
$-0.48 to $0.26
69%
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 $24 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,338 (premium included).
Called-away odds36%
SaferRiskier
SELL 3 × $24 CALL
6 Nov 2026 · 30 DTE · bid $1.54 / mid $1.92 · $462 this cycle
14.6% OTM
Survival (OTM)
64%
Income / mo
$462
Annualized
89%
EV / cycle
+$24
If assigned
-$382,338
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.62/share ($787 total). Monte-Carlo central case: challenged near day 9 at spot $24.93.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.00
37d
-$0.25
$-0.71 to $-0.41
68%
56%
Ss Escape
$24.06
44d
+$0.23
$-0.25 to $0.07
69%
57%
Safety Up
$30.06
44d
-$1.48
$-2.29 to $-1.80
82%
79%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.