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 $22 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,340 (premium included).
Called-away odds12%
SaferRiskier
SELL 3 × $22 CALL
16 Oct 2026 · 7 DTE · bid $0.20 / mid $0.25 · $60 this cycle
24.5% OTM
Survival (OTM)
88%
Income / mo
$257
Annualized
59%
EV / cycle
+$34
If assigned
-$383,340
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.43/share ($429 total). Monte-Carlo central case: challenged near day 5 at spot $22.88.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
14d
+$0.01
$-0.24 to $0.21
67%
54%
Up And Out
$22.33
14d
+$0.05
$-0.16 to $0.25
70%
57%
Ss Escape
$26.33
42d
+$0.29
$-0.13 to $0.49
79%
74%
Safety Up
$27.33
42d
-$0.13
$-0.64 to $0.05
81%
77%
Reliable Up
$25.33
42d
+$0.34
$-0.06 to $0.55
77%
71%
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 $24 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,635 (premium included).
Called-away odds5%
SaferRiskier
SELL 3 × $24 CALL
16 Oct 2026 · 7 DTE · bid $0.05 / mid $0.15 · $15 this cycle
38.7% OTM
Survival (OTM)
95%
Income / mo
$64
Annualized
15%
EV / cycle
+$9
If assigned
-$382,635
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.59/share ($478 total). Monte-Carlo central case: challenged near day 5 at spot $25.34.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$24.50
14d
-$0.07
$-0.20 to $0.32
67%
54%
Ss Escape
$28.83
42d
+$0.28
$0.04 to $0.68
79%
73%
Reliable Up
$27.83
42d
+$0.33
$0.09 to $0.74
76%
70%
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 $19 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,099 (premium included).
Called-away odds34%
SaferRiskier
SELL 3 × $19 CALL
16 Oct 2026 · 7 DTE · bid $0.67 / mid $0.76 · $201 this cycle
7.5% OTM
Survival (OTM)
66%
Income / mo
$861
Annualized
198%
EV / cycle
+$50
If assigned
-$384,099
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.24/share ($371 total). Monte-Carlo central case: challenged near day 3 at spot $19.74.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$19.00
14d
+$0.08
$-0.34 to $-0.03
67%
54%
Up And Out
$19.33
14d
+$0.11
$-0.27 to $0.01
70%
57%
Ss Escape
$23.33
42d
+$0.26
$-0.35 to $0.08
80%
76%
Safety Up
$28.33
42d
-$0.65
$-1.45 to $-0.89
88%
87%
Reliable Up
$21.33
42d
+$0.56
$-0.02 to $0.40
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 $26 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,194 (premium included).
Called-away odds19%
SaferRiskier
SELL 3 × $26 CALL
13 Nov 2026 · 35 DTE · bid $0.52 / mid $0.83 · $156 this cycle
44.3% OTM
Survival (OTM)
81%
Income / mo
$134
Annualized
31%
EV / cycle
+$1
If assigned
-$382,194
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.95/share ($885 total). Monte-Carlo central case: challenged near day 19 at spot $26.50.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.50
42d
-$0.48
$-0.80 to $-0.28
68%
55%
Ss Escape
$23.83
42d
+$0.11
$-0.19 to $0.41
63%
45%
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 $381,510 (premium included).
Called-away odds14%
SaferRiskier
SELL 3 × $28 CALL
13 Nov 2026 · 35 DTE · bid $0.30 / mid $0.65 · $90 this cycle
58.5% OTM
Survival (OTM)
86%
Income / mo
$77
Annualized
18%
EV / cycle
-$8
If assigned
-$381,510
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.24/share ($972 total). Monte-Carlo central case: challenged near day 22 at spot $29.09.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$28.00
42d
-$0.67
$-0.92 to $-0.23
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 $20 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,529 (premium included).
Called-away odds38%
SaferRiskier
SELL 3 × $20 CALL
13 Nov 2026 · 35 DTE · bid $1.57 / mid $1.90 · $471 this cycle
13.2% OTM
Survival (OTM)
62%
Income / mo
$404
Annualized
93%
EV / cycle
+$49
If assigned
-$383,529
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.31/share ($694 total). Monte-Carlo central case: challenged near day 10 at spot $20.76.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
42d
-$0.15
$-0.50 to $-0.31
69%
56%
Ss Escape
$19.33
42d
+$0.06
$-0.29 to $-0.09
66%
52%
Safety Up
$24.33
42d
-$1.27
$-1.80 to $-1.51
82%
78%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.