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 $21 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,637 (premium included).
Called-away odds16%
SaferRiskier
SELL 3 × $21 CALL
16 Oct 2026 · 7 DTE · bid $0.21 / mid $0.46 · $63 this cycle
20.3% OTM
Survival (OTM)
84%
Income / mo
$270
Annualized
63%
EV / cycle
+$22
If assigned
-$383,637
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.36/share ($409 total). Monte-Carlo central case: challenged near day 5 at spot $21.85.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$21.00
14d
-$0.09
$-0.48 to $0.07
66%
54%
Ss Escape
$26.55
42d
+$0.06
$-0.49 to $0.20
82%
78%
Safety Up
$27.55
42d
-$0.13
$-0.73 to $-0.02
84%
81%
Reliable Up
$23.55
42d
+$0.71
$0.25 to $0.89
76%
69%
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 $22 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $383,361 (premium included).
Called-away odds11%
SaferRiskier
SELL 3 × $22 CALL
16 Oct 2026 · 7 DTE · bid $0.13 / mid $0.29 · $39 this cycle
26.1% OTM
Survival (OTM)
89%
Income / mo
$167
Annualized
39%
EV / cycle
+$16
If assigned
-$383,361
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.43/share ($428 total). Monte-Carlo central case: challenged near day 5 at spot $22.86.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$22.00
14d
-$0.12
$-0.39 to $0.08
66%
54%
Ss Escape
$27.55
42d
+$0.06
$-0.37 to $0.27
82%
78%
Reliable Up
$24.55
42d
+$0.72
$0.40 to $0.95
76%
68%
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 $18 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $384,252 (premium included).
Called-away odds37%
SaferRiskier
SELL 3 × $18 CALL
16 Oct 2026 · 7 DTE · bid $0.66 / mid $0.88 · $198 this cycle
6.0% OTM
Survival (OTM)
63%
Income / mo
$849
Annualized
197%
EV / cycle
+$26
If assigned
-$384,252
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $1.20/share ($360 total). Monte-Carlo central case: challenged near day 3 at spot $19.28.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$18.50
14d
-$0.03
$-0.55 to $-0.19
66%
54%
Ss Escape
$24.05
42d
+$0.05
$-0.68 to $-0.18
83%
80%
Safety Up
$28.05
42d
-$0.57
$-1.44 to $-0.83
89%
88%
Reliable Up
$21.05
42d
+$0.66
$0.05 to $0.47
77%
70%
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 $25 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $382,287 (premium included).
Called-away odds20%
SaferRiskier
SELL 3 × $25 CALL
13 Nov 2026 · 35 DTE · bid $0.71 / mid $1.02 · $213 this cycle
43.3% OTM
Survival (OTM)
80%
Income / mo
$183
Annualized
42%
EV / cycle
+$62
If assigned
-$382,287
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.23/share ($968 total). Monte-Carlo central case: challenged near day 19 at spot $25.94.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$25.00
42d
-$0.78
$-1.20 to $-0.53
68%
56%
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 $27 is BELOW your $1,300.00 cost basis. If called away this locks a realized loss of about $381,750 (premium included).
Called-away odds15%
SaferRiskier
SELL 3 × $27 CALL
13 Nov 2026 · 35 DTE · bid $0.50 / mid $0.81 · $150 this cycle
54.7% OTM
Survival (OTM)
85%
Income / mo
$129
Annualized
30%
EV / cycle
+$47
If assigned
-$381,750
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $3.48/share ($1,045 total). Monte-Carlo central case: challenged near day 21 at spot $28.12.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$27.00
42d
-$0.96
$-1.34 to $-0.58
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 odds37%
SaferRiskier
SELL 3 × $20 CALL
13 Nov 2026 · 35 DTE · bid $1.57 / mid $1.91 · $471 this cycle
14.6% OTM
Survival (OTM)
63%
Income / mo
$404
Annualized
94%
EV / cycle
+$72
If assigned
-$383,529
If challenged: pre-priced escape map
If challenged near half-life, buying the call back costs about $2.58/share ($774 total). Monte-Carlo central case: challenged near day 10 at spot $20.80.
Door
New strike
Tenor
Est credit/sh
P25-P75
POP
Survival
Credit Out
$20.00
42d
-$0.42
$-0.92 to $-0.63
69%
56%
Ss Escape
$18.55
42d
+$0.23
$-0.21 to $0.07
64%
46%
Safety Up
$23.55
42d
-$1.40
$-2.06 to $-1.69
79%
75%
Priced from today's chain via the shared anchor + Black-Scholes engine. POP = stays below breakeven; Survival = stays below the new strike.