May 29th, 2020 Options Expiration -- Applied Materials Inc. Covered Calls Position Assigned

The May 29th, 2020 $52.00 Covered Call position in Applied Materials Inc. expired in-the-money, so the 300 shares of AMAT were assigned (i.e. sold) at the $52.00 strike price.  As detailed below, the return-on-investment (ROI) result was  +1.9% absolute return (equivalent to +62.1% annualized return-on-investment for the 11 days holding period).

Applied Materials Inc. (AMAT) -- Covered Calls Position Closed

The transactions were as follows:
05/19/2020 Bought 300 shares of Applied Materials Inc. @ $54.21 per share 
05/19/2020 Sold 3 Applied Materials May 29th, 2020 $52.00 Call options @ $2.95 per share
Note: the Implied Volatility of the Call option was 42.3 and the next quarterly earnings report is after the 5/29/2020 expiration date
05/20/2020 Ex-dividend date at $.22 per share
05/29/2020 3 AMAT May 29th, 2020 $52.00 Call options were in-the-money, so the options expired and the 300 shares of AMAT stock were sold at the $52.00 strike price.
Note: AMAT stock price was $56.18 at the market close on the 5/29 options expiration date.

The overall performance result (including commissions) was as follows:
Covered Calls Cost Basis: $15,380.01
= ($54.21 - $2.95) * 300 shares + $2.01 commission

Net Profit Components:
(a) Options Income: +$885.00
= ($2.95 * 300 shares)
(b) Dividend Income: +$66.00
= $.22 per share x 300 shares 
(c) Capital Appreciation (Applied Materials stock was above $52.00 strike price at the May 29th options expiration): -$663.00
= ($52.00 -$54.21) * 300 shares

Total Net Profit: +$288.00
= (+$885.00 options income +$66.00 dividend income -$663.00 capital appreciation)

Absolute Return: +1.9%
= +$288.00/$15,380.01
Equivalent Annualized Return: +62.1%
= (+$288.00/$15,380.01)*(365/11 days)