Covered Call Position Established in Humana Inc.

My buy/write net debit limit order was executed and 100 shares of Humana Inc. (ticker symbol HUM) stock were purchased at $456.12 and 1 January 5th, 2024 $445.00 Call option was sold at $15.42 per share -- a net debit of $440.70 per share.   So, the corresponding time value (aka extrinsic value) was $4.30 per share = [$15.42 Call option premium - ($456.12 stock purchase price - $445.00 strike price)].  The Delta was 68.8 which closely approximates a probability of assignment on the options expiration date of 68.8%.  Given the Covered Calls Advisor's current Neutral Overall Market Meter outlook, a slightly in-the-money Covered Calls position was established.  

Humana goes ex-dividend at $.885 per share (a 0.8% annualized dividend yield) on December 28th, 2023.  This dividend is included in the potential return-on-investment results detailed below.   Also, as preferred, there is no earnings report prior to the options expiration date and analysts' current stock target price is $585.28 per share (+28.3% above today's stock purchase price).

As detailed below, a potential outcome for this Humana Inc. investment is +1.2% absolute return-on-investment for the next 16 days (equivalent to +26.8% annualized-return-on-investment) if the stock closes above the $445.00 strike price on the January 5th, 2024 options expiration date.

Humana Inc. (HUM) -- New Covered Call Position

The net debit buy/write limit order was executed as follows:

12/20/2023 Bought 100 shares of Humana Inc. stock @ $456.12 per share.  
12/20/2023 Sold 1 HUM January 5th, 2024 $445.00 Call option @ $15.42 per share.
12/28/2023 Ex-dividend of $.885 per share.

A possible overall performance result (including commissions) if this position is assigned on its 1/5/2024 option expiration date is as follows:
Covered Calls Net Investment: $44,070.67
= ($456.12 - $15.42) * 100 shares + $.67 commission

Net Profit Components:
(a) Call Option Income: +$1,541.33
= ($15.42 * 100 shares) - $.67 commission
(b) Dividend Income: +$88.50
= $.885 x 100 shares
(c) Capital Appreciation (If Humana stock is above the $445.00 strike price at the January 5th option expiration date): -$1,112.00
= ($445.00 - $456.12) * 100 shares

Potential Total Net Profit (If assigned at expiration): +$517.83
= (+$1,541.33 option income + $88.50 dividend income - $1,112.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.2%
= +$517.83/$44,070.67
Potential Equivalent Annualized-Return-on-Investment: +26.8%
= (+$517.83/$44,070.67) * (365/16 days)