Covered Calls Position Closed in Nvidia Corporation

Today I closed out my Covered Calls position in Nvidia Corporation (NVDA).  The position was unwound by selling-to-close the 300 shares and simultaneously buying-to-close the 3 January 31st, 2025 $130.00 Call options.  Because of the Deepseek AI announcement, Nvidia stock has declined by 10.8% since I purchased it two weeks ago.  The net loss on this position was $2,198.40 and the detailed transactions history and return-on-investment results are provided below.

 
Nvidia Corporation (NVDA) -- Covered Calls Position Closed

The buy/write market order transaction was as follows:
1/16/2025 Bought 300 Nvidia Corporation shares at $134.61.

1/16/2025 Sold 3 NVDA 1/31/2025 $130.00 Call options @ $7.25 per share.  The Implied Volatility of the Calls was 39.9 when these Calls were sold.
1/30/2025 Closed out this NVDA Covered Calls position by selling-to-close 300 NVDA shares @ $120.3154 per share and buying-to-close 3 Jan. 31st, 2025 $130.00 Calls @ $.27 per share.

The overall performance result (including commissions) for this Nvidia Corporation Covered Calls position is as follows:
Covered Calls Net Investment: $38,210.01
= ($134.61 - $7.25) * 300 shares + $2.01 commission

Net Profit:
(a) Options Income: +$2,089.98
= ($7.25 Calls sell-to-open price - $.27 Calls Buy-to-close price) * 300 shares - $4.02 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation: -$4,288.38
+($120.3154 stock sell-to-close price - $134.61 stock purchase price) * 300 shares

Total Net Loss: -$2,198.40
= (+$2,089.98 options income + $0.00 dividend income - $4,288.38 capital loss on sale of stock)

Absolute Return-on-Investment: -5.8%
= -$2,198.40/$38,210.01
Potential Annualized Return-on-Investment: -150.0%
= (-$2,198.40/$38,210.01) * (365/14 days)