Established Covered Calls in NVIDIA Corporation

This morning a short-term Covered Calls position was established in NVIDIA Corporation (ticker NVDA).  My net buy/write limit order at $170.24 was executed by simultaneously purchasing two hundred shares at $181.62 and selling two October 24th, 2025 weekly Call options at the $172.50 strike price at $11.38 per share, which provides a $2.26 per share = [$11.38 Call options premium received - ($181.62 stock purchase price - $172.50 options strike price)] time value profit potential.  A moderately in-the-money Covered Calls positions was established for this position with the probability that NVIDIA's stock will close in-the-money on the options expiration date was 73.4%.  As preferred, the next earnings report on November 19th, 2025 is after the October 24th options expiration date. 

As detailed below, a potential return-on-investment result is +1.3% absolute return-on-investment (equivalent to +53.7% annualized return-on-investment for the next 9 days) if NVIDIA's share price is in-the-money (i.e. above the $172.50 strike price) and therefore assigned on its Oct 24th, 2025 options expiration date.  

NVIDIA Corporation (NVDA) -- New Covered Calls Position

Today's buy/write net limit order transaction was as follows:
10/15/2025 Bought 200 NVIDIA Corporation shares at $181.62.

10/15/2025 Sold 2 NVIDIA 10/24/2025 $172.50 Call options @ $11.38 per share.  The Implied Volatility of these Calls was 49.5% when this position was established.  

A possible overall performance result (including commissions) for this NVIDIA Corporation Covered Calls position is as follows:
Covered Calls Net Investment: $34,049.34
= ($181.62 - $11.38) * 200 shares + $1.34 commission

Net Profit:
(a) Options Income: +$2,274.66
= ($11.38 * 200 shares) - $1.34 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If 200 NVIDIA shares assigned at the $172.50 strike price at expiration): -$1,824.00
+($172.50 strike price - $181.62 stock purchase price) * 200 shares

Total Net Profit Potential (If 200 NVIDIA shares in-the-money and therefore assigned at the $172.50 strike price at the options expiration date): +$450.66
= (+$2,274.66 options income + $0.00 dividend income - $1,824.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.3%
= +$450.66/$34,049.34
Potential Annualized Return-on-Investment: +53.7%
= (+$450.66/$34,049.34) * (365/9 days)