Continuation of Covered Calls Position in NVIDIA Corporation

The Covered Calls Advisor Portfolio has a Covered Calls position in NVIDIA Corporation (ticker NVDA) which expired last Friday with the stock at $182.41 which was below the $185.00 strike price.  Today this position was continued by rolling out to two weeks to the December 19th, 2025 monthly options expiration date and at the same $185.00 strike price by selling-to-open two NVDA Calls at $5.75 per share when NVIDIA's stock price was $185.38.  

As detailed below, a potential outcome for this NVIDIA investment if the stock is in-the-money and therefore assigned on the Dec. 19th options expiration date is +10.1% absolute return-on-investment over 29 days (equivalent to +127.5% annualized-return-on-investment) if the stock closes above the $185.00 strike price on the 12/19/2025 options expiration date.  The details showing the potential return-on-investment results are as follows:

NVIDIA Corporation (NVDA) -- New Covered Call Position

The original buy/write net limit order transaction was as follows:
11/21/2025 Bought 200 NVIDIA Corporation shares at $177.70.

11/21/2025 Sold 2 NVIDIA 12/5/2025 $185.00 Call options @ $4.50 per share.  The Implied Volatility of these Calls was 52.0 when this position was established.  
12/4/2025 Ex-dividend of $.01 per share.

12/5/2025 Two hundred NVIDIA shares closed below the $185.00 strike price at $182.41, so the two Call options expired and the 200 NVIDIA shares remained in the Covered Calls Advisor Portfolio.

12/8/2025 Continued this NVIDIA Corporation Covered Calls position by selling 2 December 19th, 2025 $185.00 Call options at $5.75 per share when the stock was trading at $185.38 per share.  

A possible overall performance results (including commissions) for this NVIDIA Corporation Covered Calls position if it closes above the $185.00 strike price at the Dec. 19th options expiration is as follows:
Covered Calls Net Investment: $34,641.34
= ($177.70 - $4.50) * 200 shares + $1.34 commission

Net Profit:
(a) Options Income: +$2,050.00
= ($4.50 + $5.75) * 200 shares - $2.68 commissions
(b) Dividend Income: +$2.00 = $.01 x 200 shares
(c) Capital Appreciation (If 200 NVIDIA shares assigned (i.e. above the $185.00 strike price) on the 12/19 options expiration date): +$1,460.00
+($185.00 strike price - $177.70 stock purchase price) * 200 shares

Total Net Profit Potential (If 200 NVIDIA shares assigned at the $185.00 strike price on the 12/19 options expiration date): +$3,510.00

= ($185.00 strike price - $177.70 purchase price) x 200 shares + $2,050.00 Call options premium = $1,460.00 + $2,050.00

Potential Absolute Return-on-Investment (If 200 NVIDIA shares assigned at the $185.00 strike price on the 12/19 options expiration date): +10.1%
= (+$3,510.00/$34,641.34)

Potential Annualized Return-on-Investment (If 200 NVIDIA shares assigned at the $185.00 strike price on the 12/5 options expiration date): +127.5%
= (+$3,510.00/$34,641.34) * (365/29 days)