Established Covered Call in NVIDIA Corporation

A third Covered Call position was established yesterday in NVIDIA Corporation (ticker NVDA).  My net buy/write limit order at $176.52 was executed by simultaneously purchasing one hundred shares at $187.67 and selling one January 23rd, 2026 Call option at the $180.00 strike price at $11.15 per share, which provides a $3.48 per share = [$11.15 Call option premium received - ($187.67 stock purchase price - $180.00 option strike price)] time value profit potential.  This new position continues my recent practice of having a NVIDIA Covered Call position expiring each week.  A moderately in-the-money Covered Call position was established for this new position with the probability that NVIDIA's stock will close in-the-money on the 1/23/2026 options expiration date was 67.5% when this transaction was executed.  As I prefer, the next earnings report on February 25th, 2026 is after the January 23rd, 2026 options expiration date. 

As detailed below, a potential return-on-investment result is +2.0% absolute return-on-investment (equivalent to +39.9% annualized return-on-investment for the next 18 days) if NVIDIA's share price is in-the-money (i.e. above the $180.00 strike price) and therefore assigned on its January 23rd, 2026 options expiration date.  

NVIDIA Corporation (NVDA) -- New Covered Call Position

Today's buy/write net limit order transaction was as follows:
1/5/2026 Bought 100 NVIDIA Corporation shares at $187.67.

1/5/2026 Sold 1 NVIDIA 1/23/2026 $180.00 Call option @ $11.15 per share. The Implied Volatility of this Call option was 39.3 when this position was established. 

A possible overall performance result (including commissions) for this NVIDIA Corporation Covered Call position is as follows:
Covered Call Net Investment: $17,652.67
= ($187.67 - $11.15) * 100 shares + $.67 commission

Net Profit:
(a) Option Income: +$1,114.33
= ($11.15 * 100 shares) - $.67 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If 100 NVIDIA shares assigned at the $180.00 strike price at expiration): -$767.00
+($180.00 strike price - $187.67 stock purchase price) * 100 shares

Total Net Profit Potential (If 100 NVIDIA shares in-the-money and therefore assigned at the $180.00 strike price at the options expiration date): +$347.33
= (+$1,114.33 option income + $0.00 dividend income - $767.00 capital appreciation)

Potential Absolute Return-on-Investment: +2.0%
= +$347.33/$17,652.67
Potential Annualized Return-on-Investment: +39.9%
= (+$347.33/$17,652.67) * (365/18 days)