Established Covered Calls in NVIDIA Corporation

A Covered Calls position of 15 days duration was established yesterday in NVIDIA Corporation (ticker NVDA).  My buy/write net debit limit order at $206.28 was executed and the time value was $3.72 per share [$13.56 Call options premium - ($219.84 stock purchase price - $210.00 strike price)].  An in-the-money strike price was established with the probability that NVIDIA's stock will close in-the-money (i.e. above the $210.00 strike price) on the 6/18/2026 options expiration date was 69.2% when this transaction was executed.  

As detailed below, a potential return-on-investment result if NVIDIA's share price is in-the-money (i.e. above the $210.00 strike price) and therefore assigned on its June 18th, 2026 options expiration date is +1.9% absolute return-on-investment (equivalent to +46.7% annualized return-on-investment for the next 8 days).

NVIDIA Corporation (NVDA) -- New Covered Calls Position

The buy/write net limit order transaction was as follows:
6/3/2026 Bought 200 NVIDIA Corporation shares at $219.84.

6/3/2026 Sold 2 NVIDIA 6/18/2026 $210.00 Call options @ $13.56 per share.  The Implied Volatility of these Calls was 42.4 when this position was established, which is well above (as preferred) the current value of the S&P 500 Volatility Index (i.e. VIX).

6/4/2026 Ex-dividend of $.25 per share.  

A possible overall performance result (including commissions) for this NVIDIA Corporation Covered Calls position is as follows:
Covered Calls Net Investment: $41,257.34
= ($219.84 - $13.56) * 200 shares + $1.34 commission

Net Profit:
(a) Options Income: +$2,710.66
= ($13.56 * 200 shares) - $1.34 commission
(b) Dividend Income: +$50.00 = $.25 per share x 200 shares
(c) Capital Appreciation (If 200 NVIDIA shares assigned (i.e. above the $210.00 strike price) on the 6/18/2026 options expiration date): -$1,968.00
+($210.00 strike price - $219.84 stock purchase price) * 200 shares

Total Net Profit Potential (If 200 NVIDIA shares assigned at the $210.00 strike price on the 6/18/2026 options expiration date): +$792.56

= (+$2,710.56 options income + $50.00 dividend income - $1,968.00 capital appreciation)

Potential Absolute Return-on-Investment (If 200 NVIDIA shares assigned (i.e. sold) at the $210.00 strike price on the 6/18/2026 options expiration date): +1.9%

= (+$792.56/$41,257.34)

Potential Annualized Return-on-Investment (If 200 NVIDIA shares assigned at the $210.00 strike price on the 6/18/2026 options expiration date): +61.7%
= (+$792.56/$41,257.34) * (365/15 days)