Covered Calls Position Established in Amazon.com Inc.

Today my buy/write net debit limit order was executed and 200 shares of Amazon.com Inc. (ticker symbol AMZN) stock were purchased at $140.64 and 2 December 1st, 2023 $138.00 Call options were sold at $4.96 per share -- a net debit of $135.68 per share.  So the potential time value profit if the stock is in-the-money and therefore closed out by assignment on the options expiration date is $2.32 per share [$4.96 Call options premium - ($140.64 stock purchase price - $138.00 strike price)]. 

As detailed below, a potential outcome for this Amazon.com investment is +1.7% absolute return-on-investment for the next 15 days (equivalent to +41.5% annualized-return-on-investment) if the stock closes above the $138.00 strike price on the December 1st, 2023 options expiration date.

Amazon.com Inc. (AMZN) -- New Covered Calls Position

The net debit buy/write limit order was executed as follows:
11/16/2023 Bought 200 shares of Amazon.com stock @ $140.64 per share.  
11/16/2023 Sold 2 AMZN December 1st, 2023 $138.00 Call options @ $4.96 per share.
Note: this was a simultaneous Buy/Write transaction and the Implied Volatility of the Calls was 30.2 when this position was established which, as preferred, is well above the current VIX of 14.3.  

A possible overall performance result (including commissions) if this position is assigned on its 12/1/2023 options expiration date is follows:
Covered Calls Net Investment: $27,137.34
= ($140.64 - $4.96) * 200 shares + $1.34 commission

Net Profit Components:
(a) Options Income: +$990.66
= ($4.96 * 200 shares) - $1.34 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If Amazon.com stock is above the $138.00 strike price at the December 1st, 2023 options expiration date): -$528.00
= ($138.00 - $140.64) * 200 shares

Potential Total Net Profit (If assigned at expiration): +$462.66
= (+$990.66 options income + $0.00 dividend income - $528.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.7%
= +$462.66/$27,137.34
Potential Equivalent Annualized-Return-on-Investment: +41.5%
= (+$462.66/$27,137.34) * (365/15 days)