Established Covered Calls Position in Match Group Inc.

With less than a hour remaining in today's trading session, my buy/write limit order for Match Group (ticker MTCH) was executed.  My net debit limit price was $36.34 and four hundred shares were purchased at $38.27 and four February 16th, 2024 Call options were sold at $1.93 at the $37.00 strike price.  The time value was $.66 per share = [$37.00 strike price - ($38.27 stock purchase price - $1.93 Call options price)].   Given my current "Neutral" stock market outlook, a slightly in-the-money Covered Calls position was established with a Delta of 67.6 which approximates a 67.6% probability this position will be in-the-money and therefore assigned on the February 16th, 2024 options expiration date.  As desired, there is no earnings report prior to the options expiration date.

The Match Group is the leading online dating services company worldwide including several brands that include Tinder, Match, and Hinge.  Match is profitable and their earnings per share and revenues are now achieving regular quarterly revenue and profit increases based on their worldwide presence and their growth opportunities (especially in Asia but also in Europe).  As shown in the detailed chart below, Match Group meets all 12 filters of my Basic Filters stock screener.  Also, Analysts' Price to Consensus Target is +29.1% above today's $38.27 stock purchase price. 

As detailed below, the potential return-on-investment results for this Match Group Inc. Covered Calls position is +1.8% absolute return (equivalent to +43.6% annualized return-on-investment for the next 15 days) if the stock is assigned on the February 16th, 2024 options expiration date.

Match Group Inc. (MTCH) -- New Covered Calls Position

The buy/write transaction was:
2/1/2024 Sold 400 Match Group Inc. shares @ $38.27
2/1/2024 Sold 4 MTCH 2/16/2024 $37.00 Call options @ $1.93 per share.

A possible overall performance result (including commissions) for this Match Group Covered Calls position is as follows:
Match Group Covered Calls Net Investment: $14,538.68
= ($38.27 - $1.93) * 400 shares + $2.68 commission

Net Profit:
(a) Options Income: +$768.65
= ($1.93 * 400 shares) - $3.35 commission
(b) Dividend Income: +$0.00
= ($0.00 dividends per share x 400 shares)
(c) Capital Appreciation (If MTCH shares assigned at $37.00 strike price at expiration): -$508.00
+($37.00 - $38.27) * 400 shares

Total Net Profit (If options exercised on the 2/16/2024 options expiration date): +$260.65

= (+$768.65 options income +$0.00 dividend income -$508.00 capital appreciation)

Potential Absolute Return-on-Investment (If the Match Group Inc. shares are assigned at the $37.00 strike price at the Feb. 16th, 2024 options expiration date): +1.8%

= +$260.65/$14,538.68

Potential Annualized Return-on-Investment (If 400 Match Group shares assigned at $41.00 at the 9/29/2023 options expiration): +43.6%

= (+$260.65/$14,538.68) * (365/15 days)