Established Covered Calls in NVIDIA Corporation

This morning a short-term Covered Calls position was established in NVIDIA Corporation (ticker NVDA).  My net buy/write limit order at $167.96 was executed by simultaneously purchasing two hundred shares at $176.24 and selling two September 26th, 2025 weekly Call options at the $170.00 strike price at $8.28 per share, which provides a $2.04 per share = [$8.28 Call options premium received - ($176.24 stock purchase price - $170.00 options strike price)] time value profit potential.  This is the second Covered Calls position in my current portfolio; the first position at the $172.50 strike price has an expiration date this Friday.  A moderately in-the-money Covered Calls positions was established for my new position with the probability that NVIDIA's stock will close in-the-money on the options expiration date was 71.0%.  As preferred, the next earnings report on November 19th, 2025 is after the September 26th options expiration date. 

As detailed below, a potential return-on-investment result is +1.2% absolute return-on-investment (equivalent to +44.2% annualized return-on-investment for the next 10 days) if NVIDIA's share price is in-the-money (i.e. above the $170.00 strike price) and therefore assigned on its Sept 26th, 2025 options expiration date.  

NVIDIA Corporation (NVDA) -- New Covered Calls Position

Today's buy/write net limit order transaction was as follows:
9/16/2025 Bought 200 NVIDIA Corporation shares at $176.24.

9/16/2025 Sold 2 NVIDIA 9/26/2025 $170.00 Call options @ $8.28 per share.  The Implied Volatility of these Calls was 37.8% when this position was established.  

A possible overall performance result (including commissions) for this NVIDIA Corporation Covered Calls position is as follows:
Covered Calls Net Investment: $33,593.34
= ($176.24 - $8.28) * 200 shares + $1.34 commission

Net Profit:
(a) Options Income: +$1,654.66
= ($8.28 * 200 shares) - $1.34 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If 200 NVIDIA shares assigned at the $170.00 strike price at expiration): -$1,248.00
+($170.00 strike price - $176.24 stock purchase price) * 200 shares

Total Net Profit Potential (If 200 NVIDIA shares in-the-money and therefore assigned at the $170.00 strike price at the options expiration date): +$406.66
= (+$1,654.66 options income + $0.00 dividend income - $1,248.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.2%
= +$406.66/$33,593.34
Potential Annualized Return-on-Investment: +44.2%
= (+$406.66/$33,593.34) * (365/10 days)