Established Covered Call in NVIDIA Corporation

Today a Covered Call position of 15 days duration was established in NVIDIA Corporation (ticker NVDA).  My net buy/write limit order at $169.46 was executed by simultaneously purchasing one hundred shares at $181.44 and selling one November 7th, 2025 weekly Call option at the $172.50 strike price at $11.98 per share, which provides a $3.04 per share = [$11.98 Call option premium received - ($181.44 stock purchase price - $172.50 option strike price)] time value profit potential.  This is the third NVIDIA Covered Calls position in my current portfolio; the first two positions (both also at the $172.50 strike price) have expiration dates tomorrow and next Friday (8 calendar days from today).  A moderately in-the-money Covered Call position was established for my new position with the probability that NVIDIA's stock will close in-the-money on the 11/7/2025 options expiration date was 70.6% when this transaction was executed.  As preferred, the next earnings report on November 19th, 2025 is after the November 7th options expiration date. 

As detailed below, a potential return-on-investment result is +1.8% absolute return-on-investment (equivalent to +43.6% annualized return-on-investment for the next 15 days) if NVIDIA's share price is in-the-money (i.e. above the $172.50 strike price) and therefore assigned on its November 7th, 2025 options expiration date.  

NVIDIA Corporation (NVDA) -- New Covered Call Position

Today's buy/write net limit order transaction was as follows:
10/23/2025 Bought 100 NVIDIA Corporation shares at $181.44.

10/23/2025 Sold 1 NVIDIA 11/7/2025 $172.50 Call option @ $11.98 per share.  The Implied Volatility of these Calls was 43.9% when this position was established.  

A possible overall performance result (including commissions) for this NVIDIA Corporation Covered Call position is as follows:
Covered Calls Net Investment: $16,946.67
= ($181.44 - $11.98) * 100 shares + $.67 commission

Net Profit:
(a) Options Income: +$1,197.33
= ($11.98 * 100 shares) - $.67 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If 100 NVIDIA shares assigned at the $172.50 strike price at expiration): -$894.00
+($172.50 strike price - $181.44 stock purchase price) * 100 shares

Total Net Profit Potential (If 100 NVIDIA shares in-the-money and therefore assigned at the $172.50 strike price at the options expiration date): +$303.33
= (+$1,197.33 option income + $0.00 dividend income - $894.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.8%
= +$303.33/$16,946.67
Potential Annualized Return-on-Investment: +43.6%
= (+$303.33/$16,946.67) * (365/15 days)