Established Covered Call in Uber Technologies Inc.

Today my buy/write net debit limit order was executed and 100 shares of Uber Technologies Inc. (ticker symbol UBER) stock were purchased at $91.98 and one October 31st, 2025 $89.00 Call option was sold at $4.72 per share -- a net debit of $87.26 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 $1.74 per share [$4.72 Call option premium - ($91.98 stock purchase price - $89.00 strike price)]. The probability that the stock will be in-the-money and therefore assigned on its options expiration date was 64.8% when this order was transacted.  

As detailed below, a potential outcome for this Uber Technologies investment is +2.0% absolute return-on-investment for the next 14 days (equivalent to +51.8% annualized-return-on-investment) if the stock closes above the $89.00 strike price on the October 31st, 2025 options expiration date.

Uber Technologies Inc. (UBER) -- New Covered Call Position

The net debit buy/write limit order was executed as follows:
10/17/2025 Bought 100 shares of Uber Technologies Inc. stock @ $91.98 per share.  
10/17/2025 Sold 1 Uber October 31st $89.00 Call option @ $4.72 per share.
Note: this was a simultaneous Buy/Write transaction and the Implied Volatility of the Calls was 41.0 when this position was established which, as preferred, is well above the current VIX of 22.6.  

A possible overall performance result (including commissions) if this position is assigned on its 10/31/2025 options expiration date is as follows:
Covered Calls Net Investment: $8,726.67
= ($91.98 - $4.72) * 100 shares + $.67 commission

Net Profit Components:
(a) Options Income: +$471.33
= ($4.72 * 100 shares) - $.67 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If Uber stock is above the $89.00 strike price at the 10/31/2025 options expiration date): -$298.00
= ($89.00 - $91.98) * 100 shares

Potential Total Net Profit (If assigned at expiration): +$173.33
= (+$471.33 options income + $0.00 dividend income - $298.00 capital appreciation)

Potential Absolute Return-on-Investment: +2.0%
= +$173.33/$8,726.67
Potential Equivalent Annualized-Return-on-Investment: +51.8%
= (+$173.33/$8,726.67) * (365/14 days)