Established Covered Call in NVIDIA Corporation

Today a Covered Call position of 14 days duration was established in NVIDIA Corporation (ticker NVDA).  My net buy/write limit order at $166.90 was executed by simultaneously purchasing one hundred shares at $175.99 and selling one December 26th, 2025 weekly Call option at the $170.00 strike price at $9.09 per share, which provides a $3.10 per share = [$9.09 Call option premium received - ($175.99 stock purchase price - $170.00 option strike price)] time value profit potential.  This is the second NVIDIA Covered Calls position in my current portfolio with the prior position being at the December 19th $185 strike price.  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 12/26/2025 options expiration date was 66.5% when this transaction was executed.  As preferred, the next earnings report on February 2026 is after the 12/26/2025 options expiration date. 

As detailed below, a potential return-on-investment result is +1.9% absolute return-on-investment (equivalent to +48.3% annualized return-on-investment for the next 14 days) if NVIDIA's share price is in-the-money (i.e. above the $170.00 strike price) and therefore assigned on its December 26th, 2025 options expiration date.  

NVIDIA Corporation (NVDA) -- New Covered Call Position

Today's buy/write net limit order transaction was as follows:
12/12/2025 Bought 100 NVIDIA Corporation shares at $175.99.

12/12/2025 Sold 1 NVIDIA 12/26/2025 $170.00 Call option @ $9.09 per share.  The Implied Volatility of these Calls was 39.6% 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: $16,690.67
= ($175.99 - $9.09) * 100 shares + $.67 commission

Net Profit:
(a) Option Income: +$908.33
= ($9.09 * 100 shares) - $.67 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If 100 NVIDIA shares assigned at the $170.00 strike price at expiration): -$599.00
+($170.00 strike price - $175.99 stock purchase price) * 100 shares

Total Net Profit Potential (If 100 NVIDIA shares in-the-money and therefore assigned at the $170.00 strike price at the options expiration date): +$309.33
= (+$908.33 option income + $0.00 dividend income - $599.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.9%
= +$309.33/$16,690.67
Potential Annualized Return-on-Investment: +48.3%
= (+$309.33/$16,690.67) * (365/14 days)