Covered Calls Position Established in Uber Technologies Inc.

This afternoon my short-term (i.e. 8 days) buy/write net debit limit order was executed and 200 shares of Uber Technologies Inc.(ticker symbol UBER) stock were purchased at $82.66 and 2 January 30th, 2026 $81.00 Call options were sold at $2.72 per share -- a net debit of $79.94 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 $1.06 per share [$2.72 Call options premium - ($82.66 stock purchase price - $81.00 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 preferred, the next quarterly earnings report on February 4th, 2026 is after the January 30th options expiration date. 

As detailed below, a potential outcome for this Uber Technologies investment is +1.3% absolute return-on-investment for the next 8 days (equivalent to +60.1% annualized-return-on-investment) if the stock closes above the $81.00 strike price on the January 30th, 2026 options expiration date.

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

The net debit buy/write limit order was executed as follows:
1/22/2026 Bought 200 shares of Uber Technologies Inc. stock @ $82.66 per share.  
1/22/2026 Sold 2 Uber January 30th, 2026 $81.00 Call options @ $2.72 per share.
Note: this was a simultaneous Buy/Write transaction and the Implied Volatility of the Calls was 36.9 when this position was established which, as preferred, is well above the current VIX of 15.5.  

A possible overall performance result (including commissions) if this position is assigned on its 1/30/2026 options expiration date is as follows:
Covered Calls Net Investment: $15,989.34
= ($82.66 - $2.72) * 200 shares + $1.34 commission

Net Profit Components:
(a) Options Income: +$542.66
= ($2.72 * 200 shares) - $1.34 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If Uber stock is above the $81.00 strike price at the 1/30/2026 options expiration date): -$332.00
= ($81.00 - $82.66) * 200 shares

Potential Total Net Profit (If assigned at expiration): +$210.66
= (+$542.66 options income + $0.00 dividend income - $332.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.3%
= +$210.66/$15,989.34
Potential Equivalent Annualized-Return-on-Investment: +60.1%
= (+$210.66/$15,989.34) * (365/8 days)