Covered Calls Position Established in Uber Technologies Inc.

This afternoon my buy/write net debit limit order was transacted and 400 shares of Uber Technologies Inc. (ticker symbol UBER) stock were purchased at $71.23 and 4 September 25th, 2026 $69.00 Call options were sold at $3.45 per share -- a net debit of $67.78 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 $1.22 per share [$3.45 Call options premium - ($71.23 stock purchase price - $69.00 strike price)]. The probability that the stock will be in-the-money and therefore assigned on its options expiration date was 66.3% when this order was transacted. As preferred, the next quarterly earnings report on November 3rd, 2026 is after the September 25th options expiration date.  

As detailed below, a potential outcome for this Uber Technologies investment is +1.8% absolute return-on-investment for the next 16 days (equivalent to +40.8% annualized-return-on-investment) if the stock closes above the $69.00 strike price on the September 25th, 2026 options expiration date.

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

The net debit buy/write limit order was executed as follows:
9/9/2026 Bought 400 shares of Uber Technologies Inc. stock @ $71.23 per share.  
9/9/2026 Sold 4 Uber Sept 25th, 2026 $69.00 Call options @ $3.45 per share.
Note: this was a simultaneous Buy/Write transaction and the Implied Volatility of the Calls was 35.4 when this position was established which, as preferred, is well above the current VIX of 16.3.  

A possible overall performance result (including commissions) if this position is assigned on its 9/25/2026 options expiration date is as follows:
Covered Calls Net Investment: $27,114.68
= ($71.23 - $3.45) * 400 shares + $2.68 commission

Net Profit Components:
(a) Options Income: +$1,377.32
= ($3.45 * 400 shares) - $2.68 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If Uber stock is above the $69.00 strike price at the 9/25/2026 options expiration date): -$892.00
= ($69.00 - $71.23) * 300 shares

Potential Total Net Profit (If assigned at expiration): +$485.32
= (+$1,377.32 options income + $0.00 dividend income - $892.00 capital appreciation)

Potential Absolute Return-on-Investment: +1.8%
= +$485.32/$27,114.68
Potential Equivalent Annualized-Return-on-Investment: +40.8%
= (+$485.32/$27,114.68) * (365/16 days)