Established Covered Call in NVIDIA Corporation

A Covered Call position of 15 days duration was established today in NVIDIA Corporation (ticker NVDA).  My buy/write net debit limit order at $211.98 was executed and the time value (aka extrinsic value) was $3.02 per share [$9.85 Call option premium - ($221.83 stock purchase price - $215.00 strike price)].  An in-the-money strike price was established with the probability that NVIDIA's stock will close in-the-money (i.e. above the $215.00 strike price) on the 10/9/2026 options expiration date was 68.3% when this transaction was executed.  NVIDIA's next earnings report is on 11/17/2026 which, as preferred, is after the 10/9/2026 options expiration date.   

As detailed below, a potential return-on-investment result if NVIDIA's share price is in-the-money (i.e. above the $215.00 strike price) and therefore assigned on its October 9th, 2026 options expiration date is +1.4% absolute return-on-investment (equivalent to +34.6% annualized return-on-investment for the next 15 days).  

NVIDIA Corporation (NVDA) -- New Covered Call Position

The buy/write net limit order transaction was as follows:
9/24/2026 Bought 100 NVIDIA Corporation shares at $221.83.  

9/24/2026 Sold 1 NVIDIA 10/9/2026 $215.00 Call option @ $9.85 per share.  The Implied Volatility of this Call was 31.6 when this position was established, which is above (as preferred) the current value of the S&P 500 Volatility Index (i.e. VIX) of 15.9.

A possible overall performance result (including commissions) for this NVIDIA Corporation Covered Call position is as follows:
Covered Call Net Investment: $21,198.67
= ($221.83 - $9.85) * 100 shares + $.67 commission

Net Profit:
(a) Option Income: +$984.33
= ($9.85 * 100 shares) - $.67 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If 100 NVIDIA shares assigned (i.e. above the $215.00 strike price) on the 10/9/2026 options expiration date): -$683.00
+($215.00 strike price - $221.83 stock purchase price) * 100 shares

Total Net Profit Potential (If 100 NVIDIA shares are in-the money and therefore assigned at the $215.00 strike price on the 10/9/2026 options expiration date): +$301.33

= (+$984.33 option income + $0.00 dividend income - $683.00 capital appreciation)

Potential Absolute Return-on-Investment (If 100 NVIDIA shares assigned (i.e. sold) at the $215.00 strike price on the 10/9/2026 options expiration date): +1.4%

= (+$301.33/$21,198.67)

Potential Annualized Return-on-Investment (If 100 NVIDIA shares assigned at the $215.00 strike price on the 10/9/2026 options expiration date): +34.6%
= (+$301.33/$21,198.67) * (365/15 days)