Roll forward and up 1 Covered Call on SOLO stock - Potential income return +21.6% in 162 days

On May 06, 2021, we rolled forward and up 1 covered call on SOLO stock expiring on September 17, 2021 . For this trade, we got a $51 premium (before commissions)

We have been in this trade since April 2021, when we bought 100 shares of SOLO at $5

here is our trade setup:

• SLD 1 SOLO SEP 17 '21 5 Call Option 0.51 USD

what can happen next:

SOLO is trading below our strike price of $5  at the expiry date (September 17, 2021), in such case, we keep the premium and sell more covered calls to lower our cost basis. 

In case SOLO is trading above our strike price of $5, our 100 shares get called away at the strike price of $5, and (as we have already collected some premium from selling puts and calls in the past) we realize our max gain +$108 or +21.6% potential return of income in 162 days

Break-even: $3.94