Sold 10 MOMO Calls

I bought 1000 shares of MOMO at $15.97 on 1/13 and sold a 10 contract $16 Call. I was not assigned on that call so I just sold another 10 contract Call. I sold 10 2/5/21 $16 Calls for a 50¢ premium for $500.

Sell to Open 10 MOMO 2/5/21 $16.00 C @ 50¢ (+$500)

This 50¢ premium is a Return of 3% for a 1 week trade. This trade gets a Risk Factor 1.