Week 32 / Weekly NVDA Options Income: $75 in Premiums and a 2.32% Portfolio Rise to $9,735

14 November, 2025 | | 44 seen

As of November 14, 2025, our covered call stock portfolio has slightly increased to to $9,735, what is a minor increase of +2.32% (+$220 if compared to the previous week. $10,000 feels within reach. With disciplined risk management, we should be able to hit it by year-end — a solid springboard for 2026.

Surprisingly, our NVDA-heavy covered-call portfolio continues to perform well. Its steady premium income and reduced directional exposure contrast sharply with the crypto hedge fund, which has already dropped more than 50% from its September peak.

Most of the week went into building Python-powered machine learning bots for our options trading operations at Terramatris.

I keep saying I’m a bit exhausted from trading NVDA week after week, yet once again I kept credit spreads in the arsenal and sold another weekly spread, collecting a solid premium.

Current positions

• NVDA NOV 21, 2025 170/160 Bull Put Credit Spread
• 2X BMY NOV 21, 2025 43.5/38 Bull Put Credit spread
• SHELL DEC 19, 2025 31/28 Bull Put Credit Spread
• NVDA APR 17, 2026 $115 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $75 in options premium this week. If we can consistently average that amount, it would take approximately 62 weeks to fully eliminate our margin debt of $4,675.  Watching our margin requirement shrink week after week is genuinely motivating.

Looking ahead to next week, I will be closely monitoring the NVDA $170/160 put spread and  BMY put spreads. Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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Week 31 / NVDA Dip Trims Covered-Call Portfolio to $9,514

7 November, 2025 | | 43 seen

As of November 7, 2025, our covered call stock portfolio has slightly dipped to to $9,514, what is a minor decrease of -1.07% (+$102 if compared to the previous week. The dip is mainly due to the retracement in NVDA’s price and our need to adjust the bull put credit spread on it this Friday.

Most of the week was quite slow and uneventful — which is usually a good thing. The exception was Friday, when NVDA briefly dipped below 180. I rolled our 185/175 credit spread to next week’s expiry.

Frankly, NVDA is starting to look oversold to me. I’m considering taking a break from it, as I wouldn’t rule out a deeper correction — and since we’re trading on margin, that could get costly. Depending on how things go next week, I might step away from NVDA weeklies and look for something a bit less volatile.

Current positions

• NVDA NOV 14, 2025 180/170 Bull Put Credit Spread
• 2X BMY NOV 21, 2025 43.5/38 Bull Put Credit spread
• SHELL DEC 19, 2025 31/28 Bull Put Credit Spread
• NVDA APR 17, 2026 $115 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $25 in options premium this week. If we can consistently average that amount, it would take approximately 189 weeks to fully eliminate our margin debt of $4,747.  

Looking ahead to next week, I will be closely monitoring the NVDA $180/170 put spread Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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Building a Deribit Options Scanner with Python and Streamlit

6 November, 2025 | Servers | 48 seen

I’m still amazed at how capable ChatGPT has become - it’s honestly wild. Today I spent several hours refining and deploying a fully functional Deribit Options Scanner, and the results exceeded my expectations.

This project is originally built for the Terramatris crypto hedge fund, but I decided to make it available to everyone interested in crypto options trading. While it’s still an early-stage tool, it’s already turning into something quite powerful.

Architecture and Stack

The scanner is hosted on a Linode VPS, behind NGINX for reverse proxy and static serving. The core application is written in Python, using Streamlit for the user interface — a lightweight yet capable framework for building interactive financial dashboards.

Under the hood, the scanner communicates directly with the Deribit API, fetching live data for both BTC and ETH options. It parses the full options chain, structures it for analysis, and displays it in a clear, sortable interface. Everything updates dynamically, giving a real-time view of strikes, expiries, mark prices, implied volatility, and more.

At this stage, the app is hosted as is - it’s functional, stable, and a solid foundation to build on. Over time, I plan to add new features like volatility surfaces, open interest tracking, and filters for premium decay and delta exposure.

Designed for Option Sellers

The current logic and data layout are designed primarily for options sellers — traders who profit from selling put or call options on Deribit. The scanner highlights premiums, bid/ask spreads, and implied volatility  the metrics that matter most for covered call or cash-secured put strategies.

It’s not a fully automated trading bot (yet), but rather a research and signal tool that helps identify high-probability setups in the BTC and ETH options markets.

For beginners, it’s an excellent way to visualize how option chains behave in real time — though, as with all derivatives, a bit of learning is needed to fully understand the mechanics. For seasoned traders, it’s a practical way to scan for edge and quickly evaluate risk/reward profiles without manually crunching numbers.

What’s Next

I see this project evolving steadily - maybe integrating with Terramatris’ internal analytics, maybe offering portfolio tracking and PnL simulations for live positions. The flexibility of Python and the Deribit API means the possibilities are wide open.

Right now, though, I’m just excited about how far this tool has come in a single day of development with AI assistance. ChatGPT helped with structuring, debugging, and even optimizing API calls - things that would have taken much longer to figure out manually.

This Deribit Options Scanner is a perfect example of how AI-augmented development and open crypto infrastructure can enable rapid, meaningful progress in the trading world. 

Week 30 / NVDA, BMY and SHELL Options: $161 Premium, +4.65% Return

31 October, 2025 | | 89 seen

As of October 31, 2025, our covered call stock portfolio has grown to $9,617, what is a significant increase of +4.65% (+$426) if compared to the previous week. The strong performance in our portfolio was driven by a rebound in BMY’s share price and NVDA’s historic breakout above $200, making it the first company ever to surpass a $5 trillion market capitalization. An extraordinary week by any measure.

On a personal note, my mother visited me in Tbilisi, and we enjoyed a few short day trips to David Gareji and Kiketi Farm.

Last week, I rolled BMY options to the $43.50 strike, added a position in Royal Dutch Shell (Amsterdam) to strengthen our euro-denominated exposure, and initiated a new credit spread on NVDA.

Current positions

• NVDA NOV 7, 2025 185/175 Bull Put Credit Spread
• 2X BMY NOV 21, 2025 43.5/38 Bull Put Credit spread
• SHELL DEC 19, 2025 31/28 Bull Put Credit Spread
• NVDA APR 17, 2026 $115 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $161 in options premium this week. If we can consistently average that amount, it would take approximately 29 weeks to fully eliminate our margin debt of $4,749.  

Looking ahead to next week, I will be closely monitoring the NVDA $185/175 put spread Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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Week 29 / Tbilisi Silk Road Forum & Weekly Portfolio Update: NVDA Options Roll, McDonald’s Purchase

24 October, 2025 | | 35 seen

As of October 23, 2025, our covered call stock portfolio has grown to $9,190, what is a significant increase of +3.08% (+$272) if compared to the previous week. 

Besides our activities in the equity markets, last week I had the honor of attending the Tbilisi Silk Road Forum. During the event, I had the opportunity to meet the Prime Ministers of Armenia, H.E. Nikol Pashinyan; Georgia, H.E. Irakli Kobakhidze (twice); and Azerbaijan, H.E. Ali Asadov.

Georgia truly is a wonderful place to be. I also had the chance to connect with the Governors of the National Banks of Georgia and Kazakhstan, and to befriend the former Minister of Economy of Armenia, among others.

One of the highlights of the forum was meeting and befriending a chess prodigy who has defeated Garry Kasparov and even played against my fellow Latvian, Mikhail Tal. Options trading and chess share a remarkable resemblance — both require strategy, patience, and precise timing.

Now, turning to the equity markets and derivatives — last week I made a few smaller purchases of McDonald’s and NVDA stock, providing a solid boost to our long-term portfolio. On the options side, I rolled forward and down the 180/160 NVDA bull put spread to next week’s expiry.

The outcome of this roll: additional credit collected and reduced overall risk. Also, our UBER bull put spread expired worthless. Due to increased volatility in the markets, I decided not to open new positions until there’s more clarity regarding our NVDA stock.

Current positions

• NVDA Oct 31, 2025 177.5/160 Bull Put Credit Spread
• 2X BMY Oct 31, 2025 44/41 Bull Put Credit spread
• NVDA APR 17, 2026 $115 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $66 in options premium this week. If we can consistently average that amount, it would take approximately 73 weeks to fully eliminate our margin debt of $4,803.  

Looking ahead to next week, I will be closely monitoring the NVDA $177.5 put spread and our BMY trade. Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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Tsikhisdziri & Batumi Botanical Garden

20 October, 2025 | Living in Georgia | 22 seen

After returning from our amazing trip to Thessaloniki, we decided to extend our holiday a bit longer — this time in beautiful Tsikhisdziri. Huge thanks to Eto for kindly offering her cozy apartments at Bambo Beach, where we enjoyed a full week of relaxation by the sea.

During our stay, we explored local gems like Shukura Tsikhisdziri (შუქურა ციხისძირი), savored delicious Georgian food, and took a peaceful stroll through the Batumi Botanical Garden.

The result? A short travel movie that captures the essence of our Tsikhisdziri escape — sun, sea, good food, and great vibes. 

Week 28 / NVDA Roll to 180/160; $66 Premium Collected

17 October, 2025 | | 28 seen

As of October 17, 2025, our covered call stock portfolio has dipped to $8,917, what is a decrease of -1.83% (-$166) if compared to the previous week. In our Terramatris crypto hedge fund, this week has been much rougher, with a sharp drop of more than 20% following the U.S. tariff announcement on China.

Due to increased volatility in the stock market earlier this week, I rolled down and forward our NVDA $182 put to a $180/$160 bull put spread with next week’s expiry, while still collecting a premium of $66. That was the only adjustment made to the portfolio last week.

Current positions

• NVDA Oct 24, 2025 180/160 Bull Put Credit Spread
• 2X BMY Oct 31, 2025 44/41 Bull Put Credit spread
• UBER Oct 24, 2025 89/85 Bull Put Credit Spread
• NVDA APR 17, 2026 $115 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $66 in options premium this week. If we can consistently average that amount, it would take approximately 72 weeks to fully eliminate our margin debt of $4,810.  

Looking ahead to next week, I will be closely monitoring the NVDA $180 put spread and our Uber trade, depending on result I might enter additional Uber trade( if expires worthless) Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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Unique newsreel footage of the Battle in the Courland Pocket. ‘The Baltic Verdun’ (1944–1945)

13 October, 2025 | Documentaries | 13 seen

Earlier today, YouTube unexpectedly recommended a Russian-language documentary titled “The Baltic Verdun (1944–1945)”, produced by Frontline Chronicles. The film presents rare archival footage from the Battle in the Courland Pocket, a series of fierce engagements fought in western Latvia during the final months of World War II.

It seems the algorithm did its job remarkably well — because this documentary touches directly on places connected to my own family history. My grandfather, Solomon Fischer (1913–1995) — a Holocaust survivor who later served in the Red Army (1941-1945)— fought in several of the very locations mentioned in the film: Blīdene, Saldus, and nearby areas.

The documentary traces the events across Tukums, Saldus, Priekuli, Liepaja, and other towns, depicting the desperate final battles where German forces were pushed toward the Baltic coast. One striking scene even references soldiers sending water from the Baltic Sea near Tukums to Stalin — a symbolic gesture marking the Red Army’s advance to the sea.

Watching this piece of history was both emotional and illuminating. It’s not just a war story — it’s a glimpse into the harsh realities my grandfather and countless others endured. Sometimes, technology’s algorithms work in mysterious and meaningful ways, reconnecting us with the forgotten corners of our own past.

Week 27 / 12 Years Blogging from Tbilisi: Beating the S&P 500 in 2025

10 October, 2025 | | 30 seen

Greeting from Tbilisi, Georgia! Today is October 10, and it marks the 12th anniversary of my personal blog — wow, how time flies! For nearly a decade, I was very active in publishing daily content on almost everything: life in Georgia, restaurant reviews, travel experiences around the world, and finance.

Over the past two years, my focus has gradually shifted toward financial topics, with occasional travel posts and regular travel videos. And for the past six months, I’ve been writing exclusively about my covered call adventures with NVDA stock and other trades — a new chapter in my long blogging journey.

Without further ado, as of October 10, 2025, our covered call stock portfolio has reached $9,083, what is another minor increase of +0.74% (+$66) if compared to the previous week. While YTD, the portfolio is already up by +17.29%.  

Wow, what a run it has been so far in 2025 — we’re finally ahead of the S&P 500 (+14.94%) by a few points!

Earlier this week, I rolled down and away a BMY credit spread, effectively lowering our strike from 45 to 44. The roll generated enough premium to purchase an additional BMY share — now bringing our total to 3 — which will slightly bump up our annual dividend.

Additionally, I sold another weekly credit spread on NVDA. The stock’s run in 2025 has been exceptionally strong, and seeing it break above 200 wouldn’t surprise me at all. That said, this momentum puts significant pressure on our $115 covered call position expiring in April 2026.

Current positions

• NVDA Oct 17, 2025 182.55/170 Bull Put Credit Spread
• 2X BMY Oct 31, 2025 44/41 Bull Put Credit spread
• UBER Oct 24, 2025 89/85 Bull Put Credit Spread
• NVDA APR 17, 2026 $115 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $129 in options premium this week. If we can consistently average that amount, it would take approximately 37 weeks to fully eliminate our margin debt of $4,878.  That’s encouraging. 

Looking ahead to next week, I will be closely monitoring the NVDA $182.5 put spread.   Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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Summer in Latvia 2025

6 October, 2025 | Travel guides | 34 seen

Summer in Latvia movie is out - Join us on our July (2025) journey through Latvia: installing a bathtub in our countryside cottage, setting up a pop-up store at Bangotnes, celebrating a birthday in Vērbeļnieki, traveling via Riga to Jaunpiebalga, Vecpiebalga, Smiltene, and Valka. 

From sipping sparkling wine with swallows to running 4K morning runs, and so much more, this film captures the essence of a vibrant Latvian summer. Enjoy the video and thumbs up!

Week 26 / NVDA Covered Call Roll Adds ~$300 in Six Months (Update)

3 October, 2025 | | 34 seen

As of October 3, 2025, our covered call stock portfolio has reached $9,017, what is a decent increase of +2.38% (+$209) if compared to the previous week. While YTD, the portfolio is already up by +15.44%. Technically, we’re slightly outperforming the S&P 500 this year. Practically though, wouldn’t it be simpler to just buy and hold the SPY ETF?

On the other hand, I enjoy being in the market every day—generating options premium while steadily growing our dividend stock portfolio. This week alone, we collected $148 from selling options, well above my target of at least 1% in weekly premium, reaching 1.64%

This week I finally rolled up and forward our NVDA covered call, closing the $113 December call and opening a $115 April 26 call. The adjustment is expected to add roughly $300 to the portfolio over the next six months, or about $50 per month.

As NVDA continues breaking milestones, I decided to reinvest part of the income into an additional 0.25 shares of NVDA. While this does increase our margin balance, which I’m working to reduce as quickly as possible - I see it as a worthwhile long-term move.

Now we are holding one covered call on NVDA with a $115 strike price expiring on April 17, 2026, which is significantly deep in the money. If we allow the shares to be called away at expiry, this would lock in an unrealized profit of approximately $7,500. 

Additionally, our weekly NVDA credit spread expired worthless, and I opened a new one set to expire on October 10.

Current positions

• NVDA Oct 10, 2025 175.5/170 Bull Put Credit Spread
• 2X BMY Oct 10, 2025 45/42 Bull Put Credit spread
• UBER Oct 24, 2025 89/85 Bull Put Credit Spread
• NVDA APR 17, 2026 $115 Covered Call 

This week BMY recovered above our $45 strike, which expires next week, giving some hope for a positive outcome.

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $158 in options premium this week. If we can consistently average that amount, it would take approximately 31 weeks to fully eliminate our margin debt of $4,940.  That’s encouraging. We’re also pleased to have brought our debt down below $5K.

Looking ahead to next week, I will be closely monitoring the NVDA $177.5 put spread.  And also BMY credit spread. Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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Week 25 / NVDA Covered Call, BMY Spread Risk, UBER Spread, MCD Added

26 September, 2025 | | 28 seen

As of September 26, 2025, our covered call stock portfolio has reached $8,807, slightly decreasing by -0.58% (-$50). Year-to-date, the portfolio is up +12.75%. Technically, last week’s drop might be attributed to USD/EUR exchange rate fluctuations, as our base currency is set to EUR and we are therefore affected by forex movements.

This week, we collected $92 from selling options, what is well above my goal to generate at least 1% weekly in options premium (1.04% this week). 

This was a relatively slow week with no major swings, unlike in the Terramatris crypto hedge fund, where we experienced a 17% drop. One troubled trade appears to be the credit spread on BMY, with the price falling below our strike. Since there are still about two weeks until expiry, I will monitor it closely and, if necessary, roll it down and forward, preferably for a credit.

Last week also put some pressure on our MCD shares. In general, I am against buying stocks on margin while we are still paying off debt, but this week I decided it wouldn’t do much harm to add 0.1 MCD shares to the portfolio. We now have a small position in place, gradually working towards 100 shares.

Lastly, our previous Uber credit spread expired worthless, and I decided to sell another spread

We keep holding one covered call on NVDA with a $113 strike price expiring on December 19, which is significantly deep in the money. If we allow the shares to be called away at expiry, this would lock in an unrealized profit of approximately $6,200. 

I’m already considering rolling this position up and out to at least the 115 strike, likely with a March 2026 expiry, to collect additional premium—but I may wait a few more weeks before making the move.

Current positions

• NVDA Oct 3, 2025 170/165 Bull Put Credit Spread
• 2X BMY Oct 10, 2025 45/42 Bull Put Credit spread
• UBER Oct 24, 2025 89/85 Bull Put Credit Spreak
• NVDA Dec 19, 2025 $113 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $92 in options premium this week. If we can consistently average that amount, it would take approximately 54 weeks to fully eliminate our margin debt of $5,040. 

Looking ahead to next week, I will be closely monitoring the NVDA $170 put spread.  Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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How To incorporate an LLC in Wyoming for a Crypto Hedge Fund

23 September, 2025 | Doing Business | 22 seen

When setting up Terramatris, our crypto hedge fund, one of the earliest strategic decisions we faced was choosing the right jurisdiction for incorporation. After weighing options like the Cayman Islands, British Virgin Islands or Panama, we ultimately decided on Wyoming, USA. Here’s why.

Many hedge funds gravitate toward Caribbean jurisdictions because of their established offshore structures and global recognition. However, for Terramatris, Wyoming offered three key advantages:

While Cayman or BVI entities remain popular for large-scale funds, Wyoming proved a better fit for our structure and current operational needs.

Taxation in Wyoming

Wyoming is widely regarded as one of the most tax-friendly states in the U.S. Key points:

• No state corporate income tax.
• Annual license tax: A minimal fee based on assets located within Wyoming (often negligible for non-U.S. operations).
• No franchise tax.

Because our founders are non-U.S. citizens and all activities are conducted outside the U.S., our LLC currently falls under 0% annual federal tax liability. Of course, this setup may not be suitable for everyone—especially U.S. residents or firms actively operating within the U.S.

Downsides of a U.S. LLC in the Crypto Industry

Although Wyoming offers significant advantages, there are limitations worth noting:

• Centralized exchanges’ restrictions: Many international crypto trading platforms (e.g., Deribit, Bybit) avoid onboarding U.S. companies or U.S. persons due to regulatory risks. Forming a Wyoming LLC won’t solve this hurdle.
• SEC considerations: As a hedge fund, we intentionally avoid U.S. investors to remain outside SEC registration requirements. Anyone considering Wyoming should understand the regulatory landscape carefully.

On the positive side, an LLC structure works well for:

• Trading through decentralized exchanges (DEXs).
• Consolidating personal crypto trading accounts under a legal entity.
• Preparing for future integration with compliant brokers (our next step is registration with Interactive Brokers to access crypto ETFs).

Our Incorporation Process

We used WyomingAgents.com for incorporation and registered agent services. The experience was seamless, and we highly recommend them.

In addition to the LLC itself, you’ll need an EIN (Employer Identification Number), which Wyoming Agents also helped us obtain. An EIN is essential for tax reporting and for opening financial accounts in the company’s name.

Of course, Wyoming is not the only state offering LLC structures, and many online firms provide incorporation packages. But for our needs, Wyoming stood out as the clear choice.

Key Takeaways

• Wyoming LLC is a low-cost, efficient structure for non-U.S. founders operating outside the U.S.
• Tax benefits are significant, though this model doesn’t fit everyone.
• Crypto exchange limitations remain, as many platforms exclude U.S. entities.
• For Terramatris, Wyoming strikes the right balance between legitimacy, flexibility, and cost-efficiency.

At Terramatris, we remain focused on building a professional, compliant crypto hedge fund structure. While we avoid U.S. investors to sidestep SEC complications, we are preparing to expand our operational capabilities through Interactive Brokers and regulated crypto ETF products.

Incorporating in Wyoming was a deliberate step in aligning our legal structure with our long-term vision. For other founders considering a similar path, the key is understanding not just the benefits, but also the trade-offs of each jurisdiction.

Chateau Ateni. Gori

22 September, 2025 | Living in Georgia | 19 seen

This time (May 2025), our journey takes us to Gori and the enchanting Chateau Ateni - a hidden gem where authentic Georgian cuisine blends seamlessly with avant-garde natural wines, soulful traditional dance, and even the charming surprise of a small chick farm.

What makes this trip extra special is sharing it with our Latvian/Georgian friends, Soso and Ilva, whose warm hospitality turned the visit into a memory to treasure. We stayed in their lovely cottages, cozy retreats surrounded by nature, and had the joy of sipping on their very own pet-nat wine under the Georgian skies. 

It was a weekend filled with laughter, storytelling, and the simple pleasures of  food, and wine - proof once again that the best adventures are those shared with people you love.

Week 24 / BMY & NVDA Rolls Pay Off; Portfolio +1.15% This Week

19 September, 2025 | | 24 seen

As of September 19, 2025, our covered call stock portfolio has reached $8,858, marking another weekly gain of +1.15% (+$105). Year-to-date, the portfolio is up +12.39%. Technically, we’re slightly underperforming the S&P 500 (+13.31%), but I’m very satisfied with the progress - the $10K milestone with every week comes closer.

Surprisingly, for most of the week it seemed we would end with a negative return, but it ultimately turned out better than expected.

This week, we collected $162 from selling options, what is well above my goal to generate at least 1% weekly in options premium (1.82% this week). 

This was quite a turbulent week for our options trades, and mid-week I rolled out and forward the put spreads on NVDA and BMY.

I rolled the NVDA 172.5 put down to 170 and out to next week’s expiry, while BMY looked more troubled, so I extended it further out to the October 10 expiry, capturing a heftier options premium.

We keep holding one covered call on NVDA with a $113 strike price expiring on December 19, which is significantly deep in the money. If we allow the shares to be called away at expiry, this would lock in an unrealized profit of approximately $6,200. 

I’m already considering rolling this position up and out to at least the 115 strike, likely with a March 2026 expiry, to collect additional premium—but I may wait a few more weeks before making the move.

Current positions

• NVDA Sep 26, 2025 170/155 Bull Put Credit Spread
• 2X BMY Oct 10, 2025 45/42 Bull Put Credit spread
• NVDA Dec 19, 2025 $113 Covered Call 

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $162 in options premium this week. If we can consistently average that amount, it would take approximately 32 weeks to fully eliminate our margin debt of $5,102. 

Looking ahead to next week, I will be closely monitoring the NVDA $170 put spread.  Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

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