The Fisherman's Wharf Calangute
Some places just stick with you.The Fisherman’s Wharf in Calangute (Goa) is one of those restaurants we keep coming back to and not by accident. We first discovered it during our first India trip in 2023/2024, when we spent a few days staying in Calangute at Hotel Renest (seems I have forgot to review it here)Back then we were exploring the area, trying different food spots, and The Fisherman’s Wharf instantly stood out, also it was closely located to our hotel.On our most recent trip, we once again made a stop at The Fisherman’s Wharf and this time it was perfectly timed.After spending a few hours shopping at our favorite boutique shop, Boutique Eternal, we were hungry, tired, and ready…
Week 43: Boring but Profitable — BMY Credit Spread Brings in $65 Options Premium
As of January 30, 2026, our covered-call stock portfolio has once again increased by +2.43% and closed at $11,050. For the first time, we’ve cracked the $11K milestone. Awesome. Interestingly, we kept activity minimal this week the only new trades were BMY credit spreads opened today. Despite that, the NVDA-centered portfolio is clearly outperforming the crypto portfolio, which suffered another sharp -30% drop this week. Definitely worth noting.This week, I also published an article explaining our NVDA strategy - you can read it here: How the NVDA Strategy Became the Backbone of Our Stock Portfolio.Our covered call portfolio is up 3.71% YTD, slightly outperforming the S&P 500…
Hiking to Turtle Lake: A Winter Trail in Tbilisi
Last Sunday we did a hiking trip to Turtle Lake, starting from the stairs on Polikarpe Kakabadze street. I’ve been a big fan of hiking in Tbilisi for a long time. More than ten years ago, we used to do hiking trips almost every weekend, something I’ve written about on the blog many times. Back then it was routine.Last chance workout on the trails around Turtle Lake before Tbilisi MarathonHiking trails near Turtle lake, Tbilisi in WinterRemote and Abandoned Hipster Party Place with Great views of Tbilisi (Hiking near Turtle Lake)and moreRecently we moved to a new apartment on Pavle Ingorovka Street, and from our window we can clearly see hiking trails cutting through the hills. That alone…
Week 42 / $107 Options Income From Rolling NVDA Credit Spreads During the Greenland Shock
As of January 23, 2026, our covered-call stock portfolio has dipped slightly by -0.43% and closed at $10,788.The previous week was highly turbulent. As the market opened on Tuesday, NVDA briefly dipped below my call strike levels. Given the elevated volatility, I decided not to wait and took an early roll, pushing the position several weeks (February 6) out to reduce near-term risk.Volatility remained elevated throughout the week and only began to ease after President Trump’s speech in Davos, which I followed closely on CNBC. Once he stated that no force was planned to be used regarding Greenland, both equity and crypto markets reacted positively and turned green again.That relief, however…
Week 41 / NVDA Credit Spread Strategy: 0.43% Weekly Return if Expires Worthless
Greetings from Tbilisi. After more than three weeks in India, we are finally back—welcomed by temperatures below 0°C and already missing Goa and its +31°C.Last week, we also held our annual office party (Caucasus Translations) at Babilo Music Hall, enjoying excellent Georgian cuisine, wine, and traditional Georgian dance. I skipped the food due to intermittent fasting (no eating after 14:00), but it was a great evening nonetheless.As of January 16, 2026, our covered-call stock portfolio has increased again by additional +1.71% and closed at $10,835.It has been an excellent start to 2026, and we are positioning for further growth while remaining cautious. A market correction around earnings…
Week 40 / NVDA Strategy, $65 Premium Income, and Margin Reduction
Greetings from Mumbai, India. For the past three years, we’ve spent our winter holidays in India, usually traveling to Goa via New Delhi. This time, however, we arrived and departed through Mumbai and had a few days to explore the city. I’m genuinely impressed. Mumbai is definitely a city where I could imagine living long-term. Beyond that, it stands out as one of Asia’s major financial centers.One thing that really stands out when traveling around India is the prevalence of billboards advertising investments in mutual funds. Likewise, when visiting libraries, it’s not uncommon to find educational books on options trading. This suggests that India’s retail financial markets are not only…
Week 39 / Road to $25K: Rolled Up and Forward NVDA Covered Call, Adjusted Credit Spread
Greetings from South Goa, Palolem Beach, India. I hope you had a great New Year’s party - we certainly did.As of January 2, 2026, our covered-call stock portfolio has decreased slightly by -0.84% and closed at $10,607. For the sake of transparency, it’s worth noting that the slight decline is due to USD/EUR exchange rate movements. The U.S. dollar appreciated modestly against the euro, which reduced the total value when expressed in EUR and back.This marks the first options week of 2026; however, all position adjustments were made back in 2025.One of our short- to medium-term goals is to grow the portfolio to $25k using options trading alone. With a systematic approach — and some…
Week 38 / Road to $25K: Closing 2025 Above $10K with Covered Calls and NVDA
Greetings from India. This holiday season we’re in South Goa, staying near Palolem Beach — our third year in a row returning here. With temperatures above 30 °C and Kingfisher beer under $2 per bottle, the place is hard to beat. With a portfolio our size, one could comfortably enjoy life here living off options income alone.That said, As of December 26, 2025, our covered-call stock portfolio has grown by an additional 2.21% and reached $10,696. As this is the final options expiry Friday of the year, I’m pleased to be closing 2025 with the portfolio above $10k.One of our short- to medium-term goals is to grow the portfolio to $25k using options trading alone. With a systematic approach…
Chhatrapati Shivaji Maharaj (Mumbai) International Airport
Chhatrapati Shivaji Maharaj International Airport is the international airport serving Mumbai, the capital of the Indian state of Maharashtra. It is the second-busiest airport in India in terms of total and international passenger traffic after Delhi, the 14th-busiest airport in Asia, and the 31st-busiest airport in the world by passenger traffic in 2024.I first arrived at Mumbai’s Chhatrapati Shivaji Maharaj International Airport at the end of December 2025, flying IndiGo from Tbilisi. We stayed a few days in Mumbai before continuing onward to Goa with Air India.Mumbai’s airport has a long history. It was originally built in 1942 during World War II and has since evolved into India’s…
Gateway of India, Mumbai
I first visited the Gateway of India at the end of December 2025, during our three-week trip to India. We spent only a few short days in Mumbai, and this stop was not planned in any deep or academic way. We arrived from The Lalit Hotel by Uber — roughly a 28 km drive, costing under 700 Indian rupees. At that point, I had only a vague idea of what the place was, and almost no sense of its symbolic weight.At first glance, it felt like another grand colonial monument by the sea. Busy, touristy, loud. But things changed quickly.After taking a private boat trip from the harbor — the kind that locals casually offer — and seeing Mumbai’s waterfront from the water, the perspective shifted.…
Week 37 / NVDA & BMY: Portfolio Up +1.11% as We Head from Tbilisi to India
As of December 19, 2025, our covered-call stock portfolio has grown by an additional 1.11% and reached $10,465. It’s genuinely exciting to be above $10K for the fourth week in a row. I was expecting to fall under $10K this week as volatility kicked in, but the result is better than expected.Year-to-date, we’re up 33.73%, outperforming the S&P 500 by a wide margin (+16.26%). With just one calendar week left in the year, it looks like this is shaping up to be one of the best-performing years for the stock market in recent memory.Besides activities in financial markets, 0ur kiddo wrapped up Term 1 today, and we enjoyed a lovely Christmas concert at her school in Tbilisi - just before we…
Week 36 / Defensive Roll on SHELL, New NVDA Weekly Spread
As of December 12, 2025, our covered-call stock portfolio has grown by an additional 1.12% and reached $10,350. It’s genuinely exciting to be above $10K for the third week in a row.Still, I’ve been in the stock market too long to rule out a possible pullback in the upcoming weeks.Year-to-date, we’re up 27.64%, outperforming the S&P 500 by a wide margin (+17.18%).As usual, we made no major moves throughout the week. Except I decided to roll our position in European SHELL stock down and out, buying back the 31 puts expiring on December 19, 2025 and selling new puts expiring on February 17, 2026. This adjustment brought in a small additional credit of EUR 7, while improving our downside…
Week 35 / NVDA Spreads + McDonald’s Buys: Covered-Call Portfolio Hits $10,235
As of December 5, 2025, our covered-call stock portfolio has grown by an additional 1.65% and reached $10,235. It’s genuinely exciting to be above $10K for the second week in a row.Still, I’ve been in the stock market too long to rule out a possible pullback in the upcoming weeks.Year-to-date, we’re up 31.87%, outperforming the S&P 500 by a wide margin (+17.41%).As usual, we made no major moves throughout the week. At the start of the week, we bought 0.1 share of MCD - we have a tradition of buying 0.1 McDonald’s whenever the kiddo talks us into junk food. I’ll admit we ordered McD more than once this week, but 0.1 share is still a decent addition, and we now hold 3.9 MCD shares in our…
Mziuri Tennis Club in Tbilisi
Our family has been attending Mziuri Tennis Club in Tbilisi since September 2025, after several recommendations from our BIST community. We signed up our 7-year-old for the junior program, which costs 300 GEL per month. After a few months of regular training, here’s an honest, practical review.Mizuri Tennis Club is located in Vake, on Nino Ramishvili Street, right next to Mziuri Park and directly opposite the police station.The most important part: our daughter genuinely likes it. She looks forward to every session, which, for any parent, is the biggest indicator that the environment is good. The coaches work well with kids, balancing discipline with fun. There are several trainers…
Week 34 / Covered Call Portfolio Breaks $10K and Beats the S&P 500
As of November 28, 2025, our covered-call stock portfolio has surpassed the $10K milestone for the first time, closing at $10,069 — a weekly gain of +2.64% (+$269 versus last week). We reached the $10K mark a few weeks earlier than expected.As seasoned put sellers, we remain cautious and do not rule out a potential pullback in the coming weeks. Favorable EUR/USD exchange rate movements also contributed a small boost to the portfolio’s performance. Good progress overall.Additionally, at the office in Tbilisi today, we lit the Christmas tree and are officially ready for the holiday season.Year-to-date, we’re up 29.94%, outperforming the S&P 500 by a wide margin (+16%).As usual, we made no…
Week 33 / How We Earned $166 in Options Premium This Week with NVDA and BMY Credit Spreads
As of November 21, 2025, our covered call stock portfolio has slightly increased to $9,810, what is another minor weekly increase of +0.77% (+$74 if compared to the previous week. $10,000 feels so close. With disciplined risk management, we should be able to hit it by year-end — a solid springboard for 2026.That said, our stock portfolio is performing significantly better than our crypto fund, which dropped 40% this week and is now more than 70% below its all-time high from just a few weeks ago. Surprisingly, but our NVDA-heavy covered-call portfolio continues to perform well. As usual, most of the week we made no major moves in the portfolio. We followed NVDA’s earnings report…
Week 32 / Weekly NVDA Options Income: $75 in Premiums and a 2.32% Portfolio Rise to $9,735
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…
Week 31 / NVDA Dip Trims Covered-Call Portfolio to $9,514
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…
Week 30 / NVDA, BMY and SHELL Options: $161 Premium, +4.65% Return
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…
Week 29 / Tbilisi Silk Road Forum & Weekly Portfolio Update: NVDA Options Roll, McDonald’s Purchase
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…