Reinis Fischer
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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…

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…

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…

Drupal & Servers

Building a Deribit Options Scanner with Python and Streamlit

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…

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…

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…

Living in Georgia

Tsikhisdziri & Batumi Botanical Garden

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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…

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

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…

Genealogy

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

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

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…

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

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…

Latvia

Summer in Latvia 2025

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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…

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

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…

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

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…

Doing Business

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

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,…

Living in Georgia

Chateau Ateni. Gori

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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…

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

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…

Greece

Birthday in Thessaloniki, Greece

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Turning 40 is a milestone worth celebrating in style, and what better way than in Thessaloniki — a city that seamlessly blends history, culture, and cuisine. From affordable flights and boutique stays to seafood feasts and hidden beaches, our journey turned into an unforgettable week-long adventure.Getting There: Kutaisi to ThessalonikiOur adventure began in Kutaisi, Georgia, with a direct Wizzair flight to Thessaloniki. Wizzair’s budget-…

Week 23 / BMY Roll & NVDA Rally: Covered Call Portfolio Update

Greetings from Kakheti’s Alazani Valley! This weekend we came here to enjoy the beauty of the region and to host a small office party with Caulingo, where I sometimes work when I’m not focused on fund operations at Terramatris or managing our covered call portfolio.Jokes aside:As of September 12, 2025, our covered call stock portfolio has reached $8,757, marking another weekly gain of +2.4% (+$205). Year-to-date, the portfolio is up +12.12%.…

Week 22 / Options Income Report: 1.25% Weekly ROI From NVDA & BMY Trades

As of September 5, 2025 ,our covered call stock portfolio stood at $8,552, what is another weekly increase of +0.56%  (+$47). While Year-to-date, our portfolio is +8.41%. Awesome! For the record, our portfolio is influenced by EUR/USD exchange rates. If the euro hadn’t been trading at 1.18 against the dollar, our portfolio would actually be down a few dollars. Anyhow, cheers to the EUR/USD exchange rate this week!This week, we…

Living in Georgia

Azeula Fortress, Tbilisi Sea, and Ateni Sioni

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August ended with yet another packed and memorable weekend in Georgia. This time, our journey took us from the hills near Kojori to the refreshing waters of the Tbilisi Sea, and finally to the historical town of Gori, where we enjoyed a hearty Sunday brunch and paid a visit to the ancient Ateni Sioni Church.I had heard so much about Azeula Fortress (also known as Kojori Fortress) over the years, yet for some reason, I had never actually made the…

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I share ongoing portfolio progress with a focus on generating income through covered calls on quality stocks. Each update includes positioning changes, trade rationale, and forward-looking adjustments based on current market conditions.

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