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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