As of February 6, 2026, our covered-call stock portfolio has increased by another +0.51% and closed at $11,106.
Wow, what a week - this has been a very tough week for tech stocks and crypto. Our Ethereum strategy fell by an additional 15%, and we ultimately capitulated on our current leveraged positions. A clear takeaway: avoid leverage at all costs.
Unlike the calmer weeks before, this week we were more active in our stock portfolio, placing new trades and actively managing NVDA credit spreads. I rolled NVDA puts twice during the week—first rolling the 177.5 put down and out, and then rolling again to the 170 strike with expiry at the end of February.
Given the ongoing sell-off in tech stocks and NVDA’s upcoming earnings around February 22, we expect elevated volatility in the portfolio. As a result, we will not place new trades until current positions are fully managed, which means lower options premium income for this month.
Our covered call portfolio is up 5.08% YTD, slightly outperforming the S&P 500 (+0.68%) and NVDA (-2.08%) YTD.
Besides options trading, we have a small habit: every time our kiddo has a McDonald’s meal, we buy 0.1 share of MCD. We try to keep these visits limited, and after about two years of this tradition, I’m okay seeing our portfolio already at 4 MCD shares.
Balancing a healthy lifestyle with occasional junk food—especially at such a young age—is important. The stock purchase is a positive side effect.
Options trades:
As mentioned, this week we rolled NVDA several times, and I was genuinely happy to see NVDA jump above 184 on Friday night. That leaves some hope we won’t need to roll again next week.
Current positions
- NVDA Feb 27, 2026 170/150 Bull Put Credit Spread
- 2X BMY MAR 20, 2026 50/46 Bull Put Credit spread
- SHELL FEB 20, 2026 29 Cash-Secured Put
- NVDA JUNE 18, 2026 $116 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 $94 in options premium this week. If we can consistently average that amount, it would take approximately 41 weeks to fully eliminate our margin debt of $3,922. I’d be quite happy to eliminate this margin debt in 2026 without selling any stock - let’s see how it goes.
Looking ahead to next week (s), I will be closely monitoring the NVDA $170/150 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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