As of March 27, 2026, our options trading driven stock portfolio declined slightly by -0.24%, closing at $11,183.
The dip is largely explained by EUR/USD exchange rate movements rather than any weakness in the underlying positions. The U.S. dollar strengthened against the euro, trading around 1.15. Since our base currency is EUR, this directly impacts how the portfolio is valued in USD terms.
That said, broader markets did sell off sharply on Friday. NVDA traded below $170 for the first time in a while, with the move likely driven by escalating tensions in the Middle East, including a potential blockade of the Strait of Hormuz, pushing oil prices above $110.
With Easter approaching next week, we expect some degree of relief in market sentiment, although nothing is guaranteed.
On a year-to-date basis, the portfolio is up 8.5%, clearly outperforming both the S&P 500 (-7.14%) and NVDA (-11.29%).
Current options positions:
- NVDA Apr 3, 2026 160/150 Bull Put Credit Spread
- 2x BMY Jun 18, 2026 50/46 Bull Put Credit Spread
- PFE May 15, 2026 25 Cash-Secured Put
- NVDA Nov 20, 2026 $120 Covered Call
Using premium collected from NVDA credit spreads, we added another 0.1 shares of NVDA, bringing the total position to 101.6 shares. The approach remains consistent: use options income not just for cash flow, but to steadily compound the underlying position.
A key objective of this covered call portfolio is to gradually reduce margin debt while maintaining a core holding of 100 NVDA shares. This week, we generated $66 in options premium.
If we can maintain a similar pace, it would take roughly 52 weeks to eliminate the current margin debt of -$3,508.
The goal is straightforward: reduce and ideally eliminate this margin debt during 2026 without selling core positions.
Looking ahead, I’ll be closely watching the NVDA $160/150 put spread. If any position comes under pressure, the plan is to roll forward, preferably for a net credit.
I’m also opening a limited number of private coaching sessions. If you want hands-on guidance with covered calls, cash-secured puts, or navigating the stock market, you can book a session.
Alternatively, join the newsletter to follow the strategy, trades, and ongoing insights.