RF Reinis Fischer
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Weekly Covered Calls • Options Income • Market Notes

Generating income with covered calls, week by week.

I publish weekly reports based on real positions, real adjustments, and real outcomes. The public site keeps the archive open. Substack is where I write the sharper layer: what changed in my thinking, where I would roll, what I am avoiding, and what I am watching next.

This is not a signals channel and not a generic market newsletter. It is a working record of trade management, options income, and decisions made in live conditions.

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Why read

This is for readers who care about process, not performance theater.

The value here is not that every week is spectacular. The value is that the work is visible: premium collected, rolls made, mistakes absorbed, and decisions explained in plain language.

Cadence
Every week

The archive matters because repetition proves the process is real.

Material
Actual positions

The writing is built around trades that were placed, adjusted, or closed.

Angle
Income first

The focus is options income, trade management, and portfolio decisions around volatility.

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Inbox notes

Substack carries the sharper, more forward-looking layer of commentary.

Latest reports

Recent notes from the covered calls archive

These are the kinds of reports I publish publicly. The subscription layer goes a step further and answers the obvious follow-up: what I would do from here.

Weekly report

How to Adjust an In-the-Money Covered Call on Ethereum (Rolling & Laddering Strategy)

In this article I will share how we adjusted an in-the-money covered call on Ethereum, using a rolling and laddering technique that allows us to keep our ETH while continuing to collect option premium.This approach was used in our Ethereum strategy run by Terramatris crypto hedge fund, where the goal is both short-term premium income, and  …

Public report on-site. Deeper reasoning, positioning, and next moves go to Substack.
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Weekly report

Advanced Options Strategy: Building a Double Diagonal on Ethereum

The other day I spent about an hour on Google Meet with a long-time acquaintance, Jon. We exchanged ideas around options trading. Jon walked me through his preferred structure - the Double Diagonal.I’m primarily a put seller and covered call trader. That’s my core. But I keep my eyes and ears open. When something makes conceptual sense, I test it…

Public report on-site. Deeper reasoning, positioning, and next moves go to Substack.
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Weekly report

Week 49 / Markets Shake, Premium Flows: NVDA Credit Spreads During the Iran War

As of March 13, 2026, our covered-call stock portfolio has decreased slightly by -0.63% and closed at $11,141. This is already the second week in a row that our portfolio value has decreased. However, the decline is largely explained by currency movements. Since the portfolio’s base currency is EUR, the drop should primarily be attributed to…

Public report on-site. Deeper reasoning, positioning, and next moves go to Substack.
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Why subscribe

The paid layer should feel like a continuation, not a sales trick.

I would keep the archive open. That is the proof. The paid layer should be the extra layer of interpretation: how I am seeing the setup now, what I am planning next, and where I think I am probably wrong.

1
Keep the record publicThe site should remain the place where anyone can verify the work has been done consistently.
2
Move the sharper layer to emailEmail is better for timely notes, trade follow-ups, and forward-looking commentary than burying everything in static pages.
3
Write like a trader, not a funnel builderThe more grounded and specific the notes feel, the more natural the subscription decision becomes.
What subscribers get

A better promise than “premium insights.”

The offer works better when it sounds concrete. Readers should know what lands in the inbox and why it is different from the public archive.

A
Weekly positioning notesWhat changed in the portfolio, what I rolled, what I left alone, and where I am leaning next.
B
Trade management thoughtsLess “here is the result,” more “here is how I am thinking about the decision while it is still alive.”
C
Occasional deeper essaysLonger notes on covered calls, credit spreads, risk, income generation, and lessons from actual positions.
Subscribe

If you already read the archive, the inbox version is the natural next step.

The site stays public. The weekly reports stay visible. Substack is for readers who want the next layer: commentary with more edge, more context, and more honesty about what I am likely to do next.

Subscribe on Substack Browse covered calls archive
Subscribe

If you already read the archive, the inbox version is the natural next step.

The site stays public. The weekly reports stay visible. Substack is for readers who want the next layer: commentary with more edge, more context, and more honesty about what I am likely to do next.

Subscribe on Substack Browse covered calls archive