Options trading · A personal journal
The trades. The decisions. The week after.
Follow the weekly journal, the reasoning behind each decision, and the wider archive.
A portfolio, over time.
All trading notes
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 than expected.This week, we collected $162 from selling options, what is well above my goal to generate at least 1% weekly in options premium (1.82% this week). This was quite a turbulent week for our options trades, and mid-week I rolled out…
Birthday in Thessaloniki, Greece
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-friendly routes made the trip smooth and convenient, a reminder that Europe’s treasures are often closer (and cheaper) than we think. Just a couple of hours in the air, and we landed in the heart of northern Greece — the gateway to the Mediterranean.Where…
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%. Technically, we’re slightly underperforming the S&P 500 (+12.365), but I’m very satisfied with the progress - the $10K milestone feels just around the corner.This week, we collected $122 from selling options, what is slightly above my goal to…
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 collected $107 from selling options, what is slightly above my goal to generate at least 1% weekly in options premium (1.25% this week). Our portfolio remains concentrated in NVDA stock, and this week proved to be another volatile one for the tech giant…
Azeula Fortress, Tbilisi Sea, and Ateni Sioni
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 trip. That changed at the end of August, when we finally decided to explore it.Perched high above Kojori, just a short drive from Tbilisi, the fortress is a fascinating blend of medieval history and natural beauty. The hike up is moderately…
Week 21 / $98 Premiums, NVDA Volatility, and DOCU Position
As of August 29, 2025, our covered call stock portfolio stood at $8,504, what is another weekly increase of +1.81% (+$150). While Year-to-date, our portfolio is +8.87%. Awesome! This week, we collected $98 from selling options, what is slightly above my goal to generate at least 1% weekly in options premium (1.15% this week). Our portfolio remains concentrated in NVDA stock, and this week proved especially volatile due to NVDA’s earnings report on August 27. Fortunately, all of our options positions expired worthless, allowing us to move forward without setbacks.In addition, I explored DocuSign this week and decided to take a small position. We initiated a bull put spread to…
Week 20 / Tbilisi Life & NVDA Stock Update: Covered Calls Portfolio +0.9% This Week
Greetings from Tbilisi, Georgia! Today, we attended the open afternoon at the British International School of Tbilisi. Our kiddo is already in Year 3—time really flies! For the next academic year, the head teacher will be joining us from Wales. So instead of the usual leprechauns, we’ll now be surrounded by dragons and fairies. And with just a few more weeks left, summer will officially come to an end.Besides that, this week was quite turbulent for our stock portfolio. With the upcoming earnings report for NVDA scheduled next week, there were noticeable price movements. To stay safe, I decided to roll out and forward positions already in the middle of the week. Nevertheless, the week ended…
Week 19 / $155 from NVDA & UBER Trades, Margin Debt Payoff in Sight
Greetings from Tsikhisdziri, Georgia! This week, we decided to extend our holiday with a five-day stay at a friend’s aparthotel on the Black Sea, near Batumi, after returning from Thessaloniki. Life is beautiful.Besides that, it was another great week for my covered call stock portfolio, with exotic Swedish SEB Bank, Finnish Neste, and BMY put options expiring worthless — bringing me back to trading NVDA options.As of August 15, 2025, our covered call stock portfolio stood at $8,278, what is a decent increase of +2.07% if compared to previous week (+$168). While Year-to-date, we are already at +5.99%. Awesome! This week, we collected $155 from selling options, what is well above my…
Week 18 / 40th Birthday in Thessaloniki: BMY Credit Spreads, and a Heineken Twist
Greetings from Thessaloniki, Greece! This week, I’m celebrating my 40th birthday surrounded by fine cuisine, a light sea breeze, and surprisingly good house wine. If there’s a hidden gem in Europe, Thessaloniki is certainly one of them. Travel brings inspiration—and new ideas. This week was one of those moments. I took a step back from my usual NVDA trades and instead opened new positions in Heineken and BMY. The result? Additional EUR income and an increased USD allocation in our dividend stock portfolio.As of August 8, 2025, our covered call stock portfolio stood at $8,100, what is a decent increase of +3.85% if compared to previous week (+$300). While Year-to-date, we are already on…
Week 17 / Boring but Profitable: Weekly NVDA Credit Spread Expires Worthless, Again
As of August 1, 2025, our covered call stock portfolio stood at $7,810, what is a slight decrease of -0.4% if compared to previous week (-$31). While Year-to-date, we are still in positive territory with +1.69%. Awesome! To be fully transparent, our portfolio's value is also influenced by EUR/USD exchange rate fluctuations. With the U.S. dollar strengthening to 1.15 against the euro, we experienced a decline in value when measured in dollar terms.Aside from that, it was another boring week - our NVDA credit spread expired worthless, and we opened a new weekly credit spread. Boring is good; excitement often means risk.This week, we collected $46 from selling options, what is below…
Week 16 / Rolling Covered Calls: Why I Rolled NVDA to December for Higher Premium
As of July 25, 2025, our covered call stock portfolio stood at $7,841, another +2.69% week-over-week increase (+$205). Year-to-date, we are finally in positive territory with +0.37%. Awesome!This week, I rolled forward and up our August 15 expiry covered call on NVIDIA, extending it to the December 19 expiry.With this rollout, I increased the strike price by $3 and collected an additional premium of $0.60 per share. Given our long-term strategy to hold NVDA stock, I'm quite pleased with this adjustment - it aligns well with our overall goal of maximizing premium while maintaining upward exposure.This week, we collected $101 from selling options, what is slightly above my goal to generate at…
Week 15 / Weekly Options Income Hits $66 as NVDA Credit Spreads Return
As of July 18, 2025, our covered call stock portfolio stood at $7,636, another +0.71% week-over-week increase (+$53). Year-to-date, we are still down -1.59%. This week, we returned to selling credit spreads on NVDA, while also experimenting with Neste stock from the Helsinki Stock Exchange to boost our EUR-denominated income. From time to time, I enjoy trading in frontier markets.This week, we collected $66 from selling options, what is slightly below my goal to generate at least 1% weekly in options premium (0.86 % this week).Our portfolio remains concentrated around NVDA stock. I'm currently holding one covered call on NVDA with a $110 strike price expiring on August 15, which…
Week 14 / WFC Credit Spread & NVDA Covered Call Strategy – Weekly Options Income Hits $83
As of July 11, 2025, our covered call stock portfolio stood at $7,582, another +1.26% week-over-week increase (+$94). Year-to-date, we are still down -2.94%. Unlike previous weeks, this time I initiated a new credit spread on WFC (Wells Fargo), using the premium received to purchase shares of WFC itself. If not assigned, I’m considering selling additional credit spreads on WFC in the coming weeks, while using premium to offset the marginMeanwhile, I continue to hold a deep in-the-money covered call position on NVDA.This week, we collected $83 from selling options, what is slightly above my goal to generate at least 1% weekly in options premium (1.09 % this week).Our portfolio remains…
Week 13 / Swedish Kronor & Premiums: SEB A Options Trade and NVDA Spread Fuel Gains
As of July 4, 2025, our covered call stock portfolio stood at $7,488, another +1.46% week-over-week increase (+$107). Year-to-date, we are still down -4.97%. This week’s growth was driven by a combination of factors: the expiration of options trades on NVDA, favorable movement in the USD/EUR exchange rate (now at 1.18), and a strategic “revenge trade” on SEB A stock, which added a few Swedish Kronor to our portfolio.This week, we collected $41 from selling options, what is under with our goal to generate at least 1% weekly in options premium (0.54 % this week).Our portfolio remains concentrated around NVDA stock. On Thursday (Because of Independence Day) we successfully closed a put…
Week 12 / AI-Fueled NVDA Surge Lifts Portfolio +2.59% This week —But Is a Pullback Near?
As of June 27, 2025, our covered call stock portfolio stood at $7,380, another g+2.59% week-over-week increase (+$186). Year-to-date, we are still down -5.50%.This week, we collected $46 from selling options, what is under with our goal to generate at least 1% weekly in options premium (0.62 % this week).Our portfolio remains concentrated around NVDA stock. On Friday we successfully closed a put credit spread on NVDA that expired worthless, allowing us to retain the full premium. Continuing our premium collection strategy, we’ve initiated a new credit spread set to expire next week.I'm currently holding one covered call on NVDA with a $110 strike price expiring on August 15, which is…
Week 11 / Beating the 1% Weekly Goal: How We Collected $101 in Options Premiums
As of June 20, 2025, our covered call stock portfolio stood at $7,194, a small but important +1.68% week-over-week increase (+$119). Year-to-date, we are still down -6.18%.This week, we collected $101 from selling options, aligning with our goal to generate at least 1% weekly in options premium (1.4% this week).Our portfolio remains concentrated around NVDA stock. On Friday we successfully closed a put credit spread on NVDA that expired worthless, allowing us to retain the full premium. Continuing our premium collection strategy, we’ve initiated a new credit spread set to expire next week.Midweek, I decided to take a proactive stance and rolled up and away the June 27, $109 covered call on…
Week 10 / NVDA Weekly Option Trades: $67 Earned, $3,200 Unrealized Profit at Risk
As of June 13, 2025, our covered call stock portfolio stood at $7,074, a minor -0.56% week-over-week decrease (-$39). Year-to-date, we are still down -7.85%, as we continue to navigate market volatility while optimizing our options income strategy.This week, we collected $67 from selling options, which is slightly less from our goal to generate at least 1% weekly in options premium (0.96% this week).Our portfolio remains concentrated around NVDA stock. On Friday we successfully closed a put credit spread on NVDA that expired worthless, allowing us to retain the full premium. Continuing our premium collection strategy, we’ve initiated a new credit spread set to expire next week.I'm currently…
Israel & Cyprus 2025
At the beginning of May 2025, we embarked on a 4-day trip to Israel to reconnect with the Fischer family. We explored beautiful beaches, savored delicious local cuisine, and enjoyed quality time together. From Tel Aviv, we continued our journey to Cyprus to attend one of the largest conferences in the translation industry. While Sandra was actively engaged in networking at the event, we spent our time relaxing by the pools, making the most of the sunny Mediterranean atmosphere.Also see: Israel Movie 2022 / 2023
12 Rounds Boxing Club in Tbilisi
Sometimes even the most loyal gym-goers need to shake things up—and that's exactly what I did this month. After years of training at the "luxurious Axis Tower gym", I decided to take a short break. Not because I had any complaints about the quality or experience—quite the opposite—but because the price difference was just too significant to ignore. Enter: 12 Rounds Boxing Club.Let’s talk numbers. My monthly Axis Tower gym membership runs at GEL 700 (they do have frequent discount and sometimes you can get there at 500 GEL). While it’s worth every lari for the facilities, environment, and perks like sauna, pool, and networking, I was curious to explore more cost-effective alternatives.So for…
Week 9 / Credit Spread Lessons: When Premiums Look Juicy but Risk Bites Back
As of June 6, 2025, our covered call stock portfolio stood at $7,114, reflecting a +1.50% week-over-week increase (+$121). Year-to-date, we are still down -6.57%, as we continue to navigate market volatility while optimizing our options income strategy.This week, we collected $88 from selling options, aligning with our goal to generate at least 1% weekly in options premium (1.23% this week).Our portfolio remains concentrated around NVDA stock. We successfully closed a put credit spread on NVDA that expired worthless, allowing us to retain the full premium. Continuing our premium collection strategy, we’ve initiated a new credit spread set to expire next week.Unfortunately, I rushed a bit.…
Each week, I publish a detailed options trading journal with real positions, adjustments, and results.
Outside the markets, I might occasionally share travel experiences, standout restaurants, simple food ideas, and my ongoing building and renovation projects
Weekly options
BMY Earnings Beat, NVIDIA Selloff & Rising Market Volatility | Week 82
As of October 30, 2026, our options-selling-powered dividend stock portfolio stood at $13,395, marking a weekly decrease of 0.85% compared with the previous week.Year to date, our portfolio is up 33.24%. Despite the modest weekly decline, I'm…
From Scotland to Wall Street: Buying IHG Stock and Collecting Options Premiums | Week 81
Greetings from Scotland! Over the past week, we've been making the most of the school break by travelling to this beautiful part of the world. We've explored Edinburgh and Glasgow, enjoyed a road trip through the spectacular Scottish Highlands, and…
BMY Shares Called Away, Back to Selling Puts & Buying NIO | Week 80
As of October 16, 2026, our options-selling-powered dividend stock portfolio stood at $13,456, marking a weekly decline of 1.37% compared with the previous week.This actually came as a bit of a surprise to me, as the underlying stock prices in the…