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.…
Spring Break in Latvia 2025
Every year, it’s become a beloved tradition for us to head to Latvia during the Easter school holidays—our special spring break getaway. This isn’t just any vacation; it’s a hands-on family adventure packed with progress, nature, and unforgettable memories.In this year’s Spring Break movie, we take you behind the scenes of our latest trip. One of the highlights? We finally installed those massive 3x3 meter windows in our frame house—an upgrade that’s truly transforming the space! But we didn’t stop there. With shovels in hand and spring in the air, we also planted a dozen vibrant new plants, adding life and color to the surroundings.Of course, there’s more to see—moments of laughter, hard…
Week 8 / How We Collected $47 in Premiums This Week with NVDA Credit Spreads
As of May 30, 2025, our covered call stock portfolio stood at $6,993, showing a +1.53% week-over-week increase (+$105). While Year-to-date, we are still down -7.26%, as we navigate volatility while optimizing our options income strategy.This week was particularly interesting—there was NVDA earning report and I discovered another options trader who is documenting his journey to $100K through weekly blog updates. I highly recommend checking it out. Since our portfolio sizes are currently similar, I find it both motivating and insightful to follow along and compare strategies as we grow together.We successfully closed a credit spread on NVDA that expired worthless, allowing us to retain the…
Larnaca International Airport
This spring, I took a memorable trip that involved connecting through three countries in less than two weeks—starting in Tbilisi, Georgia, spending a few days in Israel, and finally heading to Cyprus for a short but enriching stay. What stood out most was just how short and easy the flight was between Israel and Cyprus—a route I had never seriously considered before.Our journey began in Tbilisi, flying to Tel Aviv's Ben Gurion Airport, where we stayed for several days to visit relatives. These family moments added a personal and grounding start to what would soon shift into a more exploratory leg of the trip.After spending quality time in Israel, we boarded a short flight from Tel Aviv to…
Frame House Upgrades: Big Windows, New Porch, and Apple Trees Planted in Latvia
In mid-April, during our kiddo’s Easter school break, we traveled to Latvia for about 10 days — a trip packed with projects, energy, and transformation. A lot of pre-planning had gone into it before we even arrived: we ordered the windows, sourced the plants, and mapped out the main tasks. Once we landed, it was all about execution — and we got a lot done.One of the most transformative updates was installing our huge 3x3 meter windows. In the end I decided to split them into 1X3X3These oversized panes completely changed the feel of the house — flooding the space with natural light and giving us panoramic views of the land. Now, no matter where you stand, the outdoors feels just a step away…
Week 7 / How I’m Using Covered Calls and Credit Spreads to Pay Off Margin on NVDA Stock
As of May 23, 2025, our covered call stock portfolio stands at $6,888, reflecting a -0.93% week-over-week decline (down $64.48). Year-to-date, we are down -9.33%, as we navigate volatility while optimizing our options income strategy.Rolling NVDA Calls for Controlled UpsideThis week, we rolled our NVDA covered call to the June 27, 2025 expiry, raising the strike to $109. Should NVDA close at or above that level at expiry, the position would yield a maximum profit of around $150. However, we remain focused on retaining the shares rather than letting them be called away. If momentum continues, we’re ready to roll the strike higher to maintain upside exposure and capture premium.Credit Spreads…
Pūre Horticultural Research Station
In mid-April 2025, we took an exciting step toward our vision of a Latvian craft cider brewery by purchasing several Antonovka apple trees and other varieties from the renowned Pūre Horticultural Experimental Station (Latvian: Pūres dārzkopības izmēģinājumu stacija).This wasn’t a random choice. Pūre is one of Latvia’s most respected institutions in plant cultivation and horticultural research. With decades of hands-on experience in the Latvian climate, they offer proven expertise in selecting trees and plants that can thrive through our seasons — cold winters, unpredictable springs, and all.Their staff provided solid recommendations not only for Antonovka, which is famous for its hardiness…
Week 6 / Doing Nothing, Gaining 1.98%: A Covered Call Strategy That Pays
In the world of trading, action often feels like progress. Placing new trades, adjusting positions, chasing setups—these behaviors can give us the illusion of control. But sometimes, the most profitable move is to simply do nothing.As of May 16, 2025, our covered call stock portfolio was valued at $6,952, reflecting a 1.98% week-over-week gain (+$134.96). That’s a modest but welcome increase, especially considering that we didn’t place a single new trade this week.Despite this recent uptick, we are still down -7.01% year-to-date, a reminder of the rocky terrain we’ve traversed in 2025. Yet even during this downturn, opportunities for calm, calculated growth remain.This week, there were no…
Samshvilde Canyon Hiking
Our go-to hiking spot in Georgia has always been Birtvisi Canyon. With its striking rock formations, narrow passages, and unbeatable views, it’s a place we return to again and again. But last Sunday, we felt like trying something new.So we picked a place we’d heard about but never explored properly: Samshvilde Canyon.In fact we almost find it few years ago, but turned our car around because the road didn't seem proper. See: Hiking at Birtvisi Canyon. This time we risked bit more. Located not far from the town of Tetritskaro, Samshvilde is known for its quiet trails and historic ruins, including the remains of the ancient Samshvilde Fortress. We packed up for a casual day hike,…