Reinis Fischer
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Week 52 / $68 in Options Premium + Growing a Dividend Position (PFE Strategy)

As of April 3, 2026, our options trading driven stock portfolio increased by +2.76%, closing at $11,491.The week was shortened ahead of Easter, and market sentiment was notably influenced by developments related to the Iran conflict, which has been driving volatility through energy shocks and broader macro uncertainty. Also, as the portfolio is denominated in EUR, it briefly exceeded the €10,000 level several times during the week but ultimately…

Dividend Income

Dividend Income Report – March 2026 ($8.06)

After a long pause, I’ve decided to renew my dividend income reports.Between 2017 and 2022, I published these quite regularly. Since then, my focus has shifted more toward options trading as the primary tool to grow a relatively small portfolio. At this stage, dividends are not a meaningful income driver - and realistically won’t be for a while.Still, tracking them makes sense. Even small numbers provide a baseline and a reference point for…

Living in Georgia

Book Reading Afternoon in Tbilisi

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At the start of March, it was Book Week at the British International School of Tbilisi. Year 3 students were given a fun assignment: create a short video about their favourite book and take photos of themselves reading in unusual places.We slightly misunderstood the task and ended up focusing entirely on reading in unusual places, turning it into a little family adventure around Tbilisi. What started as a simple school project became something…

Week 51 / Holding Gains Despite NVDA Decline and Oil Surge from Iran Conflict

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…

Drupal & Servers

Automating Featured Images in Drupal 10/11 (Inspired by Substack)

In a few months, my personal blog will turn 13 years old. Over that time, I’ve published hundreds of articles. For most of it, I followed a simple rule: every article should include a custom image.At first, that meant manually sourcing visuals. Later, creating them myself. Today, with AI tools, generating images is trivial.But that leads to a more interesting question: do we actually need a separate image for every article?I’ve written dozens of…

Week 50 / How I Generated $171 Options Premium This Week (And Grew My Portfolio to +7.69% YTD)

As of March 20, 2026, our covered-call stock portfolio has increased slightly by +0.62% and closed at $11,210. For most of the week, we didn’t make any trades or adjustments. On Friday, after previous spreads expired worthless, we opened two new credit spreads on NVDA and BMY.Additionally, we bought 0.1 shares of MCD. If you’ve been following our portfolio, you’ll know this is something we do occasionally—typically when visiting a McDonald’…

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 the USD/EUR exchange rate. The greenback strengthened against the euro and traded around 1.14.Rising…

Week 48 / NVDA, PFE Put Roll Brings $99 Options Income

As of March 6, 2026, our covered-call stock portfolio has decreased slightly by -1.16% and closed at $11,211. As our portfolio’s base currency is EUR, the decrease should primarily be attributed to the USD/EUR exchange rate. The greenback strengthened against the euro and traded around 1.16.At the start of the week, I took a proactive stance and rolled down and forward the PFE put for a credit. The plan is to roll it further if needed. I…

Financial goals & Results

I Won’t Sell Ethereum Before It Reaches $10,000

Ethereum has been one of the most important investments in my crypto journey. I started accumulating ETH years ago, held it through multiple cycles, and even at some point I was holding about 12 ETH. Over time I sold portions at different prices.Today I hold 2 ETH, which I actively use in our Terramatris Ethereum strategy of trading covered calls on Ethereum. Despite trading around my position, I have a simple long-term rule:I will not let…

Georgia

Magalaant Church Complex

I first discovered the Magalaant Church Complex a few years ago during one of our spontaneous road trips to Kavtiskhevi. No fixed plan, no strict itinerary - just a turn off the main road and the usual curiosity about what might be hiding on the hills above the valley. That’s often how the best places are found.Magalaant sits modestly on a hillside, overlooking the surrounding landscape with the calm confidence typical of old Georgian churches.…

Week 47 / NVDA Post-Earnings Pullback: Covered Call Roll Adds $560 in Potential Income

As of February 27, 2026, our covered-call stock portfolio has increased slightly by +0.27% and closed at $11,343. Last week was NVDA earnings week, and the stock moved the market more than expected.Earlier in the week, I decided to proactively roll our June $116 covered call up and out to a November $120 covered call. The main concern was assignment risk in case of a strong post-earnings rally. By rolling, we extended duration but improved…

Food blogger

How to make Adjarian Khachapuri at Home

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Today we finally got it right — real Adjarian khachapuri at home. This was my second attempt. The first time I made the classic mistake: I thought regular cheese would work. It didn’t. The texture was wrong, the melt was wrong, and the flavor was flat. Lesson learned  - the cheese is not optional detail, it’s the core of the dish.This morning I went to Goodwill in Tbilisi and bought the two essentials:Imeretian cheeseSulguni cheeseThat…

India

Lemon Tree Premier, Malad Mumbai – Decent Stay, But Know What You’re Booking

At the start of 2026, we spent 2–3 nights at Lemon Tree Premier, Malad, Mumbai while returning from Goa to Tbilisi, with a stopover in Mumbai.We were looking for a practical option rather than a luxury experience. The price made the decision easy: we paid around $250 total, roughly half of what many central Mumbai hotels were charging for similar dates. There was a reason for that.The hotel is located in Malad, which is about an hour’s drive…

Week 46 / From PFE Roll to NVDA Earnings: Covered Call Portfolio Now at $11,312

As of February 20, 2026, our covered-call stock portfolio has increased by +2.20% and closed at $11,312. Growth remained intact, even after rolling PFE forward and down.For most of the week, my focus was on NVDA, but in the end I had to adjust PFE instead — rolling it forward and lower. That’s part of the process.NVDA earnings are still ahead next week, so there’s no certainty yet. That said, I’m about 85% confident we’re heading into a…

Terramatris

How TerraM Plans to Reach a $100,000 Fully Diluted Valuation

TerraM token was launched with a simple structure: 10,000 tokens in existence and a disciplined, performance-driven capital strategy. Today, with the token trading at 1.85 USDC, the fully diluted valuation (FDV) stands at 18,500 USDCThat is far below the level we believe reflects the underlying fund structure and ongoing weekly buybacks.This article outlines the next phase: how we intend to move toward a 100,000 USDC FDV, and under what…

Terramatris

What Are the Main Challenges Running a Solana Covered Calls Growth Portfolio?

Solana covered calls sound straightforward: hold SOL, sell calls, collect premium, compound. Back in September 2025 we launched Solana strategy at Terramatris crypto hedge fund, mostly focused on buy/write operationsMmost of the usual “covered call problems” are real: you cap upside in rips, you can get dragged into rolling, and in a drawdown you risk becoming a paid bagholder. But with proper risk management and discipline, those aren’t the…

Week 45 / Using Cash-Secured Puts to Accumulate Pfizer (PFE) Shares

As of February 13, 2026, our covered-call stock portfolio has decreased slightly by -0.33% and closed at $11,069. Since I couldn’t continue with weekly NVDA spread trades — having already rolled them out to the February 27 expiry — I focused elsewhere last week and reopened our PFE position.I consider Pfizer a core dividend holding, so I initiated a bull put credit spread and used the premium to purchase 0.5 shares, adding incrementally to…

Terramatris

A Poor Man’s Buy/Write With XRP (Yes, It Exists)

On February 6, I opened a tiny XRP trade. Not because it will move markets. Not because it will fund early retirement. But because it’s a clean, honest example of how a buy/write strategy can work even in crypto.Think of this as poor man’s crypto hedge fund experimentation: low stakes, existing collateral, mostly for fun  but with real mechanics and real money.On February 6, I bought 66 XRP at $1.51 and immediately sold 66 call options with…

Living in Georgia

Tbilisi ETH Hackathon: Finally Making It (and Mostly Drinking Beer)

I first noticed ETH Chipmunks toward the end of 2025. They kept popping up on my radar via Luma links Ethereum meetups, hackathons, small community events in Tbilisi. I applied several times. Each time, something got postponed, rescheduled, or quietly disappeared. Timing never worked.That changed in early February 2026, when the Tbilisi ETH Hackathon (Season 2 or something) finally happened—and I finally made it.I showed up prepared. Laptop in…

Week 44 / $94 Options Premium Earned Amid NVDA Volatility and Tech Sell-Off

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,…

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I share ongoing portfolio progress with a focus on generating income through covered calls on quality stocks. Each update includes positioning changes, trade rationale, and forward-looking adjustments based on current market conditions.

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