Blog Archive: June 2025 | Reinis Fischer

Week 12 / AI-Fueled NVDA Surge Lifts Portfolio +2.59% This week —But Is a Pullback Near?

27 June, 2025 | | 30 seen

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 significantly deep in the money. If we allow the shares to be called away at expiry, this would lock in an unrealized profit of approximately $4,700.

NVDA on Fire

NVDA stock is on fire—this week it surged well above the $155 mark, breaking through multiple resistance levels with ease. The relentless momentum has been fueled by AI-related optimism and bullish sentiment, leaving many market participants wondering just how high it can go before a meaningful correction kicks in. With valuations stretching and implied volatility elevated, we’re staying nimble and watching closely for potential reversal signals.

While we remain confident in NVDA’s long-term outlook, such sharp upward moves often precede consolidation or pullbacks. Our strategy, including covered calls and weekly credit spreads, allows us to continue benefiting from elevated premiums while maintaining a core long position.

Current positions

NVDA Jul 03 150/143 Put Credit Spread
NVDA Aug 15, 2025 $110 Covered Call

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $46 in options premium this week. If we can consistently average that amount, it would take approximately 127 weeks to fully eliminate our margin debt of $5,887.

Looking ahead to next week, I’ll need to closely monitor the NVDA $150 put. If it’s challenged, I may need to either roll it out or consider closing the $110 covered call position.

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Week 11 / Beating the 1% Weekly Goal: How We Collected $101 in Options Premiums

20 June, 2025 | | 144 seen

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).

Midweek, I decided to take a proactive stance and rolled up and away the June 27, $109 covered call on NVDA. The position was moved to a higher strike price of $110 with a new expiry of August 15. For this adjustment, we received an additional $48 in premium (net of commissions), and there's also potential to realize an extra $100 if NVDA stays above our strike price on expiry.

Our long-term strategy remains unchanged - we aim to hold NVDA in our stock portfolio for as long as possible.

Additionally I opened weekly credit spread on NVDA collecting additional $53 (after commissions)

Current positions

NVDA Jun 27 139/131 Put Credit Spread
NVDA Aug 15, 2025 $109 Covered Call

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $101 in options premium this week. If we can consistently average that amount, it would take approximately 59 weeks to fully eliminate our margin debt of $5,934.

Looking ahead to next week, I’ll need to closely monitor the NVDA $139 put. If it’s challenged, I may need to either roll it out or consider closing the $110 covered call position.

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Week 10 / NVDA Weekly Option Trades: $67 Earned, $3,200 Unrealized Profit at Risk

13 June, 2025 | | 52 seen

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).

I'm currently holding one covered call on NVDA with a $109 strike price expiring on June 27, which is now significantly deep in the money. If we allow the shares to be called away at expiry, this would lock in an unrealized profit of approximately $3,200.

Current positions

NVDA 139/131 Put Credit Spread (Weekly)
NVDA Jun 27, 2025 $109 Covered Call

While our long-term intention is to hold NVDA shares, we utilize weekly put credit spreads to generate additional income. Ideally, we plan to manage the covered call by rolling it out over time, preserving our position while continuing to collect premiums. However, as the June 27 expiry approaches, the opportunity to roll this position easily is diminishing. We're beginning to consider letting it go and re-entering using puts.

That said, the goal is to hold the current covered call for at least one more week before adjusting or rolling it out. Ideally, we’d like to roll it to a significantly higher strike to capture more upside.

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $67 in options premium this week. If we can consistently average that amount, it would take approximately 90 weeks to fully eliminate our margin debt of $6,040.

Looking ahead to next week, I’ll need to closely monitor the NVDA $139 put. If it’s challenged, I may need to either roll it out or consider closing the $109 covered call position.

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Israel & Cyprus 2025

12 June, 2025 | Travel guides | 43 seen

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

9 June, 2025 | Living in Georgia | 174 seen

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 the month of June, I opted for a morning-only membership at 12 Rounds (valid from 07:00 to 16:00), which came at just GEL 220. That’s a savings of GEL 480—money that could go into protein powders, supplements, or even a weekend trip to Kazbegi.

To my surprise, 12 Rounds is a very decent gym. In terms of quality and cleanliness, it stands on par with Axis Tower. The atmosphere is solid, the equipment is in good condition, and there’s plenty of space to get a full-body workout done without waiting too long for machines.

But of course, no place is perfect.

One of the first things I noticed was the lack of elliptical machines—something I genuinely enjoy for post-workout cardio. That said, this led to a new discovery: the rowing machine. I gave it a try and was pleasantly surprised by my performance.

Fifteen minutes in, I was pulling solid numbers—an average split time under 2:15. That result reminded me that I’m still in good physical shape, and the rower might just become a new staple in my cardio routine.

Despite the name “12 Rounds Boxing Club,” I haven’t tried their boxing offerings—yet. My focus this month has purely been the gym side of the facility. However, given the location—just next to our office—I might find myself coming back more frequently, maybe even giving the boxing bags a few swings.

While 12 Rounds ticks many boxes for a good workout, it can’t compete with the comfort and extras at Axis Tower—especially the post-workout sauna, the refreshing swim, and the unbeatable social scene. If those matter to you (and they certainly do to me), paying the extra GEL 480 may still be justified.

However, if you’re looking for a budget-friendly, high-quality gym in Tbilisi that delivers the essentials without the fluff, 12 Rounds is an excellent choice. You won’t get the frills, but you will get the gains.

Week 9 / Credit Spread Lessons: When Premiums Look Juicy but Risk Bites Back

6 June, 2025 | | 62 seen

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. On Thursday, I sold a new credit spread with next week's expiry, which generated a juicy premium. However, shortly after, NVDA's price dipped below $140, putting pressure on the position heading into next week.

This highlights one of the key risks with selling weekly options—they can be lucrative, but they're also quite dangerous due to the limited time to adjust when the underlying moves sharply.

Additionally I'm currently holding one covered call on NVDA with a $109 strike price expiring on June 27, which is now significantly deep in the money. If we allow the shares to be called away at expiry, this would lock in an unrealized profit of approximately $3,200.

Open Positions:

NVDA 136/130 Put Credit Spread (Weekly)
NVDA Jun 27, 2025 $109 Covered Call

That said, the goal is to hold the current covered call for at least a few more weeks before adjusting or rolling it out. Ideally, we’d like to roll it to a significantly higher strike to capture more upside.

One of the primary goals of our covered call stock portfolio is to gradually reduce debt while maintaining a long position of 100 shares in NVDA. Notably, we earned $88 in options premium this week. If we can consistently average that amount, it would take approximately 69 weeks to fully eliminate our margin debt of $6,107.

Looking ahead to next week, I’ll need to closely monitor the NVDA $136 put. If it’s challenged, I may need to either roll it out or consider closing the $109 covered call position.

Never miss an update! Get weekly insights delivered to your inbox—subscribe to the Covered Calls with Reinis Fischer newsletter.

Spring Break in Latvia 2025

2 June, 2025 | Travel guides | 34 seen

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 work, peaceful countryside views, and little surprises that make each trip unique.

See also:

Spring Break in Latvia 2024
Spring Break in Latvia 2023