Blog Archive: January 2026
Week 43: Boring but Profitable — BMY Credit Spread Brings in $65 Options Premium
As of January 30, 2026, our covered-call stock portfolio has once again increased by +2.43% and closed at $11,050. For the first time, we’ve cracked the $11K milestone. Awesome. Interestingly, we kept activity minimal this week the only new trades were BMY credit spreads opened today. Despite that, the NVDA-centered portfolio is clearly outperforming the crypto portfolio, which suffered another sharp -30% drop this week. Definitely worth noting.This week, I also published an article explaining our NVDA strategy - you can read it here: How the NVDA Strategy Became the Backbone of Our Stock Portfolio.Our covered call portfolio is up 3.71% YTD, slightly outperforming the S&P 500…
Hiking to Turtle Lake: A Winter Trail in Tbilisi
Last Sunday we did a hiking trip to Turtle Lake, starting from the stairs on Polikarpe Kakabadze street. I’ve been a big fan of hiking in Tbilisi for a long time. More than ten years ago, we used to do hiking trips almost every weekend, something I’ve written about on the blog many times. Back then it was routine.Last chance workout on the trails around Turtle Lake before Tbilisi MarathonHiking trails near Turtle lake, Tbilisi in WinterRemote and Abandoned Hipster Party Place with Great views of Tbilisi (Hiking near Turtle Lake)and moreRecently we moved to a new apartment on Pavle Ingorovka Street, and from our window we can clearly see hiking trails cutting through the hills. That alone…
Week 42 / $107 Options Income From Rolling NVDA Credit Spreads During the Greenland Shock
As of January 23, 2026, our covered-call stock portfolio has dipped slightly by -0.43% and closed at $10,788.The previous week was highly turbulent. As the market opened on Tuesday, NVDA briefly dipped below my call strike levels. Given the elevated volatility, I decided not to wait and took an early roll, pushing the position several weeks (February 6) out to reduce near-term risk.Volatility remained elevated throughout the week and only began to ease after President Trump’s speech in Davos, which I followed closely on CNBC. Once he stated that no force was planned to be used regarding Greenland, both equity and crypto markets reacted positively and turned green again.That relief, however…
Week 41 / NVDA Credit Spread Strategy: 0.43% Weekly Return if Expires Worthless
Greetings from Tbilisi. After more than three weeks in India, we are finally back—welcomed by temperatures below 0°C and already missing Goa and its +31°C.Last week, we also held our annual office party (Caucasus Translations) at Babilo Music Hall, enjoying excellent Georgian cuisine, wine, and traditional Georgian dance. I skipped the food due to intermittent fasting (no eating after 14:00), but it was a great evening nonetheless.As of January 16, 2026, our covered-call stock portfolio has increased again by additional +1.71% and closed at $10,835.It has been an excellent start to 2026, and we are positioning for further growth while remaining cautious. A market correction around earnings…
Week 40 / NVDA Strategy, $65 Premium Income, and Margin Reduction
Greetings from Mumbai, India. For the past three years, we’ve spent our winter holidays in India, usually traveling to Goa via New Delhi. This time, however, we arrived and departed through Mumbai and had a few days to explore the city. I’m genuinely impressed. Mumbai is definitely a city where I could imagine living long-term. Beyond that, it stands out as one of Asia’s major financial centers.One thing that really stands out when traveling around India is the prevalence of billboards advertising investments in mutual funds. Likewise, when visiting libraries, it’s not uncommon to find educational books on options trading. This suggests that India’s retail financial markets are not only…
Week 39 / Road to $25K: Rolled Up and Forward NVDA Covered Call, Adjusted Credit Spread
Greetings from South Goa, Palolem Beach, India. I hope you had a great New Year’s party - we certainly did.As of January 2, 2026, our covered-call stock portfolio has decreased slightly by -0.84% and closed at $10,607. For the sake of transparency, it’s worth noting that the slight decline is due to USD/EUR exchange rate movements. The U.S. dollar appreciated modestly against the euro, which reduced the total value when expressed in EUR and back.This marks the first options week of 2026; however, all position adjustments were made back in 2025.One of our short- to medium-term goals is to grow the portfolio to $25k using options trading alone. With a systematic approach — and some…