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 covered calls expiring in our portfolio, and no new positions were opened. We’re currently focused entirely on a single NVDA covered call, with the nearest expiry on May 23—just one week away.
While it might seem counterintuitive, this narrow focus is deliberate. Rather than scattering energy across multiple tickers or complex setups, we’re letting our existing strategy play out—a strategy that continues to pay.
With NVDA’s steep increase in price, I’m seriously considering letting our shares get assigned next week. If this happens, we’ll walk away with a realized gain and a clean slate—plus, the beauty of freeing up capital.
What comes next? I’m eyeing a cash-secured put strategy to re-enter NVDA or another strong stock at a discount. This is a brilliant move in times like these—earn premium while waiting for a pullback.
Alternatively, I’m still open to a roll up and forward if the premiums make sense. But I doubt this will be a short-term roll—weekly or even bi-weekly options seem less attractive in the current setup. The calculus might favor a more measured, longer-dated play.
This week is a textbook case of how patience pays. We didn’t hustle. We didn’t scramble. We simply let our existing positions do the work—and we got paid for it.
In a world obsessed with constant motion, remember this: doing nothing is still doing something—especially when you’re collecting premium along the way.