Greetings from Tbilisi, Georgia! Today, we attended the open afternoon at the British International School of Tbilisi. Our kiddo is already in Year 3—time really flies! For the next academic year, the head teacher will be joining us from Wales. So instead of the usual leprechauns, we’ll now be surrounded by dragons and fairies. And with just a few more weeks left, summer will officially come to an end.
Besides that, this week was quite turbulent for our stock portfolio. With the upcoming earnings report for NVDA scheduled next week, there were noticeable price movements. To stay safe, I decided to roll out and forward positions already in the middle of the week. Nevertheless, the week ended strong, and we locked in some nice weekly gains for the portfolio.
As of August 22, 2025, our covered call stock portfolio stood at $8,353, what is a decent increase of +0.9% if compared to previous week (+$74). While Year-to-date, we our portfolio is +6.94%. Awesome!
This week, we collected $112 from selling options, what is well above my goal to generate at least 1% weekly in options premium (1.34% this week).
Our portfolio remains concentrated around NVDA stock.
I'm currently holding one covered call on NVDA with a $113 strike price expiring on December 19, 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 $6,400.
Current positions
- NVDA Aug 29, 2025 167.5/155 Put Credit Spread
- NVDA Dec 19, 2025 $113 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 $112 in options premium this week. If we can consistently average that amount, it would take approximately 49 weeks to fully eliminate our margin debt of $5,477.
Looking ahead to next week, I’ll be keeping a close eye on the NVDA $167.5 puts. If the position gets challenged, I plan to roll out, preferably for a credit.
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