As of September 19, 2025, our covered call stock portfolio has reached $8,858, marking another weekly gain of +1.15% (+$105). Year-to-date, the portfolio is up +12.39%. Technically, we’re slightly underperforming the S&P 500 (+13.31%), but I’m very satisfied with the progress - the $10K milestone with every week comes closer.
Surprisingly, for most of the week it seemed we would end with a negative return, but it ultimately turned out better than expected.
This week, we collected $162 from selling options, what is well above my goal to generate at least 1% weekly in options premium (1.82% this week).
This was quite a turbulent week for our options trades, and mid-week I rolled out and forward the put spreads on NVDA and BMY.
I rolled the NVDA 172.5 put down to 170 and out to next week’s expiry, while BMY looked more troubled, so I extended it further out to the October 10 expiry, capturing a heftier options premium.
We keep 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 $6,200.
I’m already considering rolling this position up and out to at least the 115 strike, likely with a March 2026 expiry, to collect additional premium—but I may wait a few more weeks before making the move.
Current positions
- NVDA Sep 26, 2025 170/155 Bull Put Credit Spread
- 2X BMY Oct 10, 2025 45/42 Bull 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 $162 in options premium this week. If we can consistently average that amount, it would take approximately 32 weeks to fully eliminate our margin debt of $5,102.
Looking ahead to next week, I will be closely monitoring the NVDA $170 put spread. Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.
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