As of December 19, 2025, our covered-call stock portfolio has grown by an additional 1.11% and reached $10,465. It’s genuinely exciting to be above $10K for the fourth week in a row. I was expecting to fall under $10K this week as volatility kicked in, but the result is better than expected.
Year-to-date, we’re up 33.73%, outperforming the S&P 500 by a wide margin (+16.26%). With just one calendar week left in the year, it looks like this is shaping up to be one of the best-performing years for the stock market in recent memory.
Besides activities in financial markets, 0ur kiddo wrapped up Term 1 today, and we enjoyed a lovely Christmas concert at her school in Tbilisi - just before we head to Mumbai and Goa, India, for the next three weeks.
During the week, as volatility picked up, I rolled the NVDA credit spread out and down. While today, I opened a new BMY credit spread and used part of the credit received to buy one additional share for our dividend stock portfolio—a small but meaningful contribution.
Current positions
- NVDA DEC 26, 2025 170/160 Bull Put Credit Spread
- 2X BMY JAN 30, 2025 51/47 Bull Put Credit spread
- SHELL FEB 20, 2026 29 Cash-Secured Put
- NVDA APR 17, 2026 $115 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 $147 in options premium this week. If we can consistently average that amount, it would take approximately 27 weeks to fully eliminate our margin debt of $4,362. I’d be quite happy to eliminate this margin debt in 2026 without selling any stock—let’s see how it goes.
Looking ahead to next week, I will be closely monitoring the NVDA $170/160 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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P.S. During the week, I got a paying subscriber to my substack newsletter ,something that hadn’t happened in about four years. I was excited and sent a quick thank-you note, which turned out to be a mistake: the subscriber likely reconsidered the value and canceled almost immediately. Lesson learned. LOL
