At the end of March 2025, the total value of our stock portfolio was USD 7,124 (€6,594 ). What is about -13.86% decrease if compared to the previous month. In dollar terms we lost -$1,147. Ouch. The loses come both from the happenings in overall stock market and from some over-leveraged trades with options. More on that bellow.
During the month of March we stayed in Georgia, the temperatures in mid March were hovering above +26, we did a few memorable roadtrips, like to David Gareja and even to Gori. Besides that kiddo was attending Jiu Jitsu for most of the weekends here in Tbilisi.
now, back to the stocks:
Stock Portfolio
YTD our stock portfolio has dipped -1.3%, still outperforming SP500 slightly (-4.59%). Last month we got hit hard by over-leveraged options positions, and took loss of about $1,000 from closing short put on Morgan Stanley.
To realign my portfolio and regain momentum, I’ve opted to consolidate my investments into a single stock: NVDA. At least for a while. The ascent of a robotics-driven future may carry unsettling implications, but securing ownership in its vanguard could mitigate the downside while positioning me to capitalize on the upside.
Stocks Sold in March:
To better oversight portfolio and focus I decided to sell of positions which have generated profit but are rather small in position size, thus not potential candidates for covered call writing. Most are great names and will definitely return back to some of them in the future.
- BMY: Fully exited my position, selling all 7.25 shares.
- BTI: Sold all 1 share, closing my position.
- BUD: Liquidated my entire holding of 0.2 shares.
The long term plan is sell most of the stocks, while keeping only NVDA and few others (AAPL, BP, DB and BAC).
Stocks Bought in March:
In March we had following buys.
- Apple Inc. (AAPL): Acquired an additional 1.2 shares, bringing my total holdings to 3.1 shares.
- Deutsche Bank (DB): Acquired an additional 4 shares, totaling 25 shares.
- McDonald's Corp. (MCD): Expanded my position by 0.5 shares, bringing my total to 3.4 shares.
- NVIDIA Corp. (NVDA): Added 90.5 share, increasing total holdings to 95.75 shares.
Options Trades
This March, I was selling both puts and calls on NVDA, MS, INTC, F and DB
The focus has been shifted to selling only covered calls on NVDA and other tickers which we have fully paid at least 100 shares (INTC, F). No more naked puts.
Gross total from options premium in February: $1,148
Dividend Income
Our current yearly dividend from the portfolio stands at $181.68 yielding 1.04%. Compared tho previous month our projected yearly dividend has decreased by -$2.85, which can be attributed to the sell of high paying dividend stocks, like BMY
While the total dividend is not yet enough to retire comfortably, it is a solid foundation upon which we can build.
I believe by the end of the year we should be able to push our dividend portfolio to $250-$300/yearly
Plans for April 2025
For the month of April, I'm looking to sell covered calls with NVDA while bumping up little by little our stock portfolio with AAPL, DB and MCD.
Back in March, I restarted my Covered Calls with Reinis Fischer newsletter, where I'm sharing more about our options trades. If you haven’t yet, subscribe and receive an article straight in your inbox. At the end of March there were 145 subscribers out of them 1 was paying member.
How was your investments performing in the month of March? Leave a comment!