Greetings from India. This holiday season we’re in South Goa, staying near Palolem Beach — our third year in a row returning here. With temperatures above 30 °C and Kingfisher beer under $2 per bottle, the place is hard to beat. With a portfolio our size, one could comfortably enjoy life here living off options income alone.
That said,
As of December 26, 2025, our covered-call stock portfolio has grown by an additional 2.21% and reached $10,696. As this is the final options expiry Friday of the year, I’m pleased to be closing 2025 with the portfolio above $10k.
One of our short- to medium-term goals is to grow the portfolio to $25k using options trading alone. With a systematic approach — and some persistence (plus a bit of luck) — reaching that level in 2–3 years is realistic. See: Road to a $25,000 Stock Portfolio with Options Trading.
With $10,696 on the books, we’re already 42.78% of the way there.
Before diving into this week’s options trades, I want to compare our performance against the S&P 500 and our anchor stock, NVDA.
Year to date, we’re up 35.82%, outperforming the S&P 500 by a wide margin (+18.09%), while lagging slightly behind NVDA (+37.94%). Overall, it’s been a strong year for the stock market.
Options trades:
This week, we only opened a new weekly NVDA credit spread and used the collected premium to buy fractional NVDA shares, gradually increasing our long-term holdings.
Current positions
- NVDA JAN 02, 2026 185/175 Bull Put Credit Spread
- 2X BMY JAN 30, 2026 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 $67 in options premium this week. If we can consistently average that amount, it would take approximately 64 weeks to fully eliminate our margin debt of $4,315. 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 $185/175 put spread. Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.
That said, Merry Christmas, Happy New Year — and we’ll talk again in 2026.
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