As of March 6, 2026, our covered-call stock portfolio has decreased slightly by -1.16% and closed at $11,211.
As our portfolio’s base currency is EUR, the decrease should primarily be attributed to the USD/EUR exchange rate. The greenback strengthened against the euro and traded around 1.16.
At the start of the week, I took a proactive stance and rolled down and forward the PFE put for a credit. The plan is to roll it further if needed. I received enough credit to buy 0.5 PFE shares, which will slightly contribute to our dividend portfolio. We are now holding 1.5 PFE shares.
Our covered call portfolio is up 8.00% YTD, outperforming the S&P 500 (-1.59%) and NVDA (-4%) YTD.
Current options positions:
- NVDA MAR 13, 2026 167.5/157.5 Bull Put Credit Spread
- 2X BMY MAR 20, 2026 50/46 Bull Put Credit spread
- PFE MAY 15, 2026 25 Cash-Secured Put
- NVDA NOV 20, 2026 $120 Covered Call
Additionally, from this week’s options income, I purchased 0.1 shares of NVDA, incrementally increasing our core equity position.
This keeps the strategy consistent: use options premium not only as income, but also to gradually compound the underlying stock exposure.
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 $99 in options premium this week. If we can consistently average that amount, it would take approximately 37 weeks to fully eliminate our margin debt of $3,686. 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 $167.5/157.5 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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