As of April 17, 2026, our options trading driven stock portfolio increased by +2.6%, closing at $12,189, thus for the first time cracking 12K. Awesome.
This week I was abroad, visiting Berlin, and paid very little attention to the stock market. I did notice NVDA jumped to around $200 - which is great, but also makes things more challenging, as selling put options at attractive levels becomes increasingly difficult.
On a year-to-date basis, the portfolio is up 15.33%, outperforming both the S&P 500 (+3.88%) and NVDA (+6.06%).
Current options positions:
- NVDA Apr 24, 2026 190/180 Bull Put Credit Spread
- 2x BMY Jun 18, 2026 50/46 Bull Put Credit Spread
- PFE May 15, 2026 25 Cash-Secured Put
- DBK FRA JUN 19, 2026 24/20 Bull Put Credit Spread
- NVDA Nov 20, 2026 $120 Covered Call
While in Berlin, I opportunistically sold a credit spread on Deutsche Bank (Frankfurt), collecting about €63 small, but incremental EUR income for the portfolio. We already hold DB stock on the NYSE, so this was more of an impromptu trade than a structured position.
Using premium collected from NVDA credit spreads, we added another 0.1 shares of NVDA. The approach remains consistent: use options income not just for cash flow, but to steadily compound the underlying position.
A key objective of this covered call portfolio is to gradually reduce margin debt while maintaining a core holding of 100 NVDA shares. This week, we generated $46 in options premium.
If we can maintain a similar pace, it would take roughly 75 weeks to eliminate the current margin debt of -$3,444.
The goal is straightforward: reduce and ideally eliminate this margin debt in 2026 without selling core positions. However, it’s becoming increasingly difficult to generate sufficient premium to meet this target within the year - meaning the choice is either to take on more risk or extend the timeline.
Looking ahead, I’ll be closely watching the NVDA $190/180 put spread. If any position comes under pressure, the plan is to roll forward, preferably for a net credit.
I’m also opening a limited number of private coaching sessions. If you want hands-on guidance with covered calls, cash-secured puts, dividend income or navigating the stock market, you can book a session.
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