Greetings from Tbilisi, Georgia. Our Summer vacation is officially over, the new school year has already begun, and we returned home-away-home mid-week. It’s good to be back! That said, welcome to the 73rd edition of our Weekly Stock Portfolio Update. Let’s dive in!
As of August 28, 2026, our stock portfolio closed at $13,735, marking a 1.95% increase week over week.
This week’s biggest event was undoubtedly NVIDIA’s earnings report. NVDA delivered another strong quarter, reporting $96.2 billion in revenue, up 106% year over year, while Data Center revenue surged 117% to $89.0 billion. The company also guided for approximately $108 billion in revenue next quarter, reinforcing the strength of the underlying AI demand story.
The results helped push NVDA comfortably above the $220 level, taking significant pressure off our existing credit spreads. With the stock holding up well, I continued selling additional short-dated weekly NVDA credit spreads to generate premium.
At the same time, since this was the final week of August and our portfolio already carries quite a few open positions, I deliberately avoided opening any additional positions elsewhere. For now, the priority is managing existing exposure rather than adding unnecessary risk.
The portfolio is now up 32.03% year to date, comfortably ahead of both the S&P 500 (+13.26%) and NVDA (+19.49%).
Current Options Positions
- NVDA SEP 4, 2026 212.5/202.5 Bull Put Credit Spread
- BAC SEP 18, 2026 60/55 Bull Put Credit Spread
- ARCC Sep 18, 2026 16 Cash-Secured Put
- HEL STERV SEP 18, 2026 8.5 Cash-Secured Put (EUR)
- NFLX OCT 16, 2026 82.5/95 Bear Call Spread
- BMY OCT 16, 2026 57.5/52.5 Bull Put Credit Spread
- LHA FRA DEC 18, 2026 7 Cash-Secured Put (EUR)
- NVDA Jun 17, 2027 $125 Covered Call
- NFLX Dec 17, 2027 64 Cash-Secured Put
Total options premium collected this week reached $48.
Part of the premium income was reinvested directly into the portfolio through the purchase of 0.1 share of NVDA and 0.1 share of NFLX
The current margin balance has decreased slightly to −$2,462. At the current weekly premium of around $48, it would take roughly 51 weeks to eliminate the margin debt - and that assumes none of the premium is reinvested into shares.
Looking ahead to next week, the main focus will remain the NVDA $212.5/$202.5 bull put spread. As we move into September, I expect activity to pick up around the September 18 expiration, which should also bring higher option premiums.
One position that continues to require close attention is our NFLX bear call spread. If NFLX moves above $82.50, the position becomes more problematic because we do not own the underlying shares to cover assignment. In that scenario, I would need to adjust or roll the spread, which is already part of the risk-management plan.
I have also been considering a more unconventional hedge: using NFLX-linked futures or perpetual contracts on a crypto exchange to offset some of the directional exposure. For now, though, that remains only an idea rather than an active part of the strategy.
Should and of the positions comes under renewed pressure, the plan is to roll it forward - ideally for a net credit - while keeping the risk controlled. Assignment remains a possible outcome, and if it happens, the next chapter of the strategy may involve covered-call writing on NVDA.
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