The loss came after Netflix’s earnings report, which sent NFLX shares down roughly 10% at one point. Although we hold only a small position in the stock itself, our longer-dated NFLX put option created a meaningful drag on the overall portfolio.

Had NFLX remained flat or reacted positively to the earnings report, the portfolio likely would have crossed the $13,000 mark for the first time. That remains an important milestone—and something to keep working toward.

I originally opened the trade as a supplement to our weekly options income, but it has been problematic for the past few months—almost from the moment it was initiated in May.

That is part of options trading and risk management. Sharp moves like this are especially noticeable in smaller portfolios such as the one I manage.

I may have panicked slightly, but I decided to roll the position forward and down. Fortunately, the adjustment was completed for a net credit, providing a much-needed boost to this week’s total options premium.

Hopefully, I will not regret that decision a few months from now.

On a year-to-date basis, the portfolio is up 24.22%, outperforming both the S&P 500 (+8.88%) and NVIDIA (+13.91%). It is also worth noting that NFLX is now down 25.04%.

Current Options Positions

• NVDA Jul 24, 2026 192.5/182.5 Bull Put Credit Spread

• LHA FRA Sep 18, 2026 7.6 Cash-Secured Put (EUR)

• ARCC Sep 18, 2026 16 Cash-Secured Put

• HEL STERV SEP 18, 2026 8.5 Cash-Secured Put (EUR)

• NVDA Jun 17, 2027 $125 Covered Call

• NFLX Dec 17, 2027 64 Cash-Secured Put

After our NVDA credit spread expired worthless, I opened a new one.

Our BAC position also expired worthless. However, given the challenges with the NFLX trade and the difficulty of finding attractive premiums in weekly BAC options, I decided to pause trading BAC for the time being.

I also rolled the NFLX $66 put from the June 2027 expiration to the December 2027 expiration and lowered the strike price to $64.

Total options premium collected this week reached $147.60, which is close to ideal. However, nearly half of that amount came from rolling the NFLX position, so generating another $50–$60 in weekly options premium may be challenging over the next few weeks.

Part of the premium income was reinvested into the portfolio by purchasing 0.1 share of NVDA and 0.1 share of NFLX.

The current margin balance decreased to -$2,647, it would theoretically take about 19 weeks to eliminate the debt at this pace.

Realistically, however, I do not expect to continue generating $50+ in weekly premium over the coming months.

My expectation is that weekly options income may average closer to $30–$40, meaning it could take considerably longer to eliminate the remaining margin debt without selling any core stock holdings.

Looking ahead to next week, I will be closely monitoring the NVDA $192.5/182.5 put spread. Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.

This week, I opened several new positions, despite saying over the past few weeks that I would probably avoid doing so.

I reintroduced Bank of America stock to both the stock and options sides of the portfolio. Today, I also opened a new cash-secured put position in the Finnish forestry company Stora Enso.

You can read more about my reasoning behind both positions here:

• Why I Bought Bank of America Stock After Selling a Cash-Secured Put

• From Clearing Bushes to Selling Stora Enso Put Options: An 11.65% Annualized Trade

On a year-to-date basis, the portfolio is up 25.79%, outperforming both the S&P 500 (+10.37%) and NVIDIA (+11.24%).

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The U.S. stock market week was shortened, with markets closed on July 3 in observance of the July 4th Independence Day holiday.

But for us, the real highlight of the week was not the market. After 16 years and 3 months since I met my better half, we finally got married tod…

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Greetings from Latvia! This week, we skipped the last few days of school in Tbilisi and traveled to Latvia to celebrate the Midsummer Solstice. We spent time with family and friends, enjoyed the traditional festivities, had a few beers, a…

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As of June 19, 2026, the portfolio value increased by +0.76% compared to the previous week, reaching $12,761.

On a year-to-date basis, the portfolio is up 23.77%, outperforming both the S&P 500 (+9.36%) and NVIDIA (+11.56%). While comparing the portfolio to…

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Over the past week, I traveled to Dublin, Ireland, where I combined family time, sightseeing, and a bit of investing research.

While exploring downtown Dublin with my daughter, I made a few spontaneous additions to our long-term stock portfolio after visits to familiar businesses such as McDonald’s and Papa John’s. These purchases w…

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On June 6, 2026, the portfolio value declined by -2.5% compared to the previous week, reaching $12,540.

The decline was not entirely driven by stock performance. Currency movement played a role as well. The U.S. dollar strengthened against the euro, with EUR/USD…

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On a year-to-date basis, the portfolio is now up 22.67%, outperforming both the S&P 500 (+10.39%) and NVDA (+14.77%).

The portfolio was affected by NVDA’s post-earnings price fluctuations. At one point, NVDA dipped below $210, and I decided to…

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On a year-to-date basis, the portfolio is now up 22.48%, outperforming both the S&P 500 (+9.26%) and NVDA (+15.39%).

NVDA Earnings Reaction and Portfolio Impact

What a week. NVDA released earnings, and the stock price cooled off a bit…

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On a year-to-date basis, the portfolio is now up 18.95%, outperforming the S&P 500 (+8.18%), though still slightly trailing NVDA itself, which gained +20.38% over the same period.

This week was largely driven by a massive rally in NVDA stock…

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NVDA stock surged above $215, and our previous week’s credit spreads expired worthless. I opened a new position for next week’s expiry. After such steep upward moves, I’m always cautious about placing fresh trades, since the probabili…

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This week was one of the rare times I didn’t mind seeing NVDA drop—from $210 to below $200. As a put seller, sharp rallies are actually uncomfortable: premiums compress, entries get worse, and the risk of a sudden pullback increases. That’s ex…

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NVDA has jumped well above 200, making our options trades more challenging. As a put seller a…

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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 pu…

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As of April 10, 2026…

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The week was shortened ahead of Easter, and market sentiment was notably influenced by developments related to the Iran conflict, which has been driving volatility through energy shocks and broader macro uncertainty. Also, as the portfolio is denomina…

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The dip is largely explained by EUR/USD exchange rate movements rather than any weakness in the underlying positions. The U.S. dollar strengthened against the euro, trading around 1.15. Since our base currency is EUR, this directly impacts ho…

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For most of the week, we didn’t make any trades or adjustments. On Friday, after previous spreads expired worthless, we opened two new credit spreads on NVDA and BMY.

Additionally, we bought 0.1 shares of MCD. If you’ve been following our portfol…

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This is already the second week in a row that our portfolio value has decreased. However, the decline is largely explained by currency movements. Since the portfolio’s base currency is EUR, the drop should primarily be attributed to the USD/EUR …

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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 d…

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