NVDA Dip Trims Covered-Call Portfolio to $9,514
As of November 7, 2025, our covered call stock portfolio has slightly dipped to to $9,514, what is a minor decrease of -1.07% (+$102 if compared to the previous week.
The dip is mainly due to the retracement in NVDA’s price and our need to adjust the bull put credit spread on it this Friday.
Most of the week was quite slow and uneventful — which is usually a good thing. The exception was Friday, when NVDA briefly dipped below 180. I rolled our 185/175 credit spread to next week’s expiry.
Frankly, NVDA is starting to look oversold to me. I’m considering taking a break from it, as I wouldn’t rule out a deeper correction — and since we’re trading on margin, that could get costly. Depending on how things go next week, I might step away from NVDA weeklies and look for something a bit less volatile.
Current positions
NVDA NOV 14, 2025 180/170 Bull Put Credit Spread
2X BMY NOV 21, 2025 43.5/38 Bull Put Credit spread
SHELL DEC 19, 2025 31/28 Bull Put Credit Spread
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 $25 in options premium this week. If we can consistently average that amount, it would take approximately 189 weeks to fully eliminate our margin debt of $4,747.
Looking ahead to next week, I will be closely monitoring the NVDA $180/170 put spread Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.