Week 22 / Options Income Report: 1.25% Weekly ROI From NVDA & BMY Trades
As of September 5, 2025 ,our covered call stock portfolio stood at $8,552, what is another weekly increase of +0.56% (+$47). While Year-to-date, our portfolio is +8.41%. Awesome!
For the record, our portfolio is influenced by EUR/USD exchange rates. If the euro hadn’t been trading at 1.18 against the dollar, our portfolio would actually be down a few dollars. Anyhow, cheers to the EUR/USD exchange rate this week!
This week, we collected $107 from selling options, what is slightly above my goal to generate at least 1% weekly in options premium (1.25% this week).
Our portfolio remains concentrated in NVDA stock, and this week proved to be another volatile one for the tech giant. At the beginning of the week, I rolled down and forward our 165 put.
Meanwhile, our experiment with DOCU stock options turned out positive—those options expired worthless. To boost this week’s options premium, I returned to selling put options on BMY stock. The strategy worked well, and I collected enough cash premium to purchase one share and add it to our long-term portfolio.
Our dividend income is still quite modest, but I’d be happy to grow it to the point where it can cover our margin interest payments, which are currently around $25 per month. Even aside from that goal, having dividend-paying stocks in the portfolio warms my heart.
I'm currently holding one covered call on NVDA with a $113 strike price expiring on December 19, which is significantly deep in the money. If we allow the shares to be called away at expiry, this would lock in an unrealized profit of approximately $5,400.
Current positions
NVDA Sep 12, 2025 162.5/150 Bull Put Credit Spread
2X BMY Sep 12, 2025 46.5/44.5 Bull Put Credit spread
NVDA Dec 19, 2025 $113 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 $107 in options premium this week. If we can consistently average that amount, it would take approximately 50 weeks to fully eliminate our margin debt of $5,384.
Looking ahead to next week, I will be closely monitoring the NVDA $162.5 puts. BMY will also require attention, as I was selling ATM puts there. Should any of our positions come under pressure, the plan is to roll them forward—ideally for a credit.