We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Ethereum and Bitcoin
Every week we choose one crypto coin and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, and BTC. I have decided to stick with these 4 tickers until we grow the portfolio to at least 0.1 ETH or 0.01 BTC, thus enabling covered call writing on these positions.
On week 12th, we are returning to Bitcoin - every time we are going to take options premiums this week (November 6 - November 12 ), we will re-invest the premium back in BTC for our long-term crypto portfolio.
As of November 5, 2023, we are holding 0.000842 BTC worth $29.61. In total BTC takes about 20.07% of our total crypto portfolio. Looking to grow our BTC holdings to about $45-$50 by the end of the week.
If you are interested in learning more or participating in the fund (minimum investment $10,000) - feel free to write me an email to reinis.fischer {at} terramatris.eu or connect on LinkedIn
