#18 TerraMatris Crypto Hedge Fund: Focused on ETH, $3.5 Daily Premium Goal, and Allocating $0.5 to Protective Puts

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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 18th, we are returning to ETH - every time we are going to take options premiums this week (December 18  - December 24 ), we will re-invest the premium back in ETH for our long-term crypto portfolio.

Swap USDC for TerraM on Raydium

Our daily goal this week is to collect minimum $3.5 in premiums. 

As our portfolio keeps growing, we have decided to spend some premium on buying put options, just for protection. This week its agreed to spend $0.5 from daily premium in protective puts.

As of December 18, 2023, we are holding 0.03217 ETH worth $71.41. Looking to grow our ETH holdings to about $90 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