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 19th, we are returning to USDC - every time we are going to take options premiums this week (December 25 - December 31 ), we will re-invest the premium back in USDC for our long-term crypto portfolio.
Our daily goal this week is to collect minimum $3.8 in premiums.
As of December 25, 2023, we are holding USDC worth $29.34. Looking to grow our ETH holdings to about $55 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 altrenatively Swap USDC for TerraM on Raydium
