#20 TerraMatris Crypto Hedge Fund: Targeting $4 Daily Premium from BTC Options Trades

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Happy New Year and greetings from Goa, India! 

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 20th, we are returning to BTC - every time we are going to take options premiums this week (January 1  - January 7 ), we will re-invest the premium back in BTC for our long-term crypto portfolio.

Our daily goal this week is to collect minimum $4 in premiums. From premium recieved looking to invest about 0.5$ daily into buying more than 45 DTE put options on Ethereum.

As of January 1, 2024, we are holding 0.001795 BTC worth $76. Looking to grow our BTC holdings to about $100 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