#27 TerraMatris Crypto Hedge Fund: Targeting $10/day from 1DTE put options, investing in USDC, SOL & JUP

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Greetings from Tbilisi, Georgia. We are already half way over February, just few more weeks before Spring will start. Can't wait!

Last week our humble crypto hedge fund grew to $980.78 from trading 1 DTE put options on BTC. The growth was both from crypto options premium and crypto appreciation.

Very likely we are going to crack $1,000 milestone this week, as long as BTC stays above $50,000 I'm very confident in it.

We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Bitcoin (and sometimes Ethereum)

Get a kindle copy of my ebook about Put Selling on Crypto markets on Amazon

Every week we choose one or two crypto coins and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, BTC and SOL. I have decided to stick with these 5 tickers until we grow the portfolio to at least 0.1 ETH or 0.01 BTC, thus enabling covered call writing on these positions. Additionally, as we got some 200 free JUP coins few weeks ago, I have decided to add few more JUP coins, just in the case in some years in the future this coin explodes to $100?

On week 27, we are going to reinvest back in to USDC, SOL and JUP - every time we are going to take options premiums this week (February 19  - February 25 ), we will re-invest the premium back in these coins for our long-term crypto portfolio. 

Our daily goal this week is to collect minimum $10 in premiums

As of February 19, 2024, we are holding 66.11 USDC, 0.851 SOL worth $109.74 and 200 JUP worth $104.75. We are looking to grow our USDC holdings to about $100, SOL $125 and JUP to about $120.

Interested to join our journey and grow with us? Consider swapping some USDC for TerraM token

By the way we are making our first airdrop, giving away 10% to every token holder once our fund will reach $2,000. 

P.S. Once we will reach $1,000 in funds value we are going to add some additional tokens to the Raydium liquidity market. So hurry up, don't miss your chance!