#30 TerraMatris Crypto Hedge Fund: Targeting $10.3/day from 1DTE put options on BTC, reinvesting in ETH

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Greetings from Tbilisi, Georgia. We are already halfway of March, Spring is literally around the corner. 

Last week our humble crypto hedge fund grew to $1,483.20 (+$171.6) from trading 1 DTE put options on BTC. The growth was coming both from crypto options premium and crypto appreciation itself.

Very likely we are going to crack $1,550 milestone this week, as long as BTC stays above $65,000 I'm quite confident in it.

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

Join our journey and invest in TerraM tokens from Raydium or Jupiter to gain exposure on TerraMatris crypto hedge fund.

Every week we choose one, two or three crypto coins and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, BTC, SOL and JUP. 

I have decided to stick with these 6 tickers until we grow the portfolio to at least 0.1 ETH, 0.01 BTC or 5 SOL, thus enabling covered call writing on these positions. 

On week 30, we are going to reinvest back in ETH - every time we are going to take options premiums this week (March 11  - March 17 ), 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 $10.3 in premiums

As of March 4, 2024, we are holding 0.06480848 ETH worth $248.71. We are looking to grow our ETH holdings to about $300 by the end of the week. 

Join our journey and invest in TerraM tokens from Raydium or Jupiter to gain exposure on TerraMatris crypto hedge fund.

  • Total supply: 10,000
  • In circulation: 555 (5.55%)
  • On Liquidity pool: 303 (3.03%)

Not trading advice. Not soliciting for investment. 

Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.

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