On September 21, 2023, I bought 1 October 27, 2023 expiry long Gold futures contract at 1,919.30 and sold 1 November 28, 2023 expiry short Gold futures contract at 1928.4. The difference between both legs is -9.1. To make any profit the spreads of the legs should be less than -9.1 by October 27, 2023. I have been observing Gold Futres for most of September and in fact, I already opened one such trade in my other stock portfolio, but the reason to open this particular trade comes as a push after…

There are several ways to trade and invest with cryptocurrencies. During the several years since I've been exposed to the crypto market, I have learned quite a lot. Starting simple buy and hold, margin trading, lending, short selling, crypto options, crypto futures, and more. In today's article, I will share some lesser-known, market-neutral, and almost zero risk trade, we use at Terramatris crypto hedge fund to grow our portfolio. Meet - The Contango trade. What is the Contango? Contango is a…

The Champ de Mars  is a large public greenspace in Paris, France, located in the seventh arrondissement, between the Eiffel Tower to the northwest and the École Militaire to the southeast. The park is named after the Campus Martius ("Mars Field") in Rome, which was dedicated to the god Mars. The name alludes to the fact that the lawns here were formerly used as drilling and marching grounds by the French military.  We visited Champ de Mars, and had an amazing picnic in the footsteps of the…

It was one of the few weekends, at the start of September 2023, when we decided to stay in Tbilisi, instead of traveling around Georgia, and spend quality time in the city. We agreed to walk by foot to Aghmashenebeli Avenue, and from there visit Dry Bridge and Orbeliani Square, and depending on the mood return home or keep exploring the city. Aghmashenebeli Avenue in TbilisiI remember this area before the great restoration works started, and I love returning here time after time. New Life for…

Since the end of August 2023, I've been working on the Terramatris crypto hedge fund, growing the portfolio from scratch by selling put options on Ethereum. 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. That said on week 5th, we return to XLM…

We use bitcoin contango trades occasionally at TerraMatris crypto hedge fund and look at them as short-term deposits with high returns. In today's article I'll share one such trade, we did recently On September 14, 2023, I bought Bitcoin perpetual futures worth 0.2 BTC at $26,365.90 per Bitcoin and simultaneously sold December 29, 2023 expiry bitcoin futures worth 0.2 BTC at $26,704.50. This is the so-called futures spread with a width of $338.6 and a holding period of 106 days. The closer the…

On September 5, 2023, I bought an additional 2 shares of Amazon (NASDAQ: AMZN) stock, paying $138.50 per share for our long-term dividend stock portfolio. Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. We are now holding 38 shares of AMZN in our stock portfolio. That represents about 68.5% of the total portfolio. Using dollar-cost averaging our average cost per AMZN…

The Eiffel Tower is a wrought-iron lattice tower on the Champ de Mars in Paris, France. Constructed from 1887, it is named after the engineer Gustave Eiffel, whose company designed and built the tower. I first visited this iconic place back in 1990 or 1991, together with my mom and brother. back then I was about 5 year old, but I still remmebr that trip from Latvia to France with bus. Quite good memories. One of my first foreign trips.  Now, last time we visited Eiffel tower in Paris back in…

ABC Land children's party service is located in Saburtalo, Tbilisi on University Street N8. I first heard about this place some time ago from another expat family here in Georgia, but first visited together at the start of September 2023, when we (our kid) got invited to a birthday party from our class at British International School in Tbilisi. ABC Land center in TbilisiABC land is located in a separate 5 or 6-story building, unlike kids' entertainment centers which are quite a few around in…

Since the end of August 2023, I've been working on the Terramatris crypto hedge fund, growing the portfolio from scratch by selling put options on Ethereum. Every week we choose one crypto coin and invest all premium in it. In the last weeks, we have already invested in XLM, ETH and USDC For the fourth week - we have decided to go with Bitcoin, the king of all coins. Every time we are going to take options premiums this week (September  11 -  September 17), we will re-invest the premium back in…