Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, book author and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.

Latest articles

Week #15 Ethereum Options Trading Results (+0.0062 ETH)

At the end of the week, the total value of our Ethereum / EUR portfolio was worth $1,531.35, which is about 15.31% of my $10,000 goal. Nevertheless, last week's portfolio gained +0.73% of its value. In dollar terms, we gained +$25.69. One of our short-term goals is to grow the portfolio back to its all-time high of $1,802, which was recorded at the start of January Total ETH available: 0.6839 (Margin balance: 0.7320). There is about 0.0481 ETH…

Trading |

Crypto Options Trading: Strike price, expiration date, and premium

Recorded, edited, and uploaded already the fourth video for Options Trading Academy - It's planned to feature about 24 such videos for a full Crypto Options Trading Course In this video lesson, I'm sharing my actual trading screen from the Deribit trading platform to discuss options premium, strike, and expiry dates.  interested to learn more about trading crypto options? Enroll in Crypto Options Trading Course now!

Trading |

How To Adjust Call Bear Spread

A call bear spread is a popular options trading strategy used by investors who believe that the price of an underlying asset will decrease. The strategy involves buying a call option with a higher strike price and simultaneously selling a call option with a lower strike price. A call bear spread might be also a part of the iron condor, with the opposite side being a bull put spread. I trade call bear spreads either as part of an iron condor or…

Trading |

Latest Stock Buy: Bought 2 AMZN shares at $94.74

On March 7th, 2023, we bought an additional 2 shares of Amazon (NASDAQ: AMZN) stock, paying $94.74 per share for our Partnership Fund. We are now holding 19 shares of AMZN in our Partnership Fund portfolio Using dollar-cost averaging our average cost per AMZN share is $105.02 81 shares to go once we will be able to start selling covered calls and generate extra income from AMZN stock. At the current investment speed (2 shares per month) we…

Investments |

Week #14 Ethereum Options Trading Results (+0.0117 ETH)

At the end of the week, the total value of our Ethereum / EUR portfolio was worth $1,505.55, which is 15.05% of our $10,000 goal. Nevertheless, last week's portfolio gained +12.16% of its value. In dollar terms, we gained +$163. Total ETH available: 0.6894 (Margin balance: 0.7629). There is about 0.0735 ETH available to be gained from the current, open options trades At the moment, there are 2 put and 1 call options opened with the following…

Trading |

Armenia's Emerging Tech Scene: The Country's Innovation and Entrepreneurship

At the start of 2023, I helped as a hiring manager for a country manager role in Armenia for a translation company from neighboring Georgia. It was an interesting expieriece, dealing with candidates, having online interviews over Google Meet, and finaly conduction face-to-face interviews in Yerevan.  In this article I decided to take a closer look on overall tech sector in Armenia Armenia is a country that has been in the shadows of its larger…

Investments |

Bank Stocks Beaten Down: Is Selling Put Options on Bank of America Stock a Good Idea?

With bank stocks beaten down, after SVB bank closure in the US, investors are starting to take notice of the potential opportunity to buy in at a lower price. Bank of America, one of the largest banks in the US, has faced significant headwinds due to low-interest rates and increased competition from fintech companies. However, with the US economy gradually recovering from the COVID-19 pandemic, there may be potential for Bank of America to…

Trading |

Differences between crypto options trading and other forms of crypto trading

Recorded, edited, and uploaded already the second video for Options Trading Academy - It's planned to feature about 24 such videos for a full Crypto Options Trading Course Welcome back to our online course where we learn about all things related to trading and investing in cryptocurrency. In today’s video, we’ll be discussing the differences between crypto options trading and other forms of crypto trading. Whether you’re an experienced trader…

Trading |

Week #13 Ethereum Options Trading Results (-0.0672 ETH)

Last week turned out very bad, our put side spreads ended in the money, and we booked a loss of -0.0672 ETH at the end of the week. The loss could be avoided if I would choose to close all trades before the expiry, or even when the strike price of $1,450 was touched. I left the emotions to come in and didn't adjust. Now, the price we are paying is quite high. At the end of the week, the total value of our crypto portfolio was worth $1,342.42,…

Trading |

How To Sell Weekly Iron Condor Strategy with Crypto

Selling a weekly Iron Condor strategy with cryptocurrencies involves creating a combination of options positions that generate a net credit. The Iron Condor is a popular strategy in options trading that involves selling two credit spreads simultaneously, a call credit spread and a put credit spread, with the same expiration date.For the past few weeks, I have been playing out with the idea of selling weekly iron condors on crypto, to test my…

Trading |

TerraM Crypto Hedge Fund Portfolio February 2023

On December 2022, we minted 10,000 TerraM coins on the Solana network with an aim to raise $10,000 capital for options trades on Ethereum via the Deribit trading platform. We are struggling of raising the capital, with myself still being the largest seed investor in the project yet. When launching the project I was somehow more optimistic and thought by this time of the year we will be, if not already fully funded, then at least halfway there.…

Trading |

How I'm Building My Interactive Brokers Account with TLRY Stock and Call Options

On March 1, 2023, I bought additional 21 shares of TLRY stock (NASDAQ: TLRY), paying $2.80 per share for my stock portfolio. I've been selling call-and-put options with TLRY since 2020. I remember days TLRY traded around $20 per share. I wouldn't mind seeing this stock trading there again. During month of February TLRY stock have lost more than 16% of the value, while SP 500 lost little more than 4% last month.  I'm now holding 54 shares of…

Investments |

Week #12 Ethereum Options Trading Results (+0.0174 ETH)

Last week, all of our iron condors on Ethereum expired worthless, meaning that we were able to keep the entire premium received from selling the options. At the end of the week, the total value of our crypto portfolio was worth $1,600.48, which is just shy of 16% of our $10,000 goal.  Unfortunately, the total dollar value of the portfolio decreased as the price of Ethereum slid from the higher 1600s back to the middle 1550s. Ethereum price…

Trading |

Armenia and Israel: A Comparison of Their Similarities and Differences

Armenia and Israel are two countries that share some similarities, as well as some differences. Both countries have unique cultural and historical backgrounds, and their geopolitical situations have shaped their respective national identities. In this article, we will explore some of the similarities and differences between Armenia and Israel. Similarities: Diaspora communities: Both Armenia and Israel have strong diaspora communities…

Investments |

Starting a Business in Armenia: Tips, Resources, and Investment Opportunities

Armenia is a small landlocked country located in the Caucasus region of Eurasia. With a population of just over three million people, it has a rich cultural heritage, a long history, and a unique strategic position between Europe and Asia. In recent years, Armenia has been working to improve its business environment and attract foreign investors. If you are considering doing business in Armenia, there are several things that you need to know.…

Investments |