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
Hotel Intourist Palace Batumi
Intourist Batumi Hotel is located in the popular Black Sea resort of Batumi, 300 metres from the nearest beach. We booked a one-night stay here at the end of October 2023, paying a little less than EUR 80 (breakfast included). After arriving here from Parapgraph Resort Hotel in Shekvetili it felt a little bit outdated, but for the price paid - Hotel Intourist Palace is an excellent choice in the heart of Batumi. Legend says that Yalta…
#10 Coin of the Week: Ethereum (ETH)
I 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. For week 10, we are returning to ETH…
TerraMatris Crypto Hedge Fund Portfolio Value reaches $79.79 in September 2023
Terramatris is a private crypto investment hedge fund started on August 22, 2023, by me. The fund is privately held and is not publicly registered under any specific jurisdiction. Though, most of the time operated from Tbilisi, Georgia. We trade options with crypto while reinvesting premiums back into different crypto assets. At the moment we are growing our crypto portfolio by selling put options on Ethereum. Once we will have at least 0.1…
Sold 1 Bull Put Credit Spread on TSLA – 4.58% potential income return in 3 days
On October 10, 2023, I sold 1 bull put spread on Tesla stock with strike prices at $247.5 and $242.5 with expiry on October 13, 2023. For this trade setup, I was rewarded with $22.92 (after commissions). As on October 10, my blog was celebrating its 10 anniversary I wanted to celebrate it with something BIG - and without much thinking, I came to options trading. Tesla seems like an ideal candidate for this anniversary. Maybe on the blog's 20th…
The 'Anti-Coffee Fund': Investing $5 a Day for 33% Returns
It was on a Saturday evening at the end of September 2023, we were returning from a Salty Garden tavern near Bazaleti Lake to Tbilisi, parked our car on the street next to our house when I noticed there was a new corner coffee shop opened in our house. The better part of me asked me - if would I like to have a cup of coffee. I thought about it for a second - like, we have an excellent coffee machine in our apartment, and that is the only coffee…
#9 Coin of the Week: Stellar XLM
I 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 9th, we are returning to…
Latest Addition to Stock Portfolio: 2 AMZN shares at $125.62
On October 5, 2023, I bought an additional 2 shares of Amazon (NASDAQ: AMZN) stock, paying $125.62 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 40 shares of AMZN in our stock portfolio. Using dollar-cost averaging our average cost per AMZN…
Established 1 Covered Call on Ethereum - 6.05% potential income return in 1 day
On October 5th, 2023, I sold one covered call option for Terramatris Crypto hedge fund on Ethereum, using perpetual future as collateral. I bought 1 ETH future at $1,636.89 and simultaneously sold 1 call option with a strike price of $1,650 and an expiry of October 6, 2023, for this trade setup I was rewarded with $4.4 in premium (before commissions). When trading with perpetual futures we are also paying a funding fee, which for most of the…
10 Year Blog Anniversary
10 years ago today, on October 10, 2013, my blog went online at reinisfischer.com 10 years have passed like a flicker, especially the last 6 or 7 years. Over the years the blog has turned into a massive archive covering my travels in Georgia and around the World, documented progress on stock investments, options trading and even running a crypto hedge fund. Over the years I have documented the progress of home remodeling, apartment remodeling…
#8 Coin of the Week: BTC (Bitcoin)
I 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 8th, we are returning to…
Tbilisi Marathon 2023 & Tbilisoba
October 2023 witnessed the dynamic convergence of two major events in the heart of Georgia - the Tbilisi Marathon and the Tbilisi City Festival, famously known as Tbilisoba. As proud participants in both celebrations, we embarked on a journey that encapsulated the spirit, diversity, and unity that defines this vibrant city. Buckle up as we share our firsthand experience, offering you a glimpse into the exhilarating festivities that unfolded.The…
10K Challenge: Conquering Tbilisi Marathon with Caucasus Translations and Terramatris
On October 1st, 2023 Tbilisi Marathon was held (organized by Heildebergcement and I participated in running 10 kilometer distance setting my personal record, finishing in 1 hour 10 minutes, and 1 second. After our successful start at Tbilisi Fun Run in early spring, we decided to challenge ourselves one more time and most team members from Caucasus Translations joined the race. Before the race, I took 4 training sessions on running 10K,…
Bitcoin Contango Trade with potential 12% return in 28 days
While working on the Terramatris crypto hedge fund I came up with an idea once in a month to re-invest the total value of the fund into the so-called Bitcoin contango trades. As the total value of the fund was about $74 at the end of September that's capital I put in work with bitcoin futures. Without further ado: On September 29, 2023, I bought Bitcoin perpetual futures worth 0.135 BTC at $27,162.50 per Bitcoin and simultaneously sold October…
Art Cafe Qartuli in Khashuri / The Georgian
Ar Cafe Qartuli also called The Georgian is a lovely roadside restaurant near the town of Khashuri (located next to Khashuri - Borjomi highway) which serves typical Georgian cuisine. The pricing is quite affordable, the cuisine is delicious and the interior is nice. When traveling form Tbilisi to Borjomi, I highly recomend to take a stop here, just after finished the Khashuri circle. they have it all - khinkali, khachapuri, badrijaani, even…
#7 Coin of the Week: USDC
I keep growing the Terramatris crypto hedge fund bit after bit 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. On week 7th, we are returning to USDC coin -…