bitcoins

In the ever-evolving landscape of cryptocurrency, Bitcoin continues to stand out as the pioneer and the primary choice for many investors and traders. As the digital gold of the 21st century, Bitcoin offers lucrative opportunities for those willing to navigate its volatile market with skill and strategy. In this article, we delve into popular Bitcoin investing and trading strategies, drawing insights from the expertise of Terramatris crypto hedge fund.1. HODLing (Hold On for Dear Life)HODLing…

As the founder and CEO of TerraMatris crypto hedge fund I keep analyzing and backtesting different options trading strategies every day.In this article I decided to take a closer look and backtesting selling 1 DTE put options on Bitcoin for one year, seeing how many times there have been more than 4% price drop (thats important for options adjustment strategies)1 DTE put options trades are actually the backbone core strategy at TerraMatris crypto hedge fund and we sell them since August 22,…

Greetings from Tbilisi, Georgia. We are already close to the end of March, Spring is literally here.Last week our humble crypto hedge fund grew to $1,745 1,699 (+$46) 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 $1,800 milestone this week, as long as BTC stays above $67,000 I'm quite confident in it.We keep growing the Terramatris crypto hedge fund bit after bit by selling put…

Greetings from Tbilisi, Georgia. We are already at the end of February, just few more weeks before Spring will start. Can't wait!Last week our humble crypto hedge fund grew to $1064.55 from trading 1 DTE put options on BTC. The growth was both from crypto options premium and crypto appreciation. Last week, for the first time we cracked $1,000 milestone. It took us 6 months to get here. We hope to get over $2,000 in shorter time, hopefully in the next 3 months.Very likely we are going to crack $…

Greetings from Tbilisi, Georgia. Last week our humble crypto hedge fund grew to $567.95 from trading 1 DTE put options on Ethereum. Lets see will we be able to grow our fund over $600 this week?! We keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Ethereum and BitcoinEvery week we choose one crypto coin 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 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 12th, we are returning to Bitcoin - every time we are going to take options…

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…

On July 14, 2023, Bitcoin cracked $31,000 and Ethereum hovered around $2,000, thus my call position expired in the money and I realized profit from selling futures contracts Originally I established these trades on July 3, 2023, buying 0.1 BTC futures at $30,809 and 1 ETH futures at $1,952 and selling call positions against them. /* /*]]>*/ BTC                 Premium Buy price Strike Price current price mul Gain   Loss   0.00265 $30…

On July 7, 2023, I rolled forward two covered call positions on Bitcoin and Ethereum, using perpetual futures as collateral. Originally I established these trades on July 3, 2023, buying 0.1 BTC futures at $30,809 and 1 ETH futures at $1,952 and selling call positions with July 7th expiry at $31,000 and $1,950, respectively. As none of the call positions expired in the money, I just rolled to the next week's (July 14) expiry for both positions: The total premium received so far from selling…

On July 3, 2023, I sold two covered call positions on Bitcoin and Ethereum, using perpetual futures as collateral. At first, I bought 0.1 BTC futures at $30,809 and simultaneously sold a 0.1 call option with a strike price of $31,000 and an expiry of July 7, 2023, for this trade setup I was rewarded with a 0.00155 BTC premium.  Perpetual futures are traded with 50x margin on the Deribit trading platform, and to control futures worth 0.1 BTC I was required just 1/50 in margin collateral, or to…