On February 29, 2024, the portfolio moved from $1,005.55 to $1,215.24, up $209.69, or 20.85%. The journal records $59.59 in options income.
The TerraM token was priced at $0.86 during the week, separate from the $1,215.24 portfolio NAV.
Bitcoin’s break above $60,000 and the first close above $1,200 made this more than a routine growth week. The documented premium was one component; the full NAV increase also reflects the much stronger underlying market.
The $59.59 premium was a documented component of the week, while the larger NAV increase occurred alongside a pronounced BTC and ETH rally. The $1,200 close was therefore a useful portfolio milestone, but it should not be read as evidence that the full 20.85% increase came from options income alone. The Performance journal retains the dated result.
Market context
From February 22 to February 29, Bitcoin rose from roughly $51,305 to $61,198, while Ethereum moved from around $2,971 to $3,342. The broad rally coincided with strong spot-Bitcoin-ETF demand and rising expectations around the Bitcoin halving.