On September 7, 2023, the crypto portfolio moved from $33.66 to $35.89, a gain of $2.23 or 6.63%.
Ethereum was the main focus again. It was a quieter week for the portfolio, but selling options still means staying alert to the risk behind the premium. I was actively managing those positions within the risk limits I had set.
Market context
Between August 31 and September 7, Bitcoin moved from roughly $25,900 to $26,240, while Ethereum was broadly unchanged around $1,646–$1,648. That quiet backdrop matched the smaller portfolio gain for the week.
The smaller gain is fine. I would rather keep the process steady than turn a small account into a race for the biggest weekly percentage. Last week's move was much larger in percentage terms because the portfolio had started from almost nothing.
TerraM
TerraM stayed around $0.86. The token was still thinly traded, so I am recording the price without pretending it says much about the trading portfolio. The longer-term TerraM idea is documented separately on the TerraM token page.
For now, the next step is to keep the ETH options work measured and let the account grow one decision at a time.