Ep 51 / Options Premium Cushions an August Crypto Selloff

· 1 min read · 13 seen

The portfolio closed at $3,195.64, down $212.66, or 6.32%. The journal records $43.77 in options premium, which cushioned but did not eliminate the market-driven drawdown.

Market context

From Aug 1–8, Bitcoin fell from roughly $65,288 to $61,706, while Ethereum declined from around $3,201 to $2,684. The interval included the August 5 global risk-off shock, yen strength, carry-trade unwinding and recession concerns.

The available journal figures do not provide a complete split between options income and changes in underlying holdings, unless a documented premium figure is stated above.

TerraM was recorded around $1.48, separately from portfolio NAV.

See the Performance journal for the wider series.

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