As of September 26, 2024, the fund has reached an all-time high of $3,706, reflecting a 4.93% week-over-week growth, adding $174.99 to the portfolio. This milestone was achieved through an adjusted risk strategy, particularly an aggressive Ethereum (ETH) put-selling approach.
Fund Overview
This fund operates as a private, decentralized crypto investment fund, leveraging short-term options trading strategies to generate consistent growth. Key highlights include:
- Options Trading: Focused on selling 1-day-to-expiry (1DTE) put options on Bitcoin (BTC) and Ethereum (ETH).
- Covered Calls: Managed positions to optimize long-term performance.
- Strategic Reinvestment: Premiums from trades are reinvested into ETH, Solana (SOL), Toncoin (TON), and other core assets.
- Risk Management: A calculated increase in risk exposure, adjusting from Delta -0.10 to Delta -0.25 for ETH put selling, based on favorable market conditions.
Trading Strategies & Portfolio Adjustments
- ETH Put Selling: A more aggressive approach this week, targeting ETH resistance levels.
- Solana (SOL): Continued accumulation following engagement with Solana Foundation.
- Toncoin (TON): Increased exposure ahead of the upcoming TON Hackathon
- Diversified Reinvestment: Structured Dollar-Cost Averaging (DCA) strategy remains in place.
TON Hackathon – October 2024
An anticipated event bringing together blockchain developers, traders, and investors to explore the TON ecosystem. The fund remains committed to staying at the forefront of blockchain developments by deepening its understanding of TON’s technology and market potential.
Risk Management & Strategy Refinement
- Position Adjustments: Monitoring trades and rolling positions for credit when needed.
- Hedging with Futures: Ensuring protective measures against market volatility.
- Strategic Position Sizing: Balancing growth with calculated risk exposure.
Disclaimer: This update is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry inherent risks, and past performance is not indicative of future results.