On October 12, 2023, the portfolio moved from $80.43 to $92.86. The reported change was 15.45%, with $12.43 in options income.
Another positive week does not make the risk disappear. Premium can look easy right before conditions change, so I am keeping the same attention on the next decision.
Market context
From October 5 to October 12, Bitcoin eased from around $27,400 to $26,760, while Ethereum declined from roughly $1,611 to $1,540. The market softened during the week, but the ETH move remained just below the threshold for a major weekly market move.
I am happy with the move above $90, but the important part is that the portfolio kept growing without changing the basic approach. The account is still small, so the percentage is less interesting to me than the $12.43 added and the fact that the next decision still has to stand on its own.
TerraM
TerraM stayed at $0.86. I am keeping that price separate from the portfolio value because the token's liquidity is still limited. The TerraM token page carries the broader project information; this entry is about the week's trading journal.
The next update will go in the Performance journal. For now, I am staying patient and keeping the portfolio positioned for another normal week, not betting on a repeat of the last one.