Good morning, ladies and gentlemen! Today is November 7th, 2024. My name is Reinis Fischer, CEO and founder of TerraMatris Crypto Hedge Fund, and I’m excited to bring you incredible news about TerraM Fund.
For those new to TerraMatris, we’re a quantitative DeFi crypto hedge fund that specializes in advanced options trading strategies, primarily selling put options. This approach aims to maximize growth and reduce risk exposure in the volatile cryptocurrency markets. TerraM Fund investors can buy TerraM tokens, available on platforms like Raydium’s decentralized liquidity pool powered by the Solana blockchain.
You can now also buy TerraM tokens on major WEB3 platforms such as OKX.com for an easy swap between USDC and TerraM.
The Strategy Behind TerraM Fund
At TerraMatris, we primarily employ a strategy of selling one-day-to-expiry put options on Bitcoin and Ethereum, focusing on high-probability trades that minimize risk. Our portfolio includes covered calls on long-term assets, currently Ethereum and Solana. Any premiums received are reinvested into crypto assets, following a basket that includes Bitcoin, Ethereum, Stellar Lumens, USDC, Solana, and others to maintain a steady dollar-cost-averaging strategy.
Risk Management
Risk management is at the heart of TerraMatris. Our options trading approach is similar to an insurance strategy, where we focus on high-probability trades with a Delta close to -0.10 to ensure positions expire worthless. If any trades encounter difficulties, we roll forward for credit and hedge where necessary using trigger-based short futures contracts on the same asset. We don’t typically use stop losses but have implemented hedging strategies when needed to protect our positions.
Weekly Goals and Results
Each week, TerraM Fund sets ambitious goals to drive growth. This week, we've focused on weekly options trading with a 1.4 Ethereum position. The U.S. elections have added market volatility, and with a crypto-friendly administration, we’ve seen TerraM and other crypto assets surge. TerraM Fund reached a new all-time high of $4,338, marking a 6.34% growth this week alone, with Ethereum nearing $2,800 and Solana expected to break $200.
Market Insights
The current crypto market landscape shows Ethereum trading between its 50- and 100-day moving averages, testing the resistance level at $3,000. While breaking this resistance could push Ethereum higher, we remain cautious, prepared to adjust our positions based on market trends.
Shift in Focus to TerraM Token
Our primary focus is now shifting to the TerraM token. Representing direct ownership in TerraMatris Crypto Hedge Fund, TerraM tokens offer holders a proportional stake in the fund's growth and performance. Powered by the Solana blockchain, TerraM tokens ensure secure and transparent ownership. Recently, we implemented a buyback program, raising the token price to $1,66. Swapping USDC for TerraM on Raydium or platforms like OXC.com is simple and user-friendly. If you’re interested in purchasing TerraM tokens directly, feel free to contact us for an over-the-counter trade.
Thank you for joining us on this journey! We look forward to another week of growth, and remember – nobody is more important than a dedicated team that drives our success.