Risk Management

Ep 10 / Crypto Options Portfolio Reaches $124.02

On October 26, 2023, the portfolio finished the week at $124.02, up $21.34 from $102.68. The reported weekly change was 20.78%, and the journal records the $21.34 as options gains.

It was another fast week for the portfolio. I am not trying to explain the whole result with one headline. Fast moves can help one position and pressure another, which is why the work stays the same: keep the risk in view and do not get careless after a good result.

Market context

From October 19 to October 26, Bitcoin climbed from roughly $28,720 to $34,160, while Ethereum rose from about $1,567…

Ep 8 / Portfolio Passes $90 With Another Options Week

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…

Ep 7 / Options Income and Underlying Gains Lift Portfolio to $80.43

On October 5, 2023, the portfolio reached $80.43, a reported gain of 25.26%. Options income came to $16.22.

The result reflects both continued options income and better movement in the underlying positions. That is encouraging, but it is not a reason to forget how thin the market still feels. When liquidity is light, a position can become harder to adjust exactly when a trade stops behaving.

Market context

From September 28 to October 5, Bitcoin moved from roughly $27,020 to $27,400, while Ethereum eased from around $1,653 to $1,611. The market was mixed rather than…

Ep 6 / ETH Options Income Lifts the Portfolio to $64.21

On September 28, 2023, the portfolio reached $64.21. That is a 22.33% increase from last week's $52.49, with $11.72 in options premium collected.

The weekly result came from options premium. I am trying to build the account through repeated, controlled decisions rather than one oversized bet.

Market context

From September 21 to September 28, Bitcoin rose from roughly $26,570 to $27,020, while Ethereum recovered from around $1,584 to $1,653. Both moves were constructive but remained below the threshold for a major weekly market move.

It is tempting to look at a 22% week…

Ep 5 / Options Premium Pushes the Portfolio to $52.49

On September 21, 2023, the portfolio closed the week at $52.49, up $12.12 from $40.37. The reported weekly change was 30.02%, and the increase came from options premium collected during the period.

That is a good result, but the account is still small enough that twelve dollars can make a big percentage difference. I am keeping the focus on the actual cash added to the portfolio and on whether the next setup is worth taking.

Market context

From September 14 to September 21, Bitcoin was broadly stable around $26,540–$26,570. Ethereum eased from roughly $1,627 to $1,584. The…

Ep 4 / Ethereum Options Premium Builds the Portfolio to $40.37

On September 14, 2023, the portfolio reached $40.37, up $4.48 from $35.89. That works out to 12.48%. The account is still tiny, so I am keeping the percentage in perspective. A few dollars move the number a lot at this stage.

The early work is still centered on Ethereum options premium. I am not trying to predict every move in ETH. I am looking for premium that makes sense against the risk, then keeping the proceeds in the portfolio instead of treating a good week as money already won.

Market context

From September 7 to September 14, Bitcoin rose modestly from around $26,240…

Ep 3 / A Quiet Week for Ethereum Options, Portfolio at $35.89

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…

Ep 1 / Starting the Crypto Options Journal With $5.38

I started the crypto options journal on August 23, 2023. The first week was small, which was exactly the point: start with real capital, make the decisions visible, and see whether an options approach can build a base over time.

By August 24, 2023, the portfolio showed $5.38 in income. It is not a number to celebrate too hard, but it is a real first entry. I was more interested in keeping the first step controlled than in forcing a larger result.

Market context

At launch, Bitcoin traded around $26,200 and Ethereum around $1,660. The market was relatively subdued over the…