Trading Journal

Ep 156 / ETH Cash-Secured Put Strategy Targets 5.01% Return in 28 Days

As of August 14, 2026, our Ethereum strategy portfolio was valued at $3,388, up 0.35% week over week. Despite the weekly recovery, the portfolio remains down -37.07% year to date and -71.08% below the all-time high reached in September 2025.

Based on our performance tracking, the strategy is slightly underperforming Ethereum itself, which is down approximately -36.46% year to date.

For the past couple of weeks, ETH has been trading sideways in the $1,800–$1,900 range. From a classical technical-analysis perspective, we cannot rule out that the market is in a consolidation phase…

Ep 155 / Targeting 4% in 21 Days With ETH Cash-Secured Puts

As of August 7, 2026, our Ethereum strategy portfolio was valued at $3,377, up 0.6% week over week. Despite the weekly recovery, the portfolio remains down -37.29% year to date and -71.18% below the all-time high reached in September 2025.

Based on our performance tracking, the strategy is slightly underperforming Ethereum itself, which is down approximately -35.89% year to date.

With less than five months remaining in the year, our goal is to bring the portfolio back to 0% YTD performance. From the current level, this would require approximately $1,600 in additional growth.…

Ep 154 / Ethereum Cash-Secured Puts Target 2.94% Return in 14 Days

As of July 31, 2026, our Ethereum strategy portfolio was valued at $3,357, up 1.7% week over week. Despite the weekly recovery, the portfolio remains down -37.66% year to date and -71.35% below the all-time high reached in September 2025.

Based on our performance tracking, the strategy is slightly underperforming Ethereum itself, which is down approximately -35.77% year to date.

Last week, we closed our covered-call position at a profit and switched back to selling cash-secured puts. After the previous puts expired worthless, we opened a new position…

Ep 153 / ETH Covered Call Closed for 26.39% Profit as New Put Trade Opens

As of July 24, 2026, our Ethereum strategy portfolio was valued at $3,330, up 1.59% week over week. Despite the weekly recovery, the portfolio remains down -38.70% year to date and -71.83% below the all-time high reached in September 2025.

Based on our performance tracking, the strategy is slightly underperforming Ethereum itself, which is down approximately -36.36% year to date.

This week, ETH reached and exceeded our $1,875 strike price. Instead of rolling the covered call forward and higher, we decided to close the…

Ep 152 / ETH Covered Call Rolled Forward: 26.39% Potential Return in 49 Days

As of July 17, 2026, our Ethereum strategy portfolio was valued at $3,249, up 1.38% week over week. Despite the weekly recovery, the portfolio remains down -39.66% year to date and -72.27% below the all-time high reached in September 2025.

Based on our performance tracking, the strategy is slightly underperforming Ethereum itself, which is down approximately -38.22% year to date.

On July 14, just a few days before expiry, we decided to roll our 1.3 ETH covered call position forward. For a brief moment, ETH traded above $1,900, which was encouraging…

Ep 151 / Rolling ETH Covered Calls for a 25.35% Potential Return in 42 Days

As of July 10, 2026, our Ethereum strategy portfolio was valued at $3,205, up 5.4% week over week. Despite the weekly recovery, the portfolio remains down -40.48% year to date and -72.65% below the all-time high reached in September 2025.

Based on our performance tracking, the strategy is slightly underperforming Ethereum itself, which is down approximately 40.30% year to date.

On July 7, just a few days before expiry, we decided to roll our 1.3 ETH covered call position up and forward.

We bought back the $1,850 call for $13.40 and sold the…

Ep 150 / Rolling ETH Covered Calls Toward a 19.02% Return in 35 Days

As of July 3, 2026, our Ethereum strategy portfolio was valued at $3,941, up 3.15% week over week. However, the portfolio remains down 43.52% year-to-date and is still significantly below its all-time high, down 74.05% from the record level reached in September 2025.

Our strategy is slightly underperforming Ethereum itself, which is down 42.86% year-to-date.

During the week, we rolled our 1.3 ETH position forward and down. One of our weekly options premium goals is to keep the delta below -0.15, and for this week we chose the $1,800 strike.

…

Ep 149 / Rolling Ethereum Covered Calls for a Potential 20.69% Return in 28 Days

As of June 26, 2026, our Ethereum strategy portfolio was valued at $2,948, down 45.25% year-to-date. The recent crypto selloff has been massive - painful, but not exactly unusual for this market.

Compared with Ethereum itself, the portfolio has performed almost identically, with ETH down approximately 48.54% over the same period. In other words, the portfolio has largely tracked its core underlying asset, while still generating option premium along the way.

If there is one lesson to take from this market, it is this: stay away from leverage.

Because we are running spot-…

Ep 148 / 18% Potential Return in 21 Days From Rolling a Single ETH Covered Call

As of June 19, 2026, our Ethereum strategy portfolio was valued at $3,116, down 42.15% year-to-date. While that number is never pleasant to see, periods like this are part of investing in both crypto and options.

Rather than chasing risky trades to recover losses quickly, we continue to focus on a disciplined strategy built around generating option premium, managing risk, and gradually lowering our effective cost basis.

Compared with Ethereum itself, the portfolio has performed almost identically, with ETH down approximately 41.54% over the same period. In other words, the…

Ep 147 / Why We're Abandoning Long/Short Trading for Ethereum Covered Calls

At the beginning of June, we reached a turning point.

Once again, we experienced a scenario that has hurt our portfolio several times over the years. We were holding profitable long positions while simultaneously opening additional short positions using borrowed funds. The idea was to hedge risk and generate returns from both sides of the market.

Instead, the market moved sharply against us.

As Ethereum fell toward $1,500, tail risk increased dramatically. Our long positions lost value, while our short positions also became problematic due to the structure and leverage…

Ep 146 / Ethereum Below $1,700: Bottom Signal or Another Leg Down?

Welcome to another hectic week (#146) in digital assets.

Last week was yet another brutal one for crypto traders, including options sellers. With Ethereum dipping under $1,700 without any obvious fundamental catalyst (except bitcoin selloff), reinforcing a lesson we’ve learned many times before: crypto markets should not always be approached through a traditional valuation lens. Price action is often driven less by fundamentals and more by volatility, leverage, liquidity, and positioning.

What we witnessed last week appears to have been a significant leverage washout, which…

Ep 145 / How We Reduced ETH Put Exposure by 14% During the Latest Selloff

Last week was quite hectic for ETH and Ethereum options sellers. With ETH sliding below $2,000, we simulated several scenarios to adjust this week’s positions and ultimately decided on a more defensive but flexible approach.

That said, welcome to Weekly Update #145 covering the latest developments and positioning adjustments inside the Terramatris ETH options portfolio.

Going into expiry, we were holding 1.7 covered calls with a $2,100 strike price and 2 short puts at the $2,250 strike. We didn’t wait until expiry on Friday morning, but instead managed all positions already on…

Ep 144 / ETH Recovery or Further Pain? Managing Covered Calls, Puts and Assignments

Despite one of the weakest premium-selling weeks (#144) in months, the fund made one of its most important strategic transitions yet: moving toward a margin-free structure while continuing to accumulate long-term ETH and SOL exposure during a deeply unfavorable market environment.

Ethereum short puts moved into the money as ETH briefly fell below $2,130, forcing a series of active position management decisions involving rolls, assignments, perpetual futures, and covered calls. At the same time, the fund secured additional liquidity through an internal 0% interest loan, allowing us to…

Ep 143 / TerraM Token Reaches $2.22 as Fund Focuses on Risk Reduction

On May 15th, 2026, the TerraM token traded at $2.22, up +4.75% week over week. On-chain activity was minimal, with two buys and one sell.

The treasury operations increased current liquidity on the Raydium AMM pool (TerraM:USDC) to 4.61% of total token circulation. While this week’s increase was modest, we remain optimistic about reaching 5% liquidity by the end of the month.

We expect the TerraM token to reach the $2.20–$2.30 range by month-end, supported by ongoing weekly buybacks from the fund and continued liquidity injections. With $2.20 already achieved, a move toward $2.…

Ep 142 / Ethereum Options Strategy Generates $129 Premium as TerraM Expands Liquidity

On May 8th, 2026, the TerraM token traded at $2.12, up +4.95% week over week. On-chain activity was minimal, with two buys and one sell.

The treasury operations increased current liquidity on the Raydium AMM pool (TerraM:USDC) to 4.56% of total token circulation. While this week’s increase was modest, we remain optimistic about reaching 5% liquidity by the end of the month.

We expect the TerraM token to reach the $2.20–$2.30 range by month-end, supported by ongoing weekly buybacks from the fund and continued liquidity injections.

An interesting pattern is forming on the…

Ep 141 / TerraM Token Defends $2—Is the Trading Bot the Next Catalyst?

On May 1st, 2026, the TerraM token traded at $2.02, down -6.48% week over week. On-chain activity was minimal, with two buys and one sell.

The sell-off actually improved liquidity in the pool, and through active treasury operations we managed to keep the TerraM token above $2, which is a strong outcome.

If selling pressure remains limited in the coming weeks, we expect the TerraM token to reach the $2.20–$2.30 range by month-end, supported by ongoing weekly buybacks from the fund and continued liquidity injections.

During the week total TerraM liquidity on the Raydium…

Ep 140 / TerraM Hits $2.16: Liquidity Expands as ETH Options Strategy Deliver

On April 24, 2026, the TerraM token traded at $2.16, up +5.36% week over week. On-chain activity was minimal, with two buys and no sells. The token has moved comfortably above $2 and we expect it staying so, unless some black swan event happens.

During the week total TerraM liquidity on the Raydium pool increased to 3.80% of total supply.

Our broader objective remains to expand liquidity coverage to 10%, with a near-term milestone of reaching 4%. We expect cracking 4% milestone next week and are quite optimistic reaching 5% level by the end of May.

Week…

Ep 139 / TerraM Surges +5% WoW as ETH Rally Lifts Fund Performance

On April 17, 2026, the TerraM token traded at $2.05, up +5.12% week over week. On-chain activity was minimal, with two buys and no sells. The token has moved back above $2 and could end April in the $2.20–$2.30 range. Still, with about two weeks remaining, it’s too early to draw firm conclusions.

During the week total TerraM liquidity on the Raydium pool increased to 3.72% of total supply.

Our broader objective remains to expand liquidity coverage to 10%, with a near-term milestone of reaching 4%.

Until liquidity deepens further, elevated slippage should be expected.

Ep 138 / TerraM Price Jumps 5.4% WoW — Can It Break $2 in April?

On April 10, 2026, the TerraM token traded at $1.95, up +5.4% week over week. On-chain activity was limited during the period, with two buys and no sells. We’re back on a growth trajectory toward the $2 per token target and may finish April in the $2.20–$2.30 range. However, with roughly three weeks still remaining, it’s too early to draw firm conclusions.

During the week total TerraM liquidity on the Raydium pool increased to 3.63% of total supply.

Our broader objective remains to expand liquidity coverage to 10%, with a near-term milestone of reaching 4%.

Until…

Ep 137 / TerraM Eyes $2 as Liquidity Builds and Buybacks Continue

On April 3, 2026, the TerraM token traded at $1.85, down -8.4% week over week. On-chain activity was limited during the period, with two buys and one sell. The sell order pushed the price down but also increased pool liquidity; with a small buyback, we were able to stabilize the token.

During the week total TerraM liquidity on the Raydium pool increased to 3.63% of total supply.

Our broader objective remains to expand liquidity coverage to 10%, with a near-term milestone of reaching 4%. With continued buybacks in place, we expect TerraM to reach the $2–$2.2 range by the end of…

Ep 136 / TerraM Token Breaks $2 Again as Fund Continues Recovery Phase

On March 27, 2026, the TerraM token traded at $2.02, up 5.2% week over week. On-chain activity was limited during the period, with two buys and no sells. We’re genuinely excited to see the token break $2 again, though we expect continued volatility ahead.

During the week, we added additional TerraM liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 3.35% of total supply. As a result, total market capitalization increased by approximately $1,000, reaching $20,240.

Our broader objective remains to expand liquidity coverage to 10%, with a…

Ep 135 / TerraM Token Hits $1.92 (+4.94% WoW): Liquidity Expansion Targets $2 Breakout

On March 20, 2026, the TerraM token traded at $1.92, up 4.94% week over week. On-chain activity was limited during the period, with two buys and no sells. We expect trading activity to pick up once the token price moves above $2 and on-chain liquidity improves. This should particularly drive automated trading, with bots continuously scanning liquidity pools and exploiting arbitrage opportunities.

During the week, we added additional TerraM liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 3.3% of total supply.

Our broader objective…

Ep 134 / Ethereum Options Strategy Generates $112 as Crypto Market Recovers

On March 13, 2026, the TerraM token traded at $1.83, up 3.97% week over week. On-chain activity was limited during the period, with two buys and no sells.

During the week, we added additional TerraM liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 3.29% of total supply.

Our broader objective remains expanding liquidity coverage to 10%, while the next short-term milestone is reaching 4%, which we expect to achieve by the end of the month, with continued buybacks in operation we also expect token price to stabilize around $2 by that time…

Ep 133 / TerraM Liquidity Expands After Selloff — Can the Token Return to $2?

On March 6, 2026, the TerraM token traded at $1.76, down 10.65% week over week. On-chain activity was limited during the period, with two buys and one sell.

The sell order was large enough to push the price down significantly. The positive side is that it increased overall liquidity. With a few additional buybacks, the price could recover on a stronger liquidity base. That’s positive.

During the week, we added additional TerraM liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 3.25% of total supply.

Because of the selloff in the…

Ep 132 / TerraM token at $1.97, Liquidity Expands, Market Cap Nears $20K

On February 27, 2026, the TerraM token traded at $1.97, up 4.23% week over week. On-chain activity was limited during the period, with two buys and no sells. For a nano crypto fund like ours, every on-chain transaction is an event worth noting.

During the week, we added additional TerraM liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 2.98% of total supply. As a result, total market capitalization, if fully distributed, increased by approximately $800, reaching $19,700 week over week. $20K feels within reach. Let’s aim to break above that…

Ep 131 / TerraM Liquidity Nears 3% Milestone as ETH Options Generate $99 Premium

On February 20, 2026, the TerraM token traded at $1.89, up 3.84% week over week. On-chain activity was limited during the period, with two buys and no sells, which is a positive signal.

During the week, we added additional TerraM liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 2.95% of total supply. As a result, total market capitalization increased by approximately $700, reaching $18,900 week over week.

Our broader objective remains expanding liquidity coverage to 10%, with the next milestone set at 3%. We expected to reach this minor…

Ep 130 / TerraM Token Rises 2.8% as ETH Strategy Gains 9%

On February 13, 2026, the TerraM token traded at $1.82, up 2.82% week over week. On-chain activity was limited during the period, with two buys and no sells, which is a positive signal.

During the week, we added additional TerraM liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 2.90% of total supply. As a result, total market capitalization increased by approximately $500, reaching $18,200 week over week.

Our broader objective remains expanding liquidity coverage to 10%, with the next milestone set at 3%. We expect to cross this…

Ep 129 / Capitulation, Reset, and a Return to Spot-First Discipline

This week marked one of the most difficult moments in Terramatris’ history. The crypto market experienced a sharp and disorderly sell-off, and our portfolio entered what can only be described as a leverage-driven death spiral. At the peak of exposure, we were effectively controlling roughly 6 ETH with an average entry price above $3,500. Most of this exposure was expressed through perpetual futures and short put options, both of which moved deeply underwater as ETH collapsed. When Ethereum dipped below $2,000, the math stopped working.

At that point, we made a hard but necessary…

Ep 128 / TerraM Token Rises to $2.83 (+2.9%) Despite Massive Crypto Selloff

On January 30, 2026, the TerraM token traded at $2.83, up 2.9% week over week. Trading activity increased following the launch of a 1 TerraM token weekly reward for liquidity staking. Automated trading bots quickly identified the incentive and began purchasing and staking TerraM tokens.

For most of the week, TerraM traded tightly around $2.90, before slipping to $2.83 on Friday morning amid short-term profit-taking by trading bots.

This bot trading development is positive. We estimate that 70–90% of DeFi activity is bot-driven, and as long as these bots are deploying real…

Ep 127 / TerraM Token Growth to $2.75 Despite Fund Drawdowns

On January 23, 2026, the TerraM token traded at $2.75 (+2.23%). Trading activity remained modest, with transactions skewed mostly toward buys. During the week, we increased liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 1.48% of total supply bringing our total market cap to $27,500 (+$600).

Our larger objective is to expand the liquidity pool to 10%, but the next key milestone is getting past 2%. We anticipate achieving this within 4–5 weeks. Until liquidity improves, slippage will continue to be significant.

…

Ep 126 / TerraM Token and Multi-Asset Fund Update: Liquidity, Buyback Plans, and 9.45% Weekly Gain

On January 16, 2026, the TerraM token traded at $2.69. Trading activity remained modest, with transactions skewed mostly toward buys. During the week, we also added liquidity to the Raydium pool, increasing the share of fully USDC-backed TerraM tokens to 1.35% of total supply bringing our total market cap to $26,900.

Slippage remains elevated due to shallow liquidity. This is not ignored—we are actively working on liquidity depth, pool balance, and execution efficiency as part of the broader TerraM token mechanics.

Our CEO announced his intention to initiate a 52-week TerraM…

Ep 125 / TerraM Fund Update: +4.73% Weekly Gain, but Drawdown Still −51% From ATH

As of January 9, 2026, the TerraM Multi-Asset Crypto Options Fund is up +4.73% week-over-week, marking the second consecutive week of gains in 2026. Broader crypto market conditions remain constructive, though this outlook remains subject to invalidation.

TerraM Multi-Assets Fund drawdown from all time high back in September 2025 is –51.47%. While YTD fund is up 6.14%, outperforming Bitcoin (+3.81%) and ETH (+4.55%).

Bitcoin has finally broken above its 50-day moving average, trading at $90,600 as of writing this article. While a short-term pullback has…

Ep 124 / TerraM Multi-Asset Crypto Options Fund: +7.57% Weekly Gain to Start 2026

Greetings in 2026. The Terramatris team has traveled to the beautiful Palolem Beach in Goa, India, and with great excitement we are preparing the first weekly review of the new year. We wish everyone a strong and successful start to 2026.

As of January 2, 2026, the TerraM Multi-Asset Crypto Options Fund is up +7.57% week-over-week, encouraging start of the new year. While the crypto market remains in a consolidation phase, still trying to decide its next move, last week was relatively calm, with most gains coming from expiring options positions.

TerraM Multi-Assets Fund…

Ep 123 / How TerraM Generated 5.4% Weekly Returns Using In-the-Money Covered Calls

As of December 26, 2025, the TerraM Multi-Asset Crypto Options Fund is up +13.77% week-over-week, encouraging result after previous weeks sharp drop. With only a few days left in 2025, crypto appears to be searching for a footing as it heads into 2026.

TerraM Multi-Assets Fund drawdown from all time high back in September is –56%. While Year-to-date, our Fund is down –11.12%, underperforming Bitcoin (–4.57%) and ETH (–10.59%).

This week, the TerraM Multi-Asset Fund generated $276 in options premiums, what is impressive 5.4% weekly return on capital. The increase…

Ep 122 / TerraM Multi-Asset Crypto Options Fund Down 24.86% WoW as ETH Weakness Persists

As of December 19, 2025, the TerraM Multi-Asset Crypto Options Fund is down (again) -24.86% week-over-week, discouraging result after brief relief for the past few weeks. Apparently the worst is not over. Unless momentum shifts, ETH likely revisits sub-$2,500 levels before any real recovery.

Overall drawdown is –62%. Year-to-date, the Fund is down –21.87%, underperforming Bitcoin (–6.97%) and ETH (–12.47%). This confirms our returns are still highly directional and closely correlated with the broader market—largely riding the wave, while aiming to add incremental income through our…

Ep 121 / Crypto Options Fund Up 3.94% $170 Premiums This Week

As of December 12, 2025, the TerraM Multi-Asset Crypto Options Fund is up +3.94% week-over-week, encouraging result after the steep drawdown just a few weeks ago.

Our overall drawdown stands at –49%, while YTD Fund value is up +3,98%, slightly outperforming Bitcoin (–1.29%) and ETH (–2.65%). This highlights that our returns remain highly directional and strongly correlated with the broader market - largely “riding the wave” while seeking to extract incremental income through our yield/option overlays.

This week, the TerraM Multi-Asset Fund generated $170 in…

Ep 120 / Rolling Up, Collecting Credit: TerraM Earns $231 Options Premium as Fund Jumps +9.87%

As of December 5, 2025, the TerraM Multi-Asset Crypto Options Fund is up +9.87% week-over-week, giving as a hope that the worst is behind us, and we should focus on growth.

Our overall drawdown has now improved to –51%, a meaningful recovery, though still well below the fund’s mid-September all-time high. Year-to-date, we are up +0.04%, slightly outperforming Bitcoin (–1.63%) and modestly outperforming ETH (–5.32%). This highlights that our returns remain highly directional and strongly correlated with the broader market—largely “riding the wave” while seeking to extract incremental…

Ep 119 / +48.85% Rebound, Drawdown Recovery, and Options Income Surge

As of November 28, 2025, the TerraM Multi-Asset Crypto Options Fund is up +48.85% week-over-week, marking our strongest weekly gain to date. However, this surge is largely a retracement following last week’s –40% drawdown, rather than new growth.

Our overall drawdown has now improved to –55.87% - a meaningful recovery, though still far from the fund’s all-time high reached in mid-September. This past week offered welcome relief, and we hope the positive momentum continues, but we remain cautious and do not rule out the possibility of another sharp decline.

It has now been more…

Ep 118 / TerraM Fund Reports Record –40% Weekly Loss as Drawdown Reaches –70%

As of November 21, 2025, the TerraM Multi-Asset Crypto Options Fund is down –40.00% week-over-week, marking our worst weekly result to date. The overall drawdown has deepened to –70.35%, placing the fund firmly in distressed territory. The crypto bear market has hit us hard, and leverage remains the primary problem. Core positions are still intact, but another week of similar magnitude could put us at serious risk without additional external capital.

Last week’s outlook turned out correct: BTC slipped toward the previously noted $84,000 level. While we’re not issuing price…

Ep 117 / Bitcoin Death Cross Worries Grow as TerraM Fund Drops Further

As of November 14, 2025, the value of the TerraM Multi-Asset Crypto Options Fund has declined by another -11.97%. Our drawdown has reached a new low of –50.58% in just a few weeks- a striking reminder of how quickly conditions can deteriorate. Even though most indicators are washed out and a recovery could be near, we remain cautious and do not rule out further downside. We still hope to be wrong.

There is one major event worrying us: a death cross on the Bitcoin chart. In fact, it’s not just potential it’s looking increasingly inevitable.

A death cross occurs when the 50-day…

Ep 116 / Volatile Week in Crypto: TerraM Fund Drops 31%, Solana Fund Down 8%

As of November 7, 2025, the value of the TerraM Multi-Asset Crypto Options Fund has declined by -31.12%. While this may appear to be our worst week-over-week result, it is not unprecedented — on March 13, 2025, the fund experienced an even steeper drop of -34%.

Let’s hope it stays that way, as there’s no reason to challenge that record. The current decline stems from a broad weakening in the crypto market and the fact that several positions remain leveraged.

We’ve been actively reducing leverage over the past few weeks, and despite the market stress, the fundamentals remain…

Ep 115 / TerraM Multi-Asset Crypto Options Fund Gains +2.42% While Solana Covered Call Slips –1.52%

As of October 31, 2025, the TerraM Multi-Asset Crypto Options Fund achieved another week-over-week gain of +2.42%.

Meanwhile, the Solana Covered Call Growth Fund maintained its consistent performance, generating steady options income that was fully reinvested into SOL to strengthen the fund’s core long position. The NAV per unit closed at $0.88, reflecting a modest -1.52% weekly decline.

Activity around the TERRAM token increased notably this week, with the price stabilizing at $3.13 by week’s end. Trading bots have begun interacting with the token — a positive sign, as these…

Ep 114 / TerraM Fund Rebounds; SOL Fund Surpasses 1% Weekly Income

As of October 24, 2025, the TerraM Multi Asset Crypto Options Fund reported a net asset value of $9,325, showing decent recovery of +7.67% from the previous week.

The past few weeks have been characterized by significant volatility, with the market showing no clear directional bias. As option sellers, we remain aware of the possibility of a substantial correction before any sustained recovery occurs. Current conditions remain choppy, though we certainly hope this cautious outlook proves unnecessary.

The Solana Covered Call Growth Fund continued its steady performance,…

Ep 113 / TerraM Crypto Fund Suffers -22% Weekly Drop, NAV Falls to $8,661

As of October 17, 2025, the TerraM Crypto Fund reported a net asset value of $8,661, representing another massive -22.08% decline from the previous week. This seems to be our biggest drawdown so far in 2025 — let’s hope it stays that way.

Wow, what a week — from the dramatic drop following last Friday’s announcement of a 100% tariff on China, to quickly recover by Monday, and then yet another decline even more harsh than last week.

As mentioned earlier, the crypto market has entered a rather choppy phase, and we are not excluding the possibility of further drawdowns. We believe…

Ep 112 / Crypto Market Turns Choppy: TerraM Fund Maintains Discipline, Records 1.87% Weekly Gain on Options Premiums

As of October 10, 2025, the TerraM crypto fund value stood at $11,115 what is a slight decrease of -0.42% if compared to the last week.

When analyzing the overall crypto market, it appears we are entering a choppy phase — characterized by sharp drops, quick recoveries, and even sharper subsequent declines. History shows we’ve been here before. Looking at current trading charts, the probability of large downside moves ahead cannot be excluded.

In such an environment, traders should focus less on chasing short-term swings and more on risk management and protection strategies.…

Ep 111 / TerraM Fund’s Strong Recovery Marks 15.66% Weekly Gain and 96.53% YTD Growth

As of October 3, 2025, the TerraM crypto fund value stood at $11,162 what is an increase of 15.66% or +$1,511 in dollar terms when compared to the last week. That comes as a strong relief recovery after a sharp decline last week.

We’re still puzzled about what exactly happened last week, aside from it being quarter-end. We’re now using this comeback to strengthen our positions, reduce leverage, and ensure that when the next market selloff arrives, we’ll be better prepared.

From the previous all time high we are still -4.75% away, while YTD funds value has been at 96.53%.

Ep 110 / TerraM Fund Sees Worst Week of 2025, Yet Holds +69.92% YTD Gain

As of September 26, 2025, the TerraM crypto fund value stood at $9,651 what is a decrease of -17.64% or -$2,067 in dollar terms when compared to the last week.

That was definitely one of the worst-performing weeks of the year, rivaling late March/early April when our fund dropped by a similar percentage. Back then, however, the pain felt more. Lessons learned.

Because we use only a very small amount of leverage, we are indeed affected by market moves—but we move together with the broader market.

Certainly such massive move stings for small-sized funds like ours, but it…

Ep 109 / TerraM Fund Weekly Report – Value at $11,719, +2.25% Weekly, +106% YTD

As of September 19, 2025, the TerraM crypto fund value stood at $11,719 what is an increase of +2.25% or +$257 in dollar terms when compared to the last week. Absolutely brilliant!

Last few weeks have been quite rewarding in crypto markets, with some type of consolidation forming.

As put sellers, we remain cautious, while maintaining an opportunistic outlook.

YTD our main TerraM fund is +106.33%. If the yearly pattern holds, we may be at the beginning of a run heading into Q4 2025. That said, we remain grounded and cautious.

We sell weekly options…

Ep 108 / Fund Surges +7.69% This Week, Doubling Value in Under 9 Months

As of September 12, 2025, the Terramatris crypto hedge fund value stood at $11,461 what is an increase of +7.69% or +$818 in dollar terms when compared to the last week. Absolutely brilliant!

The week turned out better than expected, with bold moves - particularly in Solana. Most cryptocurrencies are trending higher, and to our surprise, the small position we began building in Plume just a few weeks ago is already up 40%.

As put sellers, we remain cautious, while maintaining an opportunistic outlook.

YTD our crypto hedge fund is +101.79%. Absolutely remarkable - we’ve…

Ep 107 / Fund Grows 1.86% | New Solana Covered Call Fund & JUP Staking

As of September 5, 2025, the Terramatris crypto hedge fund value stood at $10,643 what is an increase of +1.86% or +$194 in dollar terms when compared to the last week. Also we have set another all time high. Awesome!

The past week started with some active moves — we even adjusted one ETH position by rolling it down and forward. However, as the days progressed, market activity slowed, and the week ended relatively calm, with little movement in crypto markets.

At this point, we might be entering a consolidation phase, setting the stage for a binary outcome — either the start of…

Ep 106 / Ethereum Nears $5K as Terramatris Fund Surges +83.97% YTD

As of August 29, 2025, the Terramatris crypto hedge fund value stood at $10,448 what is an increase of +3.02% or +$306 in dollar terms when compared to the last week. Also we have set another all time high. Awesome!

Just like the previous week, this one was also marked by significant volatility. Ethereum (our bread and butter) surged to nearly $5,000 — a new all-time high — before pulling back to $4,360at the time of writing. We believe that if ETH breaks above $5,000, another major rally could follow — perhaps toward $7,000? That’s just speculation, of course. Nevertheless, as put…

Ep 105 / ETH Volatility, Options Income of $170, and New Plume Position

As of August 22, 2025, the Terramatris crypto hedge fund value stood at $10,142 what is a decrease of -1.37% or -$140 in dollar terms when compared to the last week.

The past week has been quite turbulent, with Ethereum fluctuating between 4,600 and 4,000. At one point, we even considered hedging by shorting part of our position with perpetual contracts, but ultimately decided against it. The week ended on a positive note, as all of our weekly options expired worthless. The decline in portfolio value mainly came from the depreciation of our long-term holdings.

Despite negative…

Ep 104 / Wyoming LLC Launch, Ethereum Rally & $137 Weekly Income

As of August 15, 2025, the Terramatris crypto hedge fund value stood at $10,283 what is a decrease of -0.11% or -$10 in dollar terms when compared to the last week. As we had some small business expenses last week (Registered agent service fee – Wyoming LLC incorporation), for which we used part of our fund’s capital, we still consider it another stellar week.

We are still just a few dollars shy of our all-time high recorded earlier this summer—an encouraging sign of the fund’s resilience and upward momentum.

YTD our crypto hedge fund is +81.06%.

Ep 103 / Crypto Hedge Fund Update: $10,294 Value, SOL Strategy Shift, and TerraM Airdrop

Greetings from Thessaloniki, Greece

This week, the Terramatris team has traveled to beautiful Thessaloniki to celebrate a special occasion—our CEO’s 40th birthday!

With fresh sea breezes, delicious local cuisine, and surprisingly excellent bulk wine, this coastal city has proven to be a true hidden gem in the heart of Europe. Thessaloniki offers a perfect balance between modern energy and historic charm, and it’s been the ideal backdrop for both celebration and exploration.

As we've immersed ourselves in the culture, we've also taken note of the local financial landscape…

Ep 102 / Options Premiums Hit $125 This Week – 1.29% Weekly Return for Crypto Fund

As of August 1, 2025, the Terramatris crypto hedge fund value has dropped to $9,673 what is a decrease of -4.59% or -$465 in dollar terms when compared to the last week. Considering we returned more than $500 in loan capital last week, the performance remains encouraging.

YTD our crypto hedge fund is +70.31%.

As long as SOL stays above 168 by next Friday's expiry we will be break even on…

Ep 101 / Crypto Fund Hits Record Options Premium Week with $418 Earned

As of July 25, 2025, the Terramatris crypto hedge fund value was $10,138 what is a slight decrease of -1.61% or -$166 in dollar terms when compared to the last week. A healthy pullback after few strong weeks. YTD our crypto hedge fund is +78.50%. Awesome!

We sell weekly options every Friday, which is why this update is published at the end of the week.

This week, in total, we earned $418…

Ep 86 / Crypto Hedge Fund Falls to $4,187.39 After another - 19.52% Weekly Drop

As of April 11, 2025, the fund’s value has declined to $4,187.39, marking a -19.52% drop week-over-week, equivalent to a -$1,015 decrease in dollar terms. This marks the second consecutive week of losses, further highlighting the ongoing instability in the broader market.

We now stand -44.03% below our all-time high of $7,811, recorded on March 6, 2025, a sobering reminder of the persistent volatility that continues to shape the current macroeconomic landscape. YTD crypto hedge fund has dropped to -26.28%

This week’s downturn was largely driven by escalating geopolitical…

Ep 53 / Fund Value Reaches $3,633.98 After 6.62% Weekly Growth

On August 22, 2024, the Terramatris fund reached a total value of $3,633.98, representing weekly growth of 6.62%.

The portfolio increased by $225.68 during the reporting period, extending the fund’s recent positive momentum.

Fund value: $3,633.98
Weekly increase: $225.68
Weekly growth: 6.62%
TerraM token price: $1.61

The fund continued to follow its options-based strategy, focused on generating income while gradually increasing the value of the underlying portfolio.

The latest result marked another solid week and pushed the fund to a new high…

Ep 52 / Fund Value Reaches $3,408.30 After 6.65% Weekly Growth

On August 15, 2024, the Terramatris fund reached a total value of $3,408.30, representing weekly growth of 6.65%.

The fund increased by $212.66 during the reporting period, marking another positive week for the portfolio.

Fund value: $3,408.30
Weekly increase: $212.66
Weekly growth: 6.65%
TerraM token price: $1.37

The fund continued to follow its options-based strategy, focused on generating regular income while gradually increasing the value of the underlying portfolio.

Weekly returns can vary significantly depending on market conditions, but…

Ep 51 / Portfolio Falls 6.32% Despite $43.77 in Options Premium

As of August 8, 2024, the Terramatris crypto portfolio was valued at $3,195.64, down $215.60, or 6.32%, during the latest reporting period.

Despite the decline in portfolio value, our options strategies generated $43.77 in premium, providing additional income during a difficult week for the cryptocurrency market.

Meanwhile, the TerraM token was valued at $1.48.

…

Ep 50 / TerraM Fund Reaches $3,411.24 After Another Profitable Week

As of August 1, 2024, the TerraM fund reached a value of $3,411.24, recording weekly growth of 0.65%.

During the week, the fund generated $22.19 in options income, providing another modest contribution to the portfolio’s long-term growth.

Although the weekly increase was relatively small, the result marked another profitable period for the strategy. Consistent options income remained an important part of the fund’s approach, helping offset market fluctuations and gradually increase the portfolio’s…

Ep 42 / Fund Value Reaches $2,749.22 After 6.62% Weekly Growth

On June 6, 2024, the Terramatris fund reached a total value of $2,749.22, representing weekly growth of 6.62%.

The portfolio increased by $170.68 during the reporting period, marking a stronger week after the more modest gain recorded at the end of May.

Fund value: $2,749.22
Weekly increase: $170.68
Weekly growth: 6.62%
TerraM token price: $1.23

The fund continued to follow its options-based strategy, focused on generating income while gradually increasing the value of the underlying portfolio.

The latest result pushed the fund to another new…

Ep 41 / Fund Value Reaches $2,578.54 After 1.81% Weekly Growth

On May 30, 2024, the Terramatris fund reached a total value of $2,578.54, representing weekly growth of 1.81%.

The portfolio increased by $45.93 during the reporting period, extending its positive run while remaining above the recently reached $2,500 milestone.

Fund value: $2,578.54
Weekly increase: $45.93
Weekly growth: 1.81%
TerraM token price: $1.13

The fund continued to follow its options-based strategy, focused on generating income while gradually increasing the value of the underlying portfolio.

Compared with the strong 9.93% gain…

Ep 40 / Fund Value Reaches $2,532.61 After 9.93% Weekly Growth

On May 23, 2024, the Terramatris fund reached a total value of $2,532.61, representing weekly growth of 9.93%.

The portfolio increased by $228.81 during the reporting period, extending the positive momentum from recent weeks and pushing the fund above the $2,500 level for the first time.

Fund value: $2,532.61
Weekly increase: $228.81
Weekly growth: 9.93%
TerraM token price: $1.23

The fund continued to follow its options-based strategy, focused on generating income while gradually increasing the value of the underlying portfolio.

The latest…

Ep 39 / Fund Value Reaches $2,303.80 After 5.49% Weekly Growth

On May 16, 2024, the Terramatris fund reached a total value of $2,303.80, representing weekly growth of 5.49%.

The portfolio increased by $119.89 during the reporting period, extending the positive momentum from the previous week and pushing the fund above the $2,300 level for the first time.

Fund value: $2,303.80
Weekly increase: $119.89
Weekly growth: 5.49%
TerraM token price: $1.23

The fund continued to follow its options-based strategy, focused on generating income while gradually increasing the value of the underlying portfolio.

Growth…

Ep 38 / Fund Value Reaches $2,183.91 After 7.63% Weekly Growth

On May 9, 2024, the Terramatris fund reached a total value of $2,183.91, representing weekly growth of 7.63%.

The portfolio increased by $154.73 during the reporting period, recovering from the small decline recorded the previous week and reaching a new high.

Fund value: $2,183.91
Weekly increase: $154.73
Weekly growth: 7.63%
TerraM token price: $1.23

The fund continued to follow its options-based strategy, focused on generating income while gradually increasing the value of the underlying portfolio.

After a relatively quiet previous week,…

Ep 37 / Fund Value Slips to $2,029.18 After 1.04% Weekly Decline

On May 2, 2024, the Terramatris fund closed the week at $2,029.18, representing a modest weekly decline of 1.04%.

The portfolio decreased by $21.23 during the reporting period, giving back a small portion of the previous week’s recovery while remaining above the $2,000 level.

Fund value: $2,029.18
Weekly change: -$21.23
Weekly growth: -1.04%
TerraM token price: $1.23

After the strong rebound recorded the previous week, performance was relatively flat. The small decline reflected a quieter week for the portfolio rather than a major change in the fund…

Ep 36 / Fund Value Rebounds to $2,050.41 After 9.37% Weekly Growth

On April 25, 2024, the Terramatris fund recovered to a total value of $2,050.41, representing weekly growth of 9.37%.

The portfolio increased by $175.68 during the reporting period, recovering most of the previous week’s decline and pushing the fund back above the $2,000 level.

Fund value: $2,050.41
Weekly increase: $175.68
Weekly growth: 9.37%
TerraM token price: $1.23

The fund continued to follow its options-based strategy, focused on generating income while managing exposure to movements in the underlying portfolio.

After the sharp pullback…

Ep 35 / Fund Value Falls to $1,874.73 After 9.87% Weekly Decline

On April 18, 2024, the Terramatris fund declined to a total value of $1,874.73, representing a weekly loss of 9.87%.

The portfolio decreased by $205.23 during the reporting period, reversing the gains from the previous week and bringing the fund back below the $2,000 level.

Fund value: $1,874.73
Weekly change: -$205.23
Weekly growth: -9.87%
TerraM token price: $0.86

The week highlighted the volatility that can come with an options-based strategy. While premium income can provide a steady source of returns, movements in the underlying portfolio can…

Ep 34 / Fund Value Reaches $2,079.96 After 4.22% Weekly Growth

On April 11, 2024, the Terramatris fund reached a total value of $2,079.96, representing weekly growth of 4.22%.

The fund increased by $84.29 during the reporting period, pushing the portfolio above the $2,000 milestone for the first time.

Fund value: $2,079.96
Weekly increase: $84.29
Weekly growth: 4.22%
TerraM token price: $0.86

The fund continued to follow its options-based strategy, focused on generating regular income while gradually increasing the value of the underlying portfolio.

Although weekly growth slowed compared with the previous…

Ep 33 / Fund Value Reaches $1,995.67 After 10.36% Weekly Growth

On April 4, 2024, the Terramatris fund reached a total value of $1,995.67, representing weekly growth of 10.36%.

The fund increased by $187.31 during the reporting period, marking a stronger week following the more moderate growth recorded at the end of March.

Fund value: $1,995.67
Weekly increase: $187.31
Weekly growth: 10.36%
TerraM token price: $0.86

The fund continued to follow its options-based strategy, focused on generating regular income while gradually increasing the value of the underlying portfolio.

After two consecutive weeks of…

Ep 32 / Fund Value Reaches $1,808.36 After 4.98% Weekly Growth

On March 28, 2024, the Terramatris fund reached a total value of $1,808.36, representing weekly growth of 4.98%.

The fund increased by $85.82 during the reporting period, marking another positive week for the portfolio.

Fund value: $1,808.36
Weekly increase: $85.82
Weekly growth: 4.98%
TerraM token price: $0.86

The fund continued to follow its options-based strategy, focused on generating regular income while gradually increasing the value of the underlying portfolio.

Growth was relatively modest compared with some of the stronger weeks…

Ep 31 / Fund Value Reaches $1,722.54 After 5.09% Weekly Growth

On March 21, 2024, the Terramatris fund reached a total value of $1,722.54, representing weekly growth of 5.09%.

The fund increased by $83.47 during the reporting period, continuing its positive trajectory after several strong weeks of growth.

Fund value: $1,722.54
Weekly increase: $83.47
Weekly growth: 5.09%
TerraM token price: $0.86

The fund continued to follow its options-based strategy, focused on generating regular income while gradually increasing the value of the underlying portfolio.

Compared with the previous few weeks, growth was…

Ep 30 / Fund Value Reaches $1,639.07 After 16.50% Weekly Growth

On March 14, 2024, the Terramatris fund reached a total value of $1,639.07, representing weekly growth of 16.50%.

The fund increased by $232.12 during the reporting period, while approximately $55.33 in options income was generated from the fund’s options trading activity.

Fund value: $1,639.07
Weekly increase: $232.12
Options income: $55.33
Weekly growth: 16.50%
TerraM token price: $0.86

The fund continued to benefit from its options-based strategy, combining regular premium generation with growth in the value of the underlying portfolio.

…

Ep 29 / Fund Value Reaches $1,406.95 After 15.78% Weekly Growth

On March 7, 2024, the Terramatris fund reached a total value of $1,406.95, representing weekly growth of 15.78%.

The fund increased by $191.71 during the reporting period, while $41.77 in options income was generated from the fund’s options trading activity.

Fund value: $1,406.95
Weekly increase: $191.71
Options income: $41.77
Weekly growth: 15.78%
TerraM token price: $0.86

The fund continued to benefit from its options-based strategy, combining regular premium generation with growth in the value of the underlying portfolio.

While weekly…

Ep 28 / Fund Value Reaches $1,215.24 After 20.85% Weekly Growth

On February 29, 2024, the Terramatris fund reached a total value of $1,215.24, representing weekly growth of 20.85%.

The increase was supported by another profitable week of options trading, with $59.69 in options income generated during the reporting period.

Fund value: $1,215.24
Options income: $59.69
Weekly growth: 20.85%
TerraM token price: $0.86

The fund continued to benefit from its options-based strategy, which focuses on generating regular premium while gradually increasing the underlying portfolio value.

While weekly performance can…

Ep 27 / Fund Value Reaches $1,005.55 After 7.07% Weekly Growth

On February 22, 2024, the Terramatris fund reached a total value of $1,005.55, representing weekly growth of 7.07%.

The increase was supported by another profitable week of options trading, with $66.40 in options income generated during the reporting period.

Fund value: $1,005.55
Options income: $66.40
Weekly growth: 7.07%
TerraM token price: $0.86

The fund continued to benefit from its options-based strategy, which focuses on generating regular premium while gradually increasing the underlying portfolio value.

While weekly performance can…

Ep 26 / Fund Value Reaches $939.15 After 19.39% Weekly Growth

On February 15, 2024, the Terramatris fund reached a total value of $939.15, representing weekly growth of 19.39%.

The increase was supported by another profitable week of options trading, with $52.53 in options income generated during the reporting period.

Fund value: $939.15
Options income: $52.53
Weekly growth: 19.39%
TerraM token price: $0.86

The fund continued to benefit from its options-based strategy, which focuses on generating regular premium while gradually increasing the underlying portfolio value.

While weekly performance can vary…

Ep 25 / Crypto Hedge Fund Gains 10.41%

As of February 8, 2024 Terramatris delivered a strong result during the latest reporting period. The fund generated a profit of $74.17, increasing its total value from $712.45 to $786.62.

This represents a return of 10.41% for the period.

The TerraM token price remained unchanged at $0.86. Despite the fund’s positive performance, the token valuation was kept flat for this reporting period.

Ep 24 / Crypto Hedge Fund Reaches $712.45, Up 36.42%

As of February 1, 2024, the Terramatris portfolio was valued at $712.45, representing a total profit of $190.20 since the strategy began.

This brings the fund’s overall return to 36.42%.

The portfolio continues to move in the right direction, supported by active portfolio management and disciplined risk-taking.

Crossing the $700 level marks another important milestone for the strategy. While the portfolio remains relatively small, the focus is on building a repeatable…

Ep 23 / Crypto Fund Reaches $522.25 After a 3.80% Weekly Gain

On January 25, 2024 Terramatris closed the week with a total fund value of $522.25, supported by a weekly gain of $19.14.

This represents a 3.80% increase for the week.

The latest result marks another positive week for the Terramatris strategy. While the percentage gain was more moderate than in some earlier weeks, the fund continued to move higher and preserve its broader growth trend.

As the portfolio becomes larger, smaller percentage gains can still produce meaningful additions to the fund’s…

Ep 22 / Crypto Hedge Fund Value Reaches $503.11

The Terramatris fund continued its steady growth during the week ending January 18, 2024, reaching a total value of $503.11.

During the week, the strategy generated $33.52 in trading gains, representing a 7.14% weekly return. This brought the fund above the $500 milestone for the first time.

The result reflects the continued use of our Ethereum options strategy, focused on collecting option premiums while gradually building the fund’s capital base. Although individual weekly results may vary, the long-term objective remains consistent: disciplined growth through active risk…

Ep 21 / Fund Reaches $469.59 After a 16.67% Weekly Gain

On January 11, 2024 Terramatris closed the week with a total fund value of $469.59, up from $402.50 the previous week.

The fund generated a weekly gain of $67.09, representing a 16.67% increase.

The latest result continues the strong early growth of the Terramatris strategy. Although percentage returns naturally become harder to maintain as the fund grows, this week still delivered a substantial increase in both absolute and percentage terms.

The strategy remains focused on gradually building…

Ep 20 / Fund Opens 2024 With a 5.90% Weekly Gain

The Terramatris fund started 2024 on a positive note, continuing the steady growth recorded throughout the final months of 2023.

For the week ending January 4, 2024, the fund increased from $380.09 to $402.50, producing a weekly gain of $22.41, or 5.90%.

Although the percentage return was lower than some of the stronger weeks recorded during 2023, the result represented another meaningful step forward. The fund crossed the $400 milestone for the…

Ep 19 / Crypto Hedge Fund Grows 12.04% as Weekly Gain Reaches $40.85

The Terramatris crypto fund closed the week ending December 28, 2023, with another strong gain, increasing its total value to $380.09.

During the week, the fund added $40.85, representing a 12.04% weekly return. This continued the positive momentum seen throughout December and brought the strategy closer to the $400 milestone.

The fund’s performance continued to be driven by disciplined Ethereum options trading and the reinvestment of previously generated profits.

…

Ep 18 / Terramatris Fund Reaches $339.24 After a 7.73% Weekly Gain

Terramatris continued its steady expansion during the week ending December 21, 2023, with the fund’s total value rising to $339.24.

The fund generated $24.33 in weekly gains, representing a 7.73% increase compared with the previous reporting period.

The percentage return was lower than during several earlier weeks, but the absolute gain remained meaningful as the fund operated from a larger capital base.

This is an important distinction when evaluating portfolio growth. As the fund…

Ep 17 / Crypto Hedge Fund Reaches $314.91 Following an 8.54% Weekly Gain

On December 14, 2023, the Terramatris fund closed the week with a total value of $314.91.

The portfolio increased by $24.77 during the week, representing growth of 8.54% from the previous reporting period.

The result extended the fund’s positive momentum during the closing weeks of 2023. Although the percentage gain was lower than the 16.17% recorded one week earlier, the portfolio continued to expand at a strong pace.

Part of the weekly increase may have come from options income, while…

Ep 16 / Crypto Fund Reaches $290.14 After a 16.17% Weekly Gain

On December 7, 2023, the Terramatris fund closed the week with a total value of $290.14, representing a weekly gain of $40.39, or 16.17%.

Of the total weekly increase, approximately $13.39 came from options income, while the remaining growth was driven by changes in the value of the fund’s underlying crypto holdings.

The result marked another strong week in the early development of Terramatris. The combination of options premium and gains in the…

Ep 15 / Terramatris Fund Reaches $249.75 After an 11.28% Weekly Gain

As of November 30, 2023, the Terramatris fund reached a value of $249.75, continuing the strong growth recorded during the early months of the strategy.

During the week, the fund generated $25.31 in options income, contributing to an overall weekly increase of 11.28%.

The latest result marked another positive week for the fund, with options premium remaining the primary driver of portfolio growth.

At this stage, the strategy was still operating with relatively…

Ep 14 / Crypto Fund Reaches $224.44 After a 19.49% Weekly Gain

As of November 23, 2023, the TerraMatris fund reached a value of $224.44, marking another strong week of growth for the experimental options-income strategy.

During the week, the fund generated $36.61 in options income, contributing to a weekly portfolio increase of 19.49%.

This was one of the strongest income-generating weeks since the strategy was launched. The $36.61 collected from options represented a significant contribution relative to the total size of the fund.

The portfolio had…

Ep 13 / Crypto Fund Reaches $187.83 After Another Strong Week

As of November 16, 2023, the Terramatris crypto hedge fund reached a total value of $187.83, continuing its strong growth during the early months of the strategy.

During the week, the fund generated $24.61 in options income, helping increase the portfolio value by 15.08% compared with the previous reporting period.

The latest results demonstrate the potential of actively managing cryptocurrency positions through options strategies rather than relying exclusively on increases…

Ep 12 / TerraM Fund Reaches $163.22 After 16.06% Weekly Growth

As of November 9, 2023, the TerraM fund reached a value of $163.22, representing weekly growth of 16.06%.

During the week, the strategy generated $22.58 in options income, providing another meaningful contribution to the fund’s expanding capital base.

The latest result marked another strong week for the portfolio. Options premiums continued to play an important role in the fund’s growth, with income reinvested into future trading opportunities.

The fund…

Ep 11 / TerraM Fund Reaches $140.64 as Options Income Adds $16.62

As of November 2, 2023, the TerraM fund reached a value of $140.64, representing weekly growth of 13.40%.

The portfolio’s continued expansion was supported by another productive week of options trading. During the period, the strategy generated $16.62 in options income, which was added to the fund and reinvested into future trading opportunities.

The latest result demonstrates how recurring options premiums can contribute to portfolio growth over time. Although weekly…

Ep 10 / Fund Value Reaches $124.02 After 20.78% Weekly Growth

On October 26, 2023, the Terramatris fund reached a value of $124.02, delivering another strong week of growth.

During the reporting period, the fund generated $21.34 in options gains, resulting in a weekly increase of 20.78%.

The fund increased from $102.68 to $124.02 during the week, supported primarily by income generated from options trading.

This was one of the strongest weekly results recorded during the early development of the Terramatris strategy. The portfolio…

Ep 9 / Fund Value Passes $100 After 10.58% Weekly Growth

On October 19, 2023, the Terramatris fund reached a value of $102.68, crossing the $100 milestone for the first time.

During the week, the fund generated $9.82 in options income, contributing to weekly growth of 10.58%.

The fund continued to grow through its options-based income strategy, with collected premiums supporting the gradual expansion of the portfolio.

Although the percentage return was lower than in the previous week, the result remained strong and pushed the…

Ep 8 / Fund Value Reaches $92.86 After 15.45% Weekly Growth

On October 12, 2023, the Terramatris fund reached a total value of $92.86, representing weekly growth of 15.45%.

The increase was supported by another profitable week of options trading, with $12.43 in options income generated during the reporting period.

The fund continued to benefit from its options-based strategy, which focuses on generating regular premium while gradually increasing the underlying portfolio value.

While weekly performance can vary significantly, the…

Ep 7 / Terramatris Fund Reaches $80.43 After 25.26% Weekly Gain

On October 5, 2023, the Terramatris fund reached a value of $80.43, marking another strong week of growth during the early development of the strategy.

The portfolio gained 25.26% week over week, supported by both the appreciation of the underlying positions and continued income from options trading.

Options income reached $16.22 during the week, representing a meaningful contribution relative to the size of the portfolio at the time.

The result demonstrated how options…

Ep 6 / Fund Value Reaches $64.21 Following 22.33% Weekly Growth

Portfolio Value: $64.21
Weekly Change: +22.33%
Options Premium Collected: $11.72
TerraM Token Price: $0.86

As of September 28, 2023, the Terramatris portfolio increased to $64.21, delivering a 22.33% weekly return. The growth was primarily driven by disciplined options trading, with $11.72 in options premium collected during the week.

While the portfolio was still in its early stages, the objective remained the same as it is today: systematically accumulate capital through high-probability options strategies while carefully managing downside risk.

Ep 5 / Terramatris Fund Value Reaches $52.49 After a 30% Weekly Gain

On September 21, 2023, the Terramatris crypto hedge fund reached a total value of $52.49.

This represents a weekly increase of $12.12, or 30.02%, compared with the fund value of $40.37 recorded on September 14, 2023.

The entire weekly increase came from options premium collected during the period.

The TerraM token price remained unchanged at $0.86.

Although the percentage growth looks unusually high, the fund was still operating with a very small starting…

Ep 4 / Terramatris Fund Grows 12.48% to $40.37

As of September 14, 2023, the Terramatris fund value reached $40.37.

This represented a weekly increase of $4.48, or approximately 12.48%.

The strong weekly growth continued the fund’s early development following its launch in August 2023. At this stage, most of the portfolio’s growth came from options premium generated through our Ethereum trading strategy.

Although the fund remained very small in absolute terms, the weekly result demonstrated how consistently reinvested options income could gradually increase the portfolio value.