August 2023

On August 31, 2023, the second week moved the portfolio from $5.38 to $33.66. That is an increase of $28.28, or 525.7%. The percentage looks wild because the starting balance was $5.38. The dollar amount is the more useful number.

Most of the week came from short-dated Ethereum options premium. I was actively managing the positions behind that premium, not treating it as automatic income. It was compensation for taking risk, and I wanted to keep the decisions measured.

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.