May 2026

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. 

At first glance, making $125 per week from options trading doesn’t sound extraordinary. In fact, at Terramatris, this level of income is relatively achievable with modest capital and a structured approach.

But there’s an important distinction: “Achievable” does not mean “safe.”

In this article, we’ll break down how such returns can be generated, using a real setup we explored in early May 2026 — and more importantly, we’ll explain the trade-offs behind it.

The Target: $125 Weekly Premium

The simplest way to think about this:

In recent months, we have been receiving an increasing number of inbound messages on LinkedIn from institutional counterparties - market makers, liquidity providers, and trading firms. Much of this outreach is clearly systematized, likely supported by AI-driven prospecting tools targeting participants active in crypto derivatives.

While most of these conversations remain exploratory, some provide useful insight into how more sophisticated market participants operate.

We have started building a 1 DTE ETH options trading bot for Bybit, with the flexibility to extend to Deribit and potentially any exchange that offers an options chain and API access.

Bybit is the primary focus, as it’s where most options trading for the Terramatris crypto hedge fund currently takes place.

While working with the TerraM trading bot, I conducted a backtest to quantify the frequency of significant daily drawdowns over the past 365 days (May 4, 2025 – May 3, 2026). Specifically, I analyzed how often the daily price change exceeded -5% or more. The results are notable.

The dataset is based on historical price data sourced from CoinMarketCap, with calculations performed in Google Sheets. Daily performance was measured as the percentage change between the open and close prices.

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.