The Terramatris Separately Managed Accounts (SMA) is a customizable, actively managed solution designed for investors seeking institutional-grade exposure to crypto options strategies on major digital assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Mantle (MNT), Dogecoin (DOGE), and others.
Each SMA is individually managed yet follows the same disciplined, systematic approach to option premium collection and risk-adjusted yield generation as employed by our TerraM Multi Asset Crypto Options Fund or Solana Covered Calls Growth Fund
By combining direct ownership of the selected underlying assets with structured option overlays, the SMA framework allows clients to capture steady income streams while compounding long-term capital growth.
Investment Structure
- Minimum Account Size: $25,000
- Management Fee: 2% per annum (deducted monthly)
- Performance Fee: 20% on net profits, calculated quarterly above the high-water mark
- Execution Mode: Accounts can be managed directly by Terramatris or integrated via API into clients’ existing infrastructure
- Platform Compatibility: SMAs can be operated seamlessly across leading derivatives venues including Bybit, Deribit, Derive, Gate.io, Binance, and others
Strategy Overview
Growth + Income Overlay:
Each SMA targets capital appreciation in the chosen crypto asset while generating consistent weekly income through systematic covered call and put writing strategies.
Flexible Asset Base:
Investors can choose one or multiple underlying assets (BTC, ETH, SOL, XRP, MNT, DOGE, etc.) to tailor exposure and yield characteristics.
Leverage for Efficiency:
Where applicable, tactical leverage may be employed to optimize capital efficiency within clearly defined risk parameters.
API Integration:
For institutional partners and quant-driven investors, the strategy can be accessed programmatically through API connectivity, enabling automated monitoring and execution.
Weekly Expiries:
Options are primarily written on weekly cycles, allowing for predictable cash flow and frequent portfolio rebalancing.
Transparency & Custody
- Custody: Assets are secured using institutional-grade solutions including multi-signature wallets and cold storage.
- Account Ownership: Clients retain full ownership and transparency of their capital throughout the SMA structure.
Risks
Investment in a Terramatris SMA involves significant risks, including but not limited to:
- Market Risk: Underlying digital assets can experience extreme volatility.
- Leverage Risk: Leveraged exposure amplifies both potential gains and losses.
- Options Risk: Covered call and short put strategies limit upside potential and expose capital to downside movement.
- Liquidity Risk: Rapid price moves or exchange disruptions can affect trade execution.
- Regulatory Risk: Digital asset markets are subject to evolving global regulations.
The SMA offering is intended exclusively for sophisticated investors who understand these risks and seek professional management in the digital asset derivatives space.