Greetings from Tbilisi!

February has started with high wind and chill weather in this part of the World, but we are still optimistic and literally can feel - Spring is somewhere around the corner.

For the TerraM token last week was very good, we managed to recover some of the losses from the previous weeks and were able to grow the crypto fund by more than 8%.

Still, we are down by about -18.42% from the all-time high recorded on January 8, 2023

We use the capital raised with the TerraM token to sell options on Ethereum

Our goal is about 25-30% annual growth

There were only 4 options trades (bull puts and bear calls) last week, of which 2 were recovery trades.

We didn’t book a lot of profit this week, as most of the trades are still in the recovery, but still, we were able to book some humble 0.0207 ETH (USD 33.09), from which this week’s profit is 0.0089 ETH (USD 14.40) while the 0.0118 ETH (USD 18.69) is recovery from the previous week loses.

As this week’s profit was rather small, it was agreed to keep it on the deribit platform.

Open options trades

At the time of writing, we are holding 11 options trades open on Ethereum, with the February 24 expiry

Most of the trades are adjusted recovery trades from the previous weeks.

To book a maximum potential of about 0.143 ETH (about USD 236), ETH itself should trade in a range of 1500-1700 on the expiry date (February 24)

Depending on the market direction we will adjust the challenged side accordingly

Swap some TerraM on the Raydium or simply hit the reply button to learn about other investment opportunities.