In mid-September 2024, my better half and I stumbled upon a delightful escape just a short drive from Tbilisi—Kiketi Farm. I must admit, I was pleasantly surprised by what this charming farm had to offer. From a cozy restaurant to engaging activities like horseback riding and arts and crafts for kids, Kiketi Farm proved to be an ideal spot for a family-…
This week has been exceptional for my stock portfolio, and I'm excited to share the progress. The approach I’ve adopted is heavily inspired by the successful TerraMatris Crypto Hedge Fund, which has seen substantial growth through disciplined weekly trades. I’ve taken a similar path with my stock portfolio, focusing on options trades and dividend stocks as…
On September 22, 2024, I joined thousands of runners for the annual Tbilisi Marathon. It was a bright, bit cloudy, lively day in the city, and this year, I ran the 10K race alongside the team from Caucasus Translations. As always, I was proud to represent my hedge fund, TerraMatris, sporting the fund’s T-shirt throughout the run.Although my finish time was…
After holding a long ETH perpetual contract combined with covered calls for about four weeks, I managed to close the position with a modest gain of around $40. While it wasn't a significant profit, this experience confirmed a critical aspect of my trading strategy: holding long futures contracts simply doesn't feel safe. The market's volatility,…
At the start of September 2024, during our annual trip to the Tsinandali Music Festival, trip was organized by our company Caucasus Translations, we had the pleasure of staying at Hotel Serodani near Telavi. This hotel provided the perfect blend of comfort, convenience, and Georgian hospitality, making our festival experience even more memorable.Hotel…
Selling cash-secured put options can be a lucrative strategy for generating income and acquiring stocks at a discount. However, it's not without its drawbacks. Here are 10 reasons why selling cash-secured puts may not always be the best option for every investor.1. Limited Upside PotentialWhen you sell a cash-secured put, your potential profit is limited to…
I usually aim to get my Friday options expiry articles out on time, but this week was a bit different. My Friday was packed, not only in the options market but also in life outside of trading. After managing a series of options rolls, my partner and I decided to take the opportunity to explore a few nice restaurants in Tbilisi. We wrapped up the night at a…
When thinking of potential investment opportunities in Africa, Zimbabwe might not be the first country that comes to mind. However, thanks to its vast natural resources, particularly gold, and discussions about its potential to join the BRICS group, it may be time to explore Zimbabwe as an emerging market worth considering.A long-term acquaintance of mine,…
Lately, I've been diving deep into the strategy of fully cash-secured puts without using margin—a method we've also been employing at TerraMatris Crypto Hedge Fund and our CryptoRentalYield Fund. This strategy provides a conservative yet effective way to generate income and potentially acquire stocks at a discount. Today, I want to share how we're applying…
Georgia, known for its rich culinary traditions, offers a diverse array of vegetarian dishes that are both delicious and satisfying. Despite being famous for its meat-heavy recipes, Georgian cuisine has a surprising variety of plant-based options. If you're a vegetarian traveling to Tbilisi or simply looking to explore new flavors, this curated list of top…
A long-time acquaintance of mine, Rob, recently pointed out an interesting development—Turkey is eyeing membership in BRICS. Rob’s remark got me thinking about a blog article I wrote more than a decade ago, discussing Turkey's aspirations to join the Eurasian Economic Union. Even back then, I had my doubts about how serious Turkey was about joining that…
During a recent day trip around the Kaspi region in Georgia, I had the pleasure of visiting the historic Amilakhvari Castle, thanks to a recommendation from a German friend who joined us for the journey. Nestled in the serene landscape of central Georgia, this castle offers a fascinating glimpse into the country’s rich history, and it turned out to be a…
At the end of August 2024, the total value of our stock portfolio was USD 9,248 (€8,360 ). What is about 5% decrease or USD -478 loss, if compared to the previous month. Fundamental mistake with options trade on INTC stock took us there.Just like previous month, also August we spent some time in Latvia, some time in Georgia. At the start of August we took a…
At the start of August 2024, my family and I embarked on a memorable journey to Omiš, Croatia, to celebrate my 39th birthday. This trip was a perfect blend of relaxation and adventure, all set against the stunning backdrop of the Adriatic coast.Our journey began with a Carpatair flight from Riga to Split, a convenient option that allowed us to reach our…
Sometimes, the most memorable discoveries come when you least expect them. That’s exactly what happened when I stumbled upon the Kavtiskhevi Zoroastrian Temple, a site that left me in awe and filled me with a tinge of regret for not having my drone with me to capture its full grandeur from above.The story of how I found this remarkable site began with a…