An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.
Latest articles
NVDA Stock Post-Stock Split with Credit Spreads
In June 2024, NVIDIA (NVDA) underwent a 1:10 stock split, making its shares more accessible to a broader range of investors. As a seasoned trader, I've been leveraging credit spreads to navigate the high volatility of NVDA stock. This strategy helps manage potential risks and capitalize on market opportunities, especially amid the current AI boom, which I suspect might deflate or face stiff competition.NVIDIA has been a powerhouse in the AI and…
Investing in Philip Morris: A Tribute to My Grandfather
Investing often carries a deeply personal significance, intertwining our financial aspirations with our cherished memories and family legacies. For me, the decision to invest in Philip Morris (PM) stock is not merely a strategic financial move but also a heartfelt tribute to my grandfather. According to family lore, he owned shares in Philip Morris or another tobacco company before World War II. To honor his memory, I've embarked on a journey to…
How to Sell a Bull Put Credit Spread on GLD ETF
The bull put credit spread is a popular options trading strategy that allows traders to profit from neutral to bullish price movements. This strategy involves selling a put option while simultaneously buying a put option at a lower strike price. The GLD ETF, which tracks the price of gold, is a common asset for this strategy due to its liquidity and predictable movements. Here’s a step-by-step guide on how to sell a bull put credit spread on GLD…
Week 46: Strategic Investments in Put Options and Reinvestments in SOL and BTC
As we dive into Week 46, the TerraMatris crypto hedge fund is focusing on targeting a minimum of $15 daily from put options, while strategically reinvesting in Solana (SOL) and Bitcoin (BTC). This approach aims to leverage market volatility to secure consistent returns and build a robust investment portfolio.Bitcoin Market OverviewThe week has commenced with an adjustment phase, particularly involving our put options strategy. Bitcoin's value…
Spot Gold (Tokenized) vs. Buying Gold Jewelry
Today, I spent a delightful afternoon with my 5-year-old daughter at a shopping mall in Tbilisi. Our mission was to find the perfect gold necklace, bracelet, or earrings as birthday gift to my partner. After browsing through various options, we ended up purchasing a beautiful gold ring. As a seasoned investor in tokenized gold (PAXG), I found it interesting to compare the prices of real gold versus gold in jewelry.When it comes to gold jewelry,…
Put Selling vs. Buying Stock Instantly: My Journey with WBA
Walgreens Boots Alliance (WBA) was once a must-have stock for dividend investors, particularly those focused on dividend aristocrats—companies with a long history of increasing dividends annually. However, ever since WBA was removed from the Dow Jones 30 list, the stock has been on a persistent downtrend, culminating in a significant dividend cut. This shift has led many investors, including myself, to reconsider their strategies involving WBA.…
Latest Stock Buy: 0.05 ADBE shares at $473.91
On May 28, 2024, I purchased 0.05 shares of Adobe (NASDAQ: ADBE) stock, paying $473.91 per share for our family stock portfolioAdobe Inc., formerly Adobe Systems Incorporated, is an American multinational computer software company incorporated in Delaware and headquartered in San Jose, California.We are now holding 0.05 shares of ADBE in our stock portfolio. Utilizing dollar-cost averaging, our average cost per ADBE share is $478.65. The total…
Week 45 Trading Strategy: Targeting $14 Daily from Put Options on Bitcoin
As we dive into Week 45, the TerraMatris crypto hedge fund focuses on targeting a minimum of $14 daily from put options on Bitcoin, while strategically reinvesting in Bitcoin (BTC) and PAX Gold (PAXG). This approach aims to leverage market volatility to secure consistent returns and build a robust investment portfolio.Bitcoin Market OverviewThe week commenced with a significant drop in Bitcoin's value, setting a tone of turbulence and…
Jal Mahal / Water Palace near Jaipur
Jal Mahal (meaning "Water Palace") is a palace in the middle of the Man Sagar Lake in Jaipur city, the capital of the state of Rajasthan, India. The palace was originally constructed around 1699; the building and the lake around it were later renovated and enlarged in the early 18th century by Maharaja Jai Singh II of Amber.I had a brief chance to visit and see this place from a distance during our about 3 week trip to India at the end of 2023.…
TerraMatris Crypto Hedge Fund Portfolio Value reaches $2,651.17 in May 2024
Terramatris is a private crypto investment hedge fund started back in August, 2023, by me. The fund is privately held and is not publicly registered under any specific jurisdiction. Though, its available to participate in the fund via Raydium liquidity pool by swapping USDC against TerraM.In the end of the month, we managed to grow our portfolio by quite impressive 29%. No new investments were attracted to the fund, but I started to network…
Latest Stock Buy: 0.025 NVDA shares at $1,120.19
On May 28, 2024, I purchased 0.025 shares of Nvidia (NASDAQ: NVDA) stock, paying $1,120.19 per share for our family stock portfolioNvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware.We are now holding 0.025 shares of NVDA in our stock portfolio.Utilizing dollar-cost averaging, our average cost per NFLX share is $1,131.40.I decided to jump into…
How To Invest in Ethereum (ETH) and Stellar (XLM) for Long-Term Growth
Greetings from Tbilisi, Georgia!Last week, our modest crypto hedge fund saw a little decrease, dropping to $2,639.67, a humble decrease of $20.89 compared to the previous week.At TerraMatris, we remain committed to steadily building our crypto hedge fund. Our strategy involves selling put options on Bitcoin and covered calls on Ethereum (ETH) and Stellar (XLM). This straightforward yet effective approach has enabled us to generate consistent…
My Experience with Fundraising on LinkedIn: Part 1
As the CEO and Founder of Terramatris, a crypto hedge fund, I've always been keen on leveraging social media to share updates and engage with potential investors. Over the past few months, I've been actively posting updates about Terramatris on LinkedIn. To my pleasant surprise, my followership has started to grow, reaching a little more than 200 followers. With this growing audience, I decided it was time to reach out to my connections and…
Why I Stopped Selling Put Options on Micro Gold Futures (MGC)
As a seasoned trader and CEO of Terramatris crypto hedge fund, I have explored various trading strategies over the years. One strategy I have experimented with is selling put options on Micro gold futures. Recently, I decided to stop using this approach. In this article, I'll explain the main reason behind my decision, providing insights that might be valuable for fellow traders.Understanding Put Options on Micro Gold FuturesBefore delving into…
Exploring Real Estate Prices in Riga Compared to Gold: A 2007 vs. 2023 Analysis
A few days ago, I stumbled upon an article or perhaps a meme on Facebook that suggested the same amount of gold from 100 years ago could buy you real estate today. Intrigued by this claim, I decided to explore further and compare real estate prices in my native Riga to spot gold prices. My findings, particularly when comparing 2007 with 2023, are quite interesting.Let's start with some basic data:In October 2023, the average price of standard…