Blog Archive: September 2024

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…

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 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…

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…

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…

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…

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…

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…

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. …

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…

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…

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…

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…

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…

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…

Recently, I turned my attention to Neste Helsinki stock, a company renowned for its innovative approach to renewable energy. While conducting my research, I discovered something pleasantly surprising—Neste Helsinki stock has options trades available. This unexpected find presented an intriguing opportunity to enhance…

After a two-month hiatus from the gym, during which I gained about 2kg, I decided it was time to get back on track. Today, I renewed my gym membership at Tbilisi Axis Tower and committed to a new fitness and investment strategy: after every workout, I will invest in Nike (NKE) stock by purchasing 0.1 shares.As someone…