Week #19 Ethereum Options Trading Results (+ 0.0032 ETH)

On Friday, April 21, 2023, 1 ETH traded at $1,920 while the total value of our Ethereum / EUR portfolio was worth $1,610.42, which is about 16.1% of my $10,000 goal.

The past week was tough, after ETH climbed above $2,100 I rolled up and forward the $1,850 call option to the June 30 expiry and the strike price of $2,000.

Luckily at the end of the week, ETH dipped under $2,000 taking away pressure from the position, at least for now.

Additionally, the portfolio lost 0.53% last week of its value. In dollar terms, the loss equals -$8.40.

One of our short-term goals is to grow the portfolio back to its all-time high of $1,802, which was recorded at the start of January 2023.

Total ETH available: 0.718 (+0.069)

At the moment, there are 1 put and 1 call options opened with the following strikes and expiry dates:

• 1700 Put (April 28, expiry)

• 2000 Call (June 30, expiry)

To keep the max profit, ETH should stay above $1,700 and below $2,000

From the expired options trades, we booked +0.0032 ETH profit this week

In case of a challenged trade we will try to adjust the trade by rolling up or down the challenged side)

Additionally, we bought 0.01 ETH on Coinbase.

• In total: 58 trades since December 23, 2022

• Options premium: -0.3851 ETH