Selling PUT options

Option is a contract in the future to buy or sell a stock at agreed price (strike price). Options are used to hedge (insurance). (detailed explanation for beginners)

Other uses:

Buying PUT option – betting that stock will go down.

Buying CALL option – betting (with leverage) that stock will go up.

The new concept that I have been introduced by Michael is Selling PUT options

  1. Choosing the right stock
  1. Setting the strike price and expiration date
  1. Placing the trade
  1. Managing the trade
  1. Conclusion


I will never buy individual stocks

Longevity regimen

I take 0,5mg NMN daily. I take 4-5x / month 0,5mg Resveratrol at night, day before when i will not have physical activity. The title of this video is misleading, but i recommend to watch it.

Those 2 supplements I take after reading David Sinclair book LifeSpan – why we age and why we don’t have to.


  • Hyaluronic acid by The Ordinary. 2x day.
  • Declare face cream with SPF15 in the morning.
  • Lowest concentration Retinol 3x per week
  • Resveratrol by The Ordinary 3x per week
  • Vitamin C
  • Night cream. Do not have preference. Most important without smell. (Filorga is my current choise)

Multi-Peptide serum by The Ordinary for hair care.


  • Zinc. Once a week 1mg. Or more often if i feel that will get sick
  • Magnesium (L-Threonate) random, when i feel it. For better sleep and recovery from sports.
  • Curcumin. When I have muscular inflamation

Where to buy crypto?

There are lots of options how you can buy Crypto – here I list the options I have tried and still use.

Kraken. Low fee exchange. You pay only 0.2% fee for trading. If you reach bigger volumes – the price goes down. The only drawback is quite difficult registration process. (same is with Interactive Brokers for stock trading)

MetaMask wallet. I use it with Etherium network – so you can deposit ETH and USDT. They use mainly UniSwap function inside the app to swap the currencies. I also buy NFTs over OpenSea or LooksRare, connecting the MetaMask wallet. You can only deposit Crypto. You can not deposit EUR or any other FIAT currency. I use this service for rare altcoins to purchase over in exchange to USDT. Another advantage of is that you do not need to do KYC – so the registration is very simple. They have margin lending function. ALCX lends for 18% APY, AVAX 6,5% APY, and Bitcoin you can set the minimum at 3,5% APY, but actually the supply is so big, so that BTC is sitting idle. I have account with them as i think it is one of the best bank cards now. I do not buy crypto there as they charge 0,4%, but i do get CRO tokens there, where I exchange to Bitcoin and lend it at 4.5% anual interest rate. (user referral code: 5g6fg7z7wg to get 25$)

Revolut. If you have Revolut account – it is the easiest way to start. The fees are 1.5-2.5% (10x more expensive than Kraken)

Barcelona vs Valencia for an expat

I think Spain is the best country to live in Europe if you have income/business in other country. I have been living in Marbella, Las Palmas de Gran Canaria and Valencia. Both Valencia and Barcelona are big cities and I compare living in the city and not the metro area.

Weather and Pollution. The weather in Valencia is a little bit milder, but for me there is not big difference.

Parks. This is why I like Valencia the most. It has 9km long park Turia located in the old bank of the river. Apart from that I like the Cabecera park (next to Bioparc zoo), Jardin de Vivers (collection of roses and kids playground to learn traffic signs) and finally the new Parc Central next to Ruzzafa. The city of Barcelona really lacks parks and greenery.

Business life

Barcelona here is real winner. 4x more startups funded in 2021 compared to Valencia. Trade shows and fairs. Meetups and conferences = probably 10x difference. Barcelona startup district.


Both cities have great international schools. Read about Valencia schools here and Barcelona schools here.

Real Estate

My favourite neighborhood Padralbes – 6800 euros per square meter (2022 June). Sarria – Sant Gervasi – 5800 euros per square meter. The most expensive El Pla de Remei in Valencia – 3900 euros per square meter.


Barcelona is a clear winner here, where it has more than 6x bigger airport by passenger count.

Final Verdict

If your priority is family life – choose Valencia. If your priority choose Barcelona.

** with 0,5M income Barcelona can be good with family too.

P2P crowdfunding portfolio

My p2p investing journey began in 2015 July when i have made first investment in Bondora.

2020 May 28
171.015 euros invested

Later on I have tested 10-15 platforms. In the beginning it was consumer lending and later I have realised that they are too risky and stuck to only Real Estate platforms. Though to this day I still have positions in Mintos and Bondora.

I have stopped all auto-invest strategies leaving only EvoEstate active auto-invest setting for Skin in the Game projects.

The hidden joy of Startup Investing / Covid19

The main reason I invest in startups if to learn something new from smarter founders and teams and apply that knowledge for my ongoing business.

The side goal is to earn money.

Even though my tickets are very small, I am very happy to be part of something. And especially during the pandemic of Covid-19 I had 3 startups in my portfolio which were helping to fight this public enemy.

HelloWisp – Was selling Covid19 antibody testing.

BillionToOne – scaled Covid19 testing to 1 million per day.

Molekule – released a unit for medical environments

Money talks during Covid19


I was lucky to exit the stock market and crypto (exited BTC at 6700 euros) before huge drop. I am not selling any of my real estate investments through the platforms. Housers secondary market is dead. EstateGuru secondary market is dead and expensive to trade. EvoEstate secondary market is active as never before, but i am holding my investments. I am checking the markets mainly sp500 and ibex35 daily and even though i do not have any positions I feel frustrated with big swings in the market. On one hand a big recession is coming. On the other hand US announces 1.5T and later 2T money printing – stimulus package. Universal Basic Income may start sooner – US government is thinking of giving 1000 USD for each citizen.

I will be coming back to stock market on March 23 making 0,3% of my net-worth investments weekly. I will be buying

BTC (Crypto – Bitcoin)

LYXIB – Spanish index

WBA – Pharmacies in USA

BOL – Ports in Africa and 3 potential spinoffs

TEF Telcom for Spain and LATAM

TEL Telcom for Nordics and SE Asia

SCHB Media company from Norway

Shorting ZOOM (Ticker: ZM)

The reason to short (buy put options) Zoom is that i do not know any person paying for paid version. Zoom gives 40 minutes free sessions and then you can just restart a new session – not a big pain to pay for. (more pain to look for your credit card in the pocket). My personal circle uses Google Meet, which comes for free if you are buying Google Suites. The competition is huge. And UX is a fragile competitive advantage that can be copied and made better in days. (example Whereby in my opinion has even better UX)


With global lockdowns the demand for oil plunged. The tankers have been filled soon and there was no place to put oil. USO ETF stopped tracking oil price. And near expiration oil futures started trading at negative 37$. (Lesson about oil futures: if you do not execute contract before expiration – you have to take real oil)

Covid-19 crisis

I am starting to write this on March 20, when corona virus pandemic is at the peak in Spain.

During first two weeks of February I am reading a lot of warning on Twitter. Some events are being cancelled in the world already. I urge my wife to stock up some basic food in case of total lockdown.

February 17th to 22d I fly to Riga (with connection in Frankfurt) to Startup Wise Guys graduation and Techchill event. Before leaving I buy 6 FFP3 mascs for my family after I notice Chinese woman in the post office sending big packs of surgical mascs to China. At the moment there are plenty of FFP2 mascs.

Lidl meat section midday of March 13

March 12th Spanish government announces that country lock-down begins on Monday – March 16th. That nigh, after an argument with my wife, I decide to not take kids to school on Friday. Friday and Saturday we go for walks with kids (skipping the playgrounds and crowded places). The news are worsening every hour. When the kids go for Friday nap, I go shopping. Some sections are already empty and people are buying a lot – i wait 30 minutes in the line. The lock-down begins 2 days earlier on Saturday night. March 18th my wife goes shopping – the shops are full of food, including toilet and hand paper.

What is the life in quarantine?

In general the life did not change much: I work and have meals at home as usual. The good things:

  • I do Yoga / Stretching daily
  • I sleep better (Oura ring average sleep and readiness over 90)
  • Have time to write and read (though i read mostly about covid)
  • Rethink my life: Set your values, goals and principals (Ray Dalio).
  • I speak to parents daily
  • I speak to friends more often – usually about Covid19 and investments.
  • 100 push-ups a day (started April 10th)

The negative things are: I workout less actively. All the day is about satisfying kids, we watch at the screens more.

New covid19 cases in Spain per day

Positive vibes

Getting back to normal

6 weeks after, we are allowed to go outside with kids.

What I have learned

How viruses spread and how do you get infected

Building a house in Valencia Spain 2020/2021

First, I think that renting is always better than buying. Especially in Spain, where you pay 10-12% buyers fee. So if the rent is 4% – so you can rent for 3 years just of the buyers fee. Secondly your family situation changes and you have more flexibility renting. And thirdly changing places is fun.

The reason why we have started building a house in Valencia, Spain is that we wanted a house next to kids school and there was nothing decent to rent. And the purchase prices seemed ridiculous of the houses that we liked.

  • Brief overview of the benefits of building a single family house in Spain
  • Mention that the process can be complex and requires careful planning
  1. Choosing a location
  • Discuss the importance of selecting the right location for your single family house in Spain
  • Consider factors such as proximity to amenities, climate, and local building regulations
  1. Designing your house
  • Discuss the importance of hiring a reputable architect to design your single family house in Spain
  • Talk about the different styles of architecture in Spain and how to choose the right one for your house
  • Mention the importance of considering factors such as energy efficiency and accessibility in the design of your house
  1. Obtaining building permits
  • Explain the process of obtaining building permits for a single family house in Spain
  • Discuss the importance of working with a professional to ensure that you have all the necessary permits and approvals
  1. Construction
  • Discuss the process of constructing a single family house in Spain, including hiring a contractor and overseeing the construction process
  • Mention the importance of maintaining good communication with your contractor and staying on schedule
  1. Finishing touches
  • Talk about the final steps in building a single family house in Spain, including decorating, landscaping, and obtaining final inspections
  • Discuss the importance of working with a professional interior designer to ensure that your house is finished to your liking
  1. Conclusion
  • Summarize the key points of building a single family house in Spain and encourage readers to carefully plan and execute their own project.

Defaults on EstateGuru

I have already had few defaults on EstateGuru and with this post I want to share how the defaults happen and what you can expect. (i have previously shared how Housers manage defaults) The image is my current portfolio stats with the defaults. I have stopped investing in EstateGuru some 6 months ago, as I am currently putting all my Real Estate investments into EvoEstate.

To this date EstateGuru claims they have not lost any principal for the investor. With the rising Real Estate market that was quite easy to sell the defaulted properties for greater value. It is not clear how much does the recuperation of defaulted loans cost for investors. So I give my personal examples:

Tiskre residences development loan II. 12 month loan with LTV 57% and expected 10,5% annual interest. I got €89.79 which comes to 8,98% total return in 820 days and annual REAL return less than 4%

I have other 8 loans that defaulted – on the contrary all those 8 have returned bigger return than expected. (That happens because if the borrower is late – he starts being charged 18% annual interest rate.)

How long does it take to recover defaulted loan?

In my experience usually it is about 1 year, but i have properties that take longer. The thing why this happens in my opinion is that EstateGuru does not want to lose investors principal, so they do not lower the auction start price enough.

The last auction failed due to lack of interested buyers. The new auction will be announced soon with same price.