@kevin_j40 on ETHUSD | PriceONN Community
K
Hello everyone, I'm new to options spreads and was wondering if anyone had experience using them with ETHUSD? I'm trying to manage risk but finding it a bit confusing to set up. Any advice or resources would be greatly appreciated. Is now a good time to be looking at buying a put spread given the recent bearish trend?
Replies
K
Update: I'm looking at a bear put spread with strikes at 1950 and 1900. Does that seem reasonable given the current price action, or am I missing something obvious?
@kevin_j40, I understand the confusion with option spreads. Risk management is key. Perhaps start with paper trading to get a feel for how they work before committing real capital? There are also many online tutorials that break down the basics.