IDLE
BTC INDEX
NEXT SETTLE23h 26m
INSTRUMENTS0
TICKERS0
UPDATED

Put Ratio Spread 1×2

PSR12PSR12-E1-Xhigh_Xlow

Buy 1 higher put, sell 2 lower puts.

Bearish for small moves, loses on large down-moves. Naked short put risk below the lower strike.

Pick an expiry and 2 strikes to build the combo.