Selling a Put option is basically like running an insurance company. You collect the premium upfront, and your job is to hope nothing bad happens. Simple, right? Here’s a real example. This trade is effectively an insurance contract on whether ETH will drop below 1700 over the next 38 days. If ETH stays above 1700, you pocket the full premium of 464U. Easy money. But if ETH falls below 1700, you have to pay out to the buyer. The real risk kicks in if it slides under 1660 — that’s where you start taking a loss. To open 1 ETH contract, you need about 250U in margin. I opened 20 contracts, so that’s 5000U in margin to earn 464U in premium. High probability play, but always know your breakeven. That’s the game. 🧠📉