How to short crypto with put options?
In the world of cryptocurrency investing, the strategy of shorting a crypto asset through the use of put options has become increasingly popular among sophisticated traders. Could you elaborate on the process of executing such a trade? Specifically, I'm interested in understanding how to identify the right put option, the factors to consider while selecting a broker, and the risks involved in this type of trading. Additionally, I'd appreciate insights into how to manage the position effectively and when to consider exiting the trade. Understanding the nuances of shorting crypto with put options would be invaluable for my trading portfolio.