Bear call spreads: trading in a bear market

I'm not an experienced options trader, so what I'm about to tell you reflects my very recent learnings in the domain.

When you're convinced (like I still am) that the coronavirus has not been fully tallied up in especially the american stock prices, you might want to benefit from the situation.

March 2020 update

Please remember that nothing on this blog should be taken as investment advice.

What a start for the year!

First the Kuetzal scam and its ongoing legal actions. Then Envestio following on the same path, with concerning signs on also both Monethera and Wisefund.

Edit 28.3.2020: And now looks like Grupeer might follow the group. At this point, the P2P industry looks very fragile and I'm definitely going to reduce my position drastically.

And now the stock market plummeting because of the coronavirus!

This year is going to be awful in so many ways.

But I'm not panicking. I'm actually very well positioned right now for the future. What will I do?

How coronavirus affects my investing

Stock indices have plummeted in the last couple of weeks due to the coronavirus outbreak. The S&P 500 is down -8% this year. What am I planning to do about the situation?