Betting on a spread is not spread betting. You can but Coke and sell Pepsi, you then have a position in the spread. That's not spread betting, which is just a retail way to gamble on a price movement.
You cannot say options are more risky than futures, the two are related but different in nature.
Whether he implemented his trade in the options or futures is irrelevant, there was always going to be a blowout risk.
You cannot say options are more risky than futures, the two are related but different in nature.
Whether he implemented his trade in the options or futures is irrelevant, there was always going to be a blowout risk.
Source: I'm an ex options and futures trader.