Just suddenly thought of something—back in April 2021, a few days before the crash on the 18th, I was buying weekly puts for $ETH every day. At that time, the IV was only 70%. Imagine this: a token that had gone up 15x in a year, and compare that to Micron's current IV of 110% or SanDisk's 180%. Then came the 4/18 crash. I used puts to hedge, bought the dip, and locked in profits. The options part alone went up about 20x. Honestly, looking back, there were so many idiots in the crypto space back then... because there were frequent major crashes, and yet you could still buy options with such low IV.