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There is no free money. The IV on options like long calls to hedge a short is astronomical. Line numbers I've never seen.

The prices on puts go up even when the price skyrockets - it’s crazy!

I saw an IV yesterday that was 1000%. I’m not sure I’ll ever see that again in my lifetime.

IVs in the crypto world can get up to 100-250, but 1000 is insane even for crypto. Truly incredible.