Bitcoin is falling, but does that mean buying puts is a good trade? 😨 Not necessarily... With the US midterm elections approaching, $BTC options are pricing in higher volatility. Here's what beginners should know: 🔹 Higher implied volatility (IV) means more expensive option premiums. 🔹 Even if Bitcoin moves in your predicted direction, a drop in IV after the event can reduce your option's value. 🔹 This is called an IV crush. It's one reason traders can predict the direction correctly and still lose money. Before buying options around major events, check the premium you're paying, not just where you think the price will go!