Yes, it's very high. I worry that I can lose money even if my bet is correct, if...

spacedome · on March 10, 2021

Looking right now some of the options a few months out have implied volitility of 1000%+, your best bet might be selling them off on big crashes instead of waiting it out? Some of the puts I looked at went up 500%+ after this dip

slashdev · on March 10, 2021

Yeah, that occurred to me. At least sell off enough that I don't mind letting the rest ride.