@OptionsDelta:$NVIDIA(NVDA)$ What’s the significance of three consecutive down days? Last week, volatility was too low, so does that mean this week you could make easy money by casually buying calls? There's no such thing as free money. Three consecutive down days directly pushed the at-the-money implied volatility (IV) to 121.9%—expensive enough to kill you.This also made those who sold options last week regret it. They regret selling too early—myself included.Isn’t everyone bullish? Yet both buyers and sellers are feeling the pain. Very tricky.For open interest and new positions, what’s particularly noteworthy is that after Tuesday’s major drop, someone opened 30,000 contracts of next week’s 120 put