### Comment:
&gt;There will be no IV crush.  
  
 The IV is 40% because it’s approaching earnings. The IV will be less than 40% after earnings. IV going down substantially is called IV crush. IV goes does substantially after a catalyst event. Earnings are catalyst events. You will experience IV crush.  
  
 They won’t be worthless but you will lose money. Especially since MU is moving back up right now.

### REPLY:
Depends. IV is pretty subjective. Plus it can change depending on the VIX, the systematic indicator for IV. If the entire market gaps down, I should be fine. I know earnings has elevated IV, but I don’t think I will lose money to IV crush. We’ll see in the morning

### END.