The US stock market crashed like a freefall, with AI concept stocks, represented by semiconductors, dominating the list of decliners, while their put derivatives topped the list. The market crash dragged down cryptocurrencies, with implied volatility (IV) surging across the board. The impact of the midterm elections is expanding. It's worth noting that the March 12th crash occurred during Trump's first term, coinciding with the devastating pandemic. Now, Trump's second term is at a crossroads, making buying put options a safe bet. (I've been recommending buying puts for the past two months.)