Predator avoidance in insects is commonly described through conspicuous defensive outcomes such as vigilance, freezing, escape, hiding, reduced feeding, or altered reproductive behavior. Yet these responses do not represent a single interchangeable cost. Their expression depends on what information an insect detects, its physiological and developmental state, the opportunities displaced by defense, and when the consequences become manifest. Existing evidence establishes substantial context dependence but does not establish fixed exchange rates among vigilance, resource acquisition, reproduction, and survival. Similar predator information can therefore produce different behaviors, while similar observed behaviors can arise from different organismal states or ecological constraints. This article develops a proposed dynamic trade-off theory in which antipredator decisions are interpreted through four interacting dimensions: threat information, organismal state, foregone opportunity, and temporal consequence. Predator detection is separated from defensive execution; feeding and reproductive costs are treated as distinct opportunity losses; and immediate encounter survival is distinguished from consequences expressed later in development, physiology, reproduction, dispersal, or population performance. The resulting trade-off surface is qualitative rather than a parameterized fitness landscape. The theory predicts that predator avoidance should vary across predator regimes because cue reliability, exposure persistence, internal state, and available feeding or reproductive opportunities jointly alter the consequences of defensive allocation. These predictions require direct comparative and longitudinal validation and should not be interpreted as established optimality rules.