You are correct about releasing the tension when you cut it. You are also correct about there not really being a way to avoid it. I have had pieces bow like that after planing.
My general procedure for getting rough cut lumber to size are:
- Allow wood to acclimate in your shop for several days.
- Face one side flat with the jointer
- Get an edge square to the flat side with the jointer
- Rip, resaw, or plane slightly thick - maybe 1/8" or so
- Let the pieces set for a couple days to release tension
- If necessary, repeat steps 2 & 3
- Plane to final thickness
- Rip to final width
If the wood has some extreme tension in it, it may be necessary to do repeat steps 2-6, although I have only had to do that once.