Lately, I've been a bit obsessed with options positions, honestly, it's the time value quietly eating people: the buyer wakes up every day like being charged a "breathing tax," if the market doesn't move in the right direction, they slowly get worn down; the seller looks like collecting rent, but actually they're taking tail risk as a landlord, usually stable, but when something goes wrong, they might lose several months' rent all at once. Governance meetings are the same way—dragging on longer and longer, and the time value eats away at patience...

These days, hardware wallets are out of stock again, phishing links are everywhere, and I suddenly feel like sellers are more worried about "nothing going wrong," but when it comes to security, don't gamble on luck—avoid clicking on suspicious links if you can. Staring at the screen until my eyes hurt, my neck's a bit stiff too. Anyway, I’m going to lie down for five minutes first, so I don’t let the time value also sell my cervical spine along with it.