When it comes to options, the buyer is daily paying the "delay tax," with time value slowly nibbling away at you; as for the seller, they usually feel pretty secure, like collecting rent, until a big wave hits, and it's like the upstairs water pipe bursts—those small gains they made before are all used to wipe the floor. To put it simply, time value mainly benefits the buyer, but the seller is actually hiding tail risk under the carpet.

Recently, the debate in the group about privacy coins and the boundaries of coin mixing compliance is quite similar: usually it seems harmless, but when regulatory winds tighten, you realize that "small probability" doesn't mean "it won't hit you." My current stance is: I’d rather earn a little less than sell myself as a ticket that can be exercised at any time.