These past couple of days, I've been watching the market so much that my head's a bit numb. I casually thought about options: the buyer's biggest fear isn't actually misjudging the direction, but that time slowly drains you; as for the seller, they seem to collect a "tea fee" every day on the surface, but if a big move comes, they have to give back all that they've gained, and might even end up losing money. To put it simply, who is time value really eating? Most likely those who are anxious, especially those who comfort themselves with "it will move if I wait a bit longer."

By the way, recently testing network incentives and points systems also seem quite similar: everyone is betting on whether the "mainnet will issue tokens," and the waiting process is like paying a time fee. In the end, if no tokens are issued, you just have to accept it.

My mom asked me yesterday: "Isn't your options trading just like playing the lottery?" I can only say... it’s similar, but you can't sell lottery tickets to others as counterparties. That's all for now, continue drinking tea and watching the blockchain.