The morning alarm clock pulled me out of bed again. I glanced at my options positions and became even more alert: the concept of time value, to put it simply, is just the ticking away of patience every day. Buyers are like paying rent, hoping a big move will shake the landlord; sellers are like landlords collecting rent, loving market stagnation, the more sideways, the happier they are, but once a big shock hits, they can burn themselves out too.



Recently, Layer 2 has been arguing over TPS, fees, and subsidies, arguing as if sellers are promoting "steadily earning over time"... but once subsidies stop and emotions shift, no one can pretend to stay calm when volatility picks up. I complain about sellers being too sneaky, but I can't help but sell a little myself. Anyway, I’ll just turn off the alarm first, so time doesn’t eat me alive.
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