I just looked at the order book on the options chain and suddenly understood who the "time value" is really eating: the buyer wakes up every day slowly losing money, unless the market really gives you a push; the seller is like running a small rent collection mode, as long as you don't encounter a black swan, the longer the time, the more comfortable it is. To put it simply, which side time favors depends on whether you're afraid of a "sudden change."

Recently, everyone has been comparing RWA, US bond yields, and on-chain yield products. I also casually cross-reference: some so-called "stable" ones are actually just selling time fees as options sellers, with risks hidden in the tail. Anyway, I’m the type who plans carefully, so before opening a position, I first calculate the fees/slippage/exercise path, or else the time value earned might be eaten up by gas fees... that’s all for now.