I only recently truly understood the saying "Buying options = buying time"… Frankly, the buyer is slowly being eaten away by time value every day, especially when the market is flat, the losses are not dramatic at all, just a dull cut. The seller, on the other hand, is like collecting rent; time is on your side, but once there's a big fluctuation, you have to pray you don't get reversed, and the heartbeat is also quite gas-consuming.

By the way, I want to vent a bit. Recently, someone questioned whether on-chain data tools/tag systems are lagging, and now I’m even less willing to rush in just because I see "whales buying." Tags really can be manipulated… My clumsy way to avoid impulsive orders is: first fill out the order without confirming, then check the implied volatility at that moment (as a mood thermometer), and then look at the actual transaction/position changes on-chain. If after five minutes I still want to buy, then go ahead. Anyway, most of the time, calming down means I just give up, saving some gas is also a win.