These days, I've been debating the buyer/seller of options again. To put it simply, time value is like collecting rent every day or paying rent. When the buyer side doesn't move, they still lose that small amount of time, and their emotions can be easily worn down. Even if the direction is correct, dragging it out can wipe them out completely; the seller seems stable, but in reality, they are exchanging tail risk for that rent, and when a big wave hits, they want to throw a tantrum. Anyway, as an honest LP, after being worn down by time for the third time and having my mindset collapse, I tend to bet less on directions and focus more on structures I understand, seeking stability while staying flexible. By the way, with hardware wallets out of stock and phishing links on the rise lately, don’t just think about earning time value—don’t let fake links steal your principal and time at the same time... That’s all for now.