Recently, looking at options markets feels a bit like watching "time" collecting rent: buyers are paying rent every day, and if the market stays still, they get worn down to doubting life; sellers, on the surface, are like landlords, slowly collecting time value, with a very steady mindset, but when a big wave hits, it's like the house catching fire, and the rent collected isn't enough to cover the losses... So basically, buyers are betting on "speed," while sellers are betting on "nothing going wrong."

Just these days, around the main public chain upgrade/maintenance, the group is again guessing whether the ecosystem will migrate. I think many people are actually betting on a "quick fluctuation triggered by an event." Forget it, to put it plainly: if you buy options, don't expect to win by holding on; the longer you hold, the more it looks like you're working for the market; if you sell options, don't pretend there's no risk—black swans come faster than announcements. Anyway, right now, I'm more concerned about whether I can sleep well.