I've been thinking about options these days: the buyer is actually buying "time," waking up every day to find that the time value is quietly decreasing, like rent deducted daily; the seller, to put it simply, is selling "volatility," collecting rent comfortably most of the time, but once the market goes crazy, they have to wake up in the middle of the night to top up their margin. Who is the time value really eating away at? Most of the time, it first eats away at the buyer's patience, and occasionally it bites the seller hard.

Airdrop season is also quite similar, with a points system + anti-scam measures making earning tokens and checking in feel like a grind, and the platform gradually wears down the time.
What I fear most isn't losing money, but thinking I'm "strategically positioning" when in fact I'm just being dragged along by time. Anyway, I should lighten my positions first...