These past few days, watching the options market has been a bit overwhelming: buyers are like paying rent, with time value being deducted every day, even when the market is flat, and still being deducted when it moves slightly... Basically, you're buying a ticket for "potential big volatility in the future"; sellers are like collecting rent, earning time value as their salary every day, but it's not free—if a sudden spike happens, all the premiums collected before might have to be paid back, and they could even lose money.

Recently, I heard news about increased taxes and tighter compliance in certain regions, and as expectations for deposits and withdrawals change, everyone's emotions start to shake. Before volatility arrives, premiums are high first, making buyers even more uncomfortable; but sellers shouldn't get too cocky either—if emotions get too tense, trouble can easily happen.

What I’ve learned isn’t about techniques, but that: time is always collecting its dues, it’s just that you’re on different sides of the punch.