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I tried being a options buyer once, and I was pretty excited the day I bought it.
But in the following days, the market moved sideways, nothing happened, but my position was being shaved little by little every day...
Honestly, the time value was just eating away at me, waiting for that big move.
Later I realized, as a seller, it's often not about predicting the right direction, but betting that you won't get there in time or that you can't hold on.
Recently, the fee rates are extreme again, and in the group, people are arguing whether to reverse or continue squeezing the bubble.
My instinct is: the more they argue, the more it looks like an emotional market adding salt.
Anyway, what I fear more now is "being right about the direction but too slow," because slowness is the original sin, ultimately paying tuition with volatility and time.
Let's leave it at that for now.