Lately, the more I look at options, the more anxious I get. To put it simply, time value is like daily "grinding" people down. The buyer sees the price stay still, but theta is like slow bleeding; the more they wait, the more anxious they become. The seller seems to earn premium on the surface, but in reality, they are carrying the tail risk home, always thinking before bed, "What if there's a big spike tonight?" Others think sellers are guaranteed to win, but in fact, if the market hits an extreme, they might lose all the profits they've made earlier. People assume buyers are just betting on rise or fall, but in reality, they are mostly racing against time. Plus, these days, cross-chain bridges have been hacked again, oracles have reported abnormal quotes, and everyone is wasting time on that phrase "waiting for confirmation"... Now, whenever I authorize anything, I first check the permissions; the same goes for options—first consider the worst-case scenario to see if I can handle it, then decide whether to proceed.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned