Lately I've been thinking about options again. Honestly, the time value is like a small alarm clock, ticking away money every day. The buyer is buying "possibility," but if the market stays still, the clock just keeps eating away at your patience; the seller seems to be collecting rent, with time on their side, but once there's a big fluctuation, the premium collected earlier might not be enough to withstand a punch.

I'm more like patching things up now: not aiming to fix the system all at once, keeping the position small, not too short-term, and if I really want to gamble, leaving myself an exit. Especially recently, with various testnets pushing incentives and points expectations at their peak, and the group guessing every day whether the mainnet will issue tokens... During these times, volatility expectations tend to be inflated, making options more expensive for buyers, which ironically makes them more susceptible to time decay. Moving a bit slower is also good; at least it’s less likely to be driven by the "get in quickly" emotion.