The past couple of days, the group has been sharing more about stablecoin regulation, reserve audits, and various screenshots of "de-pegging."


All I see is one feeling: emotions are the most expensive, don’t let them casually push you into buying options as a talisman.

Options, honestly, the time value is eroding every day.
If you're the buyer, even if your direction is correct, just a little slow, time keeps eating away at your premium;
If you're the seller, the time value looks like "making you money," but you're actually selling disaster insurance, collecting small premiums normally, but if something really happens (like a true de-pegging), you could lose it all back and even end up paying out of pocket.

So now I care more about: am I paying a "time tax" on this trade, or collecting a "time tax," and whether I can handle the worst-case scenario.
Next time I see rumors flying around in the market, I might first reduce my position, then choose shorter durations—at least avoid being dragged to the point of ruin...
When you hedge, are you more inclined to be a buyer or a seller?
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