My recent biggest feeling about options is that: time value has actually been constantly looking for someone to pay for it. If you're the buyer, just wait to be "worn down" a little each day; even if the market doesn't move, you'll still lose money, and it's easy to get emotionally impatient; if you're the seller, watching the premium come in feels pretty good, but once the direction goes awry, that loss can be very frustrating. Basically, you're trading tail risk for small daily gains.

Now I prefer a more balanced approach: keep the main position stable, then take a small portion to buy insurance or bet on volatility as a buyer, rather than going all-in to be the "opponent of time." Also, the recent complaints about on-chain data tools and tagging systems being laggy remind me not to be too superstitious about "what smart money is doing," since tags can also be manipulated... Anyway, staying alive is the most important.