Just looked around and saw a lot of people hyping up stories about options buyers getting rich. Honestly, every time something like this comes up, I just want to laugh. Time value—everyone who knows knows—what the buyer is betting on is direction, but that tiny bit of theta bled out every day is like a tire slowly going flat. By the time you realize the direction was right, your principal is already worn down by half. Meanwhile, the seller, even though the profit is just mosquito bites, wins on consistency—so long as there’s no black swan, theta is your ATM. Recently, ETF fund flows and risk appetite in the US stock market have been getting all sorts of interpretations. Anyway, I only look at order-book liquidity; don’t tell me about any long-term consensus—if you can get out, that’s what matters. Oh, and I used to follow a KOL who always shouts trade signals, constantly talking about “time friends.” Then I checked his positions and they were all doomsday wheels. I immediately unfollowed—wasted time.

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