I’m now leaning a bit more towards being an options seller (but not to the point of going too heavy on a position). To be frank, time value is, most of the time, slowly eating away at the buyer’s patience and emotions. The buyer feels great—if you’ve bet right, it’s the “all-in in one go” kind of rush—but more often than not, the underlying doesn’t move much. Your account shrinks first, and the closer you get to expiration, the more anxious you become, until it turns into, “Am I betting on the market, or am I betting on whether I can hold out until the breakout?”

On the other hand, the seller is like collecting rent, but it’s not free money. If a black swan shows up, you have to pay the debt back with sleep… So I usually only sell in directions I’m willing to take, make a little money as a kind of psychological massage—anyway, I don’t chase after pumps.

Recently, I’ve been looking at social mining and the “fan tokens” setup—the idea of “attention is mining.” The more I look, the more it feels like the time decay for options buyers: if you contribute attention every day, the platform/project takes the time value as the seller. Whether the payoff gets delivered or not depends entirely on whether the narrative can hold up until you haven’t exited yet. That’s it for now—I still want to quietly bury myself in the privacy and storage traps, and wait slowly for the flowers to bloom.