Recently, everyone has been talking again about how great it is to be a options buyer, feeling like it's the same as completing tasks during an airdrop season: saying you're free in words, but working harder than at a job in practice. Basically, buyers are betting against time; if you don't move, it's fine, but if you move even a little late, the time value is like a paycheck deducting a little every day. Sellers, on the surface, benefit from time, but in reality, they are collecting rent from tail risk, and occasionally a black swan event can wipe out all the "easy profits" they made earlier. Anyway, whenever I see the word "stable," I instinctively want to laugh; those small on-chain moves are much more honest than what people say in the chat groups.