Lately, watching options markets, it increasingly looks like the weather: buyers are hoping for a heavy rain, while sellers are collecting the "sunny day tax" every day. Time value, simply put, is like sand falling every day; when there's no market movement, the buyer gets eaten first. But if the weather suddenly changes, the seller can also be struck by lightning loudly, and the small premium collected before becomes an insurance policy for "waiting on the weather."

Sometimes, looking at social mining and fan tokens also feels a lot like selling options: you're selling future attention and volatility, platform/project teams collect the time value, and retail investors use their effort as premium to pay... (I'm turning candlestick charts into weather forecasts again). Anyway, what I care about more now is: who is steadily collecting rent, and who is waiting for a miracle from the sky.