Recently, someone has been watching large on-chain transfers and unusual movements in exchange hot and cold wallets, shouting "Smart money is coming."

I actually feel like waiting a bit longer… waiting for confirmation, waiting for a pullback, waiting to think things through clearly.
Speaking of options, the biggest fear for buyers isn't being wrong about the direction, but that time gradually eats away at the premium;
for sellers, it looks like collecting rent every day, but in reality, they are waiting for a volatility spike to wipe out all the gains they've accumulated before.
Anyway, I'm now more concerned with "betting with time":
are you spending money to buy time, or selling time for some small change?
Think it through before acting, otherwise, even if slippage doesn't steal your profit, time decay will wear you down first.