The money in expiry options was always meant for market makers.
One guy admitted defeat: he kept buying call options all the way—until his ammunition ran out, and on the very last day before expiry, Bitcoin surged straight from 75,000 to 81,900. He fell on the last bus. Ouch. But I have to say, this ending was written the moment he staked his whole fortune on the expiry date.
I talked about this earlier: expiry options aren’t an investment—they’re a bet on whether you can catch the last bus. Time value is a wall that moves every day. On expiry day it goes to zero. You can’t outlast the calendar. You can’t outspend time. How many people don’t wait for the reversal and just cut losses and leave? It’s not a coincidence—it’s math.
The ones hurting most in this move are the call buyers: they bet the direction right, but the money didn’t wait for them. From 75,000 to 81,900, there was room for a 16,900-point swing in one night—and yet somehow some people couldn’t get in time. The reason is simple: the bullets they had to add more were fired first. The people washed out weren’t the ones who guessed the direction wrong—they were the ones who didn’t have enough time.
If you ask me, instead of gambling on expiry, it’s better to just hold honestly. Our family’s doge—the dog that the Dogecoin Godfather teaches—walks the slow path: someone keeps company every day, someone remembers it, and attention stacks up little by little. Slow, but every day. Expiry options decide life or death overnight; popularity is about being in the market every day. Whichever one is real, everyone can do the math.
One thing to watch tomorrow morning: for the next expiry batch, will these call buyers dare to bring principal to the table? If they dare to enter, it means the batch that thinks 81,900 will get un-restricted and there’s more to come really believes it. If they don’t, then this rally is just fever—looks good, but it won’t actually do the job. You don’t have to wait long for the answer. The next expiry date will get up and tell you.
🐶 Come watch the Dogecoin Godfather’s puppy ✨🚀
One guy admitted defeat: he kept buying call options all the way—until his ammunition ran out, and on the very last day before expiry, Bitcoin surged straight from 75,000 to 81,900. He fell on the last bus. Ouch. But I have to say, this ending was written the moment he staked his whole fortune on the expiry date.
I talked about this earlier: expiry options aren’t an investment—they’re a bet on whether you can catch the last bus. Time value is a wall that moves every day. On expiry day it goes to zero. You can’t outlast the calendar. You can’t outspend time. How many people don’t wait for the reversal and just cut losses and leave? It’s not a coincidence—it’s math.
The ones hurting most in this move are the call buyers: they bet the direction right, but the money didn’t wait for them. From 75,000 to 81,900, there was room for a 16,900-point swing in one night—and yet somehow some people couldn’t get in time. The reason is simple: the bullets they had to add more were fired first. The people washed out weren’t the ones who guessed the direction wrong—they were the ones who didn’t have enough time.
If you ask me, instead of gambling on expiry, it’s better to just hold honestly. Our family’s doge—the dog that the Dogecoin Godfather teaches—walks the slow path: someone keeps company every day, someone remembers it, and attention stacks up little by little. Slow, but every day. Expiry options decide life or death overnight; popularity is about being in the market every day. Whichever one is real, everyone can do the math.
One thing to watch tomorrow morning: for the next expiry batch, will these call buyers dare to bring principal to the table? If they dare to enter, it means the batch that thinks 81,900 will get un-restricted and there’s more to come really believes it. If they don’t, then this rally is just fever—looks good, but it won’t actually do the job. You don’t have to wait long for the answer. The next expiry date will get up and tell you.
🐶 Come watch the Dogecoin Godfather’s puppy ✨🚀