Recently been thinking about the mechanism of put options and wanted to share a thought. Roughly calculating, these types of options are more likely to get filled within the price range of 3200-3250. The total cost is about 3.46 multiplied by 70.2, plus transaction fees, totaling just over 245 USD. The key point is—if you're lucky and within a few hours after placing the order, Bitcoin drops to 3100, this 245 USD investment could grow to over 1000 USD, making the return quite substantial. But it's a double-edged sword; over time, the value will gradually decay, which is also a characteristic of options. So my current strategy is to consider canceling orders after 4 PM every day. Honestly, this approach looks very tempting, but it’s also easy to lose money, so I’ve always felt it’s more like a guaranteed win situation. However, I won’t force you to join in gambling, after all, profits and losses are your own responsibility. Why are there so few systematic teachings about this in the trading community? Probably because there’s not much profit margin.