ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Thanks for supporting, but does that signify theta pnl only partly offsets Gamma pnl instead of fully even when implied vol = recognized vol? Mainly because assuming interest prices are zero, there's no other source of generating dollars. $endgroup$ WillWill 13344 bronze badges https://www.youtube.com/watch?v=qMmsQ4kKgY4