ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Many thanks for serving to, but does that necessarily mean theta pnl only partly offsets Gamma pnl instead of thoroughly although implied vol = understood vol? Mainly because assuming desire costs are zero, there is absolutely no other source of making revenue. $endgroup$ https://rowannruyb.fireblogz.com/65348550/little-known-facts-about-pnl