ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Many thanks for supporting, but does that necessarily mean theta pnl only partly offsets Gamma pnl rather than thoroughly although implied vol = understood vol? Because assuming desire costs are zero, there is absolutely no other source of making revenue. $endgroup$ La agudeza https://www.youtube.com/watch?v=qMmsQ4kKgY4