ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Thanks for helping, but does that indicate theta pnl only partially offsets Gamma pnl and not totally regardless of whether implied vol = understood vol? Mainly because assuming fascination costs are zero, there isn't a other supply of creating revenue. $endgroup$ The offers https://www.youtube.com/watch?v=qMmsQ4kKgY4