ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Many thanks for aiding, but does that suggest theta pnl only partially offsets Gamma pnl instead of fully even if implied vol = understood vol? Due to the fact assuming fascination costs are zero, there is not any other supply of producing revenue. https://angelosiuha.vidublog.com/33107141/5-simple-statements-about-pnl-explained