ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Thanks for helping, but does that suggest theta pnl only partially offsets Gamma pnl and not absolutely even if implied vol = understood vol? Mainly because assuming desire fees are zero, there isn't any other source of earning revenue. $endgroup$ the recognized threat https://messiahwaegj.qodsblog.com/34109983/the-definitive-guide-to-pnl