ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Thanks for supporting, but does that necessarily mean theta pnl only partly offsets Gamma pnl instead of entirely regardless of whether implied vol = understood vol? Simply because assuming desire premiums are zero, there isn't a other source of building money. $endgroup$ $begingroup$ https://pnl02334.blogozz.com/33213347/indicators-on-pnl-you-should-know