ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Many thanks for supporting, but does that signify theta pnl only partly offsets Gamma pnl instead of entirely whether or not implied vol = realized vol? Due to the fact assuming curiosity charges are zero, there's no other source of making revenue. $endgroup$ https://www.youtube.com/watch?v=qMmsQ4kKgY4