ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Thanks for aiding, but does that suggest theta pnl only partially offsets Gamma pnl rather than completely even though implied vol = recognized vol? Simply because assuming desire premiums are zero, there isn't a other source of creating cash. $endgroup$ $begingroup$ I estimate https://pnl03578.blogdun.com/34749065/indicators-on-pnl-you-should-know