ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Many thanks for supporting, but does that signify theta pnl only partly offsets Gamma pnl instead of thoroughly even when implied vol = understood vol? Because assuming curiosity charges are zero, there isn't a other supply of creating money. $endgroup$ Depreciation = benefit https://www.youtube.com/watch?v=qMmsQ4kKgY4