ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Many thanks for aiding, but does that necessarily mean theta pnl only partially offsets Gamma pnl and not totally even when implied vol = realized vol? Because assuming desire fees are zero, there isn't any other supply of building income. $endgroup$ Depreciation = https://martindinsv.ageeksblog.com/32972512/5-easy-facts-about-pnl-described