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ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Many thanks for serving to, but does that mean theta pnl only partially offsets Gamma pnl instead of entirely regardless of whether implied vol = recognized vol? For the reason that assuming fascination premiums are zero, there's no other supply of building money. https://www.youtube.com/watch?v=qMmsQ4kKgY4

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