ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Thanks for aiding, but does that suggest theta pnl only partly offsets Gamma pnl instead of absolutely even if implied vol = realized vol? Due to the fact assuming interest fees are zero, there is no other supply of earning money. $endgroup$ $begingroup$ https://www.youtube.com/watch?v=qMmsQ4kKgY4