ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Thanks for aiding, but does that indicate theta pnl only partially offsets Gamma pnl and not totally even though implied vol = realized vol? Since assuming curiosity prices are zero, there isn't any other source of producing cash. $endgroup$ I am notably considering https://collinycehj.worldblogged.com/40135934/not-known-factual-statements-about-pnl