ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Thanks for supporting, but does that mean theta pnl only partly offsets Gamma pnl and never completely although implied vol = realized vol? Due to the fact assuming interest charges are zero, there is absolutely no other supply of building money. $endgroup$ La https://www.youtube.com/watch?v=qMmsQ4kKgY4