ExIRExIR 16711 bronze badge $endgroup$ one $begingroup$ Thanks for aiding, but does that imply theta pnl only partially offsets Gamma pnl instead of absolutely even if implied vol = understood vol? Because assuming desire costs are zero, there isn't a other source of creating funds. $endgroup$ Meanwhile it's the close https://www.youtube.com/watch?v=qMmsQ4kKgY4