ExIRExIR 16711 bronze badge $endgroup$ 1 $begingroup$ Thanks for aiding, but does that suggest theta pnl only partially offsets Gamma pnl and never completely even though implied vol = realized vol? Because assuming interest fees are zero, there is not any other supply of making revenue. $endgroup$ $begingroup$ Assuming that https://pnl85307.ourcodeblog.com/34262169/pnl-options