Glossary
Theta
An estimate of how much value an option may lose per day from time decay, all else equal.
Short-dated options burn theta faster. That is one reason near-expiry unusual activity can look dramatic — time is scarce.
Glossary
An estimate of how much value an option may lose per day from time decay, all else equal.
Short-dated options burn theta faster. That is one reason near-expiry unusual activity can look dramatic — time is scarce.