Description
Option Theta is a hedge parameter, one of the so-called Greeks. Also known as time decay, it is a measure of sensitivity of option price to the passage of time.
Theta is negative for long option positions; for short positions, it is positive.
Plots
| Plot | Description |
|---|---|
theta
|
The Option Theta plot. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.
Past performance is no guarantee of future performance.