Volatility in the market has increased.
The total Theta of my portfolio was 1150;
Now it is 1230; at around the same Spot Price.
Quite clearly, it is a bad time to buy Options. Good time to sell.
The total Theta of my portfolio was 1150;
Now it is 1230; at around the same Spot Price.
Quite clearly, it is a bad time to buy Options. Good time to sell.
Total Theta is back down to 1138; In addition, 62/59 premium fell by Rs.20 in one single day. Volatility has shrunk. Probably a good time to take partial profit on my strangles.
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