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dasboot523 t1_ja5e5gt wrote

It's theta gang time for the next couple months

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Ambitious_Theory_171 t1_ja6ujkj wrote

It's always a good time to be a member, the only guarantee in life is that time always passes

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remindsmeofbae t1_ja82qqs wrote

Can someone please teach me how to make money with theta?

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remindsmeofbae t1_ja82usb wrote

I understand calls and puts. But, theta is confusing.

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dasboot523 t1_ja87lbk wrote

If you understand Calls and Puts you understand Theta. Someone is on the other side of all those trades you make that person is Theta. When you buy a SPY option 1 week to expiration for $300 the person that sold you that contract is hoping it expires worthless. The theta value on a contract is how much the price of an option should decrease each day as the option nears expiration, if all other factors remain the same.

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