Temporal is a big word.
I think you added it as a filler.
A zero sum game is always zero sum. So you can’t always lose being long an option (because of theta) and being short an option (because of gamma). And we know no one gives a fuck about delta so we’ll ignore that.
I think you added it as a filler.
A zero sum game is always zero sum. So you can’t always lose being long an option (because of theta) and being short an option (because of gamma). And we know no one gives a fuck about delta so we’ll ignore that.
You obviously didn't understand what I wrote. I never doubted the fact that it's not a zero-sum game on an individual basis i.e. when one person wins, the other person must be losing by the same amount but I just observed that the payoff from that zero-sum game is not equitable or symmetrical on an overall temporal basis.
It's OK you don't get it.