Why Option Theta Is an Important Greek
Posted on Tuesday, December 7, 2021 at 10:17 AM
Dan Passarelli, CEO - Market Taker Mentoring
People often ask why option theta is an important Greek. And it's because every option position makes or loses money as a result of time passing. That means, smart traders will want to measure it. If a trader knows how much he or she makes or loses as a result of time passing each day that trader will make more money.
This video discusses how to use the option greek theta when buying calls, selling option credit spreads and really any other options strategy you could use.
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