Question: Theta is a time decay parameter measuring the decline in option premium as time to expiration shortens. Therefore, a. Theta is only negative if the
Theta is a time decay parameter measuring the decline in option premium as time to expiration shortens. Therefore,
| a. | Theta is only negative if the option is in-the-money | |
| b. | Theta is only positive if the option is in-the-money | |
| c. | Theta is positive | |
| d. | Theta is negative |
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