Question

define the use of theta​

Answer 1

Answer:

Theta refers to the rate of decline in the value of an option over time. If all other variables are constant, an option will lose value as time draws closer to its maturity. Theta, usually expressed as a negative number, indicates how much the option's value will decline every day up to maturity.

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Answer 2

Answer:

Theta refers to the rate of decline in the value of an option over time.

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