Question

what is theta?
plz answer ​

Answer 1

Answer:

The term theta refers to the rate of decline in the value of an option due to the passage of time. It can also be referred to as the time decay of an option. This means an option loses value as time moves closer to its maturity, as long as everything is held constant.

Answer 2

It is the eighth letter of the Greek alphabet, derived from the Phoenician letter Teth.

refer attachment to view it's symbol.