Noob question: unrealized P&L

Yes options are a different kind of asset class

 

Brilliant response.

The defense rests.

 

I wasn't talking about implied volatily (this IV) but intrinsic value (this other IV). Intrinsic Value increasing faster than Time Value is decreasing.

 

There is no 'other IV'. Everyone interprets IV to mean implied volatility.

 

Right. And if spot rose, most likely IV didn't outpace theta? Unless this is copper!!

 

IV = intrinsic value?

That's a first lol

 

Go read!

https://en.wikipedia.org/wiki/Intrinsic_value_(finance)
https://www.investor-one.com/academ...-different-Intrinsic-Value-calculation-models
https://www.wallstreetoasis.com/finance-dictionary/what-is-intrinsic-value-iv

 

Good for you. You found some web sites that also misuse IV as intrinsic value.

One of your links is to an article written by Patrick Curtis of the Wall Street Oasis Editorial Board. Click article's link: "Return to Financial Dictionary". Then click on their list of terms that begin with the letter I and look for "Implied Volatility". It's not there. Does that mean that there's no such thing?

Do a google search on "IV option" and let us know what the results are?
Got intrinsic value?

 

Dumb ass! Who said IV can't mean Implied Volatility?
If you're too retard to understand abbreviations from their context, don't use them!