i'd probably end up clogging up this forum if i made a thread for all of my questions on options, so going to keep it compacted. i bought options volatility and pricing and read some of it today, there is one part i don't get: the intrinsic value is the amount that the option is in the money, but the time value is the other part , so time value is premium-intrinsic value. i don't get then how time value can be determined by supply and demand, surely it is simply the remainder, how can time value change without intrinsic value changing? Yep, i have a lot of work to do! aim of this thread is to gain a long term extensive knowledge of options, im certainly not here to teach!