HeremesThanks for that info, but doesn't decay mean that it...

Heremes

Thanks for that info, but doesn't decay mean that it isn't 1:1.

I know options is a science that eludes me.

I have used options way in the past but wasn't as clever as you, and seemed always on a hiding to nothing.

Just mentally lazy in my dotage I suspect, and have no excuse for not attempting to understand the nuances of good trading.

But thankyou for your explanation.