Every option loses value over time. That is not a bug. For option sellers it is the entire business model. Episode 9 of Where Do I Start covers theta, the Greek that tells you exactly how much an option is expected to decay for every day that passes. If you buy an option you have negative theta. Time is working against you every single day. If you sell an option you have positive theta. Time is working for you every single day. The magnitude is the same. The sign is opposite. Jim Schultz walks through both sides live on Apple in the tastytrade platform showing exactly what that looks like in practice. Understanding this changes how you think about options entirely. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 0:00 Episode 9: theta the second most important Greek 1:00 What theta ac...