Theta is a measure of the time decay of an option, and vega measures the sensitivity of the price of an option to changes in implied volatility of the expiration you're trading. When selling option contracts, theta can be viewed as the opportunity, and vega can be viewed as the risk we hold. Learn more from Mike about the theta/vega relationship and what affects them.

0:00 Introduction
0:58 Theta Recap
3:58 Vega Recap
8:09 What Affects Theta and Vega?
11:47 Key Findings
14:40 Takeaways: Theta/Vega
15:58 Questions/Contact info

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