## Comment on Theta

I think premium should be sum of intrinsic value and extrinsic value(implied volatility + Time value)..You just stated time value and ignored Implied volatility..If Implied volatility increases it will definetely increase premium..

I think premium should be sum of intrinsic value and extrinsic value(implied volatility + Time value)..You just stated time value and ignored Implied volatility..If Implied volatility increases it will definetely increase premium..