What are a bad theta option?
Excuse me, could you elaborate on what a 'bad THETA option' is in the context of cryptocurrency and finance? I'm familiar with options trading and the concept of theta, but I'm not sure how it specifically applies to this particular terminology or how it might negatively impact an investor's portfolio. Is it related to the rate of time decay of an option's value, or does it have a different meaning entirely in this field? Any insight you could provide would be greatly appreciated.