# Is Options time decay is more on weekend?

**URL:** https://tradingqna.com/t/is-options-time-decay-is-more-on-weekend/118365
**Category:** F&O
**Created:** [September 10, 2021, 3:53am UTC](https://tradingqna.com/t/is-options-time-decay-is-more-on-weekend/118365 "2021-09-10T03:53:25Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![ramkumar22](https://tradingqna.com/user_avatar/tradingqna.com/ramkumar22/32/39181_2.png) [@ramkumar22](https://tradingqna.com/u/ramkumar22)
#### Post date: [September 10, 2021, 3:53am UTC](https://tradingqna.com/t/is-options-time-decay-is-more-on-weekend/118365/1 "2021-09-10T03:53:25Z")

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Dear friends,  
I am having doubt on option’s theta time decay.

Let assume I sold strike which is having theta value of 5rs (forget about other Greeks), if next day nifty closes on the same price, then theta value 5 will get reduce right (forget about volatility changes as well), if I do the same on Friday, will I get profit of 5 rs Monday or will i get 3x5rs (sat, sun, mon) on Monday evening?

EXAMPLE:  
On thursday I am selling nifty 17000PE as Rs. 300 when nifty is 17400. On next day nifty and all Greeks are remains same then I will get time value (May be Rs. 5 -10) as MTM profit on Friday. If Monday will also nifty closes the same price and same Greek value, will I get profit of 2 days time value or 4 days time value.

Thanks in advance

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### Author: ![Ragavendran\_V](https://tradingqna.com/user_avatar/tradingqna.com/ragavendran_v/32/28191_2.png) [@Ragavendran\_V](https://tradingqna.com/u/Ragavendran_V)
#### Post date: [September 10, 2021, 4:44am UTC](https://tradingqna.com/t/is-options-time-decay-is-more-on-weekend/118365/2 "2021-09-10T04:44:39Z")

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Time decay is more on weekends. You would observe a slightly bigger decrease in premium at Friday close itself, everything else being equal.

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### Author: ![AlgoEye](https://tradingqna.com/user_avatar/tradingqna.com/algoeye/32/60706_2.png) [@AlgoEye](https://tradingqna.com/u/AlgoEye)
#### Post date: [September 10, 2021, 6:06am UTC](https://tradingqna.com/t/is-options-time-decay-is-more-on-weekend/118365/3 "2021-09-10T06:06:03Z")

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There is no free money in the market.things gets factored in already in pricing before holidays/weekend
