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lets bring back those events the long call and the long put so as time or theres less time until expiration this has a negative effect on both the long call and the long put and as time moves on Theta will actually magnify and what this tells us is as the option nears expiration it has more Decay or Theta accelerates which is something that we need to capitalize on when we are buying options thats why we say never hold an option until expiration because of that Theta Decay and whats important to also know is Theta Decay is not linear the option loses value on a daily basis and the closer we get to expiration it continues to lose more value and more value and more value and that Theta Crush its like it falls off of a cliff about 14 to 21 days until expiration so something that we want to overcome as option buyers and something that can help us as option sellers