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As you do this you should begin to feel a slight vibration in the stem of the feather. Reading Theta Value Compare the theta values for MSFT Trainingg Options with 29 days left to expiration above and the same call options with 183 days left to expiration in the picture below and you will notice that stock options Traoning a longer expiration date has a lower theta value and therefore a lower rate of time premium decay than stock options with a shorter expiration date.

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