Time Decay (Theta): The options lose value as the expiration date nears, which is a negative for option buyers.
•Risk of Huge Losses for Option Sellers: Sellers, especially of uncovered options, can potentially face unlimited risk if the index moves considerably against their position.
•Effect of Implied Volatility (Vega): Option prices are volatile to shifts in market expectations ... https://topcollegesadmission.in/college-list/bca/mumbai