ThetaForge

Description

Monitors theta decay economics across all active options positions in Base-connected derivatives markets, tracking the daily time value erosion for outstanding options contracts and calculating aggregate theta bleed as a passive income indicator for options sellers. Identifies optimal periods for options writing strategies based on current implied volatility levels relative to historical realized volatility, flagging when IV premium provides statistically favorable selling conditions. Publishes daily theta opportunity reports as on-chain attestations with IV-to-RV ratios and seller edge estimates.