http://www.articlealley.com en-us editorial@articlealley.com • Volatility - in general, the greater the volatility of the underlying asset, the greater the time value will be. This is due to the fact that the writer is exposed to a greater probability of incurring a loss, and will require higher premium income ... http://www.articlealley.com/article_38833_19.html 28th March 2006