Example of Theta Crush??
bought 11 $430 call contracts at the beginning of the week in anticipation of upcoming earnings and out of nowhere a bunch of news comes out to negatively affect Home Depot?? Hurricane, dockworker strike, looting on the east coast, and now the Feds say they have no money to help Hurricane Victims??? HD has not moved this much all week. and now it moves in the exact opposite direction of where my contracts are set to expire?? crazy coincidence?? although my contracts expire worthless today I still have a price target of $500
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