/biz/ - Business & Finance

I have a question. How much does theta affect the value of an option that is ITM? I know theta decay devalues OTM options to 0 by expiration, but what if a $1 option suddenly goes ITM at expiration? How does this expiration price compare to the price you say sold that option at (OTM) 30 days prior?
basically im asking, if you sell an OTM call with say delta ~ 0.3, wait till expiration, and the call suddenly goes ITM, will you still make money even if you have to buy the call back (and then in theory roll it)

thoughts on KNDI?

>>19598857
you post this in every thread. what is your point with this? because ONE ip GNUS uses from their many, many ips is connected to the reincarnation of one company that scammed people in the dotcom bubble like everyone else, this suddenly invalidates every other good thing the company has going for it? again, im unironically curious, because you post this in EVERY THREAD where GNUS is mentioned with no conclusions drawn