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12/10 Thread (BC):
How serious is the investigation into LCA?? Do all SPACs typically go through these?
https://www.globenewswire.com/news-release/2020/09/17/2095218/0/en/SHAREHOLDER-ALERT-Kaskela-Law-LLC-Announces-Investigation-of-Landcadia-Holdings-II-Inc-LCA-and-Encourages-LCA-Stockholders-to-Contact-the-Firm.html
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Coach
It’s continuous. What u see is the daily theta but it’s entirely continuous like a derivative (calculus). Comes from the other inputs of black scholes
theta is continuous but if you buy and sell within a day, it probably won’t make a difference. a notable exception is options with very short expiry, like ones expiring same day.
Thanks both!