It's trading like an ATM option on announcements expevtations right now. Bought up on theta on Friday. Sold down on no news yesterday and this morning. Bought up again in afternoon on expectation of a TH before tomorrow open. And so on.
Been fun playing the opposite on that and a nice earner. Left with a free hold that hopefully when I turn my phone on on other side of world tomorrow after close will be good news. If not more theta bleed I guess but it's just noise in the big picture which looks very rosy.
Trade the volatility or not your choice but don't end the day without being long or you may miss the big Ann imho
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It's trading like an ATM option on announcements expevtations...
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