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Drivesabrowntruck t1_jaa1zcs wrote

The special dividend wasn’t accounted for, before those options were written, so Theta was already priced in. Short sellers have to pay the DIV on shares shorted, so they took a hit on the strike price they borrowed at, if not hedged

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CheeseSteak17 t1_jaa42i5 wrote

All options had the strike lowered by 0.65, which accounts for the special dividend.

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