$Hang Seng Index - Nov 2022(HSI2211)$$Alibaba(BABA)$$NIO Inc.(NIO)$$NIO Inc.(NIO.SI)$A tale of 2 options. Expiry and Theta burn. HSI look poised for a rally reversing the ‘uninvestable’ tag it has been carrying for the last 6 months. I’m personally vested in baba tencent hsi tech etf nio. , it was hard to bear the downtrend, especially the last month. In between, I sell calls, collect some premiums and bought calls anticipating the market will turn up. Friday big rally moves baba shares 7% higher, however , while my call $75 was on track for the ‘target’ , the expiry date render the option worthless , theta burn on