Hi, Does theta decay occur overnight? If so, generally speaking, how much does this impact the overall daily decay? I know theta is a mathematical model and not a mechanical formula that can be applied in real-world. But, in general, how does overnight theta decay contribute to overall theta decay, all things being equal? I've read different answers, that it theoretically doesn't, and that it theoretically does, but I have not seen anyone anywhere try to define more precisely how post/pre-market theta generally contributes to overall theta... E.g. if theta is -0.10 on a $1.00 option, theoretically this option will be worth $.90 in 24 hours, but if 16-18 of those hours are offmarket, generally, what % of that .10 occurs in the off-market? Appreciate any insight, thanks.