[ Theon’s grip on the knife isn’t particularly tight, given his shaking. If Ramsay were to pry it away from him, he would find the golden kraken of House Greyjoy emblazoned onto the hilt. It’s been gifted to him by his sister, and she has one to match, making it a particularly risky theft. He still doesn’t know why she gave it to him. Perhaps it was for this purpose: to kill Ramsay. He’s very likely to dwell on that later, if his muddled thoughts allow that much clarity.

He desperately wishes everything would just stop: the world spinning around him, the thoughts rushing around his head, the heavy guilt crushing down on him. He only needs a moment, just one moment to collect himself, but it isn’t granted to him. All he can do is blink his way through the haze and struggle to find a response. ]

It would have been just as well, after Robb’s death. He was the only reason you were keeping me alive and at the Dreadfort.

[ But he wonders vaguely if Robb had arrived at the Dreadfort, if Robb had made any orders regarding Theon's fate before his untimely death. He's been so silent here, so angry. He'll hardly speak to Theon, and despite having dozens of opportunities, he hasn't cut Theon's throat. Perhaps Robb knows more than he lets on, and if so, Theon's lost one more person he trusts. ]

Am I wrong?