This morning when I woke up, I saw that ADR was in the red, so I didn’t continue to watch it. As expected, SK's upward momentum is not very strong, which increases the likelihood of ADR killing the premium. Currently, I have a short position at 168 USD, and I'm not sure if I can profit from it.
The short position at 161.2 USD has not been closed yet, and I also haven’t added to my position temporarily. I just want to see how ADR reacts if SK changes slightly. If I notice an upward trend in killing the premium, I will increase my shorting efforts.
Recently, I only have three short positions, all of which are at a loss. I hope that staying at a haunted hotel in Taipei can help hedge a bit. 😂😂😂
@Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFD, and prediction market all-in-one trading

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