Woke up this morning and saw that ADR was already in the red, so I didn’t bother looking further. As expected, SK’s upward momentum isn’t very strong, which increases the likelihood of ADR killing premiums. Right now, I’ve set up a short position at $168—no idea if I’ll be able to catch it. The $161.2 short position hasn’t been closed yet, and I haven’t added to it either. I’m just waiting to see how ADR reacts if SK makes small moves. If I notice an increasing trend of killing premiums, I’ll ramp up my short positions. Currently, I’ve got three short positions in total, all of them floating losses. Hoping that staying in a haunted hotel in Taipei might help offset the bad vibes. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, prediction markets—all-in-one trading platform.