This morning, I got caught up in some stuff and didn’t look closely at the market. I vaguely remember around 9 AM, ADR was in the red, but I was way too tired to make any adjustments and just fell asleep. When I checked just now, I saw that SK had already flipped from rising to falling, and ADR followed suit. In fact, ADR dropped even harder, which shows that when SK is falling, the premium gets crushed even more aggressively. Currently, my short position is slightly profitable, but I’ve been holding it for a while now. Honestly, this level doesn’t feel great, so I might take profit around $160 and then reassess the market. After all, I’ve still got another short position waiting at $168. This trade has been open for about three or four days now, and to be honest, it hasn’t really made any money. I think I won’t hold positions for this long in the future—taking daily profits and returns seems like a better strategy. @Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.