Drowning in Premium!

#1

I know I dont normally hold on to these ICs this late

But this is just insane

Oops… Market went up to far… so im down $6 now :dizzy_face:

#2

What time did you jump in?

#3

Hopefully that IC worked out for you in the end. Got an IC setup for tonight on NQ with decent premium.

#4

For the one Monday, I hopped in at 3am

Sadly, I was wiped out by 9:45. Guess I kind of deserved it for not following what has worked pretty well so far.

Great premium for Tuesday’s trade!!!

I only did one contract. Ended up making $18 after fees.

But with NQ already down 20 points… didnt want to risk dealing with it going down anymore. The premium on the buy side was pretty much wiped out anyways.

#5

Got out around 6am. I only made $16 after fees. I could have made more if I jumped out at 1am but I didnt want to lose all that premium. Bad idea considering all the volatility lately :unamused:

#6

$16 is still $16 more than you had to start!!

Totally understandable about not wanting to give up all that premium… Sometimes you just look at it and its like Woah!

But I would rather give some up, rather than wish I had some to give up… Easier said than done of course.

Hopefully you made a killing last night/this morning!