Timing My YINN Call: Entering Just Before the Close

Tonight, I decided to enter my YINN call option position 30 minutes before market close, specifically to avoid the day's intraday volatility. I bought 5 call options expiring on November 15th, at $12 each, totaling $6,000. This amount comes from the profits I earned from my previous YINN trade, plus the gains from selling my China stocks.

As expected, YINN had a sharp dip earlier today and made a V-shaped recovery, just like I predicted. However, I thought this move would happen in the last hour or so, not so early in the session. Unfortunately, I missed the chance to buy at a lower price, but it doesn’t matter. I’m confident that we’ll see two consecutive limit-up days tomorrow and the day after.

I’m rolling my earlier gains into this trade, and the plan is to capitalize on the short-term momentum. Wishing everyone luck—take your profits when you can, and good luck to all (including myself)!