An interesting aspect about last night was that the AP misreported the election numbers for about 5-10 Minutes last night sending the Arkansas Democratic Primary market into a frenzy. The price for Lincoln went from 90% to 20% in minutes. It cost a me a little money in the sense that I didn't make as much as I could have because I exited out of my positions when I was hoping to hold on to them until expiration. However, I was making trades throughout the night so I was able to make what I had originally set out with my original bet but I could have made double had AP not made that screw up or if I hadn't noticed. Below is a screenshot of the time and sales chart and you can see the dip caused solely by AP's reporting of the numbers.
It has been a lot of fun trading these last couple of weeks but unfortunately I am probably going to be out of commission for a while. I have to withdraw most of my funds and probably will not be able to make any of the bets I usually make. I'll try to keep posting box office predictions and will post on any good deals I may find but the regularity of my posts will not be as frequent as they were before I went on vacation. I'll try to be back trading as much as possible before November. For liquidity purposes I am selling some Rand Paul contracts at 65% and some Spotify contracts at 62.5%. I would keep holding on to both until expiration but having some little margin at this point would be preferred. If anyone would be willing to take them off my hands, it would be most appreciated.
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