Is it worth trading outside RTH?

Discussion in 'Trading' started by Cuddles, Dec 28, 2018.

  1. ET180

    ET180

    I often place GTC outside RTH orders. Many times, I'll have a short option expiring right on my strike with pin risk. I'll watch Friday night or Saturday morning to see if I'm assigned and if so, I'll sell a GTC with outside RTH execution enabled to close out the assigned shares at the strike price that I received. Many times, I have been able to sell shares in pre-market that would not have sold had I waited for the market to open. Of course, I only take pin risk when I'm fine holding the assigned shares as sometimes they don't get assigned and if they do, I'm usually able to dump them pre-market or early in the morning the following Monday. Worst case, I start selling calls (or puts for the case of short assignment).
     
    #11     Dec 29, 2018
    cvds16 likes this.
  2. #12     Dec 29, 2018
    themickey and comagnum like this.