I reversed with 10 contracts . . . so net long 6 contracts seconds after the open yesterday. I pulled out 10cents on each 6 contracts for 3k. But still in the hole from the original shorts.
I think limits are removed 2 business days before the spot month. So limit up/down is 30 cents ($1500) everyday. Market reopens at 4pm PST. You can get out then . . . hopefully. Sit there and watch the screen. If you have streaming quotes I have noticed even before the market opens the...
Took me 1hr for a fill a few weeks ago on the overnite limit up. Theres probably about 4k bids at once and like I said if you are one of the first you can get a quick fill.
Sorry I had a brain freeze. I for some reason thought we were only dealing with futures. I know nothing about stocks other than my broker losing me 50k in 1 week. I called it quits in the 90's.
I BELIEVE for the ES, YM, NQ, ER the closing price is off of the 1:15 pst close. If not follow the big contracts. Find the times of open and close for the PIT TRADED FULL SIZE CONTRACTS. You should be able to ride off of those prices.. . I think
Assuming you are short I would place a buy limit order at the limit up price. Depending on how early on you place the order it should get filled fairly quickly. If not wait till 4pm PST with your LIMIT order ready to be submitted once the market opens.
PS WHY ARE YOU SHORT THE GRAINS!?