Hi
In monthly line bidding for PSA, in the round 2 bid right now, I see there is LCR and R2 and SCR. I also see that some reserve lines start with SCR either 0500 or 1100 which I understand. What I don't understand is the dedicated LCR lines.. is everday long call? Or will they do they're usual and switch you to Short Call?(even with that entire line of LCR?).
Also, is the release time different on the last day whether you have an 0500 vs 1100SCR start time on day1?
Little confusing so thanks for any input
Regards