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MammothLover21 t1_je33blq wrote

Reply to comment by hishazelglance in It’s about time Signature unhalted by hishazelglance

I’m 99% sure you lost easy money here.

You could have put your price at $49.50 and a market maker would immediately bought you option and executed your option for you.

My guess is you did the midpoint suggestion from Robinhood on the spread or just did a market order and hit the open bid price.

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hishazelglance OP t1_je33qaq wrote

Midpoint was 44.50ish, and I executed at 46.75. Not going to go through making a new fidelity account and doing all that extra work just to risk illiquidity in the OTC market.

It’s easy to critique when you have hindsight. Send me a post next time you have puts on a company that delists and goes under so I can learn from your wisdom 😉

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MammothLover21 t1_je348rd wrote

Idk wth you talking about with that spread, you can literally check the options chain here: https://finance.yahoo.com/quote/SBNY/options/

$50 put options were selling for $49+. I’m sorry Robinhood shafted you.

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hishazelglance OP t1_je34krl wrote

Idk why you’re apologizing or care this much to correct me, you made less than me today and probably in general too LOL.

It’s supposed to be a fun gain post, why do fat top hat discord mods like you try to forcefully exert your intelligence on others? Send me that all time chart or move on bud

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MammothLover21 t1_je34ruq wrote

I saw a very obvious misprice and how you got shafted by your brokerage.

I’m telling you for next time so that you can learn how to make that easy $600 extra, but you’re clearly seeing it as an attack.

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