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Late_Television_1028 t1_iy320d8 wrote

Reply to comment by Ok-Arm125 in Update on my $Tesla puts (They accidentally got exercised): by eliteagentin020

Yeah I think this guys in trouble, he doesn’t realise assignment means he now holds the shares? Any drop in value now is going to hurt

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SateliteDicPic t1_iy3nrvl wrote

Except when you own puts exercising them decreases your stock ownership. I have exercised MANY puts in my life and never once has it resulted in me owning shares of the underlying stock.

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No-Taste8096 t1_iy3gi2q wrote

That's what I was thinking but I wasn't sure if I read his post right

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