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eliteagentin020 OP t1_iy3em0m wrote

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

Nah i didn't sell anything, I bought the put but it got exercised because i didn't sell before marketclose

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Thanos-Wept t1_iy3lqf5 wrote

Exercising an ITM put just means you’re going to sell at the strike. You‘re saying you’re brokerage bought the shares per your unintentional request to exercise in order to sell them at the strike? Sounds like it will work itself out. May lose or gain a little depending on how it moves. What’s the strike?

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SateliteDicPic t1_iy3nbcu wrote

I’m sorry man but this doesn’t make sense to me. The put gives you the right to “put” 100 shares to someone not own them. How about a screenshot of the trades?

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