JustSayingMuch

JustSayingMuch t1_iy39goe wrote

OP, you could not have been assigned shares if you bought puts (the right to sell shares). Did you sell a naked put (obligation to buy shares if assigned) in a downtrend for $200 premium? Sell the shares at open and move on with any profit or loss. If you wait too long, your brokerage will likely sell automatically to collect the debt, with a greater loss or profit for you. GL

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JustSayingMuch t1_iuk8wc8 wrote

You're emotional because your positions are too large. Save up some fun money, then reenter with a few 1% positions. Work on consistently following your rules, then look for profit. Never bet more than 10% of your cash on options. You'd still have over $400 if...

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