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Old 04-04-2018, 07:21 PM   Nav to Top  #1
Joeycamaro
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Default Help with options

Oh man you guys are gonna tear me apart. So I dove into options "thinking" I had it figured out and ofcourse I didn't. I bought a put option on fb to fall below 152.5 by April 6. Looked good at first then started going up and of course at that point I start "really " researching the err of my ways. Scared, I sold the option for an $80 loss. Robinhood says its closed, moneys there and all seems fine on the front.

But I am not fine. So I start really digging and find out about being assigned, margin calls, naked shorting..etc. I bought this and robinhood told me I'd only lose my investment, but if I get assigned I'm looking at paying up 15k I do not have. Am I wrong In thinking this? What can I expect in the next coming days? I just use standard robinhood not gold and I only had $300 when I did this.
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