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masterplum
08/12/21 2:36:03 PM
#14:


Lopen posted...
Yeah uhh I think a lot of that information is readily available if you have the right resources (ie you're a market maker). I don't believe it was a coincidence you were getting assigned.

Lesson to learn there is not do spreads where execution means you lose money ever.

Eh, that's probably not true. In theory assignment should be good for me as it makes the intrinsic value of my short options zero.

The issue was that it was so far out of the money the long options intrinsic value was also zero

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