I shared just a few days ago how an early assignment (on the SELL PUT leg) of my Apple BULL PUT Spread (9 contracts) resulted in a major loss of USD 3k instead of a max loss of USD117 on the spread. You may refer to this article for reference:My Vertical Spread Disaster, How Max … Continue reading History Repeats! With Another Early Assignment Of Vertical Spread But I Made A Profit Of USD2.25k | What Went Right?
This was supposed to be a safe low-loss trade that went terribly wrong due to some bad decisions that I made. Hopefully, you can learn from my mistakes and not make these decisions that can balloon your losses. On 21 Nov 22, I had 20 open contracts of Apple Bull PUT Spread. I received USD4.87 … Continue reading My Vertical Spread Disaster, How Max Loss USD117 Became USD3,036 Loss | What To Do (& Not To Do) When One Leg Of Vertical Spread Gets Assigned