I’m trying to sell cheap calls on some cheap stocks i own, it says that there are bids for this position. However, it won’t sell and robinhood keeps canceling the trade after 2-5 minutes.
I’m confused about robinhood options
byu/Known-Arachnid-2325 inoptions
Posted by Known-Arachnid-2325
4 Comments
So based on what little you have shared, that doesn’t sound right. In such cases, the explanation is usually discovered in the trade details. What’s the ticker, expiration, and strike price? What is the cost basis on the shares? Are you sure you have 100 shares per call? Because not having at least 100 shares per call would cause what you are seeing.
Have you called up RobinHood?
bids for this position?
Check if you have unfilled GTC order on your stock
I have 100 BURU and am trying to sell 5 cent calls for Sep 20th and Dec 20th, the bids are still there if you have robinhood you should be able to see what i’m talking about. It won’t let me sell, i know for a fact i have the shares and i don’t have any pending orders or anything. It lets me place the order but it just does not fill and then gives me a message telling me it’s canceled about 5 minutes later.