So today I bought 3x $SPY 527c 0DTE contracts. At 3:30 I got squared off on 2 of them but $HOOD kept 1 open.
Now I slept and when I woke up I got this message
For fkn 160$ profit I now have to be on the hook for 100 $SPY till Monday on margin 😔.
TLDR: don't smoke some and trade, rather have some coffee and Zyn. Caffeine n Nik is better 💅.
Also, some rockets for no reason. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
https://i.redd.it/ihcj9xuu6w3d1.jpeg
Posted by NotEvil_WSB
10 Comments
https://preview.redd.it/mti2wryg9w3d1.jpeg?width=1170&format=pjpg&auto=webp&s=2f9edc530e47a9cecdc73409207a7b913af4398f
Doesn’t this rarely happen
Damn, this is rough lol. 
Unless spy tanks premarket Monday, you made money….
wait a minute how tf does this happen?! i though you could only lose the premium for the contract?!
doesnt this happen only if you sell naked calls or someshit!?
so if i buy shit 0DTEs i can just get a random event and be on the hook for 100 shares of whatever?
can someone explain this to me as if i was a dog i dont understand
Have you tried deleting the app.
How does this happen? Huh
Dude. You’re fine. This happens rather frequently if you do multilegged options on RH, and is always fixed by market open the next trading day. Even in the astronomical chance it failed you didn’t lose that amount, instead you just need to buy that amount in shares. I’m getting tired of seeing these posts lol
Arf so bad… Your work will cover your losses..
Is this why it closed my ITM 526 Call 5/31 option even though I wanted to let it expire?
https://robinhood.com/us/en/support/articles/expiration-exercise-and-assignment/#:~:text=To%20determine%20if%20an%20option,order%20to%20close%20your%20position.