I'll preface this as an obvious/dumb question. I had 2 contracts for call buy NVDA $1250 with a 6/14 exp. At midnight I lost 5% of my account, my options doesn't even show, it looks as if it is trying to refresh. When I go into it, it shows I now have 20 contracts at $125, of course RH has no clue and can only tell me to call back on Monday to speak with their options dept. Obviously, it is a 10/1 split, thus why my contracts are now 20 and $125. However, would you imagine this "glitch" (as the rep called it) will self correct, or is that 5% loss permanent?
Posted by kingsraddad
3 Comments
It will all self-correct by open Monday. Ignore the weekend numbers as everyone is still working to update the numbers. Bids/asks probably wont update till the market opens and new bids/asks are put in.
I have one call for July. Not to worried as it should reflect on Monday correctly.
I bet it’s all messed up due to the split, it should correct Monday morning. If it doesn’t, call and talk to them.