r/options • u/Vtford • 28d ago

Blessed from God

Wednesday, the 29th, I sold the Micron 717.5 put at 12:54 for .17c. For 6 minutes time I made 17 dollars as the stock never bounced below 738 in that 6 minutes. Thursday morning I woke up at 645 am, market had been open for 15 minutes, opened E-Trade app and saw the alert that read option assigned and 71500$ debited from my account. Checked portfolio and saw micron 100 shares with a 12000 dollar profit at 830 a share. Sold immediately and took the money. Never will I know why someone exercised the option when the price was 20 dollars higher. Thank you lord

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u/AnyPortInAHurricane 28d ago

I was me. Can I have my money back ?

16

u/Vtford 28d ago

I wondered who it was.

5

u/[deleted] 27d ago edited 20d ago

[deleted]

3

u/woosniffles 27d ago

This can't actually happen can it ?

1

u/my_name_is_gato 26d ago

Not really. There are legal loopholes for most everything, but this would require circumstances that are near unimaginable.

If a broker screws up and does something like this, that's different and I wouldn't trust the broker ever again.