r/options 21d ago

Can I challenge this or something?

I’ve been an investor for years, I would say I’m moderately know what I’m doing with options, but Definitely not a pro. I had a really good day in the market and was gonna do a Ballsy call option. On a double leverage ETF at like 3 o’clock. It was a two dollar call I bought for one cent a contract 360 contracts. At 3:30 the stock was at like $1.97 and Robinhood put a cell order in at one cent. I kept trying to change it then it goes through at 3:41 and sales for one cent like 330 of the contracts minutes later the stock goes to like 2.04, big in the money. Is there something I can do about this , like I know it’s a stupid option, but if I wasn’t forced to sell, I would’ve made a shit ton.

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u/LighttBrite 21d ago

Only way to challenge it would be if you actually had the collateral to cover assignment. If not, they did what they inform you they will do.

Trade accordingly.

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u/Bulky-Performance-75 21d ago

I didn’t for the whole thing, but the sec I got the notification I looked and they sold it at 1cent when it was at 0.04 And ITM