Recent content by Bigwheel777

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    Brokerage Closed OTM Bull put spread

    Thanks to all that had informative and meaningful replies.
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    Brokerage Closed OTM Bull put spread

    I very wrongly thought my max loss was capped at $100,000 (spread x 200 contracts) - I know otherwise now on physical settlements (vs cash settlements).
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    Brokerage Closed OTM Bull put spread

    Sig - thanks for the reply
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    Brokerage Closed OTM Bull put spread

    PS - I really like and respect posts by Jimmyjazz - I would like to hear from you if you see this - Thanks !!
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    Brokerage Closed OTM Bull put spread

    Ok - I know this is an old topic, but given the confusion I've seen on past threads, I wanted to revisit it and understand it.. cuz it just happened to me. I'm a new trader, mistakes abound, and I want to learn from the best. I had a bull put spread on AMZN 1865 1860 - 200 Contracts last Friday...
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