Recent content by purpledawn

Thx for asking - since I was already way maxed out on margin d/t the assignment, I thought I wouldn't be able to close just one leg as I would then be margin deficient on the short puts. That said, I was also trying to reduce my execution risk (lol !!!) by doing the transaction as a spread, and...

Just got F*kd by IB's auto liquidation! I had a bunch of multi leg SPY spreads, with a small delta. I got early assigned this morning on 65 puts 2 days to expiry and found myself with 1.x Million worth of spy on a 70k account, so margin deficient, fair enough. Since the assigned options were...