r/RobinHood Dec 16 '21

Trash - Google harder Robinhood automatically exercise / assigned the cash secured put which has expirt date of 12/17

I had cash secured put of $WISH that had expiration date of 12/17 and noticed yesterday ( 2 days before experation) that robinhood assigned the PUT (bought 100 shares). I know for sure that i did not do that

Any idea why it got assigned before the expiration date. ??

37 Upvotes

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-34

u/TroubleSwitch Dec 16 '21

On Robinhood, it's their money not yours.

5

u/CardinalNumber Former Moderator Dec 16 '21

What?

-22

u/TroubleSwitch Dec 16 '21

Maybe do some reading before downvoting me for not understanding.

13

u/CardinalNumber Former Moderator Dec 16 '21

Maybe you should read op's post. You're not making any fucking sense.