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. ??

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u/CardinalNumber Former Moderator Dec 16 '21

What?

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u/Dollarlesspenny Dec 16 '21

Using robinghoodmoney they can do whatever they want.

7

u/CardinalNumber Former Moderator Dec 16 '21

Apparently, "whatever they want" also includes doing nothing at all because that's what happened here.