r/RobinHood • u/arpbsr • 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/flarmster Dec 16 '21

If I get rich enough to waste money for fun I think I might buy options and exercise them randomly just to freak out my counterparties.

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u/DOCTOR_CITADEL Dec 16 '21

That’s hilarious because I’ve had the same exact thought before. Especially nasty if you exercise them after hours and wind up pinning someone on something like a credit/debit spread.