Ring ring.
Who's there?
It's your margin call.
Ring ring.
Who's there?
It's your margin call.
Cost to borrow has absolutely nothing to do with puts by the way. Nothing. I may be less smart by buying puts, but wow, it’s certainly been profitable.
All my puts are well in the money. Thanks for caring. You clearly don’t understand what’s happening here.
@khm - smart money is selling these puts to the less smart.
The cost to borrow is just factored into the option pricing. Those puts are going to expire worthless.
Most of us are using puts to short this since the borrowing cost is so insane on this dumpster fire.
Haha. More like auto liquidation. All you get is an email saying your position is closed and you owe us $xxx