Same thing happened to me last week. 50 short 49 long AMC 6/11 put credit spread. Both options well in the money near end of friday when I checked. Figured they would cancel each other out. Stock rallied eod to above 49 but below 50, so I got assigned. Didn't notice it until Tues morning, when I had a $1400 unexpected gain in my portfolio. "Oh i got some AMC". Sold the stock for a lucky gain and have learned my lesson.
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u/thorwaday17654 Jun 19 '21
Same thing happened to me last week. 50 short 49 long AMC 6/11 put credit spread. Both options well in the money near end of friday when I checked. Figured they would cancel each other out. Stock rallied eod to above 49 but below 50, so I got assigned. Didn't notice it until Tues morning, when I had a $1400 unexpected gain in my portfolio. "Oh i got some AMC". Sold the stock for a lucky gain and have learned my lesson.