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by AlEinstein
2200 days ago
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What’s heartbreaking is that he didn’t trade any leverage at all. He executed an options spread that was worth about $700k on each leg. Due to the nature of buying and selling options, the app showed his position as short $700k because the long leg hadn’t settled yet. All he needed to do was wait and he would have seen the balance go back to what he expected. |
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