RobinHood - Reddit

First time getting option assigned

Bought 2 contracts for Aug 16 $BYND credit spreads 80/82.5 a long time ago. The hype was just too great on this one. Well my short 80 call got assigned last Friday and got credited 16k as worse case scenario. What is the best course of action? Should I Call RH to exercise my 82.5 call option ASAP? What is my max loss (It’s still the difference in premium prices right?)

First time getting option assigned – RobinHood – Reddit Feed


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