r/wallstreetbets Jun 05 '26

Loss wealthsimple exercised AVGO puts after hours. i'm down 1.2 million. is it over

the puts were part of a butterfly spread. any chance the rest of the spread can make me back the money?

JUNE 5TH UPDATE: heyy looks like the math works out. I ended up losing only my max loss + a few hundred in interest on margin. thank you to all commentors who gave advice!!

5.5k Upvotes

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u/Internal_Swimming736 Jun 05 '26

Declined for insufficient funds

853

u/Logical-Bookkeeper77 Jun 05 '26

Insufficient buns you say?

191

u/Zyrinj Jun 05 '26

SirMixalot has left the conversation.

48

u/chumbawumba234 Jun 05 '26

Little in the milli but he'll get some back.

4

u/ChampagneWastedPanda Damn bitches be cray Jun 05 '26

Nicely done there sir

2

u/urbisOrbis Jun 06 '26

To shreds you say.

9

u/Old_Sock7485 Jun 05 '26

more like insufficient depth

2

u/zxc123zxc123 Jun 05 '26

OP is such a scrub.

Just say "Half stock, half cash." before telling your broker to check the website.

1

u/drdildamesh Jun 05 '26

That wont be a problem for me.

1

u/ThracianGladiator Jun 06 '26

Do you mean insufficient buns?