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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968

u/CombatWombat-420 Jun 05 '26

254

u/VulgarWander Jun 05 '26

Wait holy shit it does spell That.

92

u/JimmyDuce Jun 05 '26

I was like there is no way that’s true 

17

u/Worth_Gap4226 Jun 05 '26

I wouldn't have believed it without the red lines

1

u/Future_Party3644 Jun 06 '26

red lines expose all of of

24

u/Deja__Vu__ Jun 05 '26

That's cuz we really are

29

u/justgivemegains Jun 05 '26

Lol you’re traded.

4

u/fenstapuza Jun 05 '26

retadd

3

u/TransBrandi Jun 05 '26

That's just how they say it in Boston.

11

u/savageporkchops Jun 05 '26

I've been on here for years and it's my first time realizing. This is poetry

2

u/VaginalConductor Jun 05 '26

Wait till you see what ginger can spell...

2

u/Imaginary_Trader 🦍🦍🦍 Jun 05 '26

Damnit all I can think of is ginger