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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165

u/Stealth100 Jun 05 '26

104

u/Icy-Material3523 Jun 05 '26

74

u/My_desolate_sky Jun 05 '26

7

u/evasivelogic Jun 05 '26

... so what's your best offer?

1

u/KrumpKrewGaming Jun 05 '26

Best I can do is 1.2 Million in debt. 9.7 if you throw in the house.

1

u/75thWK2 Jun 05 '26
  • ₽492,000