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Re: Pyramid2 post# 584845

Wednesday, 03/15/2023 11:07:31 PM

Wednesday, March 15, 2023 11:07:31 PM

Post# of 645799

Do not feel bad. $SIVB collapse wiped out $135K from my trading account.



YW it happens to the best of us, many got caught in the $SIVB

hopefully, it will somehow work out soon



Retail options traders who thought they hit the jackpot with their wagers against the stock of Silicon Valley Bank and Signature Bank are now finding themselves in a world of hurt. Despite the collapse of the banks, the traders are unable to cash in on their put options after brokers halted trading in the stocks, leaving them with worthless contracts set to expire Friday.



https://www.forbes.com/sites/brandonkochkodin/2023/03/15/retail-traders-left-hanging-as-brokers-halt-transactions-on-silicon-valley-bank-just-as-bets-are-set-to-pay-off/?sh=7d01b06a3f55

Always consult an Investment Professional, my posts are my own opinions, and not for investing decisions

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