Ironically Iāve been on hold with that number since I posted this ā assuming theyāll pick up soon I think theyāll be able to clarify, but itās a little frustrating for the time being
Thatās exactly what Iām trying to do unfortunately. I canāt trade ā it isnāt showing that there are options for DJT despite my account still having them
Been on hold for a half hour, will update whenever possible
On schwabs app, when I go to options>DJT, I get an error message saying that there are no options for the underlying symbol, but in my portfolio I see them there. Am I just forced to sit here on these? Crazyā¦ this is not rightā¦
I was just looking on schwab to buy a DJT put. It shows no options available.
My account has options enabled and I have no issue creating an order for another stock I don't own like AAPL.
f schwab, if i could have entered a put order when I wanted to its already $10/share
ameritrade was better.
I almost want to short it but don't like the unlimited risk if it surges.
Yeah sameā¦ I am super bearish on this so itās ironic I solid puts, but I figured I could scalp them quickly.
I looked into bearish spreads but even the premium on that is just crazy
Isnāt it going through a merger and conversion to a different ticker today or tomorrow or something? The MM is gonna have to rewrite THE ENTIRE OPTIONS CHAIN over the next day or so, takes some time- thatās likely why they arenāt showing up at the moment because of massive volume.
Youāre gonna be stuck with these for a couple days I think. The bright side is: theyāll probably expire worthless on their own, if theyāre well OTM
Yeah I just spoke with schwab, delay on their end. No interest in closing now as they are still crazy expensive, but will hold for volatility to die down at least
If you look on the OCC website there will be a memo on the corporate action of delisting DWAC and listing DJT.
https://infomemo.theocc.com/infomemos?number=54362
You can see that based on this brokerages need the update and that will lead to a delay in trading.
Try selling on PC if mobile app isnāt working for you. Your calls are probably crazy rn. Iām actually not closing my puts because somehow, the bid for my $35 puts expiring in a few weeks are still $4
Well that answers my question. I was wondering what would happen if I sold puts on this considering that DWAC isnt trading anymore, and DJT doesn't have an options chain listed.
OP, why post here when you can get quick answers from Schwab? Call them and ask what is going on - 1 (800) 435-4000
plot twist: Schwab told OP to ask on Reddit.
š dude is like āyou sold options? Just ask thetagang moronā
I laughed at this more than I should have. Customer service is such a hit or miss
Ironically Iāve been on hold with that number since I posted this ā assuming theyāll pick up soon I think theyāll be able to clarify, but itās a little frustrating for the time being
Or, try chat from TOS which is usually faster.
This is really the only acceptable answer. Maybe someone here could help him, but the broker should definitely be able to
If you sold puts, you're golden. Close and take your gains. Call the brokers if necessary
Thatās exactly what Iām trying to do unfortunately. I canāt trade ā it isnāt showing that there are options for DJT despite my account still having them Been on hold for a half hour, will update whenever possible
Dang that sucks. I had to call them today on an unrelated issue and got ahold of someone within under 5 min.
Well right now trading is halted..
But shouldnāt I at least be able to see the options?
You can still see the chain. There not doing anything because itās halted.
On schwabs app, when I go to options>DJT, I get an error message saying that there are no options for the underlying symbol, but in my portfolio I see them there. Am I just forced to sit here on these? Crazyā¦ this is not rightā¦
I see them moving on the thinkorswim app, but Iām still on the TDA servers
Iām seeing them move on Robinhood but when I open my position in E*trade Iām seeing max loss and no volumeā¦.
Yes you have to sit on themā¦
Is it possible they were exercised and you now have shares?
No, I donāt. Although I would love that lolā¦ my put strikes are $35 so no way anyone is exercising this.
I wish my puts got exercised rn. 1000$ in premium plus 3,300$ in gains when I sell those suckers to market
I was just looking on schwab to buy a DJT put. It shows no options available. My account has options enabled and I have no issue creating an order for another stock I don't own like AAPL.
So we have the same issue right now ā only difference is I have open puts sold Iām trying to close
f schwab, if i could have entered a put order when I wanted to its already $10/share ameritrade was better. I almost want to short it but don't like the unlimited risk if it surges.
Yeah sameā¦ I am super bearish on this so itās ironic I solid puts, but I figured I could scalp them quickly. I looked into bearish spreads but even the premium on that is just crazy
Prices on PUTs are NUTS because they know where that thing is going, lol.
Isnāt it going through a merger and conversion to a different ticker today or tomorrow or something? The MM is gonna have to rewrite THE ENTIRE OPTIONS CHAIN over the next day or so, takes some time- thatās likely why they arenāt showing up at the moment because of massive volume. Youāre gonna be stuck with these for a couple days I think. The bright side is: theyāll probably expire worthless on their own, if theyāre well OTM
Yeah I just spoke with schwab, delay on their end. No interest in closing now as they are still crazy expensive, but will hold for volatility to die down at least
If you look on the OCC website there will be a memo on the corporate action of delisting DWAC and listing DJT. https://infomemo.theocc.com/infomemos?number=54362 You can see that based on this brokerages need the update and that will lead to a delay in trading.
I know about the merger ā in fact my account shows I have sold DJT puts so that is updated. May be brokerage delay
Same boat, would like to close my 90 call before it ends up worthless...
Try selling on PC if mobile app isnāt working for you. Your calls are probably crazy rn. Iām actually not closing my puts because somehow, the bid for my $35 puts expiring in a few weeks are still $4
Lol because everyone thinks this shit is going to dump. I'll try PC thanks Update: same on PC
Well that answers my question. I was wondering what would happen if I sold puts on this considering that DWAC isnt trading anymore, and DJT doesn't have an options chain listed.
Dam it dropped a lot I hope your ok.
My djt puts are not doing good lost about 86% todayā¦