Sunday, August 26, 2018

I screwed up on a call debit spread that has 0 volume

Without getting into detail how I accidentally bought a call debit spread that has zero volume, I’m seeking advise how to get out of it (or completely close out).

SWCH $11/$12 Calls 11/16 Exp. 10 Contracts. (Spent $450 total, now it’s worth $500)

I don’t care about that $50 gain. I’m ok losing all $450 that I put in it. I just want to get rid of this vertical spread.

FYI: I’m bearish on SWCH in long term. I have balance to buy 1000 shares of SWCH but I want to try to avoid doing so.

Any advise is appreciated. Thank you!



Submitted August 26, 2018 at 11:53PM by AmeriChino https://ift.tt/2PbYSHJ

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