- Entry
- $115.35
- Now
- $128.25 +11.2%
- Target
- —
- Score
- —
I have a large stock protective put position on 10,000 shares of Blackstone. My broker wont let me close the position in a single trade(shitty broker). I only have 100,000 in available margin in this account so i cant close out the options or shares in a single trade. The puts are weekly 122s, pretty deep itm. I want to exit to buy leaps. Any advice on an exit? I don’t want to do 20 transactions of selling some puts …
— ORIGINAL POST ·
Getting out of a large deep itm protective put without exercising?
· r/options
· Jun 6, 2026