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REDDIT

BABA cover calls mistake

L
Feb 14, 2025 · 07:04

When BABA was $80, I sold deep ITM $60C exp 1/15/2027 for $6k.
BABA went against me & continually go up $120 and now my CC is negative near 100%. What to do now if I cover it will cost me $12k. Please advise. Thank you