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REDDIT

Woke up to 3 mill usd SPY exercised

T
May 16, 2025 · 16:36

got drunk and played around with 0dtes yesterday only to wake up with 3 mill worth of spy shares in my account which were exercised from a 590c.

usually this stuff gets closed/sold by ibkr like 15 min before closing bell but apparently they went all "let ma boy yolo" this time.... lol

so what do i do with them, wait until expiry again right?

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