Jasonbehr87
2022-03-06

$Grab Holdings(GRAB)$ so the platform automatically "exercise"d my short put end of last week, and I realised today I have in my position -200 Grab stocks. Floating profit of 20 bucks yes, but what do I do to get rid of this stocks? Or do I even have these "-200" stocks? And since its cost proce is now 3.50, as long as Grab shares stay below that I will make profit? Or vice versa? So many questions!!?! Anyone care to teach me on what to do?

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Comments

  • Hengery
    2022-03-07
    Hengery
    means it need to stay below $3.50 for you to profit. if you want to get rid of your position, you need to buy in 200( this means you are currently shorting GRAB, selling stocks you borrow from others)
  • T20210730048
    2022-03-07
    T20210730048
    I don't think you executed an options contract. this seems more like a direct short sell on grab. you will need to buy 200 shares of grab to close off this short position. o
  • Jim1995
    2022-03-06
    Jim1995
    I don't have any specific measures. The share price of grab company has fallen greatly, so it's better to be cautious.
  • Jasonbehr87
    2022-03-07
    Jasonbehr87
    thank you! simple yet straight to the point!
  • zuhdi
    2022-03-07
    zuhdi
    it will go up again
  • Klim8898
    2022-03-08
    Klim8898
    congrats
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