Brokerage Closed OTM Bull put spread

Sig - thanks for the reply

 

Is it just me or does it seem a wee bit aggressive for "a new trader,mistakes abound" selling 200 AMZN 1865-1860 put spreads for .425??

If nothing else,you got some big gonads

 

It sounds like a guy who has no problem leaving his broker holding a six figure loss.

 

I very wrongly thought my max loss was capped at $100,000 (spread x 200 contracts) - I know otherwise now on physical settlements (vs cash settlements).

 

Thanks to all that had informative and meaningful replies.