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I am a total noob to options trading. So I bought VIX $30 put that expired in the money and I thought I made money,(I bought at 3 and it expired at 2.70 however it was marked as itm). When it exercised it sold 100 VIX at 0$. Basically i flushed 300$ down the drain. What did I do wrong? Please explain as you would to a small child.



Submitted February 08, 2018 at 12:56PM by SLOXP http://ift.tt/2siT6gF

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