Selling Expired ITM puts

Hello, I am new to trading.

I have a put on PLTR @ 14.5 which expired today. It is in the money as the stock is currently at 14.1, the put is up 230% but the market has closed and I did not sell, according to Webull they will close the position and I should make my money but they have given me a warning that I do not have enough equity to close the trade? How much would I need to deposit (I can max put in $200USD) and why hasn’t Webull exercised the put? Thanks

Please do ask questions for more information if I have left out important info thanks!

submitted by /u/macucsgo
[link] [comments] https://www.reddit.com/r/stocks/comments/15u4sgi/selling_expired_itm_puts/
Created 1y | Aug 18, 2023, 4:40:25 AM


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