TD: HAHA SUCKS 4 U!
Me: 
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Posted in TF that my exercise attempt on IBKR was cancelled automatically. Got a screenshot of the message this time:
So guess exercising was never an option for me since I have a cash account. Didn’t know that.
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Update: They will exercise my 3/11 RSX 5P on a “best effort” basis, and let me go short at $5 for a 22% borrow fee. Here’s to the exercise actually going through!
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One risky possibility for next week if RSX isn’t unhalted would be to transfer your RSX position to IBKR and then exercise the option there. It sounds like in theory the transfer could happen in time, although the timetable would be very tight. I will be contacting IBKR about this possibility on Monday if there is no good news by then.
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I’m not really sure what to say. I feel a lot of things. I’m upset that I just lost $25,000 and almost certain profits of $100,000. I’m even more upset that many of you lost money too and for some of you, that amount of money is going to make a negative impact on your lives. I’m most upset because, for a lot of you, the almost certain gains from this trade would have made a meaningful positive difference in your lives.
I’m also sorry. I apologize to each and every one of you that I wasn’t able to get these companies to unhalt the stock or formally announce the liquidation. I tried everything I knew how to do, but in looking back, there were things I could have done earlier that I didn’t do until yesterday (call my Congressional representatives, the media, etc.). Maybe if I had done those things earlier, the result would have been different. I’ll never know. That shit is gonna haunt me.
I’m also angry because it isn’t supposed to be this way. We made great trades on RSX, the logic was rock-solid, and we were right. The only reason we didn’t win here (yet) is because it was stolen from us. Who stole it? The unknown writers of the put option contracts we bought. They will get to keep our premiums we paid for the contracts as profits for them and never have to pay any losses on this trade. We don’t know who they are (yet).
But we know who helped them: Cboe and VanEck.
I’m going to continue to do everything in my power to get Cboe and VanEck to end the bullshit so everyone holding 3/18 options doesn’t have to go through this. And I’m going to do everything in my power to force these companies to atone for what they did.
This story is not over. In many ways, today was the beginning of a new chapter.
But for right now, today, I’m probably going to take a step back and re-assess some stuff. This result is hard to accept. I hope everyone has as good a weekend as they can possibly have.
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Phil, you’ve done a tremendous job and no one could have accomplished more. We will keep fighting.
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Thank you for what you have done and what you are planning on doing in the future to help all.
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God knows you tried, Phil. It was valiant and I’m really grateful to know that I’m part of a this server because you’re in it. Hope you get to decompress a bit and please take care of yourself this weekend! 
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Thank you Phil
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Phil you did all you could. Don’t let hindsight eat you up. Like you said, the story isn’t over yet. This community is lucky and blessed to count you as a member.
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You’re a hero, Phil. Please let us know if we can help in any way.
No matter the result I greatly appreciate all that you’ve done.
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Really appreciate all that you guys have done here. Thank you.
My support call with Robinhood didn’t reveal anything new. But they mentioned possible “mediation” for whatever that’s worth.
My put options that expired today were a bit OTM due to the halt. But my sell orders were cancelled in the last hour. It doesn’t look like my total account value has dropped - yet. They disappeared entirely except for the trade messages.
I just can’t believe the blatant criminal MM activity…
We can’t rely on the Fed/SEC/DOJ to keep markets fair. It’s even an uphill battle to just post on reddit…all corrupt.
Update: it eventually showed up in RH messages again as 'Voided" with a value of $0.
Checked over the weekend and now I’m out the total value of these.
Salting the wound, my balance is now below the day trade minimum so, now I’m doubly f****d.
Im a lurker on this community and dont really say much. I also lost on this play. I really appreciate your effort and even though this was a loss it speaks volumes about this community. There is some very smart and talented people here who can accomplish alot with the reaources at hand. Truly and genuinely impressed and grateful for your hard work and dedication.
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We really appreciate your hard work no matter what the results are. This is clearly stolen from all of us.
Thanks for all your hard work.
I’m a lawyer interested in helping with exploring litigation. Maybe we can squeeze a settlement out of them. Would be great publicity, either way.
Take some time for yourself and when you’re ready PM me and I’ll get you my credentials. - DonDegen
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Phil, there aren’t enough words to describe what you did for this community. I appreciate the incredible effort you made on our behalf.
Thank you.
Godspeed Phil.
Thanks for your efforts and keeping us informed.
Phil, thank you for everything you did. I’ve learned plenty from this community and I think there are many of us here who are willing to go with you when it comes time to see if we have any recourse. It’s hard not to feel jaded with the “big guy versus little guy“ situation we seem to be in as it relates to this. I know there is probably some retail on the other side of the buying put trade who probably feel like they got a payday. Think about it, selling put contracts, having the stock tank, then getting to walk away with your premiums. Let’s be honest though, we know that a large portion of those puts are probably being sold by market makers.
Many of us watched a green position simply vanish out of our account today. Please remember everyone, this is money and while it hurts, make sure you focus on things that are truly important in life. If other plays will come
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