$29k account deficit due to option assignment (Put calendar spreads)
My SPY put calendar spreads expired on friday. Powell’s speech screwed my position and I couldn’t close my spread. As a result, I got assigned and now I have 100 SPY shares and a long put that expires on monday. I have an account deficit of $29k. Will Robinhood exercise the long put as soon as market opens tomorrow or will I have to so it myself? Also, it appears that my max loss should be the debit I pair to open the calendar spread ($33). Will I suffer more loss than that?