BTC cash secured put resulted in extra cash purchasing power
Using Etrade. Today I BTC a cash secure position. I had 10 contracts at $12 strike. They partially filled at various increments.
4 contract
2 contract
2 contract
2 contract
For some reason after all 10 were filled. I noticed my cash purchasing power was more than expected.
It did release my $12,000. But additionally another $7200 was added to cash purchasing power. I assume that the first 6 contracts where filled and released $7200. Then the system "thought" 10 were filled and released the $12,000 too.
These transactions were seperate, but timing wise it was pretty much milliseconds apart.
Anyone experienced this type of discrepancy?