Good Morning, Today I woke up around 5am bc a option spread I had placed was exercised against me.

This resulted in my owing ($172k) worth of Amazon stock. My trading account was only worth around 5k at the time.

Robin hood also hit me with a $46,278k margin maintenance call.

https://imgur.com/N1XLymh

https://imgur.com/uJUTxKb

https://imgur.com/4S9RYOJ

edit*** I posted this in the main wallstreetbets daily but was asked to create it's own post, which is why it says deleted. I deleted the post because I was concerned staff at robinhood would find out I owe them almost 200k and do something to prevent me from trading again. I was also concerned that the US government would use this to prevent me from getting credit in the future, using a screening tool not disclosed to the public.

Update** Robinhood has not threatened to sue or take legal action against me yet if I do not pay. I informed them that I will use my $1k worth of CHEGG stock towards the margin call.

https://imgur.com/TCQvYGI

Update2** I have transferred $120USD to show robinhood I do intend to make small payments overtime. In case any lawsuit comes up. This combined with the $1k worth of CHEGG stock which robinhood THEMSELVES offered to accept is proof of my intention to make payments.

I will continue to update this in case this happens to any of you. So that you will be able to see the time-line of events and prevent this from happening again.

For those of you wondering - This was the notification I got early this morning. This was on top of the 170k.

https://imgur.com/Co8biSm

Update** After talking via email(robinhood won't contact you over the phone). Robinhood has given me the spread leg worth of Amazon stock to sell back to the market.

I have sold the stock back to the market and am now letting the opposite leg of the spread ride to see If I can make it back into a profitable position during power hour.

**Update if Amazon closes above $1,600USD I will be okay. If not I'll have to pay $2000USD to avoid a continued margin call

***Update Robinhood contacted me and was very helpful. I was assigned $ONE HUNDRED AND SEVENTY-SIX THOUSAND DOLLARS to pay. The broker actually gives you the opportunity to decide how you want to pay. This is called legging out instead of flatly closing both sides of the trade, which can be beneficial is some trading strategies.

This all started with a Yolo recommendation from another WSB redditor. Unfortunately, due the time I closed out of each leg I still lost roughly $2k.(I think I'm still not sure yet) Which is about 50% of my $5k account.

On Monday I will update everyone whether or not I'm still under a margin maintenance call. If not I should still have about $2k or $3k left. Anyone have any ideas for a good yolo?