Margin Calls and Delisted Stocks: Turmoil for Traders in Silicon Valley Bank and Signature.

TL;DR Summary
Thousands of retail option traders who made bets against shares of Signature Bank and Silicon Valley Financial Group were left in limbo for weeks after trading in both companies was halted. Traders turned to social media platforms for answers and support, and a social media pressure campaign ultimately helped to push some brokers to help make customers whole. Even afterwards, some traders were left with huge margin-call balances that left them potentially exposed to tens, if not hundreds, of thousands of dollars of risk.
- 'It says I owe $179,000' - option traders hit with massive margin calls as winning bets against failing banks' left in limbo for weeks MarketWatch
- Silicon Valley Bank stock plunges to just a penny after trading reopens Markets Insider
- SVB, Signature Resume Trading Below $1 in Lifeline for Options Owners Bloomberg
- One Of The Best Traders In Congress Sells Shares Of Distressed Regional Bank On Day Of Stock Crash - First Republic Bank (NYSE:FRC) Benzinga
- Delisted Bank Stocks: Signature and SVB Financial Start Trading OTC InvestorPlace
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