713 Free Shares of SPY from E*TRADE via /r/wallstreetbets #stocks #wallstreetbets #investing


713 Free Shares of SPY from E*TRADE

E*TRADE accidently sent me 713 additional shares of SPY roughly a month after an account transfer to a CHASE investing account. What should my course of action be here? they've sent a message about a reclaim request from E*TRADE but need my approval to initiate it.

https://preview.redd.it/2qjenmawa4g91.png?width=1436&format=png&auto=webp&s=a58aeb30c8e4dbbc8b64169c626a89a388604ce3

My E*TRADE account is now showing a short position of 713~ shares of SPY from the shares sent to my CHASE account. However, this account has never had margin enabled, nor have I ever had that much in SPY within that account. With that, I would assume this position was a manual input upon the realization of the error on their side.

https://preview.redd.it/s77xk0e0d4g91.png?width=1198&format=png&auto=webp&s=10781d29038eded93cab10468fa7521a631090f9

Any information or advice on this matter would be greatly appreciated, thank you.

Submitted August 06, 2022 at 06:26PM by dreqf
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