Reddit Posts
Van Eck announces details of the liquidation of RSX, RSXJ
Russian ETF's - RSX & FLRU --- sell and take the tax loss?
Play I made earlier in the year when I stumbled upon RSX $50 -> $2k
Need another play like this - early February I stumbled upon RSX. $50-> $2k
Please explain to layman — OCC Memo 50218, dated March 22 2022 — on VanEck Russia ETF (RSX) options?
RSX, MOEX, you there? Hello???
MOEX Opens Monday, RSX has a 62% drop priced in
For those affected by $RSX see message from OCC. Hold on to dear life, there is some hope.
When Russian Roulette Stonk Exchange Opens Again, Russian Traders and RSX Hodlers be like...
Good News for RSX and YNDX Put Buyers?
Good News for $RSX and $YNDX Put Holders?
Bloomberg: Options traders who correctly bet against Russia can't cash out [$RSX]
Can you predict RSX when it opens next?
12.5k past week loss. can’t post in big boy bets so i guess this can go here. RSX puts, AMZN calls , DFEN calls, GUSH calls,
FYI: My 3/11 $RSX Short Puts Expired Worthless. Did Anyone Have Any In-The-Money?
VanEck, CBOE & The OCC are helping market makers steal millions from people today at close $RSX
VanEck, CBOE & The OCC are helping market makers steal millions from people today at close $RSX
One Million Options Contracts on Biggest Russia ETF Are in Limbo
I hold $RSX put options in the money and can't sell. What now?
OCC turns off auto exercise for some halted stocks (RSX among others)
People complaining about RSX options being halted are greedy
I bought RSX put that is expiring on march 18th
See you on the moon Comrades!
Russia is likely completely fucked and there is a significant nonzero chance of this bullshit ending in one or two weeks.
are there any Russia etfs that are still available?
I bought puts on a Russian ETF this morning, sold them for less than I paid but still made profit?
Wall Street Is Already Pouncing on Russia’s Cheap Corporate Debt
Covered calls in RSX one month out gives 36% downside protection
RSX closing creates after 3/3; Russian GDRs deleted effective 3/4; Russia deleted from FTSE Russell Indices 3/4; Russia zeroed out from MSCI Indices 3/9;
What happens to my $RSX puts if it gets delisted?
Best still relevant anti Russia trades to do?
Best still relevant anti Russia trades to do?
What's the chance Russian ETFs go up this week if no positive news with peace talks and sanctions are not lifted/get more harsh?
Largest Russian ETF RSX dropped 30% just today
The Russian Suck at Fighting, so I'm Long Ukrainian Life. Short RSX
VanEck Russia ETF Sees Biggest Inflow Since June 2018
What happens to RSX (VanEck Russian index ETF, on CBOE (American) exchange) if owning Russian securities is banned due to sanctions?
Who will be the first to get back to Covid crash low?
$RSX Invasion Profiteering Update, still waiting edition
Pre-Happening Gains update, still waiting edition
How to short the Russian economy in preparation of massive sanctions.
$RSX Lottery Puts, its COOL to make money off of war
Putin Is Too Soft to Invade Ukraine
If the Russia Invasion of Ukraine is Immanent with a Side of Possible World War 3, which Stocks are the Best to Short?
Bubble about to burst! Ive moved my portfolio into silver, gold, tips, bonds and into long term puts for RSX. The global stock market is in a major bubble and headed for a major correction. Russian equities will fall the most, especially if they invade Ukraine, a black swan event not currently price
Bubble about to burst. I've moved my portfolio into silver, gold, tips, bonds and into long term puts for RSX.
Bubble about to burst! Ive moved my portfolio into silver, gold, tips, bonds and into long term puts for RSX. The global stock market is in a major bubble and headed for a major correction. Russian equities will fall the most, especially if they invade Ukraine, a black swan event not currently price
Mentions
I was charged $3.13 for holding 100 RSX short shares? How did they pay out a dividend if the stock is halted?
You can do it Van Eck, get our RSX money
Shit happened to my buddy who was short RSX. Still hasn't gotten paid.
The other day (ok a year ago) I sold an RSX $14/$19 put vertical in that broker before it halted, and they said they wouldn't let me exercise my deep itm $14 long put because they didn't know if the $19p would get exercised while the stock was at $6. I was curious if they had burned everyone like they did me
*Laughs in RSX 3/11/22 puts bought on 3/3/22*
You are set-up for a long ride. I got caught selling naked calls on $RSX on a friday just when Russia invaded Ukrania and my short calls ended ITM, so I got assigned short stock on the weekend. The next monday the stock was halted and now is delisted. I couldn't cover. I still have the short shares on my portfolio and I have been paying high-to-borrow fees since then. I tried to contact my broker (IBKR) to stop paying this HTB fees (makes zero sense) but they refused. So after more than one year I'm still waiting for the stock to be liquidated and be declared worthless. Hopefully by then the broker will stop charging me the HTB fees and remove the position from my portfolio. It sucks.
Are you sure this is always the case? I recall people having trouble with puts on Russian ETFs like $RSX when the war broke out. I don't think Robinhood let them build a short position so that they could exercise them.
None. Most in our discord and sub lost thousands upon thousands on RSX and OZON. Some exercised their puts and went short. I think some said today the borrowing fee isn’t coming out but I stopped following it. Basically we all played a catalyst for too long. Same with banks. Many playing puts from last week or scalped today but imo people will overplay these regional banks and get burnt here again. I think Friday and today we’re safe but to short tomorrow with cpi coming out and feds stepping in is risky. I’m moving on to the next catalyst unless news drops and we play the trend.
Any update on RSX? I'm curious because of what's happening now with the banks.
You need to buy back the shares. You will continue to pay borrow fees until you can close it. Same thing happened to people that shorted the RSX before it was delisted.
I can tell you right now you’re going to lose everything. How do I know? Because I bought a fuck ton of puts on RSX Russia etf last year. CBOE halted it and my options expired while it was still halted. MM keeps your premium. Sorry man. :(
Fair point and important distinction. Since SVB - the bank - was one of the four entities that made up SVB Financial Group - the ticker, the bank going into receivership still leaves the other three entities to be accounted for. [Seems like](https://ir.svb.com/financials/annual-reports-and-proxies/default.aspx) the Bank was about 80% of assets, and 90% of revenue of the whole group. This means $SIVB will likely still plummet, but that it's not totally over for the ticker. In this case, /u/lilpops69, another option that may be available to you is to exercise the puts and assume a short position. Please, please talk to your broker about the implications of this. Tickers can remain halted for a long time (like $RSX). If they sell the other entities anytime in the near future, could still work out well. Nfa.
Not sure what you are asking. A naked contract is a short option position. Someone holding a short position cannot exercise a contract. If a long contract holder wishes to exercise, they exercise via their broker. The exercise and assignment would be handled by NSCC for settlement. In the situation where the NSCC stops accepting exercise and settlement (which can occur). The contracts are then subject to broker-to-broker settlement. The OCC may also choose to remove automatic exercise thresholds if underlying pricing cannot be determined. A good example is to look at the various infomemo's from the OCC on how they handled longer term halts of stocks and ETFs like YNDX, RSX, CO, etc. In reality - I imagine it's a hassle and the broker likely has fees associated with these types of exercises.
With $RSX, I believe the OCC left it up to brokerages. After about a month of halt, my brokerage let me exercise and go short. If they delist soon, they could potentially settle options for cash.
-100 RSX -100 ERUS both funds were liquidated, I ended up paying almost nothing per share Before the war started, due to the Russian embassy evacuating from Ukraine I knew something was up. I shorted two different ETFs, then contributed money to the Ukrainian army when the war started https://imgur.com/VwlYlfV $2,500 from me and $250 from a friend the rest I used on a trip to Hawaii this year as RSX got liquidated
"don't put $5k into RSX right now they're about to halt trading"
Well the second doubling was from GME calls during that bubble so not fully permaber I guess, but VXX calls in Feb/March 2020 and mostly TSLA/SPX/RSX puts last year did the job for me
The closer china aligns themselves with russia the closer their economy comes to being like $RSX 
modestorancher, I think someone's strategy depends on how they answer these questions: 1. What is their risk tolerance? 1. low, medium, high, "wall street bets", 2. What is their time horizon? 1. weeks, months, quarters, years, decades, generational dynasty, 3. How do they feel about operating in legal but ethical "grey areas"? 1. this is a very open ended and dynamic spectrum. There is a response matrix for how these are answered. I'll layout a few courses of actions for the more extreme parts of the matrix. If someone has; "wall street bets" risk tolerance, with generational dynasty time horizon, and is really comfortable operating in "the darker shades of grey". Then they may reason that the BRIC countries aren't going anywhere, and this may be a once in a decade buying opportunity for BRIC indexes. Imagine buying RSX right after the Ukraine invasion, while hoping it pays off in 20 years. While someone else who has a low risk tolerance, who is 1 week before retirement, and wouldn't do anything to make Jesus frown at them. They may assess the situation and decide to "de-risk" their portfolio by; pay off debt, good mix of T-bonds and cooperate bonds, %% into annuities, Real-estate backed equities like REITs. (Full disclaimer I have some O and FPI) However, most people will fall between those spectrums. Get clear of who you are, and what you want. Then invest accordingly. Some random action items that should apply to most investors. Review the top exports of those countries. Then research alternate countries that can provide a stable production of those commodities. ie. 'hypothetically' if the 6th biggest exporter of wheat is invaded by the 1st biggest wheat exporter, what will fill the demand? What is your exposure to the 3rd world? (The countries not caught in the NATO/ "neo-Warsaw pact" tug of war) What is your exposure to the defense industry? is that the level you want? Most importantly have you balanced your portfolio based on how you answered the first 3 questions? ​ I hope this helps you find clarity, cpi-guy
Yep..RSX too. Luckily I got those for $5. Feels like we’ll be holding a while lol
RSX hurts, luckily I took profits on just over half of my puts to pull out my principal but the other half just sat there frozen. Total nightmare.
the calls will go out of the money then expire worthless and you keep the premium even if they close the market for example if you had sold calls on RSX before that etf was forcibly shut down you would have kept all of the premium and the option buyer gets screwed
How long before $FXI becomes the new $RSX?
I bought a 2004 F150 with 115k miles for $2500 in 2021, I just traded it for an ‘05 RSX with 172k miles. It’s possible if you live in BFE.
I fit a 12” miter saw with stand, nail guns, air hoses, pancake compressor and circular saw along with two coworkers in a 2002 Acura RSX type S back in 2007. Best part is nothing gets wet if it rains.
They list their holdings on the website and you can add up the price of underlying shares divided by number of outstanding RSX shares to estimate liquidation value. If they become liquid, share prices could increase or decrease from what is currently listed for illiquid shares.
Whats up with my RSX Shares why they be treating me this way....im pro profits not pro russia wtf??? Just gonna steal my money without any due process? WTF is this shit! I'm calling my Lawyer wheres Attorney bitch?
Now if only I get my RSX money back, I’ll be back to green on my port!
It’s usually the 15 min that matters intraday, though 5 min can help. Otherwise daily, though like he said in the video weekly and monthly have their uses. I think that price action, volume, and trends are what really matters in trading. Honorary mention to EMAs and RSX. Otherwise just watching how other indices go in comparison and if big companies or sectors like Apple or Finance is dragging the markets one direction. I do really believe in simplicity though.
Got my RSX dividend/payout bullshit. Gonna buy a stick of gum. Just one.
Nobody: RSX holders: the MVIS Russia index is 48% off highs before invasion. In RSX terms it would be trading roughly 13.50.
I heard that RSX was going to be delisted officially after hanging out in an untradable state forever. Anybody know what happens in this situation to long calls and puts? Are they just zeroed out?
I also had shorted RSX shares. Those just disappeared from my account today (IBKR)
Wow had a great day and then find out my 10,000 RSX being liquidated for 3 cents a share…I was holding out hope, ouch
I feel same after my ERUS and RSX trades.
it's a tragedy for both sides, Ukrainians who simply want to protect their normal lives and the brainwashed Russian kids dying b/c an old man has ego problems. How does buying puts on RSX lead to me making a literal killing though? In Feb 2022 I shorted RSX and gave a pretty good portion of my profits that to a polish NGO helping Ukrainians. The idea of capitalizing on war is disgusting so I shouldn't have done it at all though?
Which one has a better chance of recovering a large loss RSX or AFRM 😂😢
[I did pretty alright I guess, just like the last few years.](https://i.imgur.com/6qHk94l.jpg) Mostly TSLA/SPY/QQQ atm puts for 2-4 months out that I usually hold til expiry, some RSX too from the beginning of the Ukraine invasion. Have you tried not being a Fed-fighting bull in the middle of an inflation-drenched cycle-ending bubble pop? Someone who actively manages their positions being proud they beat the index is like a pro basketball player being proud they beat a 5 foot tall child. The whole point of active management is to beat the indexes bigly. And any hedge fund that doesn't end up in the black after a year when the indexes are down, is the laughingstock of the industry. HEDGE is right there in the name, or alternatively back when they were called "long-short funds" the SHORT is in the name too. And the fact remains that anyone who was surprised by pre-scheduled sales and compensation plans that were fully disclosed is an illiterate regard, no two ways about it.
I bought a shit ton of $RSX before it halted
The biggest threat to a passive etf is illiquidity. I'm sure some poor bastard on this sub has an $RSX story to share
I bought RSX around $20 thinking that Russia wouldn't be stupid enough to go to war. Luckily it's only 10 shares, but still....
My shares of RSX that I bought the day it halted are also wondering
I told everyone about my big RSX purchase in February and no one has forgotten
Tell that to RSX. Still can't offload my shares
What is RH doing with the dividends from RSX? They are not coming through.
I’m not sure why you’re telling me how this works when you don’t seem to know the basics of the situation. I have 800 shares of RSX, a few hundred ERUS, plus several thousand shares in other Russian equities that the government has placed in escrow “for my safety”, or something. Van Eck marked down their actual holdings to near zero to reflect to “exchange value” at the time of the freeze. They are still holding the same positions that they had prior to the sanctions, but due to the “listed value” decreasing dramatically, their fund has the appearance of being weighted 80% cash. It’s not. They sent out a letter addressing this several months ago. They cannot liquidate because Russia has responded to our sanctions by not allowing “hostile countries” to withdraw from their market. This is in retaliation for us freezing their funds. If things blow over and we release their funds, I presume they will release ours as well. I imagine at that point Van Eck won’t have any incentive to liquidate, if they didn’t have one previously. They seem to be open to the idea of letting people invest in whatever they want. To address your first statement - I’m not sure what aspect you’re referring to as being “the point of sanctions”, but if it’s disallowing your own citizens from freely trading assets, I firmly disagree.
The US government specifically banned any investment in Russian assets by any American citizen though, so it wasn’t possible to redeem ADRs or hold any positions in any Russian equities, regardless of the currency or exchange. Under normal circumstances, an ETF behaves as you say. But in historical instances, even when foreign markets closed and it wasn’t possible for the fund to buy or sell shares in the underlying positions, the ETFs continued to trade as normal and behaved as a normal stock. This only ceased to occur because of US sanctions, Van Eck was perfectly content letting it run. ERUS voluntarily stopped trading, but RSX was shut down specifically by executive order.
It was a gamble. Sit on it, forget it and see what happens. \*\*\* Can I interest you in some crypto's over in this alley over here? I got some sexxxy NFT's in my coat pocket... I'm a \[newly minted\] veteran of GME, RSX, \[unnamed\] silver mining junior, V@$#%@ger (fuck Steve), and now BlockFi (took $ off but left a few cryptos- we'll see if they arrive in withdrawal attempts). I have learned my lesson on gambling and now concentrate on big names and dividends, because that is ToTaLlY sAfE wAy Of MaKiNG mO.....
I wrote calls on ERUS and RSX so I don't know about the puts. All my naked calls already expired. The OCC has been releasing weekly infomemo's that automatic exercises will not occur on RSX and various Russian ADRs, etc. . So a counterparty will have to manually exercise the contract and you may or may not get assigned. The other caveat is that NSCC is not accepting exercise and assignment for settlement, so it has to be done broker to broker. No idea how that would work. So - perhaps the odds may be in your favor. Good luck. The links to the OCC infomemos are here which have more details - [https://infomemo.theocc.com/infomemos?number=51357](https://infomemo.theocc.com/infomemos?number=51357) [https://infomemo.theocc.com/infomemos?number=51216](https://infomemo.theocc.com/infomemos?number=51216)
It would be cool if RSX was ever allowed to trade again.
I remember that...sold a bunch of vertical calls on RSX in the beginning of the war...all expired worthless...it was like free money till they turned off the tap
Raise your hand if you have RSX calls that you now realize are extremely likely to expire worthless.
I didn't go big but I bought a little RSX thinking this will be over quickly..... Wrong Maybe OP thought that was the farm bet to ride on.
*looks at RSX* Don’t buy the dip, don’t buy the dip…
RSX is an ETF focused on Russia but based in the US, oof
Yo what is RSX and what happened to it? Just looked up the chart, crazy.
Guess who’s holding 100 assigned shares of RSX?
Ah. RSX telling the story of one of my worst "this won't last long" trades.
Basically ES oversold , as you can see adaptive RSX using donchian channels curling up. Right now ES sits on a strong support level, this is it failure of this strong support will lead to test June’s low.
Haha remember when RSX was a thing
-100 RSX -100 ERUS shorted at the start of the war holding them until the ETFs cease to exist
I hope Putin gets relieved of his duties and we can trade Ruzzia stonks again. I bought close to 50k of lukoil gazprom, and RSX the day before sanctions for pennies on the dollar that I want unlocked
It's alright. If there's a coup and a reversal my RSX 2024 calls are gonna print like a beast. Or not.
Unless DWAC gets a special trading ban like RSX that can't happen. My RSX puts made me so much money and then the government just stole it from me.
I'm short 100 shares of RSX. I had sold a call credit spread ($5.5 C lower end, 3/11 expiration) and was trying to close it and several others out, but couldn't do so and ended up getting assigned when it froze at $5.65. Several other ITM credit spreads expired without being exercised, but this one has sat at -100 for months now. Don't have any recourse from what I've been able to see.
I'm holding my gazprom and norilsk.and RSX, I figure when the war is over, Russians will want their stock to be worth more and everyone else wants to not lose their Russian investments, equipment etc so maybe they can patch things up and start trading again
Sorry but thats not true. There were news everywhere about sanctions before the halt. Couple days before the halt, brokers had warnings about russian stocks/etfs.. I even made some money on a bounce at RSX. Then i reopen the position before the halt. Im sure in couple of years everything will be normal.
Fuck my tits. What happened to $RSX? It was locked up for months in my account, can’t buy or sell. But it still showed the dollar value next to it. Today it shows it’s lost 100% and it’s now worth $0 Fml
Does not bode well for my RSX shares being unlocked anytime soon.
Every time I start to feel good I see that 2000 shares of RSX staring me in the face
probably smart. I have RSX (suspended). It was just a gamble- we will see what happens.
I’m still holding RSX. Not worried.
I have the same question with RSX am I fucked? Bought the day it halted down near $6
Imagine buying RSX six months ago and watching your options all slowly disappear without power to do anything. RH can't manipulate markets and cuck your gains nearly as well as the US gov
Is RSX trade able yet? Oh... It's not? Why not? You don't know? But MOEX is open... There's how many millions expiring in options next year?? Yeah, I wouldn't want to resume trading on those either then I guess
Kinda weird the markets are so green but my RSX shares haven’t went up since March
TDA allowed me to exercise my puts when I called them. Now I am short RSX until it is unhalted or delisted.
You could try an ACAT to another brokerage, but do keep in mind many brokers may not accept the transfer because the underlying is not currently trading. In some cases like this you’d be able to exercise the put if you were already long the shares. I would not exercise these unless your strike is like $30 or higher. Just take the L. You wont get to realize profits anyway until a solution is identified and even then, you have no idea where RSX will open if it does trading again. You could be short shares well below its trading price.
You cannot. RSX itself has been restricted.
$GLCN looks to be a good target. I'm in for 4 26P's expiring in Sept. I rode the RSX wave before it crashed due to sanctions on Russia and am looking to do the same for this debacle.
Me sadistically keeping the $EWT Taiwan ETF at the bottom of my watchlist with puts armed in case China nukes their economy into a Russia $RSX
I know from experience too my man. Holding 106,000 shares of Sberbank and 16,500 of RSX
You know what hurts? Getting robbed of $10,000 in gains in RSX puts. Fucking trade halt after hours
my previous posts were auto deleted because of RSX being a keyword in the title, adding to the complete sketchiness of all this
i literally forgot to buy puts on RSX the day of the invasion, and i think i forgot the next day, too. lost out on a ton of money. oh well.
When does RSX start trading again. My calls expire next month and its been halted for months
Had SQQQ for a while. Sold it with solid gains. Shorted RSX also. Short a couple others currently.
RSX is currently being fair valued at .39 if cranky putin decides to open his casino back up full send 10k shares hold those puppies long term and you’ll be rich 
RSX is currently being fair valued at .39 if cranky putin decides to open his casino back up full send 10k shares hold those puppies long term and you’ll be rich 
I'm not a commie but I can't help but just admire how Russia sorted out their currency in light of all the sanctions. Even their stock market recovered pretty well - the biggest losses were incurred by foreign investors lmao (Source: RSX halt etc). Meanwhile the three major global currencies are going down the shitter. Russia also has a pretty badass aura, you don't see no stupid political fuckery and they pretty much just say what they mean and mean what they say.
The RSX quote from yesterday is now gone. False alarm. Sad face.