You want advice but you flatout refuse to show the positions on your statement. I dont think with that attitude that you get what you are seeking here
1000% OTM call with one year to go that still has a value of 65 cents? So... that's a stock that dropped massively..? But not enough to be filing for chapter 11, because then it would trade too low for a call that far out to be valued that high... Extreme IV....? Very illiquide stock and options? Therefore warranted margin reqs IMO. Why not buy some stock to cover for the risk?
My guess is this story is all fake and he's actually a stealth vendor trying to pump out the fact he could meet a 4 mil margin call.
Whatever it is, this whole story is almost certainly bogus. He hides the exact position because the position would debunk his whole construct of bogus information he provided.
I've seen stuff like this before. Had something silimiar happen to me and a friend of mine many years ago. My friend got taken for $40M, fought it and lost. I didn't even try. I suggest you just let it go. The legal system isn't designed for cases such as this to be won.
Let it go. Lol. When most in your neighborhood would assassinate someone for 10k others should let go of a lot more? I don't believe the OP is entirely honest and forthright but i disagree with a stick the head in the sand mentality.
Ok. Then go ahead and spend time and at least 200k to get halfway through a case you won't win. Think that's better advice? I'm in a nice neighborhood. $10k wouldn't cover a months mortgage. Certainly wouldn't buy an assasination. Please ignore me. I'll do likewise.
No, that is what the SEC and other regulatory bodies are for. Why not using a free option... Ignore each other? Because I disagreed with you. Pretty childish don't you think so? P.S.: 10k mortgage on average assumes a home value of 1.6 million USD. That does not even buy a 100 square meter place here in Hong Kong where I live. Not sure why you would mention it, hardly anything to brag about.