### Comment:
If you sell the $98 put and it gets exercised, Robinhood exercises your $99 put and automatically sells the 100 shares you had to buy from the $98 put.  
  
 In other words you can use a put for collateral to sell another put. The only cash you need is collateral for max loss

### REPLY:
I’ve read that Robinhood exercises the long option when the short one is exercised, even if it’s not ITM.  Do you know if that’s true?

### END.