Taking Another Shot With Robinhood
Robinhood Markets (HOOD 0.00%↑) has been a Portfolio Armor Top Name multiple times in the past, and we’ve had success trading it before, including this exit for a >1,000% gain back in February.
Calls on Robinhood Markets (HOOD -1.91%↓). Bought for $2.30 on 10/31/2024; sold (half) for $33.50 on 2/13/2025. Profit: 1,443%
We entered another trade on it (albeit, with a ~230% max potential gain) last month, and that trade is currently in the money after HOOD’s big gain yesterday.
Today’s trade is a bet on Robinhood hitting the next psychological level ($100 per share) in the near future. It has a maximum potential upside of about 270%, and a maximum potential loss of 100%.
Details below.
Today’s Top Names Trade
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