14 source-linked records across the archive.
The speaker is long HOOD going into the earning cycle and has executed a strangle strategy.
The speaker suggests rolling the Hood trade to August to re-center the position after a significant upward move. This is done because the stock has already experienced a large move, and the volatility is considered decent. The speaker believes that re-centering the trade in August can help manage risk, especially given the stock's history of missing earnings and the potential for continued volatility.
The speaker has a short strangle in HOOD, which they believe is positioned around the expected price movement. They have been bullish on HOOD throughout the year and have been buying it whenever it dips into the 70s, which has worked for them. The trade idea is based on the expectation that the price will move within the expected range, allowing for profit from the strangle.
the 8115 strangle for about 240 is a marginal trade
The speaker is short a bunch of puts on HOOD, expecting a price movement of 8 bucks. The expected move is based on the current price of $87, and the speaker is fingers crossed for the outcome. The trade is based on the anticipated price movement after earnings, with the risk being that the price may move beyond the expected range.
The speaker is short puts on Robinhood, which has experienced a significant move from 75 to 71.87. The strategy involves selling puts to collect premium, with the expectation that the stock will remain within a certain range. The speaker is debating whether to hold the position until the earnings report, which could impact the stock's price. The trade is considered a good one due to the move, but there is uncertainty about the outcome of the earnings report.
The speaker mentions selling 73 puts on Hood, indicating a short position. They also express a preference for buying Hood in the low 70s, suggesting a potential bullish outlook. The speaker's strategy involves selling puts to collect premiums, which is a common options strategy for generating income. The trade idea is based on the speaker's belief that the stock may not move significantly, allowing them to profit from the premium collected.
The speaker sold 74 puts against Robinhood, expecting the stock to trade within a certain range. However, the stock opened lower than expected, indicating a potential downside surprise. The trade's validity depends on the stock's movement relative to the strike price. The speaker acknowledges the risk of paying for the move, highlighting the need for careful risk management in such trades.
Robinhood was up 289.76, and Netflix was up 375, indicating significant price increases for both stocks.
A strangle in Hood with 80 strike put and 115 strike call for about 240.
Hood is the speaker's best performer this year. They buy Robin Hood on every down tick and sell puts on every down tick. They also sell puts in Coinbase when the stock gets to around 140, under 150ish.
The expected move for HOOD after earnings is 8 bucks, based on the current price of $87. The speaker is short a bunch of puts and is fingers crossed for the outcome.
The expected move for the July 70 puts on Robin Hood is $13.
Robinhood Ventures, which invests in pre-IPO deals.