Whales with a lot of money to spend have taken a noticeably bullish stance on Robinhood Markets.
Looking at options history for Robinhood Markets HOOD we detected 58 trades.
If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 39% with bearish.
From the overall spotted trades, 16 are puts, for a total amount of $785,781 and 42, calls, for a total amount of $2,846,110.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $60.0 for Robinhood Markets over the recent three months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Robinhood Markets's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Robinhood Markets's substantial trades, within a strike price spectrum from $15.0 to $60.0 over the preceding 30 days.
Robinhood Markets Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
HOOD | CALL | TRADE | BULLISH | 01/16/26 | $10.95 | $10.75 | $10.92 | $45.00 | $357.0K | 4.8K | 484 |
HOOD | PUT | SWEEP | BULLISH | 02/21/25 | $13.1 | $13.0 | $13.0 | $55.00 | $174.2K | 118 | 5 |
HOOD | CALL | SWEEP | BEARISH | 02/14/25 | $3.35 | $3.25 | $3.25 | $44.00 | $162.5K | 1.6K | 55 |
HOOD | CALL | TRADE | BEARISH | 01/17/25 | $28.05 | $27.9 | $27.9 | $15.00 | $139.5K | 14.4K | 529 |
HOOD | CALL | SWEEP | BEARISH | 01/17/25 | $28.0 | $27.9 | $27.9 | $15.00 | $139.4K | 14.4K | 429 |
About Robinhood Markets
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Following our analysis of the options activities associated with Robinhood Markets, we pivot to a closer look at the company's own performance.
Present Market Standing of Robinhood Markets
- With a trading volume of 17,678,398, the price of HOOD is up by 7.01%, reaching $42.37.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 29 days from now.
What Analysts Are Saying About Robinhood Markets
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $45.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Keefe, Bruyette & Woods has decided to maintain their Market Perform rating on Robinhood Markets, which currently sits at a price target of $38. * An analyst from Barclays persists with their Overweight rating on Robinhood Markets, maintaining a target price of $54. * Showing optimism, an analyst from JP Morgan upgrades its rating to Neutral with a revised price target of $43. * An analyst from Citigroup persists with their Neutral rating on Robinhood Markets, maintaining a target price of $45.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Robinhood Markets options trades with real-time alerts from Benzinga Pro.
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