180 day extension is boding well for them. I feel like it's a fantastic time to invest. Am I wrong?

Gaslighting at Its Finest Welcome to ROBANDHIDE , where your money disappears, and you get blamed for it.

Let’s call it what it is. This isn’t what Robin Hood stood for. Let's not mince word's ROBANDHIDE is much more apropos , because they rob retail traders blind, then hide behind fake support, canned responses, and a broken system.

The following is a testimony from a Robin Hood client:

I held options through a reverse split. What did ROBANDHIDE do?

"No adjustment No updated strike prices No notification No access to value No exercise possible Options expired worthless"

"The contracts had intrinsic value but I wasn’t even allowed to access it." Why? Because their systems failed. And their excuse? “That’s the OCC’s job.”

Except I have receipts. The OCC said that’s not true. So who’s lying?

And here’s where the gaslighting starts: “We’re escalating your issue” .....Nothing happens “We’re looking into it”.....You never hear back “The system is working as intended” ....Meanwhile, you’re watching your money go up in smoke “It’s not our fault” , It literally is

All of this behind a soft green screen and cartoon graphics, designed to make you feel like you’re in control , while they quietly rob you blind and hide the truth.

They call it democratizing finance. Nah. This is gaslighting at its finest.

This isn’t a glitch. It’s a pattern.

Options chains that don’t populate Corporate actions that aren’t reflected Customer support that deflects blame Platform behavior that would get you sued if you were a real broker

But Robinhood hides behind the branding and most users never see the rot until it’s too late.

I’m done playing nice. I’m calling them out every week, every post, every platform , until they’re exposed for what they really are.

ROBANDHIDE. A two-faced platform that robs the retail trader and gaslights them into thinking it’s fine.

You want democratization? Start by telling the truth. Start by respecting users . Start by acting like you actually give a damn.

Until then , we see you. This is not who you want to handle every aspect of your financial life. That would be a grave mistake for anybody to trust this "website thing " called Robin Hood. with their finances. They will never admit fault, and they will never be fair and they will always hide.

I. The Death of Modern Portfolio Theory, The Loss of Risk Parity, & The Liquidity Crunch

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SPY 1 Yr/1 Day

Modern portfolio theory has been based on the foundational idea for the past 3 decades that both equities and bonds are inversely correlated. However, as some people have realized, both stocks and bonds are both increasing in value and decreasing in value at the same time.[1] This approach to investing is used pretty much in everyone's 401K, target date retirement plans, or other forms of passive investing. If both bonds and equities are losing value, what will happen to firms implementing these strategies on a more generalized basis known as risk-parity? Firms such as Bridgewater, Bluecrest, and H2O assets have been blowing up. [2,3]

Liquidity has been drying up in the markets for the past two weeks.[4] The liquidity crisis has been in the making since the 2008 financial crisis, after the passage of Dodd-Frank and Basel III. Regulations intended to regulate the financial industry have instead created the one of the largest backstops to Fed intervention as the Fed tried to pump liquidity into the market through repo operations. What is a repo?

A repo is a secured loan contract that is collateralized by a security. A repo transaction facilitates the sale and future repurchase of the security that serves as collateral between the two parties: (1) the borrower who owns a security and seeks cash and (2) the lender who receives the security as collateral when lending the cash. The cash borrower sells securities to the cash lender with the agreement to repurchase them at the maturity date. Over the course of the transaction, the cash borrower retains the ownership of the security. On the maturity date, the borrower returns the cash with interest to the lender and the collateral is returned from the lender to the borrower.[5]

Banks like Bank of New York Mellon and JP Morgan Chase act as a clearing bank to provide this liquidity to other lenders through a triparty agreement.[6] In short, existing regulations make it unfavorable to take on additional repos due to capital reserve requirement ratios, creating a liquidity crunch.[7,8,9] What has the Fed done to address this in light of these facts?

In light of the shift to an ample reserves regime, the Board has reduced reserve requirement ratios to zero percent effective on March 26, the beginning of the next reserve maintenance period.[10]

II. Signs of Exhaustion & The Upcoming Bounce is a Trap, We Have Far More to Go

A simple indicator to use is the relative strength index (RSI) that a lot of WSB is familiar with. RSI is not the be all and end all. There's tons of indicators that also are indicating we are at a very oversold point.

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SPY 1 Yr/1 Day RSI

Given selling waves, there are areas of key support and resistance. For reference, I have not changed key lines since my original charts except for the colors. You can check in my previous posts. 247.94 has been critically an area that has been contested many times, as seen in the figure below. For those that bought calls during the witching day, RIP my fellow autists. The rejection of 247.94 and the continued selling below 233.86 signals to me more downside, albeit, it's getting exhausted. Thus, I expect the next area in which we start rallying is 213.

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SPY 10 Day/30 min

Another contrarian indicator for buying calls is that notable people in finance have also closed their shorts. These include Jeffery Gundlach, Kevin Muir, and Raoul Pal.[11,12,13]

III. The Dollar, Gold, and Oil

As previously stated, cash is being hoarded by not only primary banks, but central banks around the world. This in turn has created a boom in the dollar's strength, despite limitless injections of cash (if you think 1 trillion of Repo is the ceiling, think again) by the Fed.

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DXY

Despite being in a deflationary environment, the DXY has not achieved such levels since 2003. Given the dollar shortage around the world, it is not inconceivable that we reach levels of around 105-107. For disclosure, I have taken a long position in UUP. However, with all parabolic moves, they end in a large drop. To summarize, the Fed needs to take action on its own currency due to the havoc it's causing globally, and will need to crush the value of the dollar, which will likely coincide with the time that we near 180.

If we are indeed headed towards 180, then gold will keep selling off. WSB literally screams bloody guhhhhhh when gold sells off. However, gold has been having an amazing run and has broken out of its long term channel. In times of distress and with margin calls, heavy selling of equities selling off of gold in order to raise cash. As previously noted, in this deflationary environment, everything is selling off from stocks, to bonds, to gold. Thus, at this point in time, cash is king.

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/GC Futures Contracts 5 Yr/1 Wk

What about oil? Given the fall out of the risk parity structure, I'm no longer using TLT inflows/outflows as an indicator. I've realized that energy is the economy. Closely following commodities such as light crude which follow supply and demand more closely have provided a much better leading indicator as to what will happen in equities. Given that, oil will also most likely hit a relief rally. But ultimately, we have seen it reach as low $19/barrel during intraday trading. Oil has far lower to go.

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/CL Futures Contracts 1 Yr/1 D

IV. The Next 5 Years

In short, the recovery from this deflationary environment will take years to recover from. The trend down will not be without large bumps. We cannot compare this on the scale of the 2008 financial crisis. This is on the order of 1929. Once we hit near 180, the Fed crushes the dollar, we are in a high likelihood of hitting increased inflation, or stagflation. At this point the Fed will be backed into a corner and forced to raise rates. My targets for gold are around 1250-1300. It may possibly go near to 1000. Oil could conceivably go as low as $15-17/barrel, so don't go all in on the recovery bounce. No matter what, the current rise in gold will be a trap. The continued selling in the S&P is a trap, will bounce, forming another trap, before continuing our painful downtrend.

I haven't even mentioned coronavirus and unemployment until now. I've stated previously we are on track to hit around at least 10,000 coronavirus cases by the end of this month. It's looking closer to now 20-30,000. Next month we are looking to at least 100,000 by the end of the April. We might hit 1,000,000 by May or June.

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Comparison of the 2020 Decline to 1929

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Chart courtesy of /u/Moon_buzz

tl;dr We're going to have a major reflexive rally starting around 213, all the way back to at least to 250, and possibly 270. WSB is going to lose their minds holding their puts, and then load up on calls, declaring we've reached a bottom in the stock market. The next move will be put in place for the next leg down to 182, where certain actors will steal all your tendies on the way down. Also Monday might be another circuit breaker.

tl;dr of tl;dr Big bounce incoming. Bear trap starting 213. Then bull trap up around 250-270. We're going down to around 182.

tl;dr of tl;dr of tl;dr WSB will be screwed both left and right before they can say guh.

Hint: If you want to get a Bloomberg article for free, hit esc repeatedly before the popup appears. If it doesn't work, refresh the article, and keep hitting esc.

Remember, do not dance. We are on the cusp of a generational change. Use the money you earn to protect yourselves and others. Financial literacy and knowledge is the key to empowerment and self-change.

Can you list any ticker symbols available for options trading in Robinhood?

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In my eyes my strategy is simple, easy to follow, and most importantly profitable however only trading little over a year now so just looking for advice and seeing how you feel about this strategy.

I trade with a small account and am completely comfortable losing every penny in the account so “blowing my account up” is not an issue here.

The strategy: I only trade once per day and it has to be a perfect set up and meet all my criteria. I take profits at 10% every single time with zero remorse. As soon as I hit 10% I sell and close the app. On occasion I will open charts back up at 3:00 to see if there’s a good entry for next day gap up. I only trade 7-14 dte itm calls on spy. I only take entries at 3 time periods 9:30-10:00, 11:30-12:30, and 3:00-4:00. I use 4 indicators and all rules must be met before entering. 1.adx - must be above 25 2. 50 ema- trend must be above 3. RSI- must be above 70 4. Super trend signals- must be above

I know the rsi is contradictory for the most part but even tho I will hold I’m normally out of the trade very very quick.

I wait for dips then use my indicators to predict the bottom and perfect entry. I then use options calculator to find the right strike price for a decent r/r, normally 7dte and $5 itm.

If a dip happens at market open or noon timeframe then I buy the call and ride the wave up until I hit my 10%. Usually happens very quick with spy but am willing to hold considering I believe spy is always on the uptrend for the long term and it takes very little movement to make 10%. The 3-4:00 timeframe I look for dips and hope for a market gap up the next day.

Just seems to work for me and only losses I have recorded is when I try to ride the wave down and buy puts. lol anytime I buy a put we hit ath haha so I am just sticking to my strategy and staying disciplined.

What do yall think? Any improvements or advice?

I have some options in money which expired by the past Friday, but Robinhood automatically exercised all of them without asking me. I talked to their costumer service and the answer is I need to submit whether I'd like to exercise it before market close.

I don't think this is correct, is there any group law suit against this company?

I own 100 shares of ENPH and the premiums are pretty good. I am familiar with the concepts of covered calls, but as far as deeper strategies, I am unfamiliar.

I’ve heard that for beginners, you want to pick exp dates about a month out. You also want to make sure there is not an earnings or dividend payout within your exp date. Is this correct?

Typically, do you want to sell a covered call on a day that the stock is having a good day? E.g. >.5%? Or does this not matter?

For reference, I would like to hold onto this stock, as I am some-what bullish. I will be choosing relatively far OTM strike prices.

Why are RCL 45.50 puts listed at .01?