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A Robinhood trader tells us how he raked in a 2,400% return in 5 days as coronavirus and oil hammered markets
After turning $5,000 into $123,000, the amateur investor said he might buy "a $100 bottle of scotch and a nice pair of cowboy boots."
Options markets are so optimistic, they look like they did during the tech bubble of the early 2000s.
A Reddit trader claims to have raked in a $4.3 million gain by betting on Tesla’s skyrocketing stock
If the trader didn't sell their positions on Tuesday, they stands to lose much of their gains from Tesla's Wednesday slump.
Tesla earnings will send the stock swinging more than usual, and data shows a double-digit move is likely
There's less open interest in near-term puts this quarter compared to last, hinting at weaker bets on an earnings miss, according to Trade Alert.
US stocks near all-time highs has traders talking about a ‘gamma flip’ — and what might happen if things turn bad
The gamma flip is supposed to happen at levels of roughly 3,070 points in the S&P 500. Here's what it is.
A Reddit trader claims to have found a new ‘infinite money’ glitch on Robinhood — one that piggybacks on November’s exploits
The strategy involves an "iron condor" options strategy, and the Reddit trader says it works with Facebook, Amazon, and Take-Two Interactive stock.
Robinhood’s ‘infinite money’ glitch has reportedly drawn regulatory scrutiny — and the company could be fined
The Securities and Exchange Commission and the Financial Industry Regulatory Authority are the two agencies most likely to investigate the matter.
The jig is up: Robinhood says it’s closed the ‘infinite leverage’ loophole that allowed users to build positions worth millions
The trading platform has implemented a "permanent update" meant to "prevent anyone from engaging in this pattern of trades," a spokesperson said.
A stock-trading Reddit forum has minted a group of hall-of-famers who best exploited Robinhood’s ‘infinite leverage’ glitch. Here...
The list includes the trader who first discovered the glitch and one who allegedly lost $180,000 and had his account suspended.
Copycat traders are one-upping each other as they exploit Robinhood’s ‘infinite money’ glitch — and one user now holds a $1.7 ...
Though the glitch was only discovered days ago, some traders are racing to exploit the bug for increasingly large trades.