HOOD Robinhood Markets Options Ahead of EarningsIf you haven`t bought the dip on HOOD here:
Then analyzing the options chain and the chart patterns of HOOD Robinhood Markets prior to the earnings report this week,
I would consider purchasing the 12usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $1.88.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
HOOD
Robinhood's Resurgence: A Profitable Pivot and Promising GrowthRobinhood ( NASDAQ:HOOD ), the once-controversial trading platform, has emerged from the ashes of scrutiny to shine with a profitable fourth quarter and a bullish outlook for 2024. With a 12% surge in premarket trading, Robinhood's ( NASDAQ:HOOD ) unexpected profit and robust revenue growth forecast have caught the attention of investors and analysts alike, signaling a potential shift in the company's trajectory.
Riding High on Profitability:
Robinhood's ( NASDAQ:HOOD ) fourth-quarter earnings report exceeded Wall Street's expectations, as the company capitalized on higher interest income from customer loans and a resurgence in trading activity fueled by cryptocurrencies and equities. Despite its tumultuous past, Robinhood's Chief Financial Officer, Jason Warnick, expressed confidence in the company's ability to sustain profitable growth, emphasizing a focus on driving net deposits higher while keeping expenses in check.
Growth Trajectory:
A significant milestone for Robinhood ( NASDAQ:HOOD ) was the surge in assets under custody (AUC), which skyrocketed by 65% year-over-year to $102.6 billion in the fourth quarter. This remarkable growth was attributed to continued net deposits and increased equity valuations. Analysts from J.P. Morgan lauded Robinhood's achievement, noting that AUC breached the $100 billion mark for the first time since Q2 2021, indicating a resurgence reminiscent of the meme trading peak.
Diversification Strategy:
Recognizing the need to reduce reliance on transaction-based revenue, Robinhood ( NASDAQ:HOOD ) has been actively diversifying its business model. The company aims to shift towards product offerings and margin investing, thus expanding its revenue streams beyond traditional trading activities. This strategic pivot reflects Robinhood's commitment to long-term sustainability and resilience in a dynamic market environment.
Analyst Optimism:
Wall Street analysts have responded positively to Robinhood's ( NASDAQ:HOOD ) upbeat earnings report, with Piper Sandler highlighting "very strong net deposit trends" expected in the first quarter. The consensus among analysts is that Robinhood's profitability and growth prospects position the company on a stronger footing moving forward, paving the way for continued success in 2024 and beyond.
Conclusion:
Robinhood's ( NASDAQ:HOOD ) surprising profitability in the fourth quarter and optimistic revenue growth forecast for 2024 mark a significant turnaround for the company. Buoyed by robust net deposits and a strategic shift towards diversification, Robinhood ( NASDAQ:HOOD ) is poised to capitalize on emerging opportunities in the financial markets. As the company navigates its path forward, investors are keenly watching to see if Robinhood ( NASDAQ:HOOD ) can sustain its momentum and carve out a new chapter of success in the ever-evolving landscape of retail investing.
Robinhood (NASDAQ: HOOD) Announces UK Launch
Robinhod (NASDAQ: HOOD) Chief Executive Officer Vlad Tenev recently said that he does not think that the payment for order flow (PFOF) model of market-maker routing that the firm incorporates in the United States is under any type of threat.
This would be despite suggestions from various consumer trading advocates as well as regulators for a complete ban on the PFOF model.
In statements shared with CNBC, Tenev reportedly defended the PFOF model, noting that it is inherently “here to stay.” He was making a reference to PFOF as it currently exists in the US, where the practice has been made legal and is well-regulated.
PFOF is essentially the practice of routing trades via market-makers such as Citadel Securities in exchange for a portion of the profits.
The business model has helped trading companies such as Robinhood with lowering commissions all the way down to zero, making it more economical for consumers to invest in a large range of stocks.
PFOF has been considered controversial due to the apparent conflict of interest it can potentially create between the broker and customers.
Industry professionals claim that brokers have an incentive or motivation to direct order flow to market makers providing PFOF arrangements over the best interests of customers.
At present, PFOF is banned in the United Kingdom, where Robinhood revealed its plans to launch operations (this past Thursday).
Notably, the US Securities and Exchange Commission (SEC) had looked into the possibility of placing a ban on PFOF due to concerns regarding the practice, however, the regulator decided not to do so, meanwhile, the EU has placed a complete ban on PFOF.
PFOF reportedly makes up for a relatively small amount of Robinhood’s total revenues, Tenev calims, and most of its earnings come from net interest income which is obtained from cash in user account balances.
Good-Buy STOCKS: HOODHi Traders, Investors and Speculators of Charts📈📉
After losing nearly 90% of it's high, NASDAQ:HOOD is currently trading close to all-time lows. This could make for a great buy and hold opportunity, whilst some patience may be needed to wait for ideal target zones.
Higher lows are observed after bottoming out at $6, indicating that the bottom is most likely in for HOOD. In other words a spot entry here has a really low risk and high reward setup.
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NASDAQ:HOOD
Coinbase - The Moonboy GuillotineFrankly speaking, Coinbase is a stock you actually want to keep a careful eye on, because as the US/International regimes fully integrate digital currency, Coinbase is quite likely to be a key organ of the network.
But for now, this thing is worth $14 billion still and at a time that the crypto market is doing really poorly, Binance and Tether are ticking timebombs waiting to go full Mt. Gox, and banks are about to establish real crypto exchanges.
The current breed of digital currencies, including Bitcoin and Ethereum, are things that have been corrupted by Chinese Communist Party entities.
All the way from the mining cartels to the communities to the Ethereum foundation, there are links to mainland China every step of the way.
And this is something you should really be worried about when the new International Rules Based Order policy is about "de-risking" from China.
And moreover, China has a lot of problems from the pandemic, the coming possibility that Xi Jinping will coup d'etat the CCP in the middle of the US night one day soon, and the looming persecution of Falun Gong since 1999 by the Jiang Zemin faction.
The timing is a little off to go long, but since you're being told it's time for $100,000, if you believe it, then I suppose you've consented to losing your money.
Right now I have calls on Bitcoin for $33,000 to $35,000:
Bitcoin - Balance Amidst FUD
And Ethereum for a $2,130~ double top:
Ethereum - Prepare For The $2,150 Double Top
In my opinion, with the chart set up and pattern, the Coinbase market maker is not going to create higher prices.
The target is below the December low.
Numbers like $15 or $18 are what the low will look like ultimately.
And so right now if you're long on this I recommend you sell on a breakout of this April-July trendline around $69.
If you don't sell your shares now I really do believe these prices won't be seen again for at least 2 years.
I do not believe price will break $72 because the market maker is actually short.
For now, the trade gives a scalp opportunity to go from $61 to $69 as well.
The target is the very bottom. And then a new new bottom of the new bottom.
Afterwards, perhaps Coinbase will rise again.
HOOD - Is someone loading the boat?We see the long base.
It looks like accumulation to me.
The Pitchforks L-MLH shows good support in the angle price is flowing.
Now that price climbed above the 200 D. MA, it's even more worth putting HOOD on the watch list, or even start to buying in.
In such situations, where it looks good, but no clear indication by my strategy fires, I reverse pyramid my position, for example like:
1. Buy = 50%
2. Buy = 25%
3. Buy = 12.5%
...and so on, until I have my full stake on the plate.
And of course I look for profit taking on the way up, selling 1., then 2. then 3. ....
And I always try to optimize with Options Strategies. So, what ever happens, I sleep like a Baby §8-)
Netral on Coinbase and Crypto for a whileVolatility will remain high for COIN stock, so its options are playable.
For long term bagholders, have money ready and deploy it sub $45 a share
Add some underlying Privacy Asset: Zcash (ZEC) to your portfolio under $50 and play it up to $500 in 2024-2025
Crypto is the future, so are crypto scams, exchange insolvencies, thefts, lost private keys, and pump and dumps. Use Caution and Dilligence.
Local Coinbase support should be around 35-38 and upper resistance around 84-88 bucks
Robinhood to delist SOL SolanaIf you haven`t sold Solana here:
Then you should know that Robinhood, the well-known trading platform, will discontinue its support for three cryptocurrencies implicated in SEC lawsuits against Binance and Coinbase.
Effective from June 27, 2023, Robinhood will no longer provide support for Cardano (ADA), Polygon (MATIC), and Solana (SOL).
In My opinion MATIC will test the support of 13usd.
Looking forward to read your opinion about it.
HOOD - DAILY BULLISH DIVERGENCE - BUY NOW?HOOD printed a DAILY BULLISH DIVERGENCE.
The price has created the first higher low since a long time.
245 % gains are likely if you are patient.
Once 19-20 $ is taken, the price will fly.
Take profit levels and final target are shown on the chart.
In my opinion , if it drops lower, may be worth to DCA into HOOD.
HOOD | Robinhood Markets - Bullish Harmonic PatternHOOD | Robinhood Markets - Bullish Harmonic Pattern
As we all have seen the stock market is suffering losses for a long
period of time and it is barely finding the bottom.
However, for many, this could be also a wonderful opportunity despite the
the fact that the price can stay in very low zones for a long period of time.
However, related to the economic perspective the U.S economy is very strong
and there is no reason for the stocks not to begin the recovery.
Yes, it is dangerous to buy now but not impossible.
In my opinion, HOOD is undervalued for the moment and the price reaction
at the Harmonic pattern, completion showed to be true.
After any small pullback HOOD could be a good buy opportunity.
Targets:
🎯 9.50
🎯 10.50
Thank you and Good Luck!
Meme Basket Found - AMC CHPT COIN DT F FIVN GME GRAB HOOD LUMNTo add a good approximation of what the current meme basket looks like just copy this and add it as a new symbol.
AMC+CHPT+COIN+DT+F+FIVN+GME+GRAB+HOOD+LUMN
This is the current basket and someone's sold $166 mil worth of spreads ranging between $0.4 up to $6.3 in spread on this basket on the 7'th of Dec and 15'th of Nov. There's around 78 transactions worth $2m each done in quick succession on those dates.
Here's the stocks that are part of this basket:
AMC
CHPT
COIN
DT
F
FIVN
GME
GRAB
HOOD
LUMN
This isn't that good because HOOD is part of the basket and so is AMC (which we all kinda knew). But because HOOD is part of this basket and FTX's was hoarding HOOD shares that may be sold off in the market (hopefully will be sold in a block trade auction instead), if those HOOD shares are sold at market value, they'll tank the whole basket. Regardless, even if sold algorithmically, those HOOD shares are going to have a decently big effect on the basket (Price go down).
This is a weird basket with lots of mixed sectors... All i can say is that there's a falling wedge which indicates that something may start occuring in Feb just in time on Feb 21 for the quarterly meme run. Hopefully the whole market doesn't decide to correct again on that date like it has the past few cycles specifically on that EXACT day out of coincidence...
Found this swap in the DTCC- SEC swap depository online as this is something i've been tracking for a bit over a year now. Since a month ago SWAPS are reported with a lot more and useful information and the full meme basket name is now visible basically.
Robinhood HOOD 1W ChartToday you can review the technical analysis idea on a 1W linear scale chart for Robinhood Markets, Inc (HOOD).
Robinhood price has broken out of an ascending triangle and re-tested the resistance heading lower. Measured move could bring the price down to $6. It is a weekly chart so it may take some time to get there.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
SCWB- Sustained Uptrend Curently in a Momentum SqueezeSCHW has done well in a bad year for the market. the earnings release in October looked good.
The stock has gained 25% in the past 4 months very consistentl which shows relative strengh
compared with SPY which has descended badly.
On the daily chart it is sitting above an ascending Ichimoku cloud. This has been trading above
VWAP since Late October showing an overall bullish bias.
The Momentum indicator shows a current squeeze with the Bollinger Bands constricting around
the price action. I am looking to trade this as a call option with a one-month expiration.
Fundamentally, SCWB will be busy this December as the number of tax loss sales to
book capital losses will likely be astronomical.
Hood Buyout Incoming?Sam is gone, forced liquidated and hood made the right shoulder?
Don't think this stock is going to survive on its own, nor if their is going to be a buyout that is going to be higher than $20
Not investment advice, do your own due research.
Look First / Then Leap
Just speculating...
HOOD BULLISH AND BEARISH SCENARIO $$$As you can see, since HOOD formed a double top pattern, it has been consistently declining from the second peak. I have marked out the important resistance and support lines for you to get a better idea of where HOOD is headed. If HOOD is able to break the current resistance, it has a chance of retesting the main support again, but it tested the current resistance yesterday and failed to break through, giving us a rough sketch that HOOD might decline further.