I opened $HOOD 20240426 16.5 PUT$ ,💘 Robinhood is quite an interesting ticker I spotted recently. It is not just playing in the financial services playground; they're swinging high with stocks, ETFs, options, gold, and a crypto twist on their Robinhood Crypto platform. What's got me leaning in is their dazzling expected revenue and earnings growth—12.7% and over 100% this year, and the earnings whispers have been getting louder and more optimistic, up 8.7% in just the last week. On its price action, its stock surged 8.2% over the past month, outpacing the broader market and showing its financial muscle. The chatter around their earnings? A solid bet with a +141% year-over-year jump to a $0.25 EPS forecast, and it’s been ticking up, now 22.8% higher than just a month ago. Looking ahead, the forecasts are solid with an expected EPS growth of +20.8% next year. 🚀 Revenue-wise, Robinhood's not just growing; it's thriving, with expected sales to climb over 14% this quarter and maintaining a solid double-digit growth trajectory. Last quarter's reveal was a stunner: $471 million in revenue, topping the charts with a 24% jump year-over-year and beating EPS estimates like it’s their day job, up 400% from the year-ago period. I'm seeing green and not just on their app; Robinhood's numbers spell out a bullish beacon for me. Geared up with a cash-secured put (CSP) strategy, ready to ride the bullish wave with HOOD. Go HOOD! 🐃Side | Price | Realized P&L |
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Sell Open | 0.27 | -- Closed |
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HOOD at 16.5 is prone to easy fluctuations.
Where is the stop loss for HOOD?