Robinhood Markets Option Alert: Nov 15 $35 Calls At The Ask: 5431 @ $0.12 Vs 6888 OI; Earnings 10/30 After Close Ref=$22.45
Portfolio Pulse from Benzinga Newsdesk
An option alert for Robinhood Markets (HOOD) shows a significant trade of Nov 15 $35 calls at the ask price of $0.12, with an open interest of 6888. This comes ahead of their earnings report on October 30, with the stock currently at $22.45.
October 01, 2024 | 5:35 pm
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Robinhood Markets sees a notable options trade with Nov 15 $35 calls at $0.12, indicating potential bullish sentiment ahead of their earnings report on October 30. Current stock price is $22.45.
The large trade in call options suggests that investors might be expecting a positive move in Robinhood's stock price, especially with earnings approaching. The strike price of $35 is significantly above the current price of $22.45, indicating bullish sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90