Options are like holding dynamite in a margin account. This investor has a deficiency. Read the text beside [!].
Deleting the Robinhood app is the easiest solution:
If you're $1,000 in debt, that's your problem.
If you're a million dollars in debt, that's Robinhood's problem.
Unfortunately, this trader would still owe that money, since the options did not play out as expected.
What is the fair value on $HOOD stock? The stock scores are weak in all but sentiment (93/100). The stock gained 132.2% in the last year.
The stock broke out twice, after the earnings report:
More analysts rate the stock a...