Robinhood Stock a Hit With Options Bulls Before SPX Debut
Robinhood Markets Inc (NASDAQ:HOOD) stock officially joined the S&P 500 Index (SPX) earlier today. The shares were last seen 0.8% lower to trade at $123.73, taking a breather from back from Friday's rally to a record high of $125.18. Comfortably above all long- and short-term trendlines, the security has also found an additional layer of support at $110 and sports a 445.4% year-over-year lead.This positive price action hasn't gone unnoticed by options traders. Robinhood stock snuck into Senior Quantitative ...