Core Insights - Robinhood Markets Inc (NASDAQ:HOOD) stock is experiencing a decline amid a tech sector rotation, trading at $121.39, despite a 34% increase in equity trading volume and a nearly 22% rise in options trading volume from September to October [1] - The stock has decreased by 15.5% this quarter and is down 21.1% from its record high of $153.86 on October 6, although it remains up 277% year over year [2] - Options traders are showing bearish sentiment, with the stock's 50-day put/call volume ratio being higher than 93% of readings from the past year, and the Schaeffer's put/call open interest ratio in the 94th percentile of annual readings [4] - The stock tends to outperform options traders' volatility expectations, indicated by a Schaeffer's Volatility Scorecard (SVS) of 83 out of 100 [5]