Trade of the Week: Robinhood | Investors Alley

Trade of the Week: Robinhood

April 4, 2022 6:45 am by Jay Soloff

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Options action returned in a big way last week to the meme stocks, made famous in 2021 through Reddit user groups. The primary platform for trading those meme stocks (and their options) was (and still is) Robinhood (HOOD). The popular mobile brokerage platform has struggled quite a bit since its heyday. However, heavy options activity in HOOD options may suggest the stock is about to become relevant again. A large combo trade in May options is at least one very bullish trade from last week.

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