Why does it feel like I'm selling my soul?
Robinhood Application
Benjamin Sanders
Other urls found in this thread:
act.webull.com
finance.yahoo.com
twitter.com
Justin Morris
Idk senpai but I don't think you should use Robinhood. It's not very good, and a lot of complaints exist for it. I use webull these days and imho, way better. Full after hours trading, more complicated and useful market data, better layout to give you an idea of the total market, and more complex order types. The way Robinhood handles options is why I left, order types are whack. Here's a link if you want to help me poo in the loo act.webull.com
As far as your thread goes, I blame the SEC more than anything. They write a lot of these rules and force them to be enforced on retail traders to make sure you can't make it.
Elijah Fisher
because the second you need to sell something it will "go down" and you will lose all your money
Jack Gray
Fuck that. I downloaded Webull when the RH nonsense was going on and it's horrible. Look at any option premium on webull, and then look at the exact same contract on RH, webull is higher everytime, they're clearly pocketing some difference. Can't buy options with instant deposits. Shitty looking UI on top of everything else.
Blake Collins
What do you use?
Jaxson Sanchez
RH averages the bid and ask. You dont get the price they list necessarily
David Barnes
My Robinhood options never execute at the lower spread and I have NEVER not been able to buy options with my instant deposits. Not sure what you're after on that one.
Aaron Rogers
I went right back to RH after trying TDA after WeBull. I'm not happy with it, but I'm not paying Jews for market data.
Leo Cox
No shit, yet it's the same bid and ask at WeBull, yet the premiums always higher. There is no legitimate reason why an option contract would have a different premium on different platforms, the bid/ask isn't unique to platform. Every premium is an average of the ask and bid, yet Webulls average is higher; They're clearly inflating contracts and pocketing the difference.
Isaac Harris
Set a limit order. Post an S/S of not being able to buy options with instant deposits. It's literally the only way I trade is buying options with instant deposits. I've never had a single issue before.
Colton Torres
>taking investment advice from a retard who cant multiquote
Justin King
Here's an example, look at the 290 call for Monday, closed out on RH at 4.25, WeBull has it closing at 4.66. Really would love to know where that $31/contract extra goes.
James Rogers
> Because it's impossible that I would reply, and then other replies load
> Don't take investment advice from someone who isn't a Zig Forums pro
Always do the exact opposite of what/biz says.
Gabriel Moore
Can't say I run into that, if anything I notice webull has a lower price on the options I have bought personally.
Henry Cruz
Get a real broker faggot. Robinhood always crashes when market crashes
Carter Cox
But going by Robinhood, the last sold contract was for 4.64. So seems consistent enough to me.
Grayson Jenkins
finance.yahoo.com
Not sure, I'm a little more inclined to throw Robinhood under the bus here than Webull.
Jacob Harris
Here's the bid and ask for the 290c for Monday. Next I'll post the 'bid/ask' from WeBull. Again there is no legitimate reason these would vary.
Noah Sullivan
Actually already posted here. Notice how the ask/bid are higher on WeBull? It's because they're inflating them. These bid/asks are market wide, they aren't unique to platforms.
Xavier Ramirez
Exactly -- and it looks to me that Robinhood is way off the mark here
Benjamin Johnson
You're retarded. The mark is the last sale. What you're claiming is that RH is lowering the bids/asks, and as a result losing money on every options contract. I think it's safe to say it's more likely WeBull is inflating them and pocketing the difference. It isn't sometimes either, literally every single option contract has way higher bids/asks than anywhere else, despite the fact that it's supposed to be market data.
Cameron Brooks
> Is not the last sale*
It's the average between the bid and the ask, which again are marketwide and not unique bidders on RH or Webull. There is 0 legitimate reason these numbers should ever vary, and yet WeBulls are always more expensive.
Brody Price
Rude, bitch. You need to finish the thread before you make a reply I JUST linked you a third party site
Caleb Davis
Yes user, Yahoo is giving you live option info for free, something every broker charges for. It totally makes sense that RH would seek to lose $31 per contract as opposed to WeBull making that money. The problem with your theory is there's 0 incentive for RH to have a lower price whereas there's a massive profit motivator for WeBull to inflate them.
Benjamin Lee
Actually RH does lower the premiums, but when you sell them they sell for the higher price and RH keeps the difference.
Jeremiah Collins
Ameritrade.
I'm not real sure why you're going to bat so hard for Robinhood here. Consider the following -- Robinhood isn't pulling the most up to date market information and affects the displayed data. I mean, it isn't exactly known for being well programmed in the first place. It isn't that Robinhood is seeking to sell options prices lower...but moreso that their app doesn't work well enough to update fast enough with the data. Or something else is up. I'm not gonna pay for options history data just to really prove one of us wrong or right, but I really don't trust RH looking at what I've seen now. Also is why I stopped using it kek, got tired of orders that should have filled that don't. They blatantly do it with crypto.
Easton Kelly
>never used any service ever
Must be nice being 14, unfortunately this website is 18+.
Ayden Collins
He's talking about webull you illiterate retard.
Safety feature. Robinhood knows you're retarded and will sell everything for a 95% loss when a crash happens so they shut it down to protect your money.
You're actually a retard and will lose every single cent you gamble with.
Carter Rodriguez
not an argument
>robinhood shills on MY Zig Forums
Holy fuck I didn't believe it until today.
Jace Butler
I don't 'like' RH. I do like it more than paying Jews at TDA for market data, on top of options contracts. What people love to ignore about the RH glitch crash is even TDA, Schwab and other big names were down for hours days before. I lost hundreds during their crash, and I'd gladly lose hundreds more due to technical glitches than pay Jews for market data.
Adam Wood
What the fuck. That sounds like you lose either way