Investing
Robinhood's Lucrative Options-Trading Platform Attracts Mounting Scrutiny
- Firm discloses a surge in monthly options activity during 2020
- But that comes with fresh scrutiny into how app vets rookies
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As one beleaguered stock after another suddenly soared in January, so too did queries on Google: “How to trade options on Robinhood.”
Robinhood Markets’s options-trading platform, barely three years old, is charting a meteoric rise in the Covid-19 pandemic, establishing the firm as the venue of choice for throngs of retail investing enthusiasts.