Reported 24 days ago
Robinhood's recent earnings report indicates a significant increase in options trading, highlighting a growing trend among retail investors towards high-risk investments. Trading volume surged, resulting in options revenue climbing to $202 million in the third quarter, overshadowing stock trading revenues. This shift illustrates a deeper engagement with derivatives amidst a backdrop of increased retail participation, particularly during the pandemic, alongside the company's commitment to serving traditional index fund investors.
Source: YAHOO