Robinhood Markets, Inc. - Class A (HOOD) Covered Calls

Robinhood Markets, Inc. is a financial services company that operates a mobile-first electronic trading platform. It offers commission-free trading of stocks, exchange-traded funds, and options, along with cryptocurrency trading through its Robinhood Crypto subsidiary. The company also provides cash management services, retirement accounts, and credit cards, aiming to democratize finance for a new generation of retail investors through a simplified and highly intuitive user interface.

You can sell covered calls on Robinhood Markets, Inc. - Class A to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for HOOD (prices last updated Fri 4:16 PM ET):

Robinhood Markets, Inc. - Class A (HOOD) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
82.82 +10.14 82.71 82.96 53.7M 30 66
Covered Calls For Robinhood Markets, Inc. - Class A (HOOD)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 85 4.60 78.36 5.9% 144%
Mar 20 85 7.70 75.26 10.2% 86.6%
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Extended Business Description

Robinhood Markets, Inc. (HOOD) is a pioneer of the commission-free trading movement, designed to provide retail investors with frictionless access to the global financial markets. Originally known for its mobile-first brokerage app, the company has evolved into a comprehensive financial services platform that integrates investing, banking, and credit into a single digital ecosystem.

Core Business and Products

  1. Brokerage Services: The company allows users to trade thousands of U.S. listed equities and ETFs, as well as options and fractional shares, with no commissions. Recently, the company launched "Robinhood Legend," a professional-grade desktop platform featuring advanced charting and technical indicators, and expanded into futures and index options trading.
  2. Cryptocurrency: Through Robinhood Crypto, users can buy, sell, and hold a wide variety of digital assets. The company differentiates itself by offering competitive pricing and seamless integration with its standard brokerage account, alongside a non-custodial wallet for decentralized finance (DeFi) interactions.
  3. Robinhood Gold: This subscription-based service offers enhanced features such as higher interest rates on uninvested cash, lower margin rates, and a generous match on IRA contributions. It serves as a key driver of predictable, recurring revenue.
  4. Banking and Credit: The company has expanded into consumer finance with the Robinhood Gold Card and high-yield cash sweep accounts, aiming to become the primary financial hub for its younger, tech-savvy user base.

Competitive Landscape

The retail brokerage industry is characterized by intense price competition and a focus on user experience. The company’s primary rivals include traditional powerhouses such as Charles Schwab and Morgan Stanley (which owns E-Trade). In the mobile-first and fintech space, it competes directly with Interactive Brokers. As the company expands its digital asset and payment capabilities, it increasingly faces competition from Coinbase Global, PayPal, and Block. Additionally, the company has entered the prediction market space, allowing users to trade on real-world event outcomes.

Strategic Outlook and Innovation

The company is currently executing a strategy to transition from a niche trading app to a full-service financial institution. A major pillar of this growth is the "Robinhood Cortex" initiative, which embeds generative artificial intelligence throughout the app to provide personalized portfolio digests and conversational research tools for users. Management is also prioritizing international expansion, particularly in the UK and European Union, while diversifying revenue through new asset classes like futures and prediction markets. By focusing on the "Great Generational Wealth Transfer," the company aims to capture a larger share of assets under custody by offering institutional-grade tools paired with its signature ease of use. The goal remains to maintain high user engagement while diversifying revenue streams across transaction fees, net interest income, and subscription services.