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Re:Robinhood reports outage as markets rebound by nodesocket on Monday March 02, 2020 @04:55PM (#22469464)
I see a bunch of comments of people saying I lost $x amount because of the outage, however I wonder if that's actually true. It's much easier to say I was going to do x when doing x was unavailable.
Re:Robinhood reports outage as markets rebound by cranky_coder on Monday March 02, 2020 @05:09PM (#22469573)
It might be some of that, but folks on that subreddit tend to take super risky positions that can go south on them very fast. It’s possible a few made some really stupid bets during the crash and they couldn’t get out today.
Re:Robinhood reports outage as markets rebound by manigandham on Monday March 02, 2020 @05:54PM (#22469974)
It's impossible to know since the entire platform was down and both current positions and order entry were unavailable. I'm sure there's a lot of exaggeration but today was also the single best day of the DOW right after a 10% decline last week. That volatility can have massive changes in option pricing, especially short-dated expirations (like SPY options expiring today).