Robinhood reports outage as markets rebound

Re:Robinhood reports outage as markets rebound by manigandham on Monday March 02, 2020 @09:37PM (#22471323)

How are you calculating this? You wouldn't have a total return of -$722k if you only lost $9k.

They could easily have 1M worth of options that have now decreased in value, which is what it looks like since AMZN went up Friday and today.

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Re:Robinhood reports outage as markets rebound by sombremesa on Monday March 02, 2020 @10:23PM (#22471520)

Edit: see below. My math was a bit off.

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Re:Robinhood reports outage as markets rebound by thefreeman on Monday March 02, 2020 @11:06PM (#22471703)

no... it’s 140 option contracts which provides the option for 14000 shares. they were bought for $66 x 100 x 140 = $924,000 and are now worth $14.43 x 100 x 140 = $202,000.

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Re:Robinhood reports outage as markets rebound by kenneth on Tuesday March 03, 2020 @02:53AM (#22472660)

Risk / reward is proportional. You could have easily made a killing if the markets moved the right way. In fact, anything could happen by Friday. He only needs and 10% move up be in the black

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