Robinhood is said to draw on bank credit lines amid tumult

Re:Robinhood is said to draw on bank credit lines amid tumult by rblatz on Thursday January 28, 2021 @09:03PM (#25952683)

Yeah, I was saying if I were an employee I’d take the slap on the wrist. Likely life changing money on the table. Maybe look into doing what Mark Cuban did with his costless collar if the shares are locked up at a company controlled broker. Although volatility may make that less of a good deal.

https://www.acceleratedfi.com/real-world-options-example-how...

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Re:Robinhood is said to draw on bank credit lines amid tumult by ironSkillet on Thursday January 28, 2021 @09:31PM (#25952948)

In the current environment, it would be impossible to find a long dated symmetrically priced collar like Cuban did. Everyone knows these hype stocks will eventually tank, it's just a question of how and when.

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Re:Robinhood is said to draw on bank credit lines amid tumult by eunoia on Thursday January 28, 2021 @10:59PM (#25953699)

Interesting that Yahoo allowed option trading on the underlying security during the lockup period. Is that ordinary?

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Re:Robinhood is said to draw on bank credit lines amid tumult by wbl on Friday January 29, 2021 @12:53AM (#25954508)

The bankers got a good deal smarter after that.

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