Trader thinks he found a no risk trade. Gets rekt on epic proportions.

[RRY16]

Karen or Sweet Bobby must have switched over to RH from TT.

 

[ajacobson]

1/9/2019 66.52 0.00 0.00 0.00 54.61 0 157

Nothing trades in the $10 calls on 1/09/2019 and OI ends at 157

1/10/2019 0.00 50.90 55.50 50.90 52.10 510 154

1/10 510 trade and OI drops to 154 - either three got exercised or some of the volume was closing. The OI should change for the trades done on the 10th on the 11th.

1/11/2019 62.05 53.75 53.75 48.84 48.96 62 620
Open interest pops to 620 - 154+510 and thinking naively OI should have gone 664 so either some got exercised or there were closing trades.

1/14/2019 62.36 50.00 50.84 50.00 50.84 26 388
1/14 the OI drops on almost no volume so let's assume it is all exercise.

Here's the whole dataset, but I know it is difficult to decipher.

These are the 2021 $10 calls.
1/16/201959.8444.8947.0043.2445.167183671/15/201958.260.000.000.0050.8403671/14/201962.3650.0050.8450.0050.84263881/11/201962.0553.7553.7548.8448.96626201/10/20190.0050.9055.5050.9052.105101541/9/201966.520.000.000.0054.6101571/8/201968.8055.8055.8054.5354.61141481/7/201970.950.000.000.0075.7001481/4/201973.540.000.000.0075.7001481/3/201983.300.000.000.0075.7001481/2/201977.920.000.000.0075.70014812/31/201881.730.000.000.0075.70014812/28/201886.640.000.000.0075.70014812/27/201886.5380.2580.2575.3575.70814012/26/201881.4973.5573.5570.6070.60214012/24/201888.080.000.000.0053.05014012/21/201882.590.000.000.0053.05014012/20/201876.720.000.000.0053.05014012/19/201870.8153.5853.5853.0353.052712712/18/201871.7156.5857.5556.3557.554812012/17/20180.000.000.000.000.000012/14/20180.000.000.000.000.000012/13/201862.240.000.000.000.000012/12/20180.000.000.000.0051.15011912/11/201864.490.000.000.000.000012/10/20180.000.000.000.000.000012/7/20180.000.000.000.0035.50012012/6/20180.000.000.000.0035.50012012/5/201856.980.000.000.0035.50012012/4/20180.000.000.000.000.000012/3/20180.000.000.000.000.000011/30/201852.230.000.000.0045.46011911/29/20180.000.000.000.0045.46011911/28/20180.000.000.000.000.000011/27/201855.380.000.000.000.000011/26/201857.020.000.000.0045.46011911/23/201862.280.000.000.000.000011/21/201861.490.000.000.000.000011/20/201863.840.000.000.0045.46011911/19/201858.930.000.000.0045.46011911/16/20180.0045.4645.4645.4645.461110811/15/201858.140.000.000.0025.15010811/14/201859.010.000.000.000.000011/13/201856.890.000.000.000.000011/9/20180.000.000.000.000.000011/8/201847.900.000.000.000.000011/7/201848.470.000.000.000.000011/6/201854.300.000.000.000.000011/5/201857.150.000.000.0025.15010811/2/201857.710.000.000.000.000011/1/201857.470.000.000.000.000010/31/201860.230.000.000.000.000010/30/201863.320.000.000.0025.15010810/29/201866.800.000.000.0025.15010810/26/201866.550.000.000.000.000010/25/201860.930.000.000.0025.15010810/24/201863.980.000.000.0025.15010810/23/201856.320.000.000.0025.15010810/22/201853.380.000.000.0025.15010810/19/201852.760.000.000.0025.15010810/18/201853.490.000.000.0025.15010810/17/201848.730.000.000.0025.15010810/16/201847.870.000.000.0025.15010810/15/201853.440.000.000.0025.15010810/12/201852.220.000.000.0025.15010810/11/201859.100.000.000.0025.15010810/10/201852.310.000.000.0025.15010810/9/201841.950.000.000.0025.15010810/8/201840.850.000.000.0025.150108

 

[Option_Attack]

Formatting 
might be easier 
if you post list items 
using "Code"

 

[ajacobson]

We still trade over the phone - coding would be a leap, but thanks for the thought.

 

[Sweet Bobby]

Karen or Sweet Bobby must have switched over to RH from TT.

Nope! I’ll tell Karen you said hello!

 

[ggelitetrader000]

As a trader of mostly naked call and puts sometimes spread, box is quite unfamiliar, but it looks like a dramatic. I am going to take it as a case study.

 

[jys78]

Yeah, this really shouldn't be considered his fault. Yes, he was glue eating retarded but regardless his extra chromosome shouldn't be taken into account. The Robinhood risk department (if it even exists) should be canned and Robinhood should have to eat this. I'd love to be a fly on the wall in arbitration when they ask "why did your risk department think this was ok?"

I understand this job opening was recently posted. Surely unrelated!

https://careers.robinhood.com/openings?gh_jid=1512073

 

[Pekelo]

Funniest meme video:

https://www.reddit.com/r/path%3D%252Fr%252Fwallstreetbets%252Fcomments%252Fahy7dy%252F

 

[peilthetraveler]

Funniest meme video:

https://www.reddit.com/r/path%3D%252Fr%252Fwallstreetbets%252Fcomments%252Fahy7dy%252F

He really is a legend over there.