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Robinhood sucks
Investor summaryBearish
User missed a profitable QQQ put trade due to Robinhood's restrictive end-of-day options rules, seeking alternative mobile trading apps.
Bear points
- Robinhood restricts end-of-day options trading, preventing users from executing trades close to expiration.
- Poor trading rules and restrictions frustrate active mobile traders, driving them to seek alternative platforms.
Post body
Tried to jump on an end of day play. QQQ put 695. 2:44pm CST. @ .55
Tried to buy but as I clicked in to purchase it’s suddenly greyed out “this option is close to expiring so you can’t buy”. With another 1:15 of trading day remaining.
I watched that put reach 4.00 within 30 minutes.
Ridiculous.
What other apps are you guys using for quick trades? Webull is great if you can sit at a computer but I mostly trade from my phone so Robinhood has been effective because their UI is nice. But their rules suck.
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