How do I trade options on Robinhood?

Robinhood empowers you to place your first options trade directly from your app. Tap Trade in the bottom right corner of the stock’s or ETF’s Detail page You can learn about different options trading strategies by checking out Basic Options Strategies (Level 2) and Advanced Options Strategies (Level 3).

Is Robinhood a good investment app?

Robinhood provides a rich trading experience, with a wide array of assets to buy and sell. In addition to exchange-traded funds, cryptocurrency, and other great items, you can also qualify for various levels of options trading. Best of all, the app doesn’t charge any investment fees, making it accessible to a large customer base.

Can you lose the principal if you invest in Robinhood?

Depending on your position, it’s possible for you to lose the principal you invest, or potentially more. So, it's important to learn about the different strategies before diving in. Level 3 options trading is available in Robinhood Instant and Gold accounts, but not in cash accounts or Robinhood Retirement. What’s a long straddle?

How does Robinhood work?

At Robinhood, you must have enough buying power to purchase 100 shares of the underlying stock for each put you sell. This is a cash-secured put because the potential purchase of shares is secured by cash in your account. In exchange for selling the put, you’ll collect the premium paid from the option’s buyer.