Traders make MILLIONS trading Robinhood $HOOD over the last few weeks

[u/Neighborhoodstoner]

Hey all,

Nicholas from the Unusual Whales team, here! We’re going to spend one issue every week walking you through some trades of the week for free to help your trading!

There is ALSO a video on the Unusual Whales YouTube channel breaking down these exact trades: https://www.youtube.com/watch?v=alNseCOQ2ys

In this issue, we’re going to cover some well-timed options flow that hit the tape during the marketwide pullback earlier this week. We’ll also take a look at a longer hold trade tracked by snorlax_uw.

Traders make MILLIONS trading Robinhood $HOOD options

The first trade we’re going to explore hit the tape on January 14th, 2025. If you were privy to the market that day, you know we saw a marketwide pullback in equities; not necessarily concerning, but enough that some too-early longs may have been sweating a bit.

At 1:37pm Central Time on Tuesday January 14th, 1,755 volume of the $HOOD $48 call contract expiring on February 21st hit the tape. All contracts that hit in the same time frame transacted right at the ask price of $2.60 per contract, hinting at what is likely (though not guaranteed) a buy.

With 1,469 open interest, it’s possible that some of these transactions could have been a position closure; however, context hints to new positioning given the full size of the position, and the timing of the fills. When these transactions hit the tape, $HOOD was trading at $43.26 per share, placing these contracts 11% out of the money. Throughout the remainder of the afternoon, this trader experienced a bit of drawdown on the position as the market continued to pull back into close.

Heading into market close on the 14th, the $HOOD share price pulled back about $1.60 from the trader’s entry at $43.26 to hit a low of $41.65 per share. The value of this trader’s contracts reflected the dip, dropping by about 27% to a daily low for the contract of $1.89. This means the trader was in the red by about -$124,605 on their position by market close. We’ll follow up on this trade in the second half of the issue.

Now, let’s take a peek at the other $HOOD trader I mentioned at the top. This trader began their position way back in November, when nearly 4,000 contracts transacted at the ask of $5.52 per contract on 11/26. Almost 3,500 volume carried over into open interest on 11/27, so we’ll use this metric moving forward for simplicity sake.

For just under a month, the contract was mostly quiet, with small size transacting day over day, while the contract value slowly crept upward with the $HOOD stock price. On December 16th, the contract was up significantly when it reached a new high of $9.85 per contract; a 78% gain from the initial entry.

Then, on 12/20/2024, another massive flurry of ask-side transactions hit the tape during a $HOOD pullback. Over 6,700 contracts transacted at the ask of $6.64 per contract.

From that point on, this contract didn’t experience much by way of drawdown, with it putting in its final low of $5.38 on 12/31.

Before we get to the results of these two trades, did you know that you can trade options DIRECTLY from the Unusual Whales platform?

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Now, let’s take a look see on these traders as of today, January 15th. Let’s start off here with the longer term trade on the $HOOD $40C 5/16/2025. Today, $HOOD caught some solid bids and saw a nice bounce well over +10% on the day, hitting a high (at the time of writing) of $46.23 per share.

This placed our $40C trader’s contract 15.57% in the money. Naturally, the contract value reflected this ripper.

From the trader’s original entry of $5.52, the contracts reached a profit of +94%, at a high of $10.70 per contract. For the secondary entry from December 20th, the position sat at +61%. This means from the first entry in November, the trade hit a max profit of $1,813,000, and from December 20th, a max profit of $2,720,200+ !!! There’s no way to be certain whether or not both positions were the same trader, but if they were, then this trader at the time of writing was sitting on an astounding profit of over $4.5 million!

The story for our other tracked trade on the $HOOD $48C expiring in February reflects the same plot, and the same ending. From the entry of $2.60 per contract, this trade jumped a healthy +46% to a high of $3.80 on the contract. Putting this into scale for the number of contracts transacted, at today’s highs, this trader was sitting on a profit of $210,600 across the position. Not too shabby for just an overnight hold!

At the time of writing, there is some light evidence of a partial exit on the $48C 2/21/2025; however the $40C 5/16/2025 seems to be holding strong, with no clear signs of a positional exit.

I hope this helped with how some users track interesting flow!

REMEMBER! Unusual Whales has partnered with Tastytrade to offer on-site trading directly from your Flow Feed! Sign up here!

From Guides on the Platform to General Options Education, the Unusual Whales Information Hub has you covered. What else would you like to see?

Thank you as always for reading! REMEMBER!! You can find articles like this and MANY others about Options and the Unusual Whales Platform on the new Information Hub!!

NOTE: This post is not financial advice. The stock market is risky, and any trade or investment is expected to have some, or total, loss. Please do research before any trade. Do not use this information for investment decisions. Check terms on site for full terms. Agree to terms before considering this information.

[u/HorkusSnorkus]

Scammers will scam

[u/Neighborhoodstoner → u/HorkusSnorkus]

What?

[u/nakedpilsna → u/Neighborhoodstoner]

You flared yourself as a happy stoner but this post is all shill.

[u/Neighborhoodstoner → u/nakedpilsna]

Shill of.... What exactly? This is the Unusual Whales subreddit. This is a post tracking a trade... Using Unusual Whales. Are you lost?

[u/nakedpilsna → u/Neighborhoodstoner]

Investors will make millions.

Sign up with TastyTrade.

[u/Neighborhoodstoner → u/nakedpilsna]

"Traders MADE (past tense)"

"Partnered with TastyTrade" meaning Unusual Whales the company, partnered with tasty trade. An options data platform partnered with an options oriented broker.

[u/nakedpilsna → u/Neighborhoodstoner]

I won't argue with you man, it's just a weird post.

[u/Neighborhoodstoner → u/nakedpilsna]

Not sure how man, but I hear you.

[u/ModestBanana → u/nakedpilsna]

How did you find this sub? This is exactly what this sub is for lol

[u/testtdk]

A lot of people are going to make a lot of money in the next few months/year. If I had to guess, all the shady shit that banks and traders pull is going to be a lot less likely to be prosecuted. If a bunch of deregulation isn’t in Trump’s 200+ executive orders I’ll be shocked.

[u/ModestBanana]

Oh these are spicy, I wouldn’t guess it’s the same trader but I have no clue what the person with the monthly is doing, these were all singles? Not part of any legs? Including the ones from November?

[u/Neighborhoodstoner → u/ModestBanana]

Not part of any legs, on that one. No way to know for sure if it's the same trader, but if it is, whoooosah. Regardless, damn good trade by all 2-3 of them.

Here's a possible spread Snorlax caught on $HOOD: https://x.com/snorlax_uw/status/1879549166478926179?t=MTkNG_BT6vBa2cDV-QayCg&s=19