I "liked" the post -- but truth be told, for no particular reason, than to thank ajacobson for posting it. (Which I don't think I/we do enough of...) So, I'm around 11,000 on the wait list for something that sounds very much like Robinhood. "Eeeek!" I'm actually quite doubtful, but I always watch this crap go by from the sidelines, and decided that I was bored, and stuck my toe in. I'll blow a $1k on it. It's more than I'd voluntarily take into a casino (I still can't stomach those things very well -- except roulette), but I figure the odds are better. (10x better, so $1k). Meh.
WOW!! I don't need to understand option "jargon"...Sign me up!! Can't wait for the first major correction and there is no market to be found...
I have LOL. I do not trust any platform that is free. Lost a lot due to Robinhood app. Got burnt of trying to talk to somebody. I finally gave up. Scary S***. Not sure why startups try to copy a Robinhood model.
Looks like their API will soon have free options data as well. That would help lower the barrier to entry for retail "quants". Right now all we've got are subpar broker APIs or overpriced BS like CBOE's datashop.