Finally Robinhood rolled-out the long-awaited 250:1 leverage, just as I was looking for a way to short 10000 SPX calls. What’s the fastest way to move all my money from IB to Robinhood?
Yeah shenanigans been going on at robinhood and reg-t margin calculation bugs and a bunch of autistic people are exploiting this loophole more than once and discussing it at wsb. Expect to see Robinhood on the news.
Seems like a great place to make an account. Thought that box spread guy was bad. Ended up owing like 50k cause of early assign. Think he even managed to cash out 4K of premium which is the best part.