Advertisement
Singapore markets open in 4 hours 48 minutes

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    63,950.11
    -2,315.70 (-3.49%)
     

  • CMC Crypto 200

    1,388.71
    -35.39 (-2.48%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Gold

    2,332.30
    -9.80 (-0.42%)
     

  • Crude Oil

    82.93
    -0.43 (-0.52%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Robinhood is making far more money from the options boom than from stocks

John Detrixhe
·1-min read

Brokerages like Robinhood and TD Ameritrade are riding high from the boom in trading. For these brokers, the big money isn’t in the stock market—it’s in options. There are signs that everyday traders are going bonkers for equity options, which offer a cheap way for traders to bet on a stock going up or down…

 

Sign up for the Quartz Daily Brief, our free daily newsletter with the world’s most important and interesting news.

More stories from Quartz: