2 ms·

You realize that's due to shorts, puts, and more bad news right? It's not mysterious at all.

• derision 7y ago
  I had no idea!! Thanks man you really opened my eyes /s
  • bontaq 7y ago
    You literally implied robinhood was somehow swinging the dow jones down 7% at open due to an "infinite money" cheat. Maybe just accept new information and correct your weird conspiracy theory.
    • derision 7y ago
      The infinite money cheat was leveraged by selling both calls and puts and underlying stock. Forced liquidation would trigger massive selling to unwind these positions
      • bontaq 7y ago
        https://markets.businessinsider.com/news/stocks/robinhood-fixes-infinite-leverage-free-money-glitch-suspends-related-traders-2019-11-1028670689 https://markets.businessinsider.com/news/stocks/robinhood-fi... man.