4 ms·
It's actually rational. They're flooded and can't handle the scenario - but they definitely can't stop people from selling because that would be locking them i
by jariel 6y ago
It's actually rational.
They're flooded and can't handle the scenario - but they definitely can't stop people from selling because that would be locking them into positions.
I don't like RH as a company, but if they are facing difficulties, this is a reasonable thing to do.
People are giving RH heat for this most recent policy but frankly that's not remotely the reason they should be upset. I for one, basically believe RH on it. The reason 'RH' is 'shady' is for their normal business practices.
Frankly, the notion of 'free option trading for unsophisticated investors' sounds like the biggest hustle ever. Surely there are a lot of folk using it who really know what's what, but mostly not.