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Most if not all brokerages allow you to do that. I just opened up my fidelity and etrade to check. That doesn't make it right perse, but your moralisation at t
by potsandpans 4mo ago
Most if not all brokerages allow you to do that. I just opened up my fidelity and etrade to check.
That doesn't make it right perse, but your moralisation at the end becomes more weak. Robinhood is only as "truly vile" as all of wall street.
And anyway, options can play a decent role in financial strategy, most retailers don't use these instruments appropriately. To quote The Big Short, "this is wall street dr bury, if you offer us free money we're going to take it."
- gymbeaux 4mo agoMost brokerages don’t have an app that encourages reckless trading by exploiting dopamine. This becomes that age-old argument about where the corporation’s responsibility ends and the individual’s responsibility begins. I guarantee it’s a lot harder to blow your retirement on 0DTE options via a “traditional” broker than an “app first” brokerage like Robinhood.