HOLD Invest with Henry Conviction 3/5 Analysis quality 65 now
Despite significant losses, the YouTuber is holding Robinhood, reiterating his long-term thesis. He believes the company is still adding users at a strong pace and increasing products per user, which drives long-term monetization. He also mentions his $90 covered call acts as a hedge, benefiting from the stock's recent decline.
“It was pretty easy for me to lose hope in Robin Hood, but kept my kind of thesis.”
— ▶ 11:00
HOLD Invest with Henry Conviction 3/5 Analysis quality 60 roll covered call from $90 to $95 or $100 strike price, extending expiration to August or September, if stock approaches $90
The YouTuber intends to hold Robinhood shares and roll his out-of-the-money covered call if the stock price approaches his current $90 strike. His strategy is to roll the call up to a $95 or $100 strike and extend the expiration to August or September, aiming to keep the stock and continue collecting premium.
“Robin Hood, if it goes towards 90, I do want to keep the stock. So, I will just roll it from 90 to 95 or even 100 and then I'll add some time. I'll go from July to August or September.”
— ▶ 08:50