Well it worked back then, RH dumped to like 8$ at some point. It was free money

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RH sold it a bit before the bottom. How much did you spend per contract? Also thank you first trade in the big leagues

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Saw someone at the Matcha Shop showing IREN stock price on RH to this girl with that “know-it-all” smug face. Then he went to main page to show all Reds. 😂

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I'll buy some hood at 125 for sure. I bought at 36-50 & sold in the 60s. You think its run is over? I think they literally just added gambling a year ago and that market is growing sooooo fast. omfg. RH is a solid brand, it defines an entire generation of traders. Can't replicate that familiarity overnight.

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WSB is the easiest marketing ploy for RH. Just pretend like you can go green constantly on obscure stocks and keep all the sillies thinking they’ll make life changing money “it’s that easy” Meanwhile, they’re killing yall on the spreads

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Those were the fake RH futures. At 6:00 the real futures market opened and SPY in RH followed.

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Not a glitch. Worthless options that suddenly got a tiny bid. Just to explain for the rest of the commenters that don't understand: RH values options at $0 if no bid and halfway between bid and ask if there is a bid. Guarantee OP is holding tons of worthless options. Let's say 100 way otm calls where there is no bid. The ask is at $2.50 because why not. Someone puts in a $0.05 bid, option gets priced at $1.25 so the total value goes to $12.5k. Then the bid instantly fills and it goes back to $0.

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If youre dealing with RH you shouldnt even be in thia sub. Rookie!

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RH is pretty close, they put a cage and doesn't let you sell till you're red.

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I can't imagine being up that much and losing it, but the amounts I trade it on RH are just hundreds of dollars. Losing that hurts a bit. I have some $20 OPEN calls NOV and January. Nov calls are down 60% but I am just going to hold on to it. If it goes to 0 it isn't a big deal. I bought these Thursday and then Friday morning before dipshits tweet.

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