Robinhood Markets Inc (NASDAQ:HOOD) stock is up 1.5% to trade at $107.68 at last glance, after the electronic trading platform beat top- and bottom-line expectations for the second quarter. The equity saw seven price-target hikes in response, including one from Citizens to $130 from $125.
Shares are today pacing for their third gain in the last four sessions, extending an already impressive 189% lead for 2025. Longer term, the stock sports a jaw-dropping 421.8% year-over-year lead. While HOOD has pulled back from its July 18 record high of $113.44, it still boasts support from the 20-day moving average.
A sentiment shift in the options pits could send shares even higher. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock's 10-day put/call volume ratio sits higher than 93% of readings from the past year. This means options traders have been much more bearish than usual over the last two weeks.
It's also worth noting that Robinhood stock has tended to outperform volatility expectations in the last 12 months. This is per its Schaeffer's Volatility Scorecard (SVS) of 86 out of 100.
