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by fourstar 2443 days ago
I think this logic is hilarious.

You really believe that the “millennials and zoomers” actually have enough capital to compete with these traditional brokerages?

Robinhood doesn’t event pay out dividends.

You’re overselling it. Their education for options is basic at best. PLUS anyone who is serious about playing options should actually invest time in learning it.

If anything, its cleaner ui makes it easier for said demographic to LOSE money.

You may think RH is large, but I’m guessing your vantage point is from within the tech bubble.

3 comments

> Robinhood doesn’t event pay out dividends.

Hmm? Of course they pay out dividends. I don't even see how it would be legal for a broker to keep a customers dividends.

https://support.robinhood.com/hc/en-us/articles/360001227206...

Yes, can confirm that they pay dividends. I use Robin Hood and get dividends on several stocks. I’d imagine it would be illegal to withhold dividends.
Huh? I get my dividends hitting my account when stuff I hold in RH pays out.
In addition to learning the theory, anyone that wants to trade options beyond the just messing around level should really learn and use whatever their broker's desktop trading platform is. All the ones I've looked at provide far more information (the greeks, IV, and lots of other stuff) than the same brokers' web interfaces. Also as a bonus the data update is much closer to real time and not every minute or so.