Robinhood Markets Soars 1.03% as Bullish Momentum Ignites Trader Optimism

Summary
• Robinhood Markets (HOOD) surges 1.03% to $118.67, breaking above its 30-day moving average of $108.12
• Intraday range widens to $121.15 high and $117.37 low, signaling aggressive short-term buying
• Options volume spikes to 10.5M shares, with 2025-09-19 expiration contracts dominating activity

Robinhood’s sharp intraday rally reflects a confluence of technical strength and speculative positioning. With the stock trading near its 52-week high of $123.44, traders are capitalizing on a bullish MACD crossover and surging call options liquidity. The $118.67 level now tests critical resistance as momentum builds ahead of the September 19 expiration cycle.

Technical Bullishness Drives Robinhood Higher
The 1.03% intraday surge in HOOD is primarily fueled by technical indicators aligning with bullish momentum. The MACD histogram (2.24) remains above the signal line (1.31), while RSI (65.76) holds in overbought territory without extreme readings. Price action confirms this with a break above the 30-day moving average ($108.12) and a 1.42% turnover rate—nearly double its 30-day average. No fundamental news triggered the move, but the stock’s proximity to its 52-week high ($123.44) has intensified speculative buying.

Discount Brokers Rally in Sync as SCHW Trails HOOD
The discount brokers sector mirrored HOOD’s ascent, with sector leader Charles Schwab (SCHW) rising 0.93%. While both stocks reflect broader market optimism, HOOD’s 1.42% turnover rate outpaces SCHW’s muted volume, suggesting stronger retail-driven momentum. The sector’s synchronized move underscores investor confidence in brokerage platforms amid a low-interest-rate environment.

Capitalizing on Bullish Momentum: ETF-Neutral Options Playbook
• MACD: 2.24 (bullish crossover) • RSI: 65.76 (overbought but not extreme) • Bollinger Bands: $119.66 upper (near current price) • 200D MA: $64.24 (far below) • Turnover Rate: 1.42% (elevated)

Key levels to monitor include the $119.66 Bollinger upper band and the 52-week high at $123.44. A 5% upside scenario (targeting $124.5) would validate the bullish case. While no leveraged ETFs are available, the options chain offers high-conviction plays:

• HOOD20250919C120 (Call, $120 strike, 2025-09-19):
- IV: 51.98% (moderate)
- Leverage Ratio: 34.02% (high)
- Delta: 0.483 (moderate sensitivity)
- Theta: -0.4579 (rapid time decay)
- Gamma: 0.0410 (high sensitivity to price swings)
- Turnover: 2.38M (liquid)
This contract offers a 34% leverage ratio with strong gamma to benefit from volatility spikes. A 5% price move would yield a $4.50 payoff (max(0, 124.5 - 120)).

• HOOD20250919C121 (Call, $121 strike, 2025-09-19):
- IV: 53.20% (moderate)
- Leverage Ratio: 37.68% (high)
- Delta: 0.445 (moderate sensitivity)
- Theta: -0.4421 (rapid time decay)
- Gamma: 0.0397 (high sensitivity to price swings)
- Turnover: 487K (liquid)
This contract provides a 37.68% leverage ratio with a tighter strike price. A 5% move would generate a $3.50 payoff (max(0, 124.5 - 121)).

Aggressive bulls should consider HOOD20250919C120 into a break above $119.66, while those seeking higher leverage may target HOOD20250919C121 if the $121 level holds.

Backtest Robinhood Markets Stock Performance
Key findings (executive summary)• Definition of “intraday surge”: a trading day on which ( High – Open ) / Open ≥ 1 %. • Sample window: 2022-01-01 – 2025-09-10 (695 qualified events). • Post-event tendency: average close-to-close excess return turns positive quickly and reaches ≈ 9.9 % by day 30, but the edge is not yet statistically significant at the 95 % level. • Hit-rate (positive return) gradually rises to ~57 – 60 % across holding windows.A visual, drill-down event-study report has been prepared for you—open the panel on the right to explore win-rate curves, cumulative P&L charts and detailed tables.Assumptions / auto-filled items1. Event trigger chosen as High ≥ Open × 1.01 because it is the most common “intraday move” definition available from daily OHLC data. 2. Daily close prices were used for performance measurement. 3. Back-test end date set to the latest available data (2025-09-10). Feel free to dive into the interactive report—let me know if you’d like to test different thresholds, holding-period rules, or compare against another strategy.

Break Above $119.66 Could Ignite New Bullish Wave
HOOD’s technical setup remains robust, with a bullish MACD, overbought RSI, and strong options liquidity reinforcing the case for a continuation. The $119.66 Bollinger upper band and 52-week high at $123.44 are critical next targets. Sector leader SCHW’s 0.93% rise suggests broader support for brokerage stocks. Traders should prioritize HOOD20250919C120 if the $119.66 level breaks, while monitoring the 200-day moving average ($64.24) as a deep support floor. Watch for a 5% upside move to validate the bullish thesis.