Stockato

HOOD — Bull Put Spread

Robinhood is locked in a tight $75-$79 range with institutions aggressively selling puts at the $75 floor — over $1.8M in sold puts at that strike today — providing a textbook credit spread setup w…

$1.83M in sold puts at $75 strike — floor well-definedRSI 54, price mid-range between SMA50 and Fib 23.6%Call selling at $77-$79 caps near-term upside