Row 40942

Row ID: 40942 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 40942 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I think you are conflating two different stories

**Alexander Kearns**: 20-year-old who killed himself when he thought he screwed up an options trade. He was trading options and the way Robinhood resolves assigned options will sometimes show huge negative values (that are temporary until everything cancels out). He saw a balance of **negative $730k** and didn't wait for the other leg to resolve (which would have put him back in the postive).

**ControlTheNarrative**: Young man who had $2000 which allowed him to get 2x leverage through Robinhood Gold. He then bought $4000 worth of stock. He then sold a covered call on that stock which generated $3000 cash. Robinhood identified the new $3000 as being eligible for Robinhood Gold, so they gave him 2x leverage, so he now had $6000 buying power to buy more stock, to sell more covered calls, to get more credit. He looped this a few times until his account had a $50k of buying power which he gambled it all on an Apple earnings play where he guessed wrong and lost it all.

FieldValue
text I think you are conflating two different stories **Alexander Kearns**: 20-year-old who killed himself when he thought he screwed up an options trade. He was trading options and the way Robinhood resolves assigned options will sometimes show huge negative values (that are temporary until everything cancels out). He saw a balance of **negative $730k** and didn't wait for the other leg to resolve (which would have put him back in the postive). **ControlTheNarrative**: Young man who had $2000 whi…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-22
username_encoded Z0FBQUFBQm5Lak1NMnNrWUlsYWtPNVZET2RLb0JENWI5QWNMR3ZpYXBnMWZxOWhrcVdrOTIxUGNjX3plMzRGSnljZUZlY0dWOHUwUTlfdTN1cWdPbGtyMFFMUG5SaldLUmc9PQ==
url_encoded Z0FBQUFBQm5Lak9jcjBydGZUVXBCZUVadDhDNHlpSDk3dXlfRTRQcjRuZnpvRUhYSEI2bmEzSjcwRHJCZW44bGl2dXdwamd4SVZBbkdKWjFoclpHS0lSYjAzaVF2MFVxM1Fqd3lQQl8zeWpMWjVnNTNtVm5wX2U1MnFzMzIzMGd4eGtydWM0TnFvREZoUEpKcy1kQ2NYX1lMamhjczdKbDJwOG0zTVVyem1MRGtBcHFqcWxvbEF4d1FRaTIzZ0xBdlQxNXBYS19lZllfZHRQRjJoZERyNDk2aVlhY05UZ1gwSjNzVFp6ZXFkRHBDUU5vamZKd21MMD0=

Raw Record

{
  "text": "I think you are conflating two different stories\n\n**Alexander Kearns**: 20-year-old who killed himself when he thought he screwed up an options trade. He was trading options and the way Robinhood resolves assigned options will sometimes show huge negative values (that are temporary until everything cancels out). He saw a balance of **negative $730k** and didn't wait for the other leg to resolve (which would have put him back in the postive). \n\n**ControlTheNarrative**: Young man who had $2000 which allowed him to get 2x leverage through Robinhood Gold. He then bought $4000 worth of stock. He then sold a covered call on that stock which generated $3000 cash. Robinhood identified the new $3000 as being eligible for Robinhood Gold, so they gave him 2x leverage, so he now had $6000 buying power to buy more stock, to sell more covered calls, to get more credit. He looped this a few times until his account had a $50k of buying power which he gambled it all on an Apple earnings play where he guessed wrong and lost it all.",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1NMnNrWUlsYWtPNVZET2RLb0JENWI5QWNMR3ZpYXBnMWZxOWhrcVdrOTIxUGNjX3plMzRGSnljZUZlY0dWOHUwUTlfdTN1cWdPbGtyMFFMUG5SaldLUmc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9jcjBydGZUVXBCZUVadDhDNHlpSDk3dXlfRTRQcjRuZnpvRUhYSEI2bmEzSjcwRHJCZW44bGl2dXdwamd4SVZBbkdKWjFoclpHS0lSYjAzaVF2MFVxM1Fqd3lQQl8zeWpMWjVnNTNtVm5wX2U1MnFzMzIzMGd4eGtydWM0TnFvREZoUEpKcy1kQ2NYX1lMamhjczdKbDJwOG0zTVVyem1MRGtBcHFqcWxvbEF4d1FRaTIzZ0xBdlQxNXBYS19lZllfZHRQRjJoZERyNDk2aVlhY05UZ1gwSjNzVFp6ZXFkRHBDUU5vamZKd21MMD0="
}
Explore Dataset Explore Row

Entry Information