Hacker News Reader

> You have to go out of your way to trade options (they're disabled by default), and the only way you can get options enabled in Robinhood as a college freshman is to straight up lie on the application.

Could you please clarify, what does the application ask that he would have had to lie about?

View on HN

Questions like trading experience with different kinds of options, annual income, liquid net worth, total net worth are all pretty standard. Some brokers (not RH) also about about the source of your experience. Actual experience trading options may push you higher on the list than simply being instructed in what options are by an investment professional if you're otherwise on the border between two.

I've been declined for top options levels before because my total net worth was too low even with years of actual options trading experience (including complicated multi-leg strategies).

Reply on news.ycombinator.com