HOOD – Expect Robinhood Stock to Stay Volatile. The Battle Is Being Fought in the Options Market.

Robinhood Markets got over its weak market debut, and in a hurry.

In its first full week of trading, the stock jumped 57%, to $55.01, well above its initial public offering price of $38. The surge came on very little news. The information that did come out was mixed: Fund manager Cathie Wood’s ARK Investments bought the stock, but some early investors also indicated they could now sell shares in the months ahead.