Is there a way to avoid Robinhood selling my options on digital currencies without my consent?

3 answers

• Dec 16, 2021 · 3 years ago
  Yes, there are a few steps you can take to avoid Robinhood selling your options on digital currencies without your consent. Firstly, make sure to carefully review and understand Robinhood's terms of service and options trading policies. This will give you a clear understanding of the circumstances under which Robinhood may sell your options. Additionally, you can set up alerts and notifications in the Robinhood app to keep track of any changes or actions related to your options. Finally, regularly monitor your positions and be proactive in managing your options to avoid any unexpected sales.
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• Dec 16, 2021 · 3 years ago
  Absolutely! To avoid Robinhood selling your options on digital currencies without your consent, you should consider setting up limit orders instead of market orders. By setting a limit order, you can specify the price at which you are willing to buy or sell your options. This way, you have more control over the execution of your trades and reduce the risk of Robinhood selling your options at unfavorable prices.
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• Dec 16, 2021 · 3 years ago
  Yes, there is a way to avoid Robinhood selling your options on digital currencies without your consent. However, please note that this answer is provided from a third-party perspective and does not represent the views or policies of BYDFi. To prevent unwanted sales, you can reach out to Robinhood's customer support and inquire about any available options to restrict or disable automatic selling. They may provide you with additional information or guidance on how to protect your options from being sold without your consent.
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