Today's trading plan

Screening Filters

1. Market Cap: 3–30 billion USD

   • Purpose: Focus on mid‑cap companies similar in size to HOOD to form a relevant peer group.
   • Rationale:
     • Robinhood (HOOD.O) is a mid‑cap stock; its market cap falls in this 3–30B range.
     • Trading plans often benefit from peer comparison (volatility, liquidity, valuation, sentiment). Limiting to similar‑size firms avoids mixing HOOD with tiny illiquid names or mega‑caps whose behavior and risk/return profiles are very different.

2. Price: 5–50 USD per share

   • Purpose: Ensure comparability of trading behavior and accessibility; avoid ultra‑penny stocks or extremely high‑priced shares.
   • Rationale:
     • HOOD’s share price is typically within this 5–50 USD window.
     • Stocks in this range tend to have active retail trading and option markets, similar to HOOD, which is important when constructing intraday or swing trading plans.
     • Excluding sub‑$5 stocks filters out many distressed or illiquid names that wouldn’t match HOOD’s profile.

3. Beta: HighRisk

   • Purpose: Target high‑volatility stocks to match HOOD’s risk profile.
   • Rationale:
     • HOOD is known to be higher‑beta (moves more than the market), with sharp reactions to news, regulation, and trading activity.
     • A trading plan for HOOD usually assumes significant price swings; looking at similarly high‑beta peers helps calibrate stop‑loss levels, profit targets, and position sizing.

4. Sector: Financials

   • Purpose: Restrict the universe to companies in the same broad economic sector as HOOD.
   • Rationale:
     • Robinhood is a financial services company (brokerage/fintech), so macro factors (rates, regulation, market volumes) driving HOOD will also affect other Financials names.
     • Sector alignment helps in benchmarking HOOD’s moves versus sector trends (e.g., is HOOD under/over‑reacting relative to peers today?) which feeds directly into intraday and swing trade decisions.

5. Industry: Investment Banking & Investment Services; Financial Technology (Fintech) & Infrastructure

   • Purpose: Narrow the set to HOOD’s closest business model peers.
   • Rationale:
     • HOOD sits at the intersection of brokerage/investment services and fintech infrastructure.
     • Comparing HOOD to traditional brokers and trading platforms, as well as to fintech/infrastructure names, helps assess whether its valuation, momentum, and reaction to flows are in line with its true competitive set.
     • This is useful for a trading plan (e.g., pair trades, relative strength vs. similar platforms, how HOOD reacts to sector news compared to other fintech brokers).

6. Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)

   • Purpose: Limit results to major U.S. exchanges for liquidity, transparency, and direct comparability.
   • Rationale:
     • HOOD is listed on NASDAQ (XNAS).
     • U.S. major‑exchange listings tend to have tighter spreads, higher liquidity, and more robust options markets—conditions relevant for creating a precise trading plan.
     • Keeping peers on the same exchanges ensures similar trading hours, market structure, and regulatory environment.

7. Is Optionable: True

   • Purpose: Focus on stocks with listed options, enabling options‑based strategies.
   • Rationale:
     • HOOD has actively traded options.
     • A “trading plan” for HOOD often includes options (calls, puts, spreads) alongside stock. Screening only optionable peers allows analysis of implied volatility, skew, and options volume relative to HOOD’s, which helps plan hedges, speculative positions, or income strategies.

Why Results Match

• The filters collectively define a universe of mid‑cap, high‑beta U.S. financial/fintech names, with similar price levels and active options markets—all core characteristics of Robinhood (HOOD.O).
• This peer set is then useful to:
  • Benchmark HOOD’s price and volume action today.
  • Compare volatility and options activity.
  • Understand whether HOOD’s moves are idiosyncratic or sector‑/industry‑driven.

That context is what underpins a data‑driven trading plan for HOOD.O, even though the plan itself will focus on HOOD’s specific chart, news, and order flow.