Robinhood Stock Pops on S&P 500 Inclusion Hopes — We Nailed This Trade

Robinhood (HOOD) spiked over 3% on analyst chatter pointing to possible S&P 500 inclusion in this week’s index rebalancing. Bank of America named HOOD a “prime candidate,” citing an expected announcement from S&P on Friday. The initial move higher caught trader attention, though shares have since leveled off. At GAR Capital, we capitalized on the action — locking in profits on the $70 call options and sitting +30% on our long-term stock position via the investment club. Whether or not HOOD makes the cut this week, we viewed it as a strong setup — and it paid off.

Robinhood Pops on S&P 500 Buzz — We Banked the $70 Calls and +30% on the Stock

Robinhood HOOD initially jumped over 3% in early trading after fresh speculation pointed to the stock as a strong contender for S&P 500 inclusion in this week’s upcoming index rebalance. Analysts from Bank of America flagged HOOD as one of the names in focus during recent discussions about potential index shakeups.

Emma Huang of BofA noted that S&P’s official announcement is expected this Friday, June 6, at 5:15 PM ET — and it may include multiple adjustments like new additions, removals, and share changes. Robinhood, notably not part of the S&P 400 either, is on watch as a top candidate, which could trigger heavy inflows from passive index funds if confirmed.

One key quote from analysts: Other names mentioned alongside HOOD include LNG, FLUT, VEEV, CVNA, ARES, and APP.

“We view HOOD as a prime candidate for the S&P 500 with the next rebalancing.”

While the initial spike gave traders something to cheer about, shares have since cooled off and are now flat on the day. But yesterdays trade still worked out beautifully for us:

✅ We played the $70 calls and locked in solid gains.

📈 Our investment club position is now up +30% — a strong long-term entry that continues to reward us.

Overall, this setup was an excellent buy. Whether or not S&P inclusion happens this week, HOOD’s momentum is catching attention — and we’ve been positioned for it.

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