$Robinhood(HOOD.US) fell too sharply the day before yesterday, so I bought in at the $75 level. Using a Leap option with 400 days to expiration as a substitute for the underlying stock. Did some simple research, a P/E of 30x is a relatively appropriate level, although I always feel that not falling below a P/E of 30 doesn't provide enough margin of safety. Luckily, the market rebounded the day after I bought in... Let's see the earnings report. Personally, I still think below $70 is the point with sufficient margin of safety.
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