Buying ROKU put contracts.
Despite strength in the overall market, shares of ROKU have been breaking lower. The stock is still trading at a high multiple leaving it vulnerable to a sharp decline.
- Buy (to open) 5 ROKU December 17th $300 Puts
- Limit $31.00 or less
- The new position will represent roughly 9.1% of our Spec Model capital
- 10:27 Executed
- Bot 5 ROKU Dec 17th $300 Puts @ $29.84