Selling our ROKU put contracts to manage risk.
Shares of ROKU are moving higher as and the stock is now trading near our strike price. The good news is that our in-the-money option strategy retains a good bit of value even when shares move against us. This helps to protect our capital and keep more cash available for new trades in 2022.
- Selling (to close) our ROKU January 21st $240 Puts
- Limit $15.70 or more
- 10:27 Executed
- Sold ROKU Jan 21st $240 Puts @ $16.75