Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
High-rolling investors have positioned themselves bullish on Roku (NASDAQ:ROKU), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ROKU often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 9 options trades for Roku. This is not a typical pattern.
The sentiment among these major traders is split, with 66% bullish and 33% bearish. Among all the options we identified, there was one put, amounting to $261,000, and 8 calls, totaling $589,785.
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $45.0 to $70.0 for Roku over the recent three months.
In today's trading context, the average open interest for options of Roku stands at 1238.0, with a total volume reaching 1,066.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Roku, situated within the strike price corridor from $45.0 to $70.0, throughout the last 30 days.
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
ROKU | PUT | TRADE | BEARISH | 12/20/24 | $4.35 | $4.25 | $4.35 | $45.00 | $261.0K | 690 | 0 |
ROKU | CALL | SWEEP | BULLISH | 10/18/24 | $13.0 | $12.85 | $13.0 | $60.00 | $200.2K | 106 | 0 |
ROKU | CALL | SWEEP | BULLISH | 07/19/24 | $5.55 | $5.4 | $5.55 | $70.00 | $94.3K | 1.4K | 64 |
ROKU | CALL | SWEEP | BULLISH | 06/21/24 | $4.55 | $4.45 | $4.55 | $70.00 | $90.0K | 2.2K | 229 |
ROKU | CALL | SWEEP | BULLISH | 09/20/24 | $10.0 | $9.85 | $10.0 | $65.00 | $79.0K | 1.0K | 84 |
Roku is the leading streaming platform in the U.S. by hours watched with 87.4 billion hours of content streamed in 2022. The firm's namesake operating system is used not only in Roku's own hardware but in cobranded TVs and soundbars from manufacturers like TCL, Onn, and Hisense. Roku generates revenue from advertising, distribution fees, hardware sales, OS licensing, and subscription sales.
In light of the recent options history for Roku, it's now appropriate to focus on the company itself. We aim to explore its current performance.
In the last month, 1 experts released ratings on this stock with an average target price of $60.0.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Roku options trades with real-time alerts from Benzinga Pro.
Posted In: ROKU