Bearish flow noted in Roku with 28,550 puts trading, or 1.8x expected. Most active are 2/24 weekly 62 puts and 2/24 weekly 65 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 1.54, while ATM IV is up over 5 points on the day. Earnings are expected on April 27th.
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Published first on TheFly
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