Unpacking the Latest Options Trading Trends in Roku
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Roku (NASDAQ:ROKU) show a bearish sentiment among financial giants, with 47% of trades being bearish and 35% bullish. Significant trades include 14 puts valued at $622,545 and 3 calls valued at $194,560. Analysts have mixed ratings, with a consensus target price of $85.0.
July 25, 2024 | 5:46 pm
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Recent options trading trends for Roku show a bearish sentiment among financial giants, with 47% of trades being bearish and 35% bullish. Significant trades include 14 puts valued at $622,545 and 3 calls valued at $194,560. Analysts have mixed ratings, with a consensus target price of $85.0.
The bearish sentiment in options trading, with a higher number of puts compared to calls, indicates a negative outlook among traders. Additionally, mixed analyst ratings with a consensus target price of $85.0 suggest uncertainty about Roku's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100