If you haven`t shorted the Double Top Bearish Chart Pattern:
or the Q2 earnings:
then you should know that looking at the ROKU Inc options chain, i would buy the $50 strike price Puts with 2022-11-4 expiration date for about $3.35 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Trade active
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Looking forward for tomorrow!
Trade closed: target reached
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Price Target reached. ROKU trading at $44.59 after earnings.