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chartsmaster
May 9, 2018 1:53 PM

Don't Forget The Puts 

Roku, Inc.NASDAQ

Description

If you put on the recommended straddle early today, great. If you only bought calls, Don't forget the puts! Even though it is likely ROKU will have a positive report and work it's way up to the gap @50, it is also quite possible that something in the report or future guidance causes it to fall sharply, possibly even to 20 (unlikely but possible). This is a very volatile stock with room to profit on both ends of the straddle. Chartsmaster
Comments
jarjarhink
u think this gets in the red at earnings?>
chartsmaster
@jarjarhink, like I said in my earlier post, it could go either way based on the forward guidance in the conf. call. That is why I recommended a straddle. Chartsmaster
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