Roku, Inc.
Short

ROKU - Bearish

305
ROKU - Appears to be in the ABC corrective wave after it completed a 5 wave sequence back in Feb 21 to 486. Roku has completed AB of the corrective wave and is now in C wave down which would be a 5 wave down towards 326 and possibly lower towards bottom of Wave A (272).

Play the curve down on the weekly and use white lines as areas to trim out of your position. Will need longer dated puts (3 months minimum/I prefer 6 months - and at the money strike imo)

#Investing #Options #Stockstowatch ROKU

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