The Latest Breaking News from Roku

Meme stocks have been the favorites of retail investors since last year. And although several fundamentally weak stocks discussed on the subreddit WallStreetBets (WSB) skyrocketed in price based solely on investor sentiment, only to nosedive later, Wall Street analysts nonetheless expect frequently discussed WSB stocks Roku (ROKU), SoFi Technologies (SOFI),…

Someone with a lot of money to spend has taken a bearish stance on Roku (NASDAQ:ROKU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The maximum possible gain on the trade is $3,090, which would occur if ROKU closed right at 200 on expiration day in April.

Someone with a lot of money to spend has taken a bearish stance on Roku (NASDAQ:ROKU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The shares of leading TV streaming platform Roku (ROKU) have plummeted more than 50% in price over the past six months on analysts’ bearishness toward the stock. Furthermore, because ROKU faces an import and sales ban from Universal Electronics, the question is will the stock be able to regain its…

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