Roku (ROKU) is down today despite the rally in the broader market. Given this, I am recommending we close our put now at breakeven rather than risk holding through this week’s Federal Reserve announcement.
Current Stock Price: $50.61
Cash in Hand: $0.41
Action: Buy to close the ROKU Dec Monthly (12/16) 45 Put for around $0.41, but adjust as needed to close today
Profit: $0, or $0 per contract