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OIB Trade Alert: ROKU

Let’s book fast profits on our Roku (ROKU) put.

Current Stock Price: $71.12

Cash in Hand: $1.65

Action: Buy to close the ROKU Sep Monthly (9/16) 60 Put

Current Option Price: $1.20-$1.24

Recommended Limit: Set your initial limit order at $1.22, but adjust as needed to close today

Profit: $0.43, or $43 per contract

Rate of Return: 0.7% in three days, or 87% on an annualized basis

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