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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.