Is Netflix Exploring Acquisition Opportunities? Why Roku Stock Is Surging


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Roku Inc (NASDAQ:ROKU) shares are trading higher Wednesday following a Business Insider report suggesting the company may be in talks to be acquired by Netflix Inc (NASDAQ:NFLX).

According to the report, citing people familiar with the matter, Roku has "abruptly" closed the employee window for trading and talks of a Netflix takeover are bouncing around within the company. The closing of the trading window for employee shares suggests that fundamental changes could be on the horizon.

Roku connects users to the streaming content they love, enables content publishers to build and monetize large audiences and provides advertisers with unique capabilities to engage consumers. 

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ROKU Price Action: Roku shares have a 52-week high of $490.76 and a 52-week low of $75.03. It's down nearly 60% year-to-date.

The stock was up 5.41% at $98.47 at press time, according to data from Benzinga Pro.

Photo: courtesy of Roku.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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