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Mike Khouw Sees Unusual Options Activity In Roku

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Mike Khouw spoke on CNBC's "Options Action" about an unusually high options activity in Roku Inc (NASDAQ: ROKU).

The company had above average options volume on Tuesday as calls outnumbered puts two to one. It's going to report earnings on Wednesday and the options market is implying a move of 15 percent.

The most active options on Tuesday were the May 37 calls. They traded for $1, which sets the breakeven for the trade at $38 or 14.73 percent above the current stock price.

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media


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