Mike Khouw Sees Unusual Options Activity In Roku

On CNBC's "Options Action," Mike Khouw spoke about unusually high options activity in Roku Inc ROKU. On Thursday, it had three times the average daily options volume on the back of bullish remarks from John Malone.

The most activity was concentrated on the weekly options, expiring on Friday and a week from Friday. Khouw was looking at the November 27, $260-strike calls. Around 6,000 contracts were traded on Thursday and traders paid $5 for them.