Roku Options Trading: A Deep Dive into Market Sentiment

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Whales with a lot of money to spend have taken a noticeably bearish stance on Roku.

Looking at options history for Roku ROKU we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $336,767 and 4, calls, for a total amount of $132,900.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $125.0 for Roku, spanning the last three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Roku options trades today is 1433.43 with a total volume of 983.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Roku's big money trades within a strike price range of $60.0 to $125.0 over the last 30 days.

Roku 30-Day Option Volume & Interest Snapshot

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ROKU PUT SWEEP BEARISH 06/20/25 $11.5 $11.45 $11.5 $85.00 $83.9K 666 73
ROKU PUT SWEEP BULLISH 06/20/25 $11.75 $11.4 $11.4 $85.00 $83.2K 666 99
ROKU PUT SWEEP BULLISH 06/20/25 $11.4 $11.3 $11.4 $85.00 $66.1K 666 233
ROKU CALL SWEEP BULLISH 03/21/25 $2.36 $2.35 $2.36 $105.00 $47.2K 6.1K 18
ROKU PUT TRADE BEARISH 03/21/25 $17.9 $16.5 $17.78 $100.00 $35.5K 38 20

About Roku

Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.

Roku's Current Market Status

  • Currently trading with a volume of 1,909,346, the ROKU's price is down by -2.61%, now at $83.05.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 13 days.

What Analysts Are Saying About Roku

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $97.5.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * In a cautious move, an analyst from JMP Securities downgraded its rating to Market Outperform, setting a price target of $95. * Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $100.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Roku, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
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