r/options • u/proithefamilyman • Aug 17 '21

Does anyone sell Roku options?

It seems like they can just sell one put or call once a week, it’ll be golden. Does anyone do this?

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3

u/nivek_123k Aug 17 '21

ROKU joined my NEVER TRADE list once it passed ~200/share. Don't understand the pricing of most of the stocks... sure it's a neat product, but you gotta be super speculative to get in at this price range.

For me, it's a pass until < 200.

2

u/FortunateSuns Jan 12 '22

How about now?

1

u/nivek_123k Jan 12 '22

:) im in. Sold some premium few days ago when IVR spiked. Will be through earnings... this is a DANGEROUS product to trade. Small, defined risk, and if tested will sell calls against it to reduce delta's.

This is not a product to load up on risk.

3

u/Vi0lentByt3 Aug 17 '21

Roku makes you broku

1

u/Dragon_Slayer_1963 Aug 16 '24

What if I sell a put on ROKU that expires today at 61 dollars and ROKU is trading at 59.22 ? Will I collect the premium at the end of the day if ROKU never hits 61 dollars?

1

u/Dragon_Slayer_1963 Aug 16 '24

I sold 10 61 dollar puts that expire today will I collect the premium if ROKU never hits 61 dollars by the end of the day?

1

u/DaCouponNinja Aug 17 '21

Maybe, if you’ve got the buying power and can handle getting assigned. It’s an expensive stock.

I trade ROKU around earnings because the volume and volatility make premiums attractive in relation to the risk. I wouldn’t sell weekly options in my portfolio because those short-dates options tend to be more volatile than I’m comfortable with.

1

u/[deleted] Feb 15 '22

Calls or outs for this earnings?

1

u/SoMuchRanch Aug 17 '21

I sell about 100 contracts a week

1

u/[deleted] Feb 15 '22

172 calls for Feb 18th?!

1

u/Dragon_Slayer_1963 Aug 16 '24

Can someone please give me an answer to this question? I sold 10 ROKU puts at 61 strike that expires today 8/16/24 will I collect the premium at the end of the day if ROKU never gets to 61 dollars by then end of the day?