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ROKU

The Casino Gulag ModelShould we expect any less at this point. The federal reserve has pumped $3 Trillion dollars into the financial system on a cumulative basis since they announced they were essentially going to nationalize the repo market; we have have a President that goes on Twitter and 'Tweets' with the sole purpose of manipulating the stock market; we have Artificial Intelligence that can block people from spreading divisive messages that are critical of the established mainstream media narrative; we have Bloomberg News, arguably a public utility in the world of finance, openly admitting that they are not going to do any investigative reporting on Democrats; we have prisoners convicted of not only molesting children, but also pimping them out, suddenly "committing suicide" while on suicide watch; and the big 4 banks, who control 39% of total banking deposits in America -- the largest most powerful military empire in human history -- are allowed to engage in speculative trading activity with the insurance of not only the FDIC, but the federal reserve, an institution controlled and majority owned by these very same banks So why should we be surprised by this lol. This is what happens in Kleptocracy's; corruption so egregious that it almost seems absurd, just like that "chart pattern"
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by InteractiveSwingTrading
$ROKU Explodes Through Technical Barriers Off Earnings MissROKU Roku Inc (NASDAQ:ROKU) shares have been on a manic run since failing to beat overly aggressive expectations in the company’s most recent quarterly report. Roku reported strong results overall. Revenue and gross profit grew 50% as active accounts grew 36% to 32.3 mln and streaming hours grew 68% to 10.3 bln. There were a few blemishes in the report. Namely, there was not enough revenue upside and gross margins were disappointing. Third quarter revenue upside of 1% was much more muted relative to the second (11%) and first (9%) quarters. Fourth quarter revenue guidance was only in-line with estimates. Investors wanted to see another beat and raise given the 12x forward sales multiple. What's more, third quarter gross margin fell 15 bps yr/yr to 45.7%, missing estimates. Platform gross margin pressure (-790 bps to 62.6%) came from a higher mix of video ads, which have +50% margins. It appears that gross margin expectations got a little ahead of themselves. There isn't much clarity on the platform revenue mix. Platform revenue is generated from selling ads, revenue sharing with media companies when a consumer signs up for a streaming service on Roku, content deals, and marketing from streaming services on Roku. Read more at dailytrendingstocks.com
NASDAQ:ROKU
by GregFolin
Short Roku Idea I find it so ridiculous when a stock rises just because some analyst upgraded it. Roku rises 10% just because BOA analyst said that competition is good for roku and set a TP target of 154 , which is 4% above the current rate. If you look at the fundamentals, disney streaming launch is just nearby. And disney has loads and loads of content. Yes roku sells hardware and the focus is more on this, and also provides apple tv and other streaming platform, most notably ROKU channel which is free and runs of AD , but with a streaming war about to happen, i find it difficult that users will spend time on roku channel. Remember, that their previous huge jump after earnings was because of the fact that most users spent a lot of time in Roku channel and their revenue increase because of it . Dont think they will recreate the magic this time. besides these the stock has risen from 23usd in the last 1.5 years to 148 usd( 170 was the ATH I think), which in itself is just insane ROI and is non sustainable. Reminds me of Tilray, BYND to name a few. Short open 148USD TP1 140Usd Tp2 130 Usd NOTE This is not a day trading position!
NASDAQ:ROKUShort
by arungoten
THE WEEK AHEAD: UBER, BIDU, ROKU EARNINGS; USO, XOP, /CL, VIXHIGH RANK/IMPLIED EARNINGS: UBER (--/74):* Monday, After Market Close. BIDU (59/42): Wednesday, After Market Close. ROKU (72/85): Wednesday, After Market Close. The Plain Jane ROKU December 20th 120/190 short strangle camped out at the 20 delta pays 8.55, but there is some call side skew there that you may want to accommodate in some fashion, for example, via ratio (the December 20th 2 x 105/185, 8.79 credit, -1.64/26.15 delta theta) or by going half as wide on the call side as on the put with a defined risk iron condor (e.g., the December 20th 110/120/185/190 pays 2.09). The BIDU December 20th 90/120 short strangle pays 2.33 and the UBER December 20th 25/39 pays 1.45. Naturally, you'll probably want to adjust strikes a smidge running into earnings, depending on how much these move between now and their respective announcements. EXCHANGE-TRADED FUNDS: SLV (51/24) GDXJ (40/31) GLD (40/12) GDX (38/27) TLT (34/11) USO (29/35) XOP (24/34) First Expiries In Which At-the-Money Short Straddle Pays >10% of Stock Price: SLV: April (165 Days), 2.10 versus 16.92 spot (12.4%) GDXJ: January (75 Days), 4.75 versus 39.40 spot (12.1%) GLD: January '21 (439 Days), 17.48 versus 142.56 (12.3%) GDX: January (75 Days), 2.91 versus 28.01 (10.4%) TLT: January '21 (439 Days), 15.43 versus 140.56 (11.0%) USO: January (75 Days), 1.38 versus 11.69 (11.8%) XOP: December (47 Days), 2.25 versus 21.85 (10.3%) I'm naturally not going to go out 439 days in either TLT or GLD to sell premium, but set them out there to show where the best "buck bang" is. If anywhere, it's shorter duration in GDXJ, GDX, USO, or XOP. BROAD MARKET: As with last week, <45 Day duration broad market (SPY, QQQ, IWM) isn't paying here. The shortest duration in which the at the money short straddle pays greater than 10% of where the underlying is trading is out in June (228 Days) in either IWM or QQQ. I reluctantly put on some QQQ last week (see Post Below), with the intent to manage these longer-dated setups far more aggressively than I would a shorter-dated one, taking profit at 25% max as opposed to waiting for a full 50 or more. Pictured here is an IWM June 19th 135/2 x 185 ratio'd short strangle with the short put around the 16 delta, the short calls doubled up at the 8's to accommodate skew. It pays 3.77 with break evens at 131.23/186.89 and delta/theta of 2.55/.73. FUTURES: The premium selling picture is basically the same as last week and mirrors that in the exchange-traded funds, with /CL paying in shorter duration, but not much else. VIX/VIX DERIVATIVES: There are viable term structure trades in VIX in the December, January, and February expiries where the correspondent /VX contracts are trading at 16.16, 17.37, and 18.02 as of Friday close. It is otherwise one of those rare moments where it might be worthwhile to consider a bullish assumption play in VXX or UVXY with VIX approaching 2019 lows around 12 (See Post Below). * -- UBER hasn't been around for 52 weeks yet, so there is no percentile/rank for where the 30-day lies.
AMEX:IWM
by NaughtyPines
Roku bullish breakout and bearish breakdown areasRoku (ROKU) has made an amazing recovery since perfectly testing the $100 level. The news was all bad about competition, but analysts eventually came to the rescue with reassuring reiterations and upgrades. The change in sentiment was confirmed when ROKU printed a 50DMA breakout. Now, the stock has very well-defined bullish breakout and bearish breakdown areas. I contend breaches into these areas will initiate sustained moves. The bullish breakout area starts with the brief area of congestion where ROKU rested for several days before resuming its sharp tumble from all-time highs. The bearish breakdown area starts below the previous consolidation that formed a launching pad around ROKU's 50DMA. That trendline is effective support. NASDAQ:ROKU
NASDAQ:ROKU
by drduru
ROKU - Dying but is an opportunity here?Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Oh boy look at ROKU doesn't that look juicy. Disclosure I would wait for a lower price to kick in. I expect a decent reversal day in the coming trading sessions. Keep an eye out for that! Right now this is why I have a bullish outlook on ROKU: Oscillators on many many timeframes are way oversold This is a fairly new stock in a price discovery mode We are about to fill a big gap from August This is what I would not want to see. I would not want to see the price close under $100 on a 3 day timeframe otherwise I believe we're going to head back toward $75. Upside target about $188 and that's long long term. Trade safely out there. <3 -CE-
NASDAQ:ROKULong
by bitdoctor
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