Selling to Open ROKU $177.50 Puts for $0.50
10% position, if exercised
The way I spend my Fridays is digging through my ticker list and finding stocks that still have potential to crash on the day that I don't think will crash.
That is, selling puts, collecting the premium, and watching the stock trade flat or up into the close.
I think ROKU will close over $177.50 on the day and am making a bet that I'm right. I wish I could sell an even tighter strike price - maybe $179 - but that doesn't exist.
As always, I'll watch it closely and get out if things go sour. It helps that I've booked a few gains today and can afford to take a small loss on this trade - if it gets to that.
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