ROKU has an interesting setup day, as we show ~43% of options gamma is expiring today. Most of the options in ROKU are also at the 150 strike, which may setup an interesting “pin” play. The idea here is thats the options decay hedging flows (which are tied to 150) push the stock back towards that 150 level. Its currently 10AM EST and ROKU is at $148.50. We’ll update this after the close today.
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