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Mike Khouw Sees Unusual Options Activity In Roku

On CNBC's "Options Action," Mike Khouw spoke about unusually high options activity in Roku Inc (NASDAQ: ROKU).

· 11/20/2020 07:55

On CNBC's "Options Action," Mike Khouw spoke about unusually high options activity in Roku Inc (NASDAQ:ROKU). On Thursday, it had three times the average daily options volume on the back of bullish remarks from John Malone.

The most activity was concentrated on the weekly options, expiring on Friday and a week from Friday. Khouw was looking at the November 27, $260-strike calls. Around 6,000 contracts were traded on Thursday and traders paid $5 for them.