Bearish flow noted in Roku (ROKU) with 4,025 puts trading, or 3x expected. Most active are Jan-27 35 puts and Jan-26 55 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 1.85, while ATM IV is up over 4 points on the day. Earnings are expected on July 31st.
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