In today's video, I'm looking at a ROKU Calendar Spread given that the stock is trading with an IV Percentile of 7%.

Basically we're seeing some of the the lowest levels of implied volatility on ROKU in the last 12 months.

Calendar Spreads are long Vega trades.

In terms of trade management, would look at a 20% profit target, 20% stop loss and would consider turning it into a double calendar if it crosses through the expiration breakeven prices but has not hit a stop loss.

This video is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions.

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