Santa rally is for real as long as you believe it.
Call spreads to look for are NFLX, AMZN, AAPL, TEAM, FB, AMD, CRM, SWKS
Put spreads to eye are TWTR, FANG, EXAS, TPX, BIIB, COST, ULTA, ZS, CMG, IWM, AMZN, HUBS, DIS, MJ, AYX, TLT, CVNA, PLNT, UVXY
Roku Inc (NASDAQ:ROKU) is the one that looks primed for a really. The stock made a nice bottom last week off some news that was already known to the markets. Since then it ran sideways for a few days.
Now, it’s starting to make a really nice bullish move that I think could run it up towards $145-$147.
ROKU hourly chart
You can see how price made a great reversal on good volume. Then, it traded sideways. With light volume this week, and the stock already showing buoyancy, I like this trade through the end of the year as a quick win.