March 26, 2019

ROKU Finds A Friend in Apple

All eyes were on the AAPL presentation yesterday and that caused ROKU to rally strongly and then sell off quickly, but in the end, ROKU ended up trading in the upper portion of their range today. For me, I saw the AAPL news as a positive for ROKU. For one, they will be able to integrate Apple’s new app on their platform. That was key. They weren’t going to lose current clients to AAPL. From there, the AAPL news was not a deterrent to ROKU investors, but instead gave them a safer feel towards the longer term outlook. I think ROKU still has a chance to rally in conjunction with the rest of the markets. The biggest near term hurdle has been covered so far. ROKU will not get crushed by AAPL and that is always a great thing. Be one with your company, crushing competition and not the opposition.

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

Read Similar Articles

March 28, 2024

Wait! There Is An Options Greek Called Rho?

Out of all the Greeks in options trading, Rho is capable of providing uniquely critical insights that others cannot offer. Rho measures an option contract’s susceptibility to changing interest rates. We’ll explain how Rho by defining its specific functions, how interest rates impact options trading, and cover some pertinent scenarios. What is Rho in Options […]

Read Article
March 25, 2024

You Have A Lot Of Options Out There

There are a number of different types of options expiration types.  In the vast majority of our signals, our options will be categorized as “American”-style options.  There are some, like VIX options, that are “European”-style options.  Here’s a quick explanation of both. The term “American style” in relation to options has nothing to do with […]

Read Article
January 4, 2024

Funder Trading Review – Best Prop Trading Firm in 2024?

If you are actively trading in the stock market in 2024, chances are you’ve heard a new buzzword flying around: Prop Trading, short for Proprietary Trading. Whether you’ve tried prop trading or not – or have even heard of it at all – its popularity is quickly growing because it provides everyday traders with a […]

Read Article

Sign Up to Receive the Latest Trading Tips and News from Prosper

Categories

Most Popular

CONNECT WITH US

Read Similar Articles

https://www.prospertrading.com/could-cryptocurrency-influence-fed-decision-on-december-rate-cuts/Could Cryptocurrency Influence Fed Decision On December Rate Cuts?
December 8, 2025

Could Cryptocurrency Influence Fed Decision On December Rate Cuts?

Going into this week, all eyes will be on this month’s Fed Decision. The Federal Reserve will hold its final meetings of 2025 from December 9-10, where a potential rate cut is highly anticipated. While there are many factors that could go into the Fed’s December decision, there’s one in particular that might have an […]

Read Article
https://www.prospertrading.com/exxon-mobil-stock-scotts-bearish-trade-idea-went-up-50/Exxon Mobil Stock: Scott’s Bearish Trade Idea Went Up 50%
December 4, 2025

Exxon Mobil Stock: Scott’s Bearish Trade Idea Went Up 50%

Despite being up almost 18% since April, Exxon Mobil stock (XOM) has seen a lot of ups and downs in 2025. Although XOM has been in an overall uptrend since the spring, Scott Bauer says there’s been a “sell the rally” trend—not just in Exxon Mobil stock—but in the broader oil space. Scott featured Exxon […]

Read Article
https://www.prospertrading.com/straddle-vs-strangle-when-can-each-strategy-offer-unlimited-risk/Straddle vs Strangle: When Can Each Strategy Offer Unlimited Risk?
December 2, 2025

Straddle vs Strangle: When Can Each Strategy Offer Unlimited Risk?

The straddle vs strangle debate has challenged many options traders. What do they mean? How do they work? How much risk in each one? While both strategies have big differences, they also possess some notable similarities… …including trading scenarios where each one can offer unlimited risk. Scott Bauer broke down the straddle vs strangle topic […]

Read Article