Unusual Put Options Activity in Fox Corp Following Stock Recovery After Roku Acquisition
Investors are trading large volumes of out-of-the-money put options for Fox Corp (FOXA) as the stock rebounds from a recent low following its $25 billion acquisition of Roku Inc. The deal, announced on June 15, initially faced market skepticism due to increased debt but has since led to an 18.8% rise in FOXA's share price.
Topics: Fox Corp. Roku acquisition stock options