I just invested $228.44K in Roku puts with a strike price of $60.00, expiring on December 20, 2024. Despite its potential for a long-term comeback in the streaming space, Roku's stock has plummeted 86% since its all-time high, raising concerns about profitability and competitive pressures in the market.

I believe ROKU represents a compelling buy opportunity as it has significantly dropped in value, yet retains strong core metrics and a leading market position in the streaming industry. The anticipated growth in the global streaming market further supports my bullish outlook for this investment.