Core Viewpoint - Roku Inc has announced a partnership with Amazon to enhance its connected TV presence, potentially reaching 80 million households and allowing marketers to utilize Amazon's ad-buying system to target this audience [1] Group 1: Stock Performance - Roku's stock increased by 10% to $81.88 following the announcement, reclaiming its year-to-date breakeven level and on track for its highest close since March 6 [1][2] - The stock has formed a bullish falling wedge pattern, with a year-over-year increase of 48.7% from its February 14 annual high of $104.96 [2] Group 2: Options Activity - Options trading has surged, with 24,000 calls and 4,736 puts exchanged, indicating nine times the typical volume for this time of day [3] - The June 85 call is the most active option, with new positions being sold to open [3] Group 3: Short Interest and Volatility - Despite the stock's rise since early April, short interest has increased by 24.9% in the last month, now accounting for 7.6% of the stock's available float [4] - The stock's Schaeffer's Volatility Index (SVI) is at 49%, in the low 9th percentile of annual readings, suggesting that premiums are affordable amid low volatility expectations [5]