https://www.google.com/finance/quote/ARKK:NYSEARCA?window=5Y…
Down 60% from its all time highs, anyone looking to profit from a dead cat bounce?
tecmo
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1 Like
Perhaps selling Jan 2024 put. Strike of 59.22,last trade $15.00. Either 25% return for 23 months or $44.22 entry. Either way not bad.
Jk
1 Like
I’m pretty impressed with how well SARK has done.
They simply short everything ARK goes long.
Launched at $30 in November, I believe.
Intraday high today $56.63.
Jim
4 Likes
I’m pretty impressed with how well SARK has done.
Yes you can play both sides very easily with a rotation strategy.
tecmo
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1 Like
I’m pretty impressed with how well SARK has done.
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Yes you can play both sides very easily with a rotation strategy.
Sure, but it’s surprising how many ways you can make a buck if you know which way prices are going next : )
Jim
2 Likes