Time to buy ARKK?

https://bigcharts.marketwatch.com/advchart/frames/frames.asp…

Looks like a good candidate for covered calls.

Denny Schlesinger

ARKK: The Bubble Has Already Been Burst - Don’t Miss The Bottom

https://seekingalpha.com/article/4498743-arkk-the-bub/Users/…

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I have been hoping that the Captain would update his Captain’s ARKK

Meanwhile AMD got downgraded this am. They cite declining game sales and PC sales. Probably an end of Covid reaction. People stuck at home spending on games and computers.

Of course analysts are forever churning the stock market to generate new trading. Sometimes they are actually right. But not always.

I have been hoping that the Captain would update his Captain’s ARKK

Will do this weekend.

A bear market is not the time to sell covered calls and that’s the reason I stopped updating the Captain’s ARK. Today I got to thinking (DANGER AHEAD) why not sell calls on ARKK instead of on individual stocks. An ETF by its very nature gives you diversification and you can save a lot of work and save on commissions by selling calls just on the ETF.

Denny Schlesinger

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