While it’s been a rough year for the Ark Innovation ETF (ARKK), a large options trade may suggest a brighter 2023. A strategist purchased what appears to be a 30,000-lot of covered calls on ARK that expire in February. The covered calls allow for over 10% upside potential in share appreciation before capping out, while also providing over 3.5% return from call premium. Overall, it’s a moderately bullish trade on a stock that’s been hit very hard in recent months.
If you’re not doing this in your portfolio right now…
You could be missing out on $5,900 per month in retirement.
I’m not referring to some new dividend strategy…
And this does NOT involve forex or anything complicated or risky like that.
But this “Recession-proof” strategy can generate up to $5,900 per month… in up markets… down markets… and anything in between.
