2022 was a very tough year for the ARK Innovation ETF (ARKK). Cathie Wood’s flagship fund saw a nearly 70% share price drop for the year. A 40,000 lot of short calls that traded last week in ARK options suggests there could be some (but not a lot) of upside for the embattled ETF early in 2023. The calls are likely part of a rolling covered call trade that seeks to generate a return from premiums collected while possibly waiting for the stock to rebound.
Right now, the biggest opportunity in the market has nothing to do with buying and selling stock like you’re used to…
It’s a new trade that can generate extra income on-demand every week…
Up to 96x MORE income than dividends, in fact.
It’s called The One Trade Retirement Plan, and you’re about to see how it’s possible to collect as much as $1,475 per week using it below:
