amfunk

Is Now the Time to Buy ARKF? Maybe

Long
amfunk Updated   
AMEX:ARKF   ARK Fintech Innovation ETF
I caught the bull trap earlier this week and was able to sell a $59.92C 4/16 for $5 profit, so fucking glad I did that...but my 70c 1/21/22 on the other hand... I had a chance to sell for a 10% loss but for some goddamn reason, I didn't fathom saving myself like my 4/16 call. 40% down on a leap, I'm gonna fucking average down. I'd really rather have that extra $600 to buy this Cali fire sale lol.

Moral of the story: Leaps may seem like free money, but sometimes it takes away other opportunity costs as it requires more capital upfront.

Will be doing an ARKG palm reading over the weekend, I think it's an ICLN situation right now. There was an insane volume spike, driving the price up.
Comment:
bought $60c 4/16
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