ARK Innovation ETF

Opened: ARKK July 15th 34/56 Short Strangle

78
... for a 1.89 credit.

Comments: Selling premium in the exchange-traded fund with the highest IV on the board. As usual, will manage sides on approaching worthless , side test, or a delta/theta ratio of >1.00.

1.89 credit on BPE of 4.26 (on margin); 44.4% ROC as a function of buying power at max; 22.2% at 50% max.

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