Jolt Deal 000000001
Average User Rating
|07 Jul 2021 11:15 EST||Jul 09 2021 3:45 pm EST||option|
|Sentiment||Jolt Maker||User Rank|
|Minimum position||Jolt Recipe Cost||Max loss / pos|
|Min gain / pos||Max expected gain / pos||Duration|
|Optimal conditions||Brokerage Requirements||Account Restrictions|
|Purchase before July 9 mid-day. Price should not be trading less than $129 to avoid overpaying||Ability to trade option spreads, both bullish and bearish, with defined risk.||Allowed in Regular and retirement accounts (IRA'S).|
Here's my current trade for this week. As some of you know, I follow ARKK very closely. Over the next 5 years I believe this will continue to move up enormously, though the road will be very much a roller coaster. I like to play it both to the long and the short side, using options. I'm bullish on ARKK from here, but not until it closes a recent gap. This should take place over the next 2-3 days, so I'm putting on the following broken wing butterfly trade that risks around $45 per position in order to make between $50 and $350 over the next 3 days.
Here's my technical analysis showing you what I expect over the next few days:
Disclosure: Investing in options or crypto is inherently risky. This is not a solicitation to buy or sell.Please read our options disclaimer on this site before trying to emulate any trade shown here.