Sell Alert: Take 98% Profit On ARK Innovation ETF Puts
Investors holding high-valuation tech stocks have started worrying that higher Treasury yields reduce the present value of cash flows that are expected to arrive far in the future. Tech stocks are leading the market to the downside, and so-called value sectors like financials are doing well. Pricing is high for ARKK puts. Considering time to expiration and our put’s price, we recommend locking in gain now.
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