Dienda88

ARKF, Fintech Spikes with Crypto

Long
AMEX:ARKF   ARK ETF TR FINTECH INNOVATION ETF
Won't get too much into the crypto side, but with Tesla & Apple adopting BTC as forms of payment, obviously very bullish . No doubt Cathie and her team are ahead of the speculative game. Disruptive banking and e-commerce, this is it.

Extremely happy that ARKF recently had weeklies and leaps added to the options chain. I'll be looking to drop a grand in soon and set up a PMCC. However, there has been a spike in volume and the Bollinger Bands are super expanded right now. There's no unusual options activity like I saw with ICLN . Nonetheless, I'll be waiting for a sub $60 entry, or for some less volatility .

Good breakout in the short term. I'll be looking for some shorter term call options to ride the wave up. This isn't exactly a highly traded ETF . Would hate to get fucked by liquidity & bid/ask.
Comment: a note: ARKF doesn't have any Tesla, and seems to be the underperformed because it has the least speculation. Basically, ARKF is a pretty normal and conservative ETF for this market's standards.

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