ARKQ iron butterfly calendar spread idea: buy $70 call 1/15/21 buy $70 put 1/15/21 sell $75 call 12/18 sell $65 put 12/18 max risk through 12/18 = $135 / 4-option order contract max risk after 12/18 till 1/15/21 = $635 / straddle contract max reward after 12/18 till 1/15/21 = unlimited / range +$900 - $635 = $260 (As you can see from this analysis it's not worth...
hey friends the graph of this index over a period of one day shows that there is a high probability that it will experience an uptrend please subscribe for more information please contact me on youssef.lyazidi5@gmail.com
2 days will confirm potential buying opportunity for ARKQ. Till then it is likely to close lower and fall more.
Monthly TA is not looking very healthy, where Elliot Wave 4 formation is on it's way.It is likely to retrace back up to 24.53 at 0.618 fib level. RSI supports dipping as it has been overbought. Put stop loss limit at 32.44; at previous support or sell and buy at dip at 24.53 - 25.66. As per Daily TA, RSI has been oversold and it may rebounce back depending on...