Trade Alert 1/3/2024


We have closed our entire ARKK position. The hedge was stopped out this morning on the gap down at 48.87/share. The result is a loss of -$58.50 on the hedge. The spread was closed at 1.02 debit. The result is a gain of +$28.00 overall. So, our overall result is a loss of -$30.50 nearly breakeven.
Buy to close:  ARKK Jan 19th (monthly) 50.00 strike call
Sell to close:  ARKK Jan 19th (monthly) 55.00 strike call
Debit: 1.02