Скачать или смотреть Buying ARKK Through OARK For Monster 55% Dividend Yield (Cathie Woods ARK Funds)

OARK sells covered calls (collects options premiums) and holds government treasuries to derive its 55% dividend yield. I have always wanted to sell calls on Arkk funds but had to own the underlying as I am not qualified for naked/synthetic calls. But, Yieldmax does it for me.

OARK Follows ARKK, not ARKW, so most diversified of the ARK Funds.

-NAV erosion risk: fund drops by dividend amount each month: and caps upside if ARKK breaks out, as call options are then called away.

-Sells puts and calls. Ours should give the fund some underlying floor to prevent outright NAV decay (not sure).

-Uses synthetic calls; so doesn’t own underlying stock. This could cause correlation issues with the underlying ARKK fund and OARK.

-OARK uses government treasuries for collateral on the options and to receive extra income.

-Call strikes are $42 & $40, which are the support and resistance areas of the fund, currently. Watch these levels closely.

-.99% expense ratio

Why Not Put All Of My Money In OARK For 55% Dividends Monthly? I decided to put 5K in, but how much would you risk on OARK? Please leave comments. Thanks!