Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $155.90) to be 51%. var SC_period = "1y"; var SC_lineThicknesses = "1,1"; var SC_clientId = "bnkinvest"; 'volumeColor='+SC_volumeColor+ var SC_gridBackgroundColor = "FFFFFF"; var SC_showHighsLows = "no"; At 13:02 the price fell to ~86, this was the bottom before the upswing at the end of the day. var SC_leftLabelsEvery = "20"; 'width='+SC_width+'&'+ ARKK has weekly options though, and in this case, I'm looking at the cycle closest to my 45-day sweet spot, which is the April 1, 2021 expiration. var SC_type = "line"; var SC_showLegendTable = "yes"; If an investor was to purchase shares of ARKK stock at the current price level of $155.90/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $158.00. var SC_leftBuffer = "45"; var SC_labelSide = "left"; 'labelColor='+SC_labelColor+'&'+ ARKK | A complete ARK Innovation ETF exchange traded fund overview by MarketWatch. var SC_lineColors = "132B77,990000"; The put contract at the $155.00 strike price has a current bid of $9.30. By 13:07 there was a volume of over 20,000,000 in the buying direction. The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. Please. var SC_showPrevClose = "no"; var SC_leftLabelsEvery = "20"; var SC_bottomLabels = "2/14/20, , , ,6/15/20, , , ,10/12/20, , , ,2/10/21"; var SC_bottomLabels = "2/14/20, , , ,6/15/20, , , ,10/12/20, , , ,2/10/21"; var SC_gridBackgroundColor = "FFFFFF"; Mark Sebastian Mar 8, 2021 2 ... and maybe ARKK names, might be the last exit off the bagholder highway. document.write('