Cloak and Dagger is a Continuous Trap Card.
Trap Cards are normally Set first and can be activated on a later turn, often in response to an action.
On the current TCG and OCG Forbidden & Limited lists tracked here, Cloak and Dagger is Unlimited.
YGOPRODeck lists Cloak and Dagger for these formats: Common Charity, Edison, TCG, OCG, Master Duel.
A listed print of Cloak and Dagger appears in Strike of Neos (STON-EN059) at Rare rarity.
Among markets shown on this page, the lowest listed snapshot for Cloak and Dagger is about $0.16 on Cardmarket (prices change frequently).
