ETJ - ETJ: Hedge Your Exposure To An Overvalued Market With This CEF

• The market is looking substantially overvalued based on multiple metrics.
• ETJ maintains a stock portfolio and then uses an options collar strategy to deliver a positive return regardless of what the market does.
• The fund is very heavily exposed to the mega-cap tech stocks, which could be a risk even though these stocks have been driving the S&P 500 for a while.
• The market ultimately mean reverts and that will cause a crash but we cannot predict when that is so this fund lets you collect a solid yield while waiting.
• The fund trades at a premium, which is discouraging but it might be worth paying the premium for a little protection.

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