When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
HSPX - S&P 500 Covered Call ETF: Compelling In High Volatility Environment
Global X S&P 500 Covered Call ETF
A bit over one year ago, I took a closer look at buy-write (a.k.a. covered call) strategies and at a couple of ETFs that followed the methodology. The fund in question was Mirae Asset's Global X S&P 500 Covered Call ETF (HSPX).
As a reminder, the buy-write investment approach consists largely of (1) buying stocks and (2) selling call options on the assets owned. While the strategy allows investors to earn option premiums periodically, it also caps the potential gains in the underlying stocks.
While a buy-write fund may be ideal for income-seeking investors, since