|Bid||21.730 x 2900|
|Ask||21.780 x 1300|
|Day's Range||21.72 - 21.80|
|52 Week Range||19.43 - 25.50|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.70|
|Expense Ratio (net)||0.60%|
When an investor with a long position in a particular asset sells a call option for that asset, generating a profit in the process, that is considered a covered call. A key to the covered call approach is that the buyer of the call option is obligated to pay a premium in order to buy it. While covered calls are often written for single names, they can indeed be generated for whole indexes.
The equity markets have experienced violent swings in a year of uncertainty, especially with the latest escalation in trade war talks tugging on investors' fears. "The recent headlines surrounding the US / China 'trade war' I think have been overblown. With this presidency there will always be a headline to sensationalize but from an investors standpoint it is important to understand and be aware that there are products available to navigate elevated volatility while still maintaining the desired equity exposure," Horizons ETFs’ (US) Portfolio Manager and Head of Product Development, Jonathan Molchan, said in a note.
Bloomberg's Eric Balchunas and Scarlet Fu break down and discuss the Horizons NASDAQ-100 Covered Call ETF (ticker: QYLD) with Jon Molchan, head of product development and portfolio manager at Horizons ...
The recent market swings show that the aging bull market rally is susceptible to sudden extreme bouts of volatility. Nevertheless, investors who are worried about further risks may turn to alternative ...
The recent equity market correction shows that the aging bull market rally is susceptible to sudden bouts of extreme volatility, and with a rising rate environment and surprise moves out of the Trump administration, ...
The stock market bulls are playing hide and seek as the Dow Jones Industrial Average has been trading in wild swings this week. The blue-chip index fluctuated in a range of 1,600 and 1,200 on Monday and Tuesday, respectively, marking the two biggest intraday ranges in history. The index also swung in a range of more than 500 points on Wednesday, indicating heightened volatility.Source: Shutterstock