Insights and analysis on covered call ETFs, portfolio strategy, and market trends.
Covered call ETFs have exploded in popularity, surpassing $147 billion in combined AUM. But focusing only on the option strategy misses a fundamental point.
TSLY advertised yields exceeding 60%. But behind these numbers lies a fundamental problem: extreme concentration risk that can destroy capital permanently.
Covered call ETFs are not pure equity investments. They are a structured combination of directional exposure and short volatility — and understanding this distinction changes everything.