Investoid

Since I wrote about covered calls yesterday, I’ve come across some information on US-based ETFs that specialize in covered call strategies. As this TheStreet.com article states, diversification when attempting a covered call strategy is relatively important if you’re not merely speculating. These types of funds get around the main issues I had with do-it-yourself covered call writing.

Beware of the Net Asset Value premium on these stocks, as is being discussed on this Financial Webring forum post. Nonetheless, these ETFs may be a good choice if you are slightly bearish or neutral on the US market right now.