Post by
AndrewWiggin on Sep 01, 2023 2:05pm
"At the money"
Umax appears to earn the money for distributions buy writing covered calls at the money. So 50% of the portfolio will have no capital appreciation because they will get called at any increase in price. This will take pretty active management to maintain positions which leads me to the big question.
When will artificial intelligence take over all the covered call etfs? Or has it already happened?