ETV | Income Investing Message Board Posts

  •  Registered Members of Investor Village:
    Please make sure you are signed in to your Investor Village account to enjoy the full benefits of our service and avoid the MediaPass paywall. If the MediaPass offer page is blocking you, click the light blue "No thanks, take me back" link on the middle right side of the form to get to our home page where you can sign in by entering your Investor Village User Name and Password. 

     MediaPass subscribers: Please make sure you are logged in to your MediaPass subscription to bypass the paywall. You can do this by clicking the light blue "Already have a MediaPass account? Login here" link on the middle left side of the subscription offer form and then entering the email address and password you used when you first signed up with MediaPass.  

    For assistance call 888-222-7309 or email

Income Investing   /  Message Board  /  Read Message



Rec'd By
Authored By
Minimum Recs
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  53281 of 53422  at  6/30/2020 12:31:11 PM  by


 In response to msg 53279 by  Jerseyvinny
view thread


Go to this page on ETV's website, click on Portfolio (shows top 10), then click on "View all" at the bottom of the list - it shows everything they hold, including % of assets in index covered calls - I put them into Excel and they added up to only 6% of AUM, so like you I don't know what the "Options strategy of writing (selling) index call options on the S&P 500 (at least 80%) and the NASDAQ-100 (at least 80%)" means. To sell CC's you need to own the indexes (SPY and NDX), but clearly they don't, own a smattering of stocks in the two indexes. This page says it in black and white that the write index CC's, AFAIK there's no such thing as writing a naked CC:
Options Strategy: Write index covered calls
Even weirder is that from 2015 until 2019 they matched the two indexes pretty well (see chart below), even exceeded them at times in TR, but at some point in 2019 they started diverging pretty drastically - ok, I adjusted the right side of the time axis and it shows the divergence occurred in Feb 2019, they may have made big changes to their portfolio and chose unwisely.

     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 3     Views: 67
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

Msg # Subject Author Recs Date Posted
53282 Re: ETV ed81 0 7/1/2020 7:19:11 AM

About Us  •  Contact Us  •  Follow Us on Twitter  •  Members Directory  •  Help Center  •  Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
© 2003-2019 All rights reserved. User Agreement
Financial Market Data provided by