Monthly Covered Call ETFs

Income Calculator

The form below contains Four Covered Call ETFs to select from ($QYLD, $QYLG, $XYLD, $XYLG, $RYLD). Once you have selected the desired ETF, then select the hypothetical Investment Amount ($100 - $1,000,000).




*DISCLAIMER: THIS CALCULATOR WAS MADE FOR EDUCATIONAL PURPOSES ONLY. RESULTS MAY VARY DEPENDING ON MANY FACTORS. INCOME DISPLAYED IS BEFORE TAXES & TRADING FEES FROM BROKERAGE. THIS IS NOT INVESTING ADVICE. ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING. PLEASE VISIT GLOBALXETFS.COM FOR MORE INFORMATION FOR THESE SELECTED MONTHLY PAYING COVERED CALL ETFS.


What Is A Covered Call ETF?

A Covered Call ETF is an ETF Managed by an Investment Firm, that writes Covered Call Options against either the underlying Index ETF or the specified Individual Stock. This type of strategy is a bearish play, meaning they don’t believe their selected ETF or Stock will reach their Option Strike price. The underlying position can still go up, but as long as it doesn’t reach their price they sold, they will win the position. All of these options have an selected Expiration Date, meaning that they will all expire on that specified date.


What Are Some Examples Currently In The Industry?

One’s mentioned in the calculator above are a part of the Global X Fund Network. $QYLD, $XYLD, $RYLD, $QYLG, & $XYLG. Others not included in the calculator above are.. Invesco's S&P 500 Buy/Write ETF, $PBP. WisdomTree's S&P 500 Put/Write, $PUTW. Credit Suisse's Gold Covered Call ETF, $GLDI. There are many others available in the industry, be sure to do your own research & let us know if there are any others that you come across that are intersting! 👍


What’s The Covered Call Strategy For The Selected ETFs Above?