Boosting IT knowledge with Covered Calls.

February 16, 2024
1 min read

TLDR: This article discusses a strategy for investors looking to protect their assets or generate returns in the Information Technology sector. The author suggests employing a strategy that writes covered call options on the sector. By writing covered calls, investors can create a stream of income and reinvest the premiums received to support future growth and cushion against market declines. The Global X Information Technology Covered Call & Growth ETF writes call options on 50% of its notional holdings monthly and reinvests the premiums back into the fund. The article also highlights the recent growth of the Information Technology sector, driven by advancements in artificial intelligence, cloud computing, and the Internet of Things.

Latest from Blog

McDonald’s hit by worldwide tech glitch.

McDonald’s Tech Outage Summary TLDR: McDonald’s experienced a global tech outage leading to restaurant closures The outage was due to a “system failure” and not cybersecurity issues Fast food giant McDonald’s faced