- Dividend University
- DIV 301
Option Income ETFs
Covered call and option income ETFs now pay some of the biggest distributions in the market. This course opens them up: the different strategies they use, how funds like JEPI, QYLD, SPYI and DIVO differ, how weekly and single stock funds work, and why a 50% distribution rate does not mean a 50% return.
- Explain how a covered call ETF turns option premium into distributions
- Tell apart at the money, out of the money, ELN and call spread strategies
- Explain how single stock option income funds are built
- Separate a fund's distribution rate from its total return
Syllabus
- 110 min
How Covered Call ETFs Work
Funds that sell calls on their own holdings every month and pay the premium to you.
- 212 min
Covered Call ETF Strategies Compared
At the money, out of the money, ELNs, spreads: the recipes behind option income funds.
- 312 min
JEPI, JEPQ, QYLD, SPYI and DIVO
Five well known option income funds, five different engines under the hood.
- 410 min
Weekly Paying and 0DTE Income ETFs
Funds that sell options expiring the same day and pay you every week.
- 511 min
Single Stock Option Income ETFs
Covered call funds built on one volatile stock, and why their yields look so enormous.
- 611 min
Distribution Rate vs Total Return
The arithmetic behind 50% yields, and why the share price decides whether you made money.