XDTE logo : XDTE

XDTE

Stock Data

$38.64

Change down

$0.21 (0.53%)

Asset Type

N/A

Exchange

N/A

Currency

N/A

Country

N/A

Sector

N/A

Industry

N/A

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an actively managed exchange-traded fund designed to generate high current income while maintaining exposure to the S&P 500. Instead of using a traditional covered call strategy (which usually involves buying the underlying stocks and selling monthly options), XDTE uses an aggressive, ultra-short-term approach. The find uses a combination of synthetic long exposure and out-of-the-money zero-day call options on the S&P 500. The fund harvests the daily options premiums and distributes cash to investors on a weekly basis.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.