Re: Covered Call ETFs - A starting point
Can you (or someone else) explain in more detail how they operate (e.g. how do they make money), when their best time is to make money (markets going up/down/sideways?), whether there is a risk that their large dividend yield could be paying partially with a return of capital, whether they have a limited life (and consequently, one should be careful of buying when the market price is above the NAV), etc.?
I've been following BEP for a while, as I have ETV & ETW, FFA, IGD, and MCN