Covered Call ETFs Explained: Risk + 6 ETF Examples

00:00 Options Basics
01:29 Covered Call Example
06:50 Practical Points
09:15 Risks
11:00 Why are Call Options Sold?
11:35 Recommended Video
12:05 Covered Call ETFs
12:43 ETF Example #1: ZWB
14:53 ETF Example #2: HHL
15:33 ETF Example #3: USCC
16:06 ETF Example #4: YTSL
17:43 ETF Example #5: BTCY
18:05 ETF Example #6: JEPI
18:44 How to determine Risk
19:29 How to research Covered Call ETFs

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The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adriano Starinieri is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adriano is not responsible for investment actions taken by viewers.

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[rossmacdonald]

Great video Adrian. Always good to have a refresher and reminder to stay the course. Covered call ETFs are great.

[vicmaa]

This is very helpful, I have a rough idea of cover call but now you make it clear for me. Thank you so much Adrian!

[theocratickingdom]

I’m watching your video instead of the Super Bowl. 😎

[pepto_]

More informational videos like this please 🙏🙏

[jamegrabham]

Super video Adrian...very well explained...

[mastertrader]

Good day Adrian - just a question for clarification regarding covered calls - If the strike price is hit (i.e. the stock price rises above the strike price) we have to sell our shares at that strike price and still collect our premiums and whatever dividends - BUT - doesn't this "deplete" the number of shares we have over time as compared to say just when the option expires etc. (If the option just expires we still get the premiums + dividends + still retain the share) - Thus we loose a share(s|) and any future dividends - If shares are depleted it cuts into the dividend income part of the income portfolio 🤔🤔🤔

[tobypowers]

How much is the income impacted during down markets? There's one coming at some point. I assume it's only the premiums that would be the income so not sure that we be much money. Wish he would do a video of bear markets and show some historical data on how covered calls performed for different funds.

[adstix]

21:39 Thank you so much for this ETF101, Adriano!
By the way, is there a Canadian covered call ETF that combines energy and utility stocks with a good yield? Please advise. Thanks!

[Ditchdiggerpewsitter]

Thanks Adrian. I understand the CC process and am looking to invest in one of the high income share funds. I have a question: what happens when the fund manager(s) are unsuccessful in making enough on CC's in any given month to pay the stated dividend? As I understand it they return some of your equity ROC. Does this not dilute your stake in the fund. Over time a long time, is this a big risk factor. Thank you . David. As a Canadian how can you find what your effective yeild is after all taxes - US and Canadian? Lots of ask here. Apologies.

[stevenalter]

Is SPYT tax efficient? I see ROC for 2024 is 82%.
My concern is does this erode NAV?

[dondinero]

Now I have a better understanding of call options! Thank you for this Adrian! 🫡