صناديق ETF للخيارات المغطاة ودخل الخيارات
صناديق تبيع خيارات لتحويل الإمكانات الصعودية إلى توزيعات نقدية قابلة للصرف.
Covered-call (buy-write) ETFs hold a portfolio — an index, a sector, sometimes a single stock — and sell call options against it. The option premium they collect becomes distributable income, which is why these funds quote eye-catching yields.
The economics are a trade: in exchange for the premium, the fund gives up some or all upside above the option strike, while keeping most of the downside. In strong bull markets they lag badly; in flat or gently falling markets the income cushions returns. The 'yield' is largely harvested volatility, not free money, and distributions often include return of capital.
Single-stock option-income funds add concentration risk on top. Read how much of the portfolio is written against, at what strikes, and how distributions have behaved across market regimes.