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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (59534)5/10/2022 6:49:52 PM
From: Qone01 Recommendation

Recommended By
Sun Tzu

  Respond to of 97274
 
In an extended down market the price will just fall and the yield go up as vix spikes. The calls they sell are covered so there is nothing to blow up from the option point. The yield fluctuates with the VIX level.

They sell monthly covered calls and pay a dividend every month.

This is some more on them.

stockanalysis.com