Covered Call ETFs: Less Bad While Damping Volatility
February 03, 2014 at 13:56 PM EST
Covered call exchange traded funds have underperformed in last year’s bull market rally, but the income-generating strategy has provided some downside protection in the current sell-off. The Powershares S&P 500 BuyWrite Portfolio (NYSEArca: PBP), which is the largest ETF to follow a...