Originally Posted by
mispoken
There are no contracts available for this ticker. Is this just an ETF that does the covered call writing and rolling for you producing the 12% yield?
exactly. The AUM consists of a Russell 2000 index, and then they sell at the money covered calls on the underlying assets. If you check the monthly “dividend” distributions, they correspond to the monthly option contract expirations. Value is fairly stable (excepting the chaos of early 2020).