I am in the process of attempting to fully automate the ETF-Cashinator™ report to eventually turn it into a subscription service and after employing the ETF Covered Call strategy for almost a year, I’ve tweaked the report a bit with some new parameters.
The ETF selection criteria is pretty much the same:
- ETFs that trade options = true
- ETFs that have average volume > 100,000 shares daily
- ETFs with current price < $100/share (exception for FXI and perhaps others later on)
The new report will have the following parameter by default
- ETFs with Option/Call yield >= 3%
- ETFs with Option/Call yield >= 4% will now be highlighted green
All other ETFs will no longer be listed on the report published here but the raw data and access to the full report which will include all options for the full year will be made available on the subscription site. Click image below to see the new free “Options Friday” report that will be generated each Friday.
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