iShares Investment Grade Corporate Bond BuyWrite Strategy Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization268.69 mln
Business Description
The fund plans to sell call options on shares it already owns, ensuring that every option sold is backed by an equal number of shares held. This approach means the fund will never sell more options than it has shares to support them.
