iShares 20+ Year Treasury Bond BuyWrite Strategy Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization1,838.26 mln
Business Description
The fund plans to sell call options on shares it already owns, ensuring that the number of options sold never exceeds the number of shares held. This approach means the fund is always in a position to meet its obligations, since its existing share holdings back every option it sells.