Want More Income From Large-Cap Stocks? XFUNDS Bets on Options With New VOOY ETF
XFUNDS' new actively managed ETF combines large-cap stocks with options strategies to generate income as option-income ETFs gain traction.
A company created a new investment fund that buys big company stocks and uses special agreements (called options) to try to make extra money from them. When you're looking at this fund, you can notice that more investment companies are trying this strategy, which shows they think people want extra income right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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