Early Retirement & Financial Independence Community - View Single Post - S&P Buy-Write Index ETN Info leaked?

clifp · 05-21-2007, 05:30 PM

Why can't an individual investor do this by purchasing an ETF like IVV or SPY and writing a covered call on the position. A .75% ER seems like a pretty expensive way to implement a pretty simple strategy.

05-21-2007, 05:30 PM	#10
clifp Thinks s/he gets paid by the post Join Date: Oct 2006 Posts: 3,009	Why can't an individual investor do this by purchasing an ETF like IVV or SPY and writing a covered call on the position. A .75% ER seems like a pretty expensive way to implement a pretty simple strategy.