QYLD Stock Discussion

Recon Capital NASDAQ-100 Covered Call ETF Description

The investment seeks to provide investment results that will closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100® BuyWrite Index. The index measures the total return of a portfolio consisting of common stocks of the 100 companies included in the NASDAQ-100® Index and call options systematically written on those securities through a "buy-write" or covered call strategy. The fund will invest at least 80% of its total assets in common stocks of the companies included in NASDAQ-100® Index, ("80% Policy"). It is non-diversified.

Keywords: Exchange Traded Fund ETF Stock Market Index Options Nasdaq Composite Index Chicago Board Options Exchange Covered Call CBOE DJIA Buywrite Index Buy Write