Covered Call Income | Separately Managed Account
The Covered Call Income SMA strategy seeks income and growth of capital from the sale of covered call options on high-quality U.S. large capitalization equities. Stocks are purchased while call options are written/sold out-of-the-money with the intention of the stocks being called away by expiration.
Strategy Highlights
Seeks cash flow through option premiums, short-term capital gains, and dividends.
Short-term focus can pair well with traditional long-term strategies.
Active management of this SMA focused on mitigating downside risk of individual companies.