iShares Fallen Angels USD Bond ETF (FALN) Covered Calls

You can sell covered calls on iShares Fallen Angels USD Bond ETF to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for FALN (prices last updated Fri 4:16 PM ET):

iShares Fallen Angels USD Bond ETF (FALN) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
26.23 +0.06 26.00 28.22 525K - 4.3
Covered Calls For iShares Fallen Angels USD Bond ETF (FALN)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
May 17 26 0.10 28.12 -7.5% -124.4%
Jun 21 26 0.10 28.12 -7.5% -48.0%
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Extended Business Description

The investment seeks to track the investment results of the Bloomberg Barclays US High Yield Fallen Angel 3% Capped Index composed of U.S. dollar-denominated, high yield corporate bonds that were previously rated investment grade. The fund generally will invest at least 90% of its assets in the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is designed to reflect the performance of U.S. dollar denominated, high yield corporate bonds that were previously rated investment grade.