iShares Global Tech ETF (IXN) Covered Calls
The iShares Global Tech ETF (IXN) is a passively managed fund that tracks the S&P Global 1200 Information Technology 4.5/22.5/45 Capped Index. The fund provides broad exposure to leading technology companies across developed and emerging markets, encompassing hardware, software, semiconductors, and IT services. It is designed for investors seeking to capture global digital transformation trends through a diversified, market-cap-weighted portfolio of large-cap technology giants.
You can sell covered calls on iShares Global Tech 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 IXN (prices last updated Thu 4:16 PM ET):
| iShares Global Tech ETF (IXN) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 99.21 | -3.61 | 95.00 | 117.00 | 215K | - | 9.4 |
| Covered Calls For iShares Global Tech ETF (IXN) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Apr 17 | 99 | 2.40 | 114.60 | -13.6% | -215.8% | |
| May 15 | 99 | 3.80 | 113.20 | -12.5% | -89.5% | |
| Subscribers get access to the full covered call chain, and more features. | ||||||
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Core Business and Products
IXN offers a global perspective on the technology sector, extending beyond U.S.-only benchmarks. Its portfolio is tilted toward dominant, large-cap technology firms that drive global innovation in artificial intelligence, cloud computing, and digital infrastructure. By including international leaders alongside domestic titans, the fund provides a nuanced way to gain exposure to the entire global technology value chain.
Top 3 Holdings
The fund’s performance is primarily driven by its largest underlying exposures:
These three firms represent a significant portion of the fund’s assets. Each maintains a highly liquid options market, making them frequently utilized for hedging or income-generation strategies within the tech sector.
Competitive Landscape
IXN competes in the global technology ETF space with other highly liquid, optionable instruments:
- Technology Select Sector SPDR Fund (XLK): A U.S.-focused alternative that is often the most liquid tech ETF available, though it lacks IXN’s global diversification.
- Vanguard Information Technology ETF (VGT): Another prominent U.S.-only tech ETF, favored by investors for its very low expense ratio and broad coverage of the U.S. software and hardware landscape.
- iShares Expanded Tech Sector ETF (IGM): A broader alternative that includes companies from related sectors like telecommunications and internet services, offering a different classification of "technology" compared to the pure-play approach of IXN.
Strategic Outlook and Innovation
IXN serves as an evergreen core holding for investors who want exposure to the global drivers of modern digital growth. By spanning international boundaries, the fund mitigates the risk of single-market concentration. While it remains subject to the volatility typical of the tech sector, its structure provides a transparent and efficient vehicle for maintaining long-term thematic exposure to the firms that define the modern economy.
| Top 10 Open Interest For Apr 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV covered calls | 6. | SPY covered calls | 1. | USO covered calls | |
| 2. | EEM covered calls | 7. | QQQ covered calls | 2. | REPL covered calls | |
| 3. | NVDA covered calls | 8. | HYG covered calls | 3. | RCKT covered calls | |
| 4. | KWEB covered calls | 9. | EWZ covered calls | 4. | TMC covered calls | |
| 5. | GLD covered calls | 10. | SOFI covered calls | 5. | CCL covered calls | |
Want more examples? IXJ Covered Calls | IXP Covered Calls
Risk Disclosure: Trading options involves significant risk and is not suitable for all investors. The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, tax, or legal advice. Nothing contained on this site is an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities or financial instruments.
Covered Call Strategy Risks: While covered call writing is often considered a conservative options strategy, it is not without risk. By selling a covered call, you are limiting your potential upside profit from the underlying stock. You remain exposed to the full downside risk of owning the underlying stock. In the event of a significant decline in the stock price, the premium received may not be sufficient to offset your losses.
No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.
You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.
