Global X Conscious Companies ETF (KRMA) Covered Calls
The Global X Conscious Companies ETF (KRMA) is a passively managed exchange-traded fund that tracks the Concinnity Conscious Companies Index. It utilizes a proprietary "Multi-stakeholder Operating System" (MsOS) to identify U.S. companies that achieve robust financial performance while delivering positive outcomes for customers, employees, suppliers, shareholders, and local communities.
You can sell covered calls on Global X Conscious Companies 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 KRMA (prices last updated Tue 4:16 PM ET):
| Global X Conscious Companies ETF (KRMA) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 41.63 | -0.17 | 20.84 | 62.52 | 1K | - | 0.7 |
| Covered Calls For Global X Conscious Companies ETF (KRMA) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Apr 17 | 42 | 0.00 | 62.52 | -32.8% | -478.9% | |
| May 15 | 42 | 0.00 | 62.52 | -32.8% | -225.9% | |
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KRMA offers a distinct approach to sustainable investing by prioritizing stakeholder alignment over traditional exclusionary ESG screens. By focusing on companies that demonstrate operational excellence and value creation across five key stakeholder groups, the fund identifies high-quality firms with strong management teams. The portfolio is diversified across major U.S. large-cap sectors, including Technology and Financials.
Important Note: While KRMA is an interesting thematic holding for long-term equity exposure, it is not a viable candidate for options-based strategies. Due to its very low average daily trading volume and limited liquidity, attempting to trade options on this ticker is likely to result in prohibitive transaction costs and execution difficulty.
Competitive Landscape
KRMA competes in the broader ESG and "conscious capitalism" thematic space. For investors who require liquidity and options-based strategy capabilities, the following benchmarks are the standard alternatives:
- iShares ESG Aware MSCI USA ETF (ESGU): A highly liquid, optionable core ESG ETF that serves as the industry standard for broad U.S.-focused ESG exposure.
- SPDR S&P 500 ETF Trust (SPY): The primary liquidity benchmark for the U.S. large-cap market. Investors often hold SPY alongside thematic ETFs to maintain the options depth required for portfolio hedging.
- iShares Core S&P 500 ETF (IVV): A low-cost, highly liquid, and optionable core holding frequently used to implement derivative-based strategies in large-cap U.S. portfolios.
- Vanguard Total Stock Market ETF (VTI): Provides deep, liquid, and optionable exposure to the entire U.S. equity market, serving as an ideal vehicle for broad-market income strategies.
Strategic Outlook
KRMA’s strategic outlook is tied to the evolution of corporate governance and the shift toward stakeholder-centric management. By quantifying qualitative metrics like employee productivity and customer loyalty, the fund provides a systematic way to access a "quality-tilt" portfolio. It is best utilized as a long-term, "buy-and-hold" satellite position rather than a tactical trading instrument.
| Top 10 Open Interest For Apr 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV covered calls | 6. | SPY covered calls | 1. | REPL covered calls | |
| 2. | EEM covered calls | 7. | QQQ covered calls | 2. | AAOI covered calls | |
| 3. | NVDA covered calls | 8. | HYG covered calls | 3. | RCAT covered calls | |
| 4. | KWEB covered calls | 9. | EWZ covered calls | 4. | CMPX covered calls | |
| 5. | GLD covered calls | 10. | XLE covered calls | 5. | IREN covered calls | |
Want more examples? KRG Covered Calls | KRMD 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.
