VanEck Agribusiness ETF (MOO) Covered Calls
The VanEck Agribusiness ETF (MOO) is a passively managed fund that tracks the MVIS Global Agribusiness Index. It provides exposure to the global agribusiness industry, including companies involved in agri-chemicals, animal health and fertilizers, seeds and traits, from both developed and emerging markets.
You can sell covered calls on VanEck Agribusiness 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 MOO (prices last updated Wed 4:16 PM ET):
| VanEck Agribusiness ETF (MOO) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 82.94 | +0.73 | 81.00 | 83.56 | 297K | - | 0.7 |
| Covered Calls For VanEck Agribusiness ETF (MOO) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Apr 17 | 83 | 0.55 | 83.01 | 0.0% | 0.0% | |
| May 15 | 83 | 1.70 | 81.86 | 1.4% | 9.8% | |
| Subscribers get access to the full covered call chain, and more features. | ||||||
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The VanEck Agribusiness ETF (MOO) is a thematic play on global food security and the modernization of the agricultural supply chain. By investing in companies that produce seeds, fertilizers, and agricultural equipment, the fund benefits from long-term trends like population growth, dietary shifts in developing nations, and the ongoing need for higher crop yields. Its portfolio typically includes a mix of major global players like Deere & Company, Nutrien, and Zoetis.
Important Note on Options: MOO is functionally non-optionable. While exchange-listed options may technically appear in data feeds, the market is a "zombie" with near-zero volume and open interest. Any attempt to use this ticker for covered calls, protective puts, or other derivative strategies will result in immediate and significant loss of capital due to prohibitive bid-ask spreads. This fund should be utilized strictly for long-term equity allocation.
Competitive Landscape
Investors seeking liquid, optionable alternatives to express a view on agricultural commodities or the industrial food supply chain should look to broader industrial or commodity-linked benchmarks that offer the liquidity required for strategy execution:
- Industrial Select Sector SPDR Fund (XLI): Since many of MOO’s largest holdings are industrial firms (machinery, equipment), XLI provides a highly liquid, optionable proxy for the sector.
- Invesco DB Agriculture Fund (DBA): While this tracks agricultural commodities futures rather than agribusiness equities, it is the primary optionable tool for traders looking to hedge against food-price inflation.
- SPDR S&P 500 ETF Trust (SPY): In many cases, traders use core market liquidity to manage overall systematic risk when sector-specific options lack the depth for professional strategy execution.
Strategic Outlook
MOO’s outlook is driven by global weather patterns, agricultural commodity prices (like corn and soy), and international trade policies. Because it represents a vital sector of the global economy, it often acts as a defensive play during market volatility, though it is prone to cyclicality based on input costs like fertilizer and fuel. It is best held as a long-term strategic allocation.
| 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. | LUNR covered calls | |
| 5. | GLD covered calls | 10. | XLE covered calls | 5. | ASTS covered calls | |
Want more examples? MOMO Covered Calls | MORN 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.
