First Trust NASDAQ ABA Community Bank Index Fund (QABA) Covered Calls

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX® ABA Community Bank IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is a market-capitalization-weighted index.

You can sell covered calls on First Trust NASDAQ ABA Community Bank Index Fund 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 QABA (prices last updated Thu 4:16 PM ET):

First Trust NASDAQ ABA Community Bank Index Fund (QABA) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
44.96 -0.51 40.48 49.08 5K - 0.1
Covered Calls For First Trust NASDAQ ABA Community Bank Index Fund (QABA)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
May 17 45 0.00 49.08 -8.3% -131.7%
Jun 21 45 0.15 48.93 -8.0% -50.3%
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