First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) Covered Calls

The investment seeks results that correspond to the price and yield of NASDAQ-100 Equity Weighted index(SM). The fund normally invests at least 90% of total assets in common stocks that comprise the index.

You can sell covered calls on First Trust NASDAQ-100 Equal Weighted 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 QQEW (prices last updated Fri 4:16 PM ET):

First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
121.23 +1.12 114.52 128.36 55K - 2.0
Covered Calls For First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Aug 16 121 1.05 127.31 -5.0% -83.0%
Sep 20 121 2.55 125.81 -3.8% -24.3%
Subscribers get access to the full covered call chain, and more features.

Want to make money with covered calls?  Sign Up For A Free Trial