VELOCITY SHARES LONG LIBOR ETN (ULBR) Covered Calls

You can sell covered calls on VELOCITY SHARES LONG LIBOR ETN 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 ULBR (prices last updated Wed 12:50 PM ET):

VELOCITY SHARES LONG LIBOR ETN (ULBR) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
37.62 -0.71 37.40 37.64 0K - 0.0B
Covered Calls For VELOCITY SHARES LONG LIBOR ETN (ULBR)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Aug 17 38 0.00 37.64 0.0% 0.0%
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


Extended Business Description

The investment seeks to be linked to the Janus Velocity Long LIBOR Index (the “Long LIBOR Index”). The Long LIBOR Index aims to approximate the daily performance of a hypothetical long investment in the composite forward LIBOR rate, as if the composite forward LIBOR rate itself were an asset that could be invested in. It does so by tracking the return on a hypothetical short position in Eurodollar futures contracts, where that position is recalibrated daily to result in a return over the next Index Business Day that approximates the percentage change in the composite forward LIBOR rate over that next day, subject to the long LIBOR floor