First Trust Dow 30 Equal Weight ETF (EDOW) Covered Calls

You can sell covered calls on First Trust Dow 30 Equal Weight 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 EDOW (prices last updated Wed 4:16 PM ET):

First Trust Dow 30 Equal Weight ETF (EDOW) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
36.14 -0.84 32.01 45.39 13K - 0.2
Covered Calls For First Trust Dow 30 Equal Weight ETF (EDOW)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Dec 20 36 0.00 45.39 -20.7% -2518.5%
Jan 17 36 0.40 44.99 -20.0% -235.5%
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Extended Business Description

The investment seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Industrial Average Equal Weight Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is the equal weight version of the Dow Jones Industrial Average (the 'DJIA'). The DJIA is composed of 30 securities issued by blue-chip U.S. companies covering all industries, with the exception of transportation and utilities. The fund is non-diversified.