Fidelity Momentum Factor ETF (FDMO) Covered Calls

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. The fund normally invests at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals. It may lend securities to earn income for the fund.

You can sell covered calls on Fidelity Momentum Factor 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 FDMO (prices last updated Wed 4:16 PM ET):

Fidelity Momentum Factor ETF (FDMO) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
69.99 -2.60 63.00 105.34 34K - 0.0
Covered Calls For Fidelity Momentum Factor ETF (FDMO)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Dec 20 70 0.00 105.34 -33.5% -4075.8%
Jan 17 70 0.65 104.69 -33.1% -389.7%
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