First Trust Long/Short Equity (FTLS) Covered Calls

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities.

You can sell covered calls on First Trust Long/Short Equity 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 FTLS (prices last updated Fri 4:16 PM ET):

First Trust Long/Short Equity (FTLS) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
65.10 -0.38 61.38 68.80 104K - 0.0
Covered Calls For First Trust Long/Short Equity (FTLS)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Dec 20 65 0.45 68.35 -4.9% -49.7%
Jan 17 65 0.00 68.80 -5.5% -31.4%
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