XDTE: This Fund Will Never Recover Its NAV (BATS:XDTE) - Seeking Alpha
2025-03-09 • Google News
The fund seeks to achieve its investment objectives through the use of a covered call strategy that combines a long position in the S&P 500 Index ("SPX") with a short position in SPX call options. The fund"s short position consists of SPX call options having zero days to expiration, known as "0DTE" options, when sold by the fund. The fund is non-diversified.