The Price of Premium: An Anatomy of Covered Call ETF Strategies โ The Illusion of Yield and Structural Trade-offs
Covered call ETFs represent a strategy to "monetize volatility." They generate income by holding stocks and selling call options, collecting premiums which are then distributed to investors as monthly dividends. In 2025 alone, these ETFs saw record inflows of $40.6B, and in the Korean market, their market capitalization surpassed KRW 10 trillion in just one year.
2026-03-02T15:56:50