NEOS S&P 500 High Income ETF TodaySPYINEOS S&P 500 High Income ETF$51.96 +1.31 (+2.58%) 52-Week Range$41.60▼$52.78Dividend Yield11.84%Assets Under Management$5.43 billionAdd to WatchlistOn Sept. 17, the Federal Reserve finally gave Wall Street what it had been asking for. The central bank cut its effective federal funds rate (EFFR) for the first time since 2024. Unsurprisingly, the market reacted favorably and is up 1.42% since that announcement.  However, debt securities are becoming increasingly unappeal ...

With back in bullish mode it’s a good time to run Barchart’s Bull Call Spread Screener. A bull call spread is an options strategy that a trader uses when they believe the price of an underlying stock will move higher in the short term. More News from Barchart To execute the strategy, a trader would buy a call option and sell a further out-of-the-money call option with the following conditions: Both call options must use the same underlying stock Both call options must have the same expiration Both ...

Collars are one of the cheapest ways to protect your assets. However, the strategy comes with limited upside. In the event of an assignment - which will happen if the short call is in the money at expiration - you'll be obligated to sell 100 shares of the underlying asset at the strike price, effectively capping your profit. Of course, nothing will prohibit you from buying back the underlying asset.The objective of a collar is to establish downside protection for an owned asset by virtue of the long put, wh ...

A short straddle is an advanced options strategy used when a trader is seeking to profit from an underlying stock trading in a narrow range. To execute the strategy, a trader would sell a call and a put with the following conditions: More News from Barchart Both options must use the same underlying stock Both options must have the same expiration Both options must have the same strike price Since it involves having to sell both a call and a put, the trader gets to collect two premiums up-front, ...

基金结构与策略 - SPYI和GPIX是覆盖看涨期权ETF 通过购买标普500成分股并卖出看涨期权获取溢价收入[4] - 相比传统ETF约1%的收益率 这类基金因期权覆盖策略可实现8%-12%收益率[5] - 采用动态管理机制应对市场波动 SPYI通过高频调仓和买入看涨期权增强上行参与 GPIX采用动态覆盖策略调整期权出售比例[13][16][17] 运营优势 - ETF结构赋予大规模议价能力 可获取低佣金定制化期权合约（Flex Options）[8][9] - 通过期权清算公司(OCC)交易消除对手方风险 避免被行权强制平仓[10] - 专业管理团队降低个人操作风险 管理费成本低于零售交易佣金[11] 市场表现特性 - 下行市场中有缓冲机制 现金分红构成收益组成部分 降低整体回撤幅度[21] - 横向震荡市场中理论表现优异 通过波动率获利能力超越基准指数[23] - 牛市环境中仍会落后于基准 但滞后幅度小于传统覆盖看涨期权产品[24][25] 税务优势 - 期权收益被IRS认定为资本返还 投资者获得分红时无需立即缴纳所得税[26][27] - 分红金额降低持仓成本基础 延迟资本利得税缴纳时间至最终卖出[28] - 长期持有至成本基础归零后 后续收益按长期资本利得税率计算 通常低于普通所得税率[29][30]

投资环境与历史表现 - 历史表现不能作为未来结果的保证 投资真正考验在于不利市场条件下的表现 [1][2] - 经济与投资环境可能随时间发生长期变化 影响基金及个别公司的表现 [1] 分析师与平台披露 - 分析师未持有任何提及公司的股票、期权或衍生品头寸 且72小时内无相关头寸计划 [1] - 分析师与提及公司无业务关系 文章内容仅代表个人观点且未获得除Seeking Alpha外的补偿 [1] - Seeking Alpha并非持牌证券交易商、经纪商或美国投资顾问 其分析师包含未受机构认证的专业及个人投资者 [2]

投资策略 - 专注于成长型和动量型股票 这些股票价格合理且长期可能跑赢市场 [1] - 长期投资优质股票 并使用期权策略 [1] - 在2009年3月金融危机底部建议投资者买入 标普500指数从2009年至2019年上涨367% 纳斯达克指数同期上涨685% [1] 市场表现 - 标普500指数在2009年至2019年间累计上涨367% [1] - 纳斯达克指数同期涨幅达685% [1] 投资目标 - 通过投资高质量成长股帮助投资者获利 [1]