WisdomTree True Developed International Fund (DOL) Covered Calls
The WisdomTree True Developed International Fund (DOL) is a fundamentally weighted, dividend-focused ETF that tracks the WisdomTree True Developed International Index. It provides exposure to dividend-paying, large-cap companies in developed markets outside of the United States and Canada.
You can sell covered calls on WisdomTree True Developed International Fund 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 DOL (prices last updated Mon 1:50 PM ET):
| WisdomTree True Developed International Fund (DOL) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 66.20 | +0.43 | 66.11 | 66.26 | 18K | - | 0.6 |
| Covered Calls For WisdomTree True Developed International Fund (DOL) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Apr 17 | 66 | 0.75 | 65.51 | 0.7% | 13.4% | |
| May 15 | 66 | 1.45 | 64.81 | 1.8% | 14.0% | |
| Subscribers get access to the full covered call chain, and more features. | ||||||
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The WisdomTree True Developed International Fund (DOL) employs a "smart beta" strategy that weights constituents based on the total cash dividends they pay. By focusing on dividend-paying large-cap firms in the EAFE region, the fund aims to provide a more disciplined, value-oriented alternative to traditional market-cap-weighted international indices, which are often dominated by non-dividend-paying growth stocks.
Important Note on Options: DOL is functionally non-optionable. While some data providers may display a technical options chain, there is zero meaningful liquidity, volume, or open interest. Any attempt to use this ticker for covered calls, protective puts, or other derivative strategies will lead to prohibitive bid-ask spreads and guaranteed execution failure. This fund should be utilized strictly for long-term equity allocation.
Competitive Landscape
Investors seeking liquid, optionable vehicles to express a view on international equities or to hedge regional exposure should consider the industry-standard benchmarks below, which provide the liquidity necessary for strategy execution:
- iShares MSCI EAFE ETF (EFA): The core, highly liquid, and optionable benchmark for developed international markets; it is the industry standard for institutional and retail hedging of international exposure.
- iShares International Select Dividend ETF (IDV): A liquid, optionable alternative for international dividend-focused strategies, providing a more tradable platform than DOL.
- Vanguard High Dividend Yield ETF (VYM): While U.S.-focused, it remains the primary liquidity hub for dividend-income strategies, often used in conjunction with international ETFs to manage global portfolio risk.
Strategic Outlook
DOL’s outlook is driven by the interest rate environment in developed economies, corporate dividend policies, and the relative valuation of international value stocks compared to their growth counterparts. It is designed as a long-term compounder for investors who want a systematic, dividend-weighted approach to international markets rather than a tool for short-term tactical derivative management.
| Top 10 Open Interest For Apr 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV covered calls | 6. | QQQ covered calls | 1. | REPL covered calls | |
| 2. | EEM covered calls | 7. | GLD covered calls | 2. | CMPX covered calls | |
| 3. | NVDA covered calls | 8. | TLT covered calls | 3. | ONDS covered calls | |
| 4. | KWEB covered calls | 9. | HYG covered calls | 4. | EOSE covered calls | |
| 5. | SPY covered calls | 10. | EWZ covered calls | 5. | BE covered calls | |
Want more examples? DOG Covered Calls | DOLE Covered Calls
Risk Disclosure: Trading options involves significant risk and is not suitable for all investors. The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, tax, or legal advice. Nothing contained on this site is an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities or financial instruments.
Covered Call Strategy Risks: While covered call writing is often considered a conservative options strategy, it is not without risk. By selling a covered call, you are limiting your potential upside profit from the underlying stock. You remain exposed to the full downside risk of owning the underlying stock. In the event of a significant decline in the stock price, the premium received may not be sufficient to offset your losses.
No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.
You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.
