Principal U.S. Mega-Cap ETF (USMC) Covered Calls

You can sell covered calls on Principal U.S. Mega-Cap ETF 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 USMC (prices last updated Fri 4:16 PM ET):

Principal U.S. Mega-Cap ETF (USMC) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
58.39 -0.38 55.05 61.53 53K - 0.0
Covered Calls For Principal U.S. Mega-Cap ETF (USMC)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Dec 20 58 0.05 61.48 -5.7% -57.8%
Jan 17 58 0.25 61.28 -5.4% -30.8%
Subscribers get access to the full covered call chain, and more features.

Want to make money with covered calls?  Sign Up For A Free Trial


Extended Business Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Mega Cap Select Leaders Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities of companies with the largest market capitalizations in the Nasdaq US 500 Large Cap Index (the "parent index"), with higher weights given to securities that are less volatile