Virtus Reaves Utilities ETF (UTES) Covered Calls

You can sell covered calls on Virtus Reaves Utilities 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 UTES (prices last updated Tue 10:40 AM ET):

Virtus Reaves Utilities ETF (UTES) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
85.89 -0.46 85.81 85.95 33K - 0.0
Covered Calls For Virtus Reaves Utilities ETF (UTES)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Oct 17 85 0.85 85.10 -0.1% -9.1%
Nov 21 85 1.45 84.50 0.6% 5.6%
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Extended Business Description

The investment seeks to provide total return through a combination of capital appreciation and income. The fund invests not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies in the Utility Sector ("Utility Sector Companies"). The manager considers a company to be a "Utility Sector Company" if at least 50% of the company's assets or customers are committed to, or at least 50% of the company's revenues, gross income or profits derive from, the provision of products, services or equipment for the generation or distribution of electricity, gas or water. The fund is non-diversified.