FXP Dividend Type Payments

Although FXP has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on ProShares Ultrashort FTSE China 50 to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 12:10 PM ET):

ProShares Ultrashort FTSE China 50 (FXP)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
19.77	19.82	19.85	+0.37	19K	-	0.0B

FXP Dividend-Like Income Using Covered Calls

With FXP at 19.85, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:

Annual Yield	Annual Premium	Cents/Day
3%	0.60	0.2
5%	0.99	0.3
10%	1.99	0.5

So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:

3% Yield On FXP Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	20.00	1.20	37	3.2	0.18 (0.9%)
Jun 20	20.00	2.45	219	1.1	0.18 (0.9%)

5% Yield On FXP Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	20.00	1.20	37	3.2	0.18 (0.9%)
Jun 20	20.00	2.45	219	1.1	0.18 (0.9%)

10% Yield On FXP Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	20.00	1.20	37	3.2	0.18 (0.9%)
Jun 20	20.00	2.45	219	1.1	0.18 (0.9%)

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Top 10 Open Interest For Nov 15 Expiration				Top 5 High Yield
1.	FXI dividend	6.	IWM dividend	1.	OSCR dividend
2.	NVDA dividend	7.	TLT dividend	2.	TEM dividend
3.	TSLA dividend	8.	EEM dividend	3.	AMAT dividend
4.	SPY dividend	9.	EWZ dividend	4.	WULF dividend
5.	SLV dividend	10.	SMCI dividend	5.	NMRA dividend

Want more examples? FXO Dividend | FXR Dividend