Innovator Launches ETF With New Income Strategy
Innovator Capital Management announced today the launch of the Innovator Equity Premium Income – Daily PutWrite ETF (SPUT) on the NYSE Arca. The fund has an expense ratio of 0.79% Most option-income ETFs today use covered call strategies. SPUT, however, sells puts instead of calls. However, selling puts usually brings in higher premiums and does [...] The post Innovator Launches ETF With New Income Strategy appeared first on ETF Trends.
Innovator Capital Management announced today the launch of the Innovator Equity Premium Income – Daily PutWrite ETF (SPUT) on the NYSE Arca. The fund has an expense ratio of 0.79% Most option-income ETFs today use covered call strategies. SPUT, however, sells puts instead of calls. However, selling puts usually brings in higher premiums and does [...]
The post Innovator Launches ETF With New Income Strategy appeared first on ETF Trends.
