VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL) Covered Calls

Running CDL covered calls helps you generate income from VictoryShares US Large Cap High Div Volatility Wtd ETF shares you already own, turning a long stock position into a yield producing asset. A covered call means holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike. Use our scanner to find the best CDL covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call pairs limited risk with a clear income profile. If CDL stays below the strike at expiration, you keep the premium and the shares. If it rises above, you deliver the stock at the strike and still pocket the premium. Selling CDL covered calls works best when implied volatility is elevated, since richer premiums improve the risk reward. Key inputs include strike selection relative to delta, days to expiration, annualized return, and probability of assignment, all of which determine whether a given CDL covered call is worth writing.

VictoryShares US Large Cap High Div Volatility Wtd ETF provides investors with exposure to dividend-yielding, Large Cap US stocks without subjecting investors to the inherent limitations of traditional market-cap or yield weighting. It seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap High Dividend 100 Volatility Weighted Index before fees and expenses. Volatility Weighting Methodology Combines fundamental criteria with volatility weighting in an effort to outperform traditional cap-weighted indexing strategies.