ProShares Ultra MSCI Japan 2x Shares (EZJ) Covered Calls

Running EZJ covered calls helps you generate income from ProShares Ultra MSCI Japan 2x Shares 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 EZJ 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 EZJ 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 EZJ 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 EZJ covered call is worth writing.

ProShares Ultra MSCI Japan seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Japan Index.