Running TMDV covered calls helps you generate consistent income from ProShares Russell US Dividend Growers ETF's shares you already own, turning a long stock position into a yield-producing asset. A covered call on ProShares Russell US Dividend Growers ETF involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best TMDV covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if TMDV 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 TMDV covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given ProShares Russell US Dividend Growers ETF covered call is worth writing.
The index, constructed and maintained by FTSE International Limited, targets companies that are currently members of the Russell 3000 Index, have increased dividend payments each year for at least 35 years, and meet certain liquidity requirements. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities.
Income-focused investors, long-term TMDV holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling TMDV covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best ProShares Russell US Dividend Growers ETF covered calls come to you, already filtered for the metrics that matter.
