WisdomTree Dynamic International SmallCap Equity Fund (DDLS) Covered Calls

Running DDLS covered calls helps you generate income from WisdomTree Dynamic International SmallCap Equity Fund 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 DDLS 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 DDLS 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 DDLS 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 DDLS covered call is worth writing.

The fund will invest at least 80% of its total assets in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a dividend weighted index designed to provide exposure to small-capitalization equity securities in the industrialized world, excluding Canada and U.S., while at the same time dynamically hedging currency exposure to fluctuations between the value of foreign currencies and the USD. It is non-diversified.