Roundhill China Magnificent Seven ETF (MAGC) Covered Calls

Running MAGC covered calls helps you generate income from Roundhill China Magnificent Seven 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 MAGC 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 MAGC 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 MAGC 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 MAGC covered call is worth writing.

The Roundhill China Magnificent Seven ETF (“MAGC”) seeks to offer equal weight exposure to the largest and most innovative Chinese companies (the “China Magnificent Seven”). MAGC currently includes Tencent, PDD Holdings, Alibaba, Meituan, BYD, Xiaomi, and NetEase. MAGC is the first-ever ETF to provide precise exposure to China’s tech leaders.