ETF issuer Rex Shares has launched an actively managed fund, designed to generate weekly income by trading options on some of the most volatile US stocks.
Rex Shares has introduced the Rex IncomeMax Option Strategy ETF (ULTI). It is an actively managed fund that aims to monetise market volatility through a dynamic options strategy. The ETF launch marks the company’s latest addition to its lineup of income and volatility-focused strategies The fund seeks to provide investors with consistent income by selling options on a portfolio of 20 to 30 highly volatile U.S. equities, while adjusting its positions in response to shifting market condi