The strategy aims to deliver income through selling at-the-money options on German equities.
Stoxx and Global X ETFs Europe have introduced the Global X Dax Covered Call Ucits ETF (ticker: DYLD), which tracks an at-the-money (ATM) covered call strategy on the benchmark. The ETF follows the namesake index, calculated by Stoxx, and combines exposure to German equities with income generation through selling at-the-money options. Our Dax Covered Call ATM index can support the provision of an alternative income stream linked to German equities - Axel Lomholt, Stoxx An 'undertaking for co