Neos S&P 500(R) High Income ETF Harnesses the Power of Options

Neos S&P 500(R) High Income ETF BATS: SPYI is an interesting play on the S&P 500 benchmarked to the CBOE’s S&P 500 Buy-Write index. The Buy-Write index tracks potential returns from an S&P 500-oriented covered call strategy, which is the SPYI’s primary focus. It is an actively managed fund utilizing proprietary techniques to pinpoint and profit from options activity, including long and short positions. Because the strategy is buy-focused, the fund is also positioned to increase in value in rising markets, a ...