OVL: Put Spread ETF Reaching Its Objective, Yet Unconvincing

Group 1 - Overlay Shares Large Cap Equity ETF (BATS: OVL) is an active option strategy ETF launched on September 30, 2019, with an objective of total return [1] - OVL has a distribution yield of 3.09% and an expense ratio of 0.79%, with distributions paid quarterly [1] Group 2 - Fred Piard, PhD, runs the investing group Quantitative Risk & Value, focusing on quality dividend stocks and tech innovation companies [2] - Fred provides market risk indicators, real estate strategy, bond strategy, and income strategy in closed-end funds [2] - He has over 30 years of experience in technology and has been investing in data-driven systematic strategies since 2010 [2]