Three Options Strategy ETFs Offering Protection in Choppy Markets
Friday, July 16th, 2010Tom Lydon submits:
In crazy markets like these, you’re probably looking for ETFs that protect you on some level, whether it’s by giving you income, protecting your principal or hedging you on the downside. In addition to the obvious safe-haven picks, something else awaits.
PowerShares S&P 500 BuyWrite Portfolio (PBP) is an ETF that uses stock options to minimize your risk. A buy-write strategy is a strategy of writing call options on an underlying position to generate income from the option premiums, writes Investopedia.
