Seeking Alpha

Open for trading is Credit Suisse's Silver Shares Covered Call ETN (SLVO) with annual fee of...

Open for trading is Credit Suisse's Silver Shares Covered Call ETN (SLVO) with annual fee of 0.65%. The fund is long silver (through the SLV), but forgoes monthly gains in the metal greater than 6%, instead generating income by selling out-of-the-money calls in SLV.
Comments (2)
  • Anonymous 2
    , contributor
    Comments (354) | Send Message
     
    I'd like to see the "what if" analysis if one were to employ the same strategy using AGQ instead of SLV
    17 Apr 2013, 01:36 PM Reply Like
  • tjohz
    , contributor
    Comments (2) | Send Message
     
    What does "selling-out-of-the-mo... mean?
    18 Apr 2013, 01:50 AM Reply Like
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