A potentially fruitful stock options strategy known as writing covered calls can be performed on stocks you own to collect additional income during every options expiration period. It can be lucrative to compound the gains. Still, it comes at the cost of time and effort to manage and monitor the position and potential losses if your stock suddenly plunges on material events (IE, earnings reports). For many, writing covered calls on a regular basis is just too tedious of a task. For those who wish to pursue this income-producing strategy without having to manage it manually, here are 2 ETFs that implement the covered call strategy on the benchmark indices, enabling you to participate passively.
