Trade of the Week: HYG

Trade of the Week

One of the most active ETFs in terms of options trading is the iShares iBoxx $ High Yield Corporate Bond ETF (HYG). The most popular high yield bond ETF, HYG trades over 400,000 options contracts per day on average. A trader recently placed 7,000 of what appear to be HYG covered calls. The position could be part of a larger income strategy to collect multiple dividends plus additional premiums from selling calls.

A new way to add $5,900/month to your retirement

If you’re not doing this in your portfolio right now…

You could be missing out on $5,900 per month in retirement.

I’m not referring to some new dividend strategy…

And this does NOT involve forex or anything complicated or risky like that.

But this “Recession-proof” strategy can generate up to $5,900 per month… in up markets… down markets… and anything in between.

Click here to learn how to collect up to $5,900/month.