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DAILYALTS: Option Writing Funds: The Best And Worst Of April
FYI: April 2016 marked the first month Morningstar began covering option writing funds as their own category. These funds generate income primarily by selling calls and/or puts, which are option contracts alternatively giving buyers the right to buy or sell a particular underlying security. For the month, the category returned an average of +0.25% vs 0.39% for the S&P 500 Index with 9 of the 34 individual funds outpacing Regards, Ted http://dailyalts.com/option-writing-funds-aprils-best-worst/
