FYI: Income-hungry investors who seek alternatives to low-yielding Treasuries, risky junk bonds or dividend-paying stocks may want to consider covered-call options strategies.
These plays give investors potential income without reaching for yield, and a modest amount of downside protection during market corrections. Usually these strategies are done in the options market against individual stocks. However, a few exchange-traded funds are trying to make these strategies easier to enact, and offer more diversification.
Regards,
Ted
http://www.etf.com/publications/etfr/exploring-covered-call-strategies?nopaging=1
