I am upgrading ISPY to a buy, as it has proven resilient and effective in generating high, tax-efficient income with capital preservation. ISPY writes calls on the S&P 500 index, not individual ...
ProShares S&P 500 High Income ETF is rated a buy, best used as a defensive hedge in flat or choppy markets. ISPY offers an 8.3% starting yield via an OTM option-writing strategy, but total return ...