IWMY Can Provide Investors An Appealing Income Strategy

  • IWMY offers high weekly income by writing daily put options on the Russell 2000 Index, yielding 75.56% over the past year. The ETF does not hold index constituents directly, instead generating income from option premiums and short-to-medium-term treasuries for added stability. Risks include value decay, liquidity concerns, reverse stock splits, and significant returns of capital distributions, with tax implications.