Larry Berman CFA, CMT, CTA US Equity High Volatility Put Write Fund ETF HVPW-N BUY Nov 10, 2014

High volatility put writes 15 to 20% out of the money. 9% yield yearly. It reduces volatility and so is in his sleep and night portfolio. It underperforms in an up market. He is down to a 2% from 5% position as markets have recovered. It is not a growth thing. It is a yield thing.