Larry Berman CFA, CMT, CTAJPMorgan Nasdaq Equity Premium Income ETFJEPQWEAK BUYNov 24, 2025

Extreme focus in the tech world. He'd be concerned to have this type of concentration risk in a retirement fund, you want to be more diversified. Look at the HPYT, which has a lot less beta. It would be fine as a piece, but not 50%, of a portfolio. Yield is 10-12%.

It's a defensive way to play the QQQs. Pays a 10% premium yield.

Covered call product. Income from selling calls is considered a capital gain. Reduce volatility, but won't get as much capital growth. Good for slightly defensive investors who like income. 

This is the best way to play AI and it's defensive.

A defensive way to own the world's best companies. They sell covered calls on the QQQs with an 11% call premium.