Terry ShaunessyCI TECH GIANTS COVERED CALL ETFTXF.TOCOMMENTJul 05, 2017

(Note the shortish timeframe.)  Still provides ~10% income yield, so he's happy to hold and see how markets shake out. Some of the mega-cap names haven't performed well over the past 6 months, so this is at a good entry point. If those names lead the next leg higher, then you get not only your income but also some capital gains as well.

Enhanced income via covered calls. Similar basket of stocks to HTA, though MER is slightly lower for TXF.

If you hold this, you're taking a significant bet on technology and the AI rollout. May behoove you to think about other areas of the market, such as energy. Try ENCC.

Holds large-cap tech, and has done very well in recent years. Is still recovering from April's lows. Given its covered call, this will pay a variable yield. You need to hold tech.

Depends on your risk tolerance. These are volatile stocks. If he's going to take on the risk of owning some very highly priced stocks, he wants the full value of the upside and not capped by covered calls. The premiums are very rich, but that's not what he wants for his clients.

In general, he likes tech ETFs because they've driven 30% of the gains in the market. And AI will be into everything -- even his dog's vet has adopted it.

It holds the Mag 7 with a covered call. It uses more leverage than other covered call ETF, so there's a little more fluctuation. It pays around 10-11% in distributions, and he sees more upside.