Stock price when the opinion was issued
Main thing is it's not leveraged. Holds all the big, household names. Dividends are small on US stocks, so most of the premium you're getting is from the covered calls which are capital gains. Hasn't come back from April because it doesn't have all the super-charged tech stocks. Yield is around 6-6.5%.
This is taking S&P stocks that are paying a higher dividend, and writing Calls on it. They also have one based on the 30 Dow stocks, BMO Dow Jones Industrial (ZWA-T). What he really likes about these things is that they are not writing Calls on an index, they’re writing them on all 30 stocks (or all 6 banks), so you are getting a better rate of return.