Leverage Shares Expands IncomeShares Range with Six New ETPs Featuring London Stock Exchange Options Strategy
10 OCT, 2024
By Jose Luis Palmer from RankiaPro Europe
Leverage Shares, an issuer of Exchange Traded Products (ETPs) with over $1 billion in assets under management (AUM), has announced the expansion of its IncomeShares product line. The firm has launched six new ETPs on the London Stock Exchange, incorporating individual stock option strategies designed to offer investors a combination of monthly income generation and potential downside risk mitigation.
These IncomeShares products focus on selling covered calls on a weekly basis. By purchasing the underlying securities replicated by the ETPs and selling options at strike prices of 3-5% out of the money, the strategy aims to capture premiums that are then distributed as monthly income to investors. This structure allows for income maximization while also enabling partial participation in the performance of the underlying assets.
The expanded range of ETPs offers investors additional tools to generate higher income from their investments, while potentially reducing the risk associated with market volatility, all within a transparent and accessible exchange-traded framework.
In a world where investors are looking for new ways to enhance their returns, Leverage Shares is focused on making sophisticated strategies accessible to smaller investors. With our IncomeShares range, we make it easier for investors to take advantage of market volatility without having to resort to options investing themselves and offer them a product that does it for them.
Oktay Kavrak, Head of Strategy and Communications at Leverage Shares.
By adding these six ETPs to the range, the IncomeShares product line grows to eleven, covering individual stocks, indices and commodities:
- Individual stocks: NVIDIA (NVDI), Tesla (TSLI), Amazon (AMZI), Apple (AAPY), Alphabet (GOOI), META (METY), Microsoft (MSFY), Coinbase (COIY).
- Indices: Nasdaq 100 (QQQY), S&P 500 (SPYY).
- Commodities: Gold (GLDI).
