- (1:30) – What Should Investors Expect Heading Into The Fourth Quarter?
- (6:50) – What Are Zero Day Options And How Are They Used?
- (11:00) – What Are The Concerns With The Surge In Zero Day Stock Options Trading?
- (14:30) – Defiance Nasdaq 100 Enhanced Options Income ETF and S&P 500 Enhanced Option Income ETF: QQQY & JEPY
- (18:40) – Defiance Pure Electric Vehicle ETF: EVXX
- (26:00) – Episode Roundup: Podcast@Zacks.com
In this episode of ETF Spotlight, I speak with Sylvia Jablonski, CEO and CIO at Defiance ETFs, about the broader market and some interesting new ETFs.
Stocks recently experienced their worst month and first negative quarter of 2023, as the possibility of interest rates remaining higher for a longer duration weighed on investor sentiment. Where should investors allocate their cash in the fourth quarter, historically the strongest period?
Sylvia believes that the market may remain volatile in the short term but sees significant opportunities for long-term investing. She still favors big tech and semiconductor stocks, including Apple AAPL, Microsoft MSFT and Nvidia NVDA, which have become more attractively valued after the recent dip.
Zero-day options (0DTE) trading volumes have recently surged, accounting for approximately half of all S&P 500 index option trading, according to FT. Defiance has recently introduced two actively managed funds that employ these options as a yield generation strategy.
The Defiance Nasdaq 100 Enhanced Options Income ETF QQQY aims to generate outsized yields for investors while providing exposure to the Nasdaq-100 QQQ by selling options on a daily basis.
Its sister fund, the Defiance S&P 500 Enhanced Options Income ETF JEPY, utilizes a similar strategy but offers equity exposure to the S&P 500 index SPY.
Both ETFs also hold Treasury bonds that serve as collateral against the options, and come with an expense ratio of 0.99% each.
The Defiance Pure Electric Vehicle ETF EVXX offers equally weighted exposure to the five largest electric vehicle manufacturers, with Tesla TSLA as the top holding in the fund.
Tune in to the podcast to learn more.
Make sure to be on the lookout for the next edition of the ETF Spotlight and remember to subscribe! If you have any comments or questions, please email podcast@zacks.com.
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Apple Inc. (AAPL) : Free Stock Analysis Report
Microsoft Corporation (MSFT) : Free Stock Analysis Report
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Invesco QQQ (QQQ): ETF Research Reports
SPDR S&P 500 ETF (SPY): ETF Research Reports
Defiance Pure Electric Vehicle ETF (EVXX): ETF Research Reports
Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY): ETF Research Reports
Defiance S&P 500 Enhanced Options Income ETF (JEPY): ETF Research Reports
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image and article originally from www.nasdaq.com. Read the original article here.