Roundhill Bitcoin Covered Call Strategy ETF Price & Performance (YBTC)

The Roundhill Innovation-100 ETF employs a unique strategy by selling zero-day-to-expiry (0DTE) call options. This derivative-based approach seeks to capitalize on the 'overnight effect,' aiming to generate excess returns. While innovative, the fund's performance remains under scrutiny due to market volatility and the inherent risks of such strategies.12

Several ETFs, including SPY, QQQ, and IWM, stand out for their liquidity and premium generation potential. These funds, favored for their daily options expirations, are popular among covered call strategists. However, their high share price requirements pose a significant entry barrier for smaller investors seeking to capitalize on this high-yield strategy.34

Specialized ETFs like SNOY, FCUS, and NERD have outpaced the S&P 500's year-to-date returns. These funds use unique strategies, from toggling between equities and Treasuries to targeting niche industries like gaming. Despite their success, their niche focus and higher expense ratios may limit broader investor appeal.56