WisdomTree CBOE S&P 500 PutWrite Strategy Fund

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund seeks to track the performance, before fees and expenses, of the CBOE S&P 500 PutWrite Index (PUT), a collateralized put write strategy on the S&P 500 Index. The strategy is designed to receive a premium from the option buyer by selling a sequence of one-month, at-the-money, S&P 500 Index puts (SPX puts).

https://www.wisdomtree.com/etfs/alternative/putw

 

A put writing ETF, what could go wrong?
haha. Truth is stranger than fiction.

 

Depends on the leverage, right?

 

I bet they are up nicely YTD...

 

The guy that founded WisdomTree...Jonathan Steinberg... used to (way back in the early 90's) mail out a bi-monthly letter of his stock picks. It was expensive. Its the only paid subscription service I have ever had. He made me a lot of money. Smart guy.
He's married to Maria Bartiloma now btw.

 

Ask VN how this strategy worked for him

 

http://stockcharts.com/h-sc/ui?s=PUTW&p=W&b=5&g=0&id=p90049847177

symbol is putw
Exponential!

 

So YTD from 27.5 to 29. wow that is yuge...

 

I wonder what the performance would have been in August 2015.
My guess is -100%