Although the CME FedWatch tool puts the probability of an interest rate cut at nearly 100% in September, there is still much uncertainty around ongoing geopolitical conflicts and the upcoming election in November. With so much that could happen in the second half of the year, investors are looking for strategies to solidify their positions.
ProShares global investment strategist Simeon Hyman joins Catalysts to break down some of the best strategies investors should consider heading into the second half of 2024.
“Historically traditional covered call strategies have returned one third of the equity market. It’s not enough. If you’re a little worried about the equity markets. You’re 60 over 40. Go 50 over 50. Have a little bit more bonds. Instead, if you’re looking for equity and you’re looking for equity income, we put out an innovation called I-Spy. The ticker is ISPY (ISPY) By using that new innovation, everybody’s been talking about daily options. You can deploy them as a daily covered call strategy.” says Hyman.
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