QCLRGlobal X NASDAQ 100 Collar 95-110 ETF
QCLR Fund Description
QCLR tracks an index that invests in the Nasdaq 100 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-mone
QCLR Factset Analytics Insight
QCLR is a passively managed ETF that holds US large-cap stocks from the Nasdaq 100 Index while using an options collar strategy to manage risks. Quarterly, the fund takes long positions in put options 5% below the market price and takes short positions in call options with a strike price at 10% above the market price of the Nasdaq 100 Index. If strike prices for the options are unavailable, the fund will instead select the put option with the strike price closest to but more than 5% below the market price, and call options with the price closest to but more than 10% above the market price of Nasdaq 100. Each option position will be held until its expiration after three months. The term "95-110" refers to the value in percentage of the Nasdaq 100 Index when the put options (95%) and call options (110%) were purchased.
QCLR Summary Data
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QCLR Portfolio Management
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QCLR Fund Structure
QCLR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QCLR. QCLR is rated a 4 out of 5.
QCLR Sector/Industry Breakdown
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QCLR Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.