Positive
Seeking Alpha
1 month ago
GOLY: Collateralized Bonds, Gold Via Futures, Buy Write Via Options For A 9% By Year-End
Strategy Shares Gold Enhanced Yield ETF combines leveraged gold and bond exposure, resulting in high yield but significant volatility. GOLY currently yields over 9%, outperforming in expansive markets but suffering amplified losses in contractions due to its structure and leverage. The fund's unique structure,100% notional gold via TRS, 100% bond market value, and put writing, creates up to 300% exposure, increasing sensitivity to market shocks.