Please note that Global X sells ATM options (At The Money) on the entire portfolio with a maturity of 30 days. Price appreciation? Absolutely secondary. Please read the Global X paper linked below for yourself. For me, this is at most a candidate for the watch list for the time being.
https://globalxetfs.eu/content/files/Global-X-EURO-STOXX-50-Covered-Call-UCITS-ETF-SYLD-LN.pdf
https://globalxetfs.eu/content/files/Global-X-EURO-STOXX-50-Covered-Call-UCITS-ETF-SYLD-LN.pdf
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@Yield-Ahead absolutely justified the hint
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