Long-dated index calls provide the exposure. The income leg is written and expires the same session, so it never appears in an end-of-day holdings file.
XDTE writes contracts that open and expire inside a single session. An end-of-day holdings file — which is all any fund publishes — structurally cannot contain one. Across every snapshot we hold, this fund has shown zero written options. That's the strategy working as designed, not a gap in our data. The long exposure below is real; the income leg is invisible to everyone, including us.
Notional written: calls 0.0% of NAV · puts 0.0% of NAV
| Name | % NAV | Spot | Strike | DTE | Room |
|---|---|---|---|---|---|
| SPX | no shares | — | — | — | — |
Room is (strike − spot) / spot — how far the stock can still run before the written call caps it. That's the holder's number. It is not the same as moneyness, which the fund quotes against the strike.
Cov is the share of the position covered by written calls, capped at 100%.