TrueShares Structured Outcome (January) ETF (JANZ)
TrueShares Structured Outcome (January) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $42.00, up 0.24% on the session, giving a market capitalisation of $26.7M. Its beta of 0.73 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) primarily seeks to achieve its investment objectives by allocating most of its capital to options contracts referencing the S&P 500 Price Index. The strategy involves both purchasing call options and selling put options on either the S&P 500 Index or an ETF tracking it. These options are initiated on specific "Initial Investment Days" and are structured to mature by the subsequent "Roll Date." It is important to note that the fund is classified as non-diversified.
TrueShares Structured Outcome (January) ETF is most often compared with the following Financial Services names: