TrueShares Structured Outcome (May) ETF (MAYZ)
TrueShares Structured Outcome (May) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $36.94, up 0.34% on the session, giving a market capitalisation of $15.9M. Its beta of 0.81 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) aims to fulfill its investment objectives primarily by allocating most of its capital to options contracts tied to the S&P 500 Price Index. Its core strategy involves simultaneously purchasing call options and selling (writing) put options, which are benchmarked against either the S&P 500 Price Index directly or an exchange-traded fund tracking it. These option trades are initiated on each designated 'Initial Investment Day' and are structured to expire on the subsequent 'Roll Date.' It's important to note that this fund is considered non-diversified.
TrueShares Structured Outcome (May) ETF is most often compared with the following Financial Services names: