TrueShares Structured Outcome (October) ETF (OCTZ)
TrueShares Structured Outcome (October) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $46.91, up 0.23% on the session, giving a market capitalisation of $43.2M. Its beta of 0.72 implies it has historically moved less than the broad market.
This exchange-traded fund (ETF) is actively managed and endeavors to meet its investment goals primarily by allocating its assets to options linked to an underlying index. Its core strategy involves both buying call options and simultaneously selling put options. These options are based on either the S&P 500 Price Index directly or an ETF that tracks the S&P 500, with these trades being initiated on each "Initial Investment Day" and set to expire on the subsequent "Roll Date." It should be noted that this fund does not maintain a diversified portfolio.
TrueShares Structured Outcome (October) ETF is most often compared with the following Financial Services names: