Tuttle Launches MAGO ETF on CBOE Using Put-Spreads to Generate Income
Tuttle Capital's MAGO ETF began trading on CBOE, offering exposure to Alphabet and six other tech giants via a systematic put-spread strategy designed to generate income and cap downside risk. It sells near-term puts and buys further out-of-the-money puts on each Magnificent 7 stock to harvest premium.
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