Index Description Dow Jones Industrial Average The Dow Jones Industrial Average (also known as the DJIA, Dow Jones, Dow 30 or the Dow) is a U.S. stock market index that tracks the performance of 30 large companies that are traded on the New York Stock exchange and Nasdaq.Show more Top...
Market Capitalization = Latest Closing Share Price x Total Number of Shares Outstanding Conversely, the Dow Jones Industrial Average (DJIA) is price-weighted, meaning that the value of the DJIA is based on the average stock prices of the 30 companies tracked by the index. Therefore, the average...
Historically, BXD’s premiums resulted in the below total annual levels. Bolded in the below chart, we can see key years where premiums received as a percent of the index price were at high-points due to the implied volatility in the market (VXD). The tradeoff of potential upside return ...
The Global X Dow 30 Covered Call ETF (DJIA) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Dow Jones Industrial Average Index and “writes” or “sells” corresponding call options on the same index.