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10 Best Etfs For Covered Calls (2023 Updated)

An ETF, or exchange traded fund, is a type of investment that holds a basket of assets, such as stocks, bonds, or commodities, and tracks an index. A covered call is an options strategy in which an investor holds a long position in an asset and writes (sells) call options on that same asset in an effort to generate income and/or protect gains.

When an investor writes a covered call, they are selling the right, but not the obligation, to buy an asset at a set price (the strike price) on or before a certain date (the expiration date). The investor continues to own the underlying asset and will receive any dividends paid out on that asset.

If the asset’s price rises above the strike price, the call buyer may exercise their option to purchase the asset, and the investor will sell it at the strike price. If the asset’s price falls below the strike price, the option will expire worthless and the investor will keep the asset.

The key to successful covered call writing is to choose an underlying asset that is not expected to make large price movements in the near future. This strategy can be used in an effort to generate income or protect gains on a long position in a stock.

It is important to note that the investor is giving up some upside potential by selling the call option.

10 Best Etfs For Covered Calls

Product Image Product Name Features Price

Lucky Duck Rebel Predator E Caller

  • Compact without sacrificing sound quality
  • 12 predator enticing live animal sounds
  • Motorized decoy

Cass Creek Ergo Crow Call

  • Crow Call Like every Cass Creek Call, Ergo Series calls feature live recordings of real animals making actual sounds.
  • Calls Include.

Lucky Duck Revolt E-Caller Predator Call

  • High output e-caller with ear piercing volume
  • Additional tweeter speaker
  • Rotational base that broadcasts sounds 360 degrees

Foxpro Patriot Electronic Game Call

  • Comes with 35 sounds, and 111 FREE sounds (can hold and access up to 300 sounds)
  • High-efficiency horn speaker
  • Operates on 4 AA batteries

Duck Commander Triple Threat Duck Call

  • EASY TO BLOW: triple reed that’s actually easy to use when hunting and great for beginners.
  • PERFECT ALL AROUND CALL: Designed to replicate the Mallard hen in her quack, feed call, and hail call.

E.L.K. Inc. Power Bugle

  • Easy to use
  • World famous elk bugle
  • This is the call to use: man, woman or child

Lucky Duck Riot E Caller

  • Holds up to 2,000 sounds, and runs on 10 AA batteries (remote runs on 3 AA batteries)
  • Includes a motorized decoy and long-range remote control, that stored conveniently in the caller for easy travel

Acme 572 Duck Call

  • Top quality
  • For professinal requirements
  • High volume

Wild Calls Coyote-8"

  • Coyote
Lucky Duck Rebel Predator E Caller
  • Compact without sacrificing sound quality
  • 12 predator enticing live animal sounds
  • Motorized decoy
Cass Creek Ergo Crow Call
  • Crow Call Like every Cass Creek Call, Ergo Series calls feature live recordings of real animals making actual sounds.
  • Calls Include.
Lucky Duck Revolt E-Caller Predator Call
  • High output e-caller with ear piercing volume
  • Additional tweeter speaker
  • Rotational base that broadcasts sounds 360 degrees
Foxpro Patriot Electronic Game Call
  • Comes with 35 sounds, and 111 FREE sounds (can hold and access up to 300 sounds)
  • High-efficiency horn speaker
  • Operates on 4 AA batteries
Duck Commander Triple Threat Duck Call
  • EASY TO BLOW: triple reed that’s actually easy to use when hunting and great for beginners.
  • PERFECT ALL AROUND CALL: Designed to replicate the Mallard hen in her quack, feed call, and hail call.
E.L.K. Inc. Power Bugle
  • Easy to use
  • World famous elk bugle
  • This is the call to use: man, woman or child
Lucky Duck Riot E Caller
  • Holds up to 2,000 sounds, and runs on 10 AA batteries (remote runs on 3 AA batteries)
  • Includes a motorized decoy and long-range remote control, that stored conveniently in the caller for easy travel
Acme 572 Duck Call
  • Top quality
  • For professinal requirements
  • High volume
Wild Calls Coyote-8"
  • Coyote

1. Lucky Duck Rebel Predator E Caller

Lucky Duck Rebel Predator E Caller

  • Compact without sacrificing sound quality
  • 12 predator enticing live animal sounds
  • Motorized decoy
  • Long range remote control
  • Remote and decoy store conveniently in the caller for easy travel

Check Latest Price

Sold By Price
Amazon
Walmart – CUTEM DOWN WATERFOWL LLC
Cabela’s
Springhill Outfitters

Product Details

Specifications

Details
Assembled Product Weight 3 oz

Reviews From Real Customers

rogerssportinggoods.com
core-lokt7mag
Catcommander1

2. Cass Creek Ergo Crow Call

Cass Creek Ergo Crow Call

  • Crow Call Like every Cass Creek Call, Ergo Series calls feature live recordings of real animals making actual sounds.
  • Calls Include.
  • Crow Distress.
  • Crow/Owl Flight.
  • Crow Frenzy.

Check Latest Price

Sold By Price
Amazon
OpticsAgent.com
Firearms Depot
www.mddcprint.com

Product Details

Specifications

Details
Length 7 Inches
Species Crow
Battery Type AAA
Batteries Included No
Remote Included No

Reviews From Real Customers

Somewhere in Texas
JCCC
ukesongva

3. Lucky Duck Revolt E-Caller Predator Call

Lucky Duck Revolt E-Caller Predator Call

  • High output e-caller with ear piercing volume
  • Additional tweeter speaker
  • Rotational base that broadcasts sounds 360 degrees
  • Motorized decoy with erratic motion
  • Control an infinite number of callers using one remote

Check Latest Price

Sold By Price
Amazon
Walmart – CUTEM DOWN WATERFOWL LLC
Cabela’s
Scheels

Product Details

Specifications

Details
Species Predator
Battery Type AA
Batteries Included No
Remote Included Yes
Number of Sounds 100
Speakers 1
Connectivity Wireless

Reviews From Real Customers

Nickoli
marus_x4sxwlz
LongRangeCoyoteHunter

4. Foxpro Patriot Electronic Game Call

Foxpro Patriot Electronic Game Call

  • Comes with 35 sounds, and 111 FREE sounds (can hold and access up to 300 sounds)
  • High-efficiency horn speaker
  • Operates on 4 AA batteries
  • USB port to reprogram sounds

Check Latest Price

Sold By Price
Amazon
Cabela’s
Bass Pro Shops
DICK’S Sporting Goods

Product Details

Specifications

Details
Length 7.5″
Width 3.75″
Height 5″
Warranty 3 years, limited

Reviews From Real Customers

RichFGMH
Pa Juice
OldITguy

5. Duck Commander Triple Threat Duck Call

Duck Commander Triple Threat Duck Call

  • EASY TO BLOW: triple reed that’s actually easy to use when hunting and great for beginners.
  • PERFECT ALL AROUND CALL: Designed to replicate the Mallard hen in her quack, feed call, and hail call.
  • UNIQUE TONES: Duck commander duck calls offer low gravel tones for mature hens to high scratchy pitch for young hens.
  • MATERIAL: Polycarbonate construction made to be tough and durable.
  • APPROVED: Proven Field Technology that is PHIL ROBERTSON APPROVED!

Check Latest Price

Sold By Price
Amazon
eBay
Walmart – eCopUSA
Cabela’s

Product Details

Specifications

Details
Species Mallard Hen
Sound Species Ducks
Electronic No
Style Triple Reed
Sounds Nasally Raspy

Reviews From Real Customers

Bobby K
gk698
quackattackjack

6. E.L.K. Inc. Power Bugle

E.L.K. Inc. Power Bugle

  • Easy to use
  • World famous elk bugle
  • This is the call to use: man, woman or child

Check Latest Price

Sold By Price
Amazon
Cabela’s
Bass Pro Shops
Sportsman’s Warehouse

Product Details

Specifications

Details
Manufacturer model PW

Reviews From Real Customers

2LayZ2
ramranch
ringerf16

7. Lucky Duck Riot E Caller

Lucky Duck Riot E Caller

  • Holds up to 2,000 sounds, and runs on 10 AA batteries (remote runs on 3 AA batteries)
  • Includes a motorized decoy and long-range remote control, that stored conveniently in the caller for easy travel
  • The remote control does not require line of sight and reaches up to 300 feet
  • Universal tripod thread on the bottom of the caller, compact design for extreme portability
  • 1 Hunting Game Caller

Check Latest Price

Sold By Price
Amazon
Walmart – Rogers Sporting Goods
Springhill Outfitters
Frank’s Great Outdoors

Product Details

Specifications

Details
Species Predator
Battery Type AA
Batteries Included No
Remote Included Yes
Number of Sounds 2000

Reviews From Real Customers

CoyoteKiller69

8. Acme 572 Duck Call

Acme 572 Duck Call

  • Top quality
  • For professinal requirements
  • High volume

Check Latest Price

Sold By Price
Amazon
Walmart
West Music
SteveWeissMusic.com

Product Details

Specifications

Details
Assembled Product Weight 1 lbs

Reviews From Real Customers

ringo6050
Casey W.
robev_5840

9. Wild Calls Coyote-8″

Wild Calls Coyote-8

  • Coyote

Check Latest Price

Sold By Price
Amazon
Walmart – Mirra & Me
Wild Republic
Western National Parks Association

Product Details

Specifications

Details
Product Dimensions 6 x 4 x 6 inches
Release date February 1, 2019
Assembly Required No
Style Coyote
Number of Pieces 1

Reviews From Real Customers

peppe_jan
M.H.
R.O.

10. Western Rivers GSMWRCGC75 WRC-GC75 75R Electronic Predator Caller

Western Rivers GSMWRCGC75 WRC-GC75 75R Electronic Predator Caller

Check Latest Price

Sold By Price
Amazon
Discount Bandit – Gadgets Galore

Product Details

Reviews From Real Customers

Joe K
scrubhunter976
unclechris722

Conclusion

Covered calls are a great way to generate income with your portfolio, but there are a few things you need to be aware of before you start using them. First, you need to make sure that the ETF you’re selling calls against is one that you’re comfortable with holding for the long term.

You don’t want to be stuck in a position where you have to sell your ETF just to avoid a loss. Second, you need to be aware of the potential for the stock to gap up or down at expiration. If the stock gaps down, you could be assigned and be forced to sell your ETF at a loss.

If the stock gaps up, you could miss out on a big rally. Finally, you need to be comfortable with the fact that you’re giving up some upside potential in exchange for the income from the calls. If you’re not comfortable with any of these risks, then covered calls may not be the right strategy for you.

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