ODTE

VegaShares SPX NDX RTY Premium Income ETF is an actively managed fund that employs a synthetic covered call strategy by combining long exposure to major U.S. equity benchmarks with the systematic sale of zero-days-to-expiration (0DTE) or one-day-to-expiration (1DTE) out-of-the-money call options. The strategy utilizes a quantitative framework to dynamically weight exposure across the S&P 500, Nasdaq-100, and Russell 2000 indices based on implied volatility, correlation, and liquidity, aiming to harvest short-dated volatility risk premiums to generate high weekly income.