AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Probability of a Rally in the S&P 500 Index
If you don't think markets are going to break out of this range, it makes absolute sense to buy one of these so-called buy right funds. JP Morgan equity premium income or JEPI is a fund that writes out of the money S&P 500 index call options. It's like the S&P, but it's got a yield of about 9.8%. If you hold these long term, of course, you'll end up with a performer as well.