S&P500 Options (0DTE) ETP
Distribution Yield 69.07%
Key Information
- Strategy
- Cash Covered Put
- Reference Asset
- 0DTE
- Distributions
- Monthly
- Expense Ratio
- 0.45%
- Inception Date
- 28 Aug 2024
Why S&P500 Options (0DTE) ETP?
Maximum Income
Upside Exposure
Partial Downside Protection
The Investment Strategy seeks to generate monthly income by selling each day put options on the S&P500 Index or the SPDR S&P 500 ETF Trust with a Daily Option Expiry and paying a return on the cash held. The ETP Securities aim to harvest yields, while retaining upside exposure to up to the options’ Strike Price.
Distribution Details
| Declaration Date | Ex-Date | Record Date | Payment Date | Distribution Per Share |
|---|---|---|---|---|
| 28 Feb 2025 | 03 Mar 2025 | 04 Mar 2025 | 12 Mar 2025 | $0.456 |
| 31 Jan 2025 | 03 Feb 2025 | 04 Feb 2025 | 12 Feb 2025 | $0.4415 |
| 31 Dec 2024 | 02 Jan 2025 | 03 Jan 2025 | 13 Jan 2025 | $0.311 |
Your total return till today, given you'd invested €10,000.00, on 28 Aug 2024
- Starting Amount
- €10,000.00
- Price Gain
- €-2,061.92
- Price Growth (CAGR)
- N/A
- Dividends
- €2,310.11
- Total Gain
- €248.19
- End Balance
- €10,248.19
- Total Return
- 2.48%
- Total Return (CAGR)
- N/A
Listings & Tickers
| Country | Exchange | Base Currency | Trading Currency | Exchange Code | ISIN | SEDOL | BBG Ticker | RIC | WKN | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| UK | London Stock Exchange | USD | USD | SPYY | XS2875106242 | BM8ZBD0 | SPYY LN | SPYY.L | A4A50P | 28 Aug 2024 |
| UK | London Stock Exchange | USD | GBP | SPYO | XS2875106242 | BM8ZBG3 | SPYO LN | SPYO.L | A4A50P | 28 Aug 2024 |
| DE | Deutsche Börse Xetra | USD | EUR | DSPY | XS2875106242 | BQNKXG5 | DSPY.GY | DSPY.DE | A4A50P | 15 Nov 2024 |
Holdings
| Name | Ticker | SEDOL | Market Price | Currency | Shares Held | Market Value |
|---|---|---|---|---|---|---|
| Cash | Cash_USD_56 | Cash | 1 | USD | 3478610 | 3478610 |
| SPY Mar28'25 569.0 Put | SPY 250328P00569000 | N/A | 3.4242 | USD | -60 | -20545.2 |
Net Asset Value
- NAV (as of 27 Mar 2025)
- $7.92
- Daily Change (of NAV)
- 0.00
- Daily Return (based on % NAV change)
- -0.03%
Structure
- Structure
- ETP
- Domicile
- Ireland
- Replication Method
- Physical
- Use of Income
- Distributing
- Physical Assets
- Yes (Underlying securities)
- Underlying Asset
- Cash + Short S&P 500 Put Option
Tax & Legal
- UCITS Eligible
- Yes
- UK Fund Reporting Status
- Pending
- SIPP
- Yes
- ISA
- Yes
Key Services Providers
- Issuer
- Leverage Shares PLC
- Arranger
- Leverage Shares Management Company Limited
- Trustee
- Apex Corporate Trustees (UK) Limited
- Issuing and Paying Agent
- Elavon Financial Services DAC
- Registrar
- Elavon Financial Services DAC
- Custodian
- Interactive Brokers LLC and/or Morgan Stanley & Co LLC
- Portfolio Administrators
- GWM Limited
- Determination Agent
- Calculation Agent Services LLC
- Broker Dealer of Record
- GWM Limited
- Initial Authorised Participant
- Virtu Financial Ireland Limited
ETP Documents
- Fact Sheet
-
- Final Terms
- Key Information Documents
- Reportable Income
-
- EMT
-
- Supplemental Trust Deed
-
- Prospectus
- Prospectus 5 February 2020
- Prospectus 6 November 2020
- Prospectus 18 December 2020
- Supplement 4 March 2021
- Supplement 6 May 2021
- Supplement 17 September 2021
- Supplement 8 October 2021
- Prospectus 7 December 2021
- Prospectus 16 May 2022
- Supplement 1 June 2022
- Supplement 17 October 2022
- Prospectus (CBI) 4 May 2023
- Prospectus (FCA) 4 May 2023
- Prospectus (CBI) 18 October 2023
- Prospectus (FCA) 18 October 2023
- Prospectus (CBI) 15 March 2024
- Prospectus (FCA) 15 March 2024
- Prospectus (CBI) 17 July 2024
- Prospectus (FCA) 17 July 2024
Notices
- Latest Notice
- All Product Notices
- 31.07.2024 Interest Notification
- 07.08.2024 Notice of Interest Amount Payments Calendar
- 29.08.2024 Notice of Amendment Interest Notification Calendar
- 30.09.2024 Interest Notification
- 31.10.2024 Notice of Interest Notification
- 29.11.2024 Notice of Interest Notification
- 31.12.2024 Notice of Interest Notification
- 31.01.2025 Notice of Interest Notification
- 28.02.2025 Notice of Interest Notification
This is a marketing communication. Prospective investors should refer to the Exchange Traded Product (“ETP”) Prospectus and Key Investor Information Document (“KIID”) before making any investment decisions.
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The information on this website does not constitute legal, financial, or investment advice. It should not be considered an offer to sell or a solicitation to buy any security, including shares of any ETP promoted here, or other financial instruments, products, or services offered by Leverage Shares or its distributors (“Leverage Shares”).
Investment Advices Client Services
Leverage Shares constructs and issues ETPs but does not provide services to private investors, nor does it accept client funds directly. Leverage Shares’ services are exclusively available to professional clients, as defined in this website’s Terms and Conditions. Private investors should consult their personal advisor, broker, or bank for investment or trading inquiries. For technical questions regarding our ETPs, please contact us directly.
Investment Decisions
Any investment in promoted ETPs should be based on the official sales Prospectus, the relevant Supplement, and the KIID, which outline the applicable terms and conditions.
Investment Risks
Investments in ETPs are subject to risk, including potential loss of principal. The value of investments may fluctuate, and investors may not recover the amount originally invested. Past performance is not indicative of future results and should not be the sole factor considered in selecting a product. Investors should carefully consider their investment objectives, risks, charges, and expenses before investing.
Documentations Availability
The Prospectus, KIID, and other relevant documentation are available free of charge on this website, and upon request via email. Please note that except for KIIDs, documents are generally available in English and selected other languages.
Regulatory Information
Retail clients should not rely on information provided here and are encouraged to seek guidance from a qualified IFA.
Not Insured — No Bank Guarantee — May Lose Value
This is a marketing communication. Please refer to the Prospectus of the ETPs and to the KIID before making any final investment decisions.
This information originates from Investium Limited, which has been appointed as distributor of Leverage Shares products in Europe by Leverage Shares Management Company Limited (the “Arranger”). Investium Limited with registered address at 6 Nikou Georgiou Street, Office 302, 1095 Nicosia Cyprus, is a financial services provider regulated by the Cyprus Securities and Exchange Commission (CySEC).
The information is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. Investium Limited and the Arranger (together referred as “Leverage Shares”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information. The views and opinions expressed are those of the author(s) but not necessarily those of Leverage Shares. Opinions are current as of the publication date and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results. Information provided by third party sources is believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed.
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