IncomeShares
META Options ETP
IncomeShares META Options ETP
Summary
The return on the ETP Securities is linked to the performance of the LS META Options-Based Income Strategy. The Investment Strategy seeks to generate monthly income by buying Meta Platforms, inc. shares, selling ‘out-of-the-money’ call options on Meta Platforms, inc. and paying a return on the premia collected. The ETP Securities aim to harvest yields, while retaining upside exposure to Meta Platforms, inc. up to the options’ strike price.
Why META Options ETP?
Maximum Income
Enhanced monthly income from premiums received through options selling and a return on cash.
Upside Exposure
Participation in the upside potential of NVDA up to the options’ strike price.
Partial Downside Protection
Income generated from selling options may help cushion against market downturns.
Performance
$ 100,000
$ 100,000
Net Asset Value
Key Information
Structure
Distributions
Distribution Calendar
Monthly Distribution
Declaration Date | Ex-Date | Record Date | Payment Date | Distribution Per Share | Distribution %* |
---|---|---|---|---|---|
31 Jul 2024 | 01 Aug 2024 | 02 Aug 2024 | 12 Aug 2024 | TBD | TBD |
30 Aug 2024 | 02 Sep 2024 | 03 Sep 2024 | 11 Sep 2024 | TBD | TBD |
*The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income and cash return, remained the same going forward. The Distribution Rate is calculated by multiplying an ETP’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETP’s most recent NAV. The Distribution Rate represents a single distribution from the ETP and does not represent its total return. Distributions are not guaranteed.
Tax & Legal
Listings & Tickers
Country | Exchange | Base Currency | Trading Currency | Exchange Code | ISIN | SEDOL | BBG Ticker | RIC | WKN | Listing Date |
---|---|---|---|---|---|---|---|---|---|---|
UK | London Stock Exchange | USD | USD | METY | XS2901885553 | BQB7YJ8 | METY LN | METY.L | A4A52U | 26 Sep 2024 |
UK | London Stock Exchange | USD | GBP | METI | XS2901885553 | BQB7Z95 | METI LN | METI.L | A4A52U | 26 Sep 2024 |
Holdings
Name | Ticker | SEDOL | Market Price | Currency | Shares Held | Market Value |
---|---|---|---|---|---|---|
META PLATFORMS INC-CLASS A | META | B7TL820 | 582.77 | USD | 221 | 128792.17 |
META Oct04'24 590 Call | META 241004C00590000 | N/A | 1.77 | USD | -2 | -354 |
Cash | Cash_USD_56 | Cash | 1 | USD | 867.862786 | 867.862786 |