EDIP Covered Call Information
% Covered Portfolio – The percent of equity holdings in the EDIP portfolio that are currently covered by call options updated 9:30AM EST for the previous days close . See table below.
Avg Days Until Expiration – The average days until expiration for all call options currently written against equities in the EDIP portfolio.
Premium Hedge ($) – The sum of the prices of all call options currently written against equities in the EDIP portfolio. This represents the dollar amount that would be collected if every call settled out of the money (OTM).
Premium Hedge (bps) – (Premium Hedge ($) / Sum of all prices of each equity in the EDIP Portfolio ). This represents the percent hedge to be expected if all options settled out of the money (OTM)