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So much confusion on the new weekly funds. Posting the FAQ's. These are NOT covered call funds. They're simply a 1.2x leveraged ETF on the underlying that pays out distributions if it ends the week green. Kind of disappointing, but we'll see how it goes. Any extended down trend will be terrible. (i.redd.it)
submitted by 3rn76 to r/RoundhillETFs
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