| Ticker | Direction | Speaker | Thesis | Time |
|---|---|---|---|---|
| LONG |
Christian Magoon
CEO of Amplify ETFs |
Magoon advocates for a strategy mixing "high quality US equities" (DIVO) and "high quality international stocks" (IDVO) with an "active managed covered call approach." He highlights that the international version was up significantly (41% in the prior year mentioned) by using this tactical approach. In volatile markets, relying solely on price appreciation is dangerous. Generating yield from two sources—dividends and option premiums—buffers returns. Furthermore, option income often counts as "Return of Capital," which reduces the investor's cost basis rather than being taxed immediately as ordinary income. LONG. These active ETFs offer a superior risk-adjusted way to capture income compared to passive indexing in choppy markets. Covered calls cap upside potential during aggressive bull runs; international exposure introduces currency and geopolitical risks. | — | |
| WATCH |
Christian Magoon
CEO of Amplify ETFs |
Magoon observes, "It used to just be about owning consumer staples stocks and utility stocks... But it's gotten a lot more sophisticated." The "old playbook" of hiding in defensive sectors for yield is becoming obsolete. Investors are better served by seeking yield through structural advantages (options strategies) on high-quality broad equities rather than concentrating risk in low-growth defensive sectors. WATCH / ROTATE. Implicit suggestion to reduce reliance on these specific sectors for income in favor of active option strategies. If volatility crashes, option premiums evaporate, potentially making traditional high-yield sectors attractive again relative to covered call funds. | 0:45 |