How do you make money with exchange traded funds in a range bound market?
That’s the question raised by the WSJ‘s Ben Levisohn in the column Strategies for a Sideways Market.
Another idea for making money when the trend isn’t clear? Selling covered calls.
A way to play covered calls with ETFs is the PowerShares NASDAQ-100 BuyWrite Portfolio (PQBW). The ETF normally invests at least 80% of its total assets in common stocks of the 100 companies included in the NASDAQ-100® Index and then writes call options on those stocks.