TSPY: 14% And Growing Income To Fund Your Retirement

Roberts Berzins, CFA13.72K FollowersFollow5ShareSavePlay(11min)CommentsSummaryTappAlpha SPY Growth & Daily Income ETF is my top S&P 500 covered call ETF pick, offering an attractive 14.1% yield.TSPY strikes a balance between high yield and opportunity cost, outperforming aggressive 0DTE and ATM alternatives in current market conditions.In the article, I elaborate in more detail why I think that TSPY's investment case for retirement income enhancement has recently become very compelling. SteveLuker/iStock via Getty Images In November, last year, I identified the TappAlpha SPY Growth & Daily Income ETF (TSPY), which is a covered call ETF vehicle focused on high current income generation from the selling of the S&PThis article was written byRoberts Berzins, CFA13.72K FollowersFollowRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.Analyst’s Disclosure: I/we have a beneficial long position in the shares of KBDC, MO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.