IGME
Bitwise GME Option Income Strategy ETF
📎 Investment Objective
The Bitwise GME Option Income Strategy ETF (IGME) seeks to generate income by writing call options on the shares of GameStop Corp. (GME).
Overview
ETF tracking Bitwise GME Option Income Strategy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Bitwise GME Option Income Strategy ETF (IGME) seeks to generate income by writing call options on the shares of GameStop Corp. (GME).
🎯 Investment Strategy
The fund writes call options on GME shares, collecting the option premiums to generate income. The options are actively managed to balance income generation and potential upside participation in GME's share price.
✨ Key Features
- Focuses on generating income from writing call options on GameStop (GME) shares
- Actively manages the option writing strategy to balance income and upside potential
- Provides exposure to the volatility of the GME stock through the option positions
- Relatively low assets under management and short operating history
⚠️ Primary Risks
- Significant concentration in a single stock (GameStop), which can increase volatility and risk
- Reliance on the options market and potential for losses if GME's share price movements are unfavorable
- Limited diversification compared to broader market or sector ETFs
- Low assets under management and short track record, which can impact liquidity and increase costs
👤 Best For
This ETF may be suitable for investors seeking income generation and exposure to the volatility of the GameStop stock, but it carries higher risk than more diversified equity or income-focused funds. Investors should have a higher risk tolerance and understand the unique dynamics of the GME stock and options market.