Hi everyone, what are covered calls? I know there quite a few ETFs that uses covered calls, but I’m not sure what’s the difference between ETFs( S&P etc.). I read up and it says that the calls exposes you to high downsides and limited upsides. Then in that case, why do some people choose to go for these ETFs instead? Are there good covered calls ETFs? Sorry for the dumb question, but I really can’t wrap my head around this?