Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF (QDTE)

Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF is trading at $28.70, down 2.01% on the session. The 50 day average sits at $29.17 and the 200 day at $29.85, which puts the stock in a downtrend. RSI is at 50.4, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $28.85 with resistance near $29.54, so that band frames the current range. Average daily movement is roughly $0.34, or about 1.2% of the share price, which is what any stop placement has to allow for. The overall health score of 54 out of 100 combines a trend score of 23, momentum of 68 and a risk score of 84.

The fund seeks to achieve its investment objectives using a “covered call” strategy that provides current income from option premiums on a weekly basis, while also providing exposure to the price return of the Nasdaq-100 Index. In effectuating its investment strategy, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that provide exposure to the returns of the Nasdaq-100 Index. The fund is non-diversified.