1. Roundhill's S&P 500 0DTE Covered Call Strategy ETF has maintained similar total returns to its underlying over longer timeframes with a covered call strategy. 2. They use a long exposure through deep in the money calls and sell daily calls against this position every market open. 3. Their 0-DTE strategy allows significant flexibility with strike selection on the calls they sell, and they do not sacrifice total returns for income.

1. FEPI is a high-yield income ETF that pays monthly distributions using a covered call strategy on 15 major tech stocks; 2. It offers a 25% annual yield and has shown potential for capital appreciation; 3. Despite risks such as sector downturns and management turnover, FEPI is suitable for income investors looking for monthly high-yield cash flow.