NEOS Boosted Nasdaq-100 High Income ETF (XQQI)

XQQI: A Better NDX Income Structure I Won't Buy Yet

Seeking AlphaJul 16

NEOS Boosted Nasdaq-100 High Income ETF marries 50% NDX leverage with partial, far-OTM covered calls (~44% of leveraged exposure)—a rare leveraged-covered-call variety I genuinely admire structurally and rate the approach highly long-term. Empirically, it captured nearly the full ~29% rally but magnified the ~9% drawdown to ~12%—negative skew, though the option premium shaved some downside off pure leverage. The strike, no-spread, partial-overwrite tilt gears XQQI toward upside capture over income—great for grind-ups and sharp rallies, weak in flat, choppy, or pressured tapes.