Name of ETN: iPath CBOE S&P 500 BuyWrite Index ETN
Benchmark Index: CBOE S&P 500 BuyWrite Index
Ticker Symbol: BWV
ETN Highlights: The index this ETN is based upon is designed to replicate a hypothetical buy-write (covered call) strategy on the S&P 500 index. This strategy consists of holding a long position on the S&P 500 index and selling call options on the index.
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