[xwdv]

No thanks, I will keep stocks myself and write my own calls while flipping a bird at those indexes. Why would I want to miss out on the gains for the underlying?

[jerry80]

Those indexes implement the strategy that you're talking about. I don't understand what you mean by "miss out on the gains for the underlying."

[xwdv]

Am I missing something? If I invest in those indexes I’m not investing in the stocks I actually want to own.