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Defiance Files for PowerMaxx ETFs Using Long-Dated Call Options

The proposed stock-focused funds aim to boost returns through an options strategy described as high-risk and high-reward.

A blank options contract balances beneath a steel lever / TokenPost.ai
A blank options contract balances beneath a steel lever / TokenPost.ai

Defiance has filed for PowerMaxx exchange-traded funds that would buy long-dated call options on stocks. The stated aim is to boost returns through a strategy described as high-risk and high-reward.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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