A covered call has one job people forget about: the strike has to keep up with the market. Write monthly, and your strike is 30 days stale by expiration. Write weekly, 5 days stale. $TMGN writes daily. Our strike is never more than 6.5 hours old. And when the market's closed, there's no strike at all. Over the last 2 weeks, the Mag 10 ripped. Our daily strike ladder, every print: 475 → 471 → 475 → 476 → 484 → 521 → 518 → 528 It dipped when the market dipped. It jumped when the market jumped. Each morning's call was written against each morning's market, not against a market from a week ago. Each call caps only that day's gains above its strike. In this stretch, not one finished in the money. And every call expires at the close. Nothing is held overnight, so overnight and weekend moves accrued to the portfolio in full, up or down. Only fresh strikes. This is what Growth + Income looks like when the engine resets daily. Disclosures: For standardized performance, visit The data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than performance quoted. Performance current to the most recent month end can be obtained above. Additional important disclosures, including the prospectus, can be found here: