Theta Collect

Generate income from option premiums

What is it?

How can I buy ETFs from the USA

Kid Required

Would you like to add one of the largest U.S.-traded ETFs to your portfolio, but can’t? I have a solution for you.

KID in English required

If you have a trading account with one of the better brokers, such as Interactive Brokers, you generally have access to the world’s most well-known international financial markets, including the U.S. In addition to the largest corporations globally, the best-known and most popular ETFs are traded here.

However, there’s a problem. If you’re based in Germany or certain other European countries and try to buy ETFs like SPY, QQQ, EEM, IWM, or IBIT on Interactive Brokers, you’ll receive the following message:

This Product requires a KID in English or in a Language approved for your Country. Retail Clients can trade packaged retail products only if an appropriate KID is available.

This Product requires a KID

In other words, you can’t buy or short these ETFs. But there’s a simple way to get your hands on these sought-after ETFs.

Selling Naked Puts

Firstly, selling (shorting) naked puts is a solid options strategy where you collect the premium. Selling put options is also a great way to acquire stocks or ETFs at a discount. For instance, let’s say you want to buy Blackrock’s IBIT Bitcoin ETF, and the current price is $38. You could simply sell an “in-the-money” put with a short expiration, for example, a $40 put. If you sell this put for $4, and it expires when the IBIT price is at $38, you’ll receive the IBIT ETF at $40—$2 above the current price—plus you collect the $4 premium. Essentially, you’ve acquired the ETF for a net cost of $36.

Selling puts not only allows you to access products that you otherwise wouldn’t be able to trade, but you also get to keep the premium value.

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