Global X U.S. 500 ETF · AMEX:GXLC
Global X U.S. 500 ETF — Global X — Investor Presentation (November 2025)
27 slides from Global X U.S. 500 ETF's investor presentation, November 2025
Slide 1: An Introduction to Options & Options Strategies
An Introduction to Options & Options Strategies © Global X Management Company LLC | All numbers are approximate
Slide 2: What Is an Option?
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES What Is an Option? An option is a financial contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (strike price) within a specific period (tenor). Options Contract Components Option
Slide 3: Index Options vs. Stock Options
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Index Options vs. Stock Options Investors utilize different types of options with varied characteristics ranging from the underlying asset, time to expiration, and even settlement. Two common types of options are index options and single stock options.
Slide 4: Comparing FLEX Options with Exchange-Traded and Over-the-Counter Options
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Comparing FLEX Options with Exchange-Traded and Over-the-Counter Options Options can be bought and sold via different avenues: (1) an Options Exchange (“listed” options) or (2) Over -the- Counter. FLEX options, introduced by the CBOE in 1993, combine t
Slide 5: Options Trading Strategies
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Options Trading Strategies Options allow investors to implement diverse strategies. They can be leveraged for protection (hedging), income generation, or speculation on an asset's future price movement. Long Call Option Long Put Option Definition: Long
Slide 6: Examining Fundamental Option Strategies
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Examining Fundamental Option Strategies Definitions Example Long Call Option Underlying Asset: ABC Inc. Stock (ABC) • Expiration Date: 3 months • Strike Price: $100 • Premium: $1 • This gives the buyer the right, but not the obligation, to • Buyer purc
Slide 7: Combining Options Positions: Net-Debit and Net-Credit
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Combining Options Positions: Net-Debit and Net-Credit Investors can combine various options positions to shape different risk and return profiles. One popular trade is to form a ‘spread’ trade between two options of the same type (i.e., two call option
Slide 8: Net-Debit vs. Net-Credit Positions: Implementing a Spread
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Net-Debit vs. Net-Credit Positions: Implementing a Spread Implementing a spread has core use cases to either (1) generate income by implementing a short spread or (2) potentially achieve limited capital appreciation by implementing a long spread. How P
Slide 9: What Is Moneyness?
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES What Is Moneyness? Moneyness is a standardized measure of the intrinsic value of an option at a current point in time. As the difference between the underlying asset value and strike price, it informs whether exercising the option will be profitable. M
Slide 10: Moneyness and Option Value
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Moneyness and Option Value Being further in-the-money generally translates to a higher option price or premium value, as the intrinsic value component becomes larger. Call Option Moneyness Affect on Its Value Put Option Moneyness Affect on Its Value Ca
Slide 11: Implied Volatility
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Implied Volatility Implied volatility, an extrinsic force for option valuation, measures market expectations of potential price movements in an asset. In pricing option contracts, higher implied volatility generally leads to higher premiums. Dow Jones
Slide 12: ETFs & Options
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES ETFs & Options ETFs offering exposure to options strategies — such as covered-call, collar, and tail risk-hedged ETFs — are gaining popularity. These ETFs hold the underlying asset while using options to adjust risk/return profiles. Common ETF Strategi
Slide 13: How a Covered Call Strategy Works
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Covered Call Strategy Works A covered call is a popular options strategy aimed at producing income. It also bears the potential to help investors increase risk-adjusted returns. The Process Covered Call Strategy Payoff 1. Purchase securities unde
Slide 14: How a Covered Call Strategy Works: An Example
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Covered Call Strategy Works: An Example Covered calls are often employed by investors who intend to hold the underlying stock for a long time but do not expect an appreciable price increase in the near term. The Process Covered Call Position Summ
Slide 15: How a Net-Credit Collar Strategy Works
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Net-Credit Collar Strategy Works A net-credit collar is a popular options strategy designed to produce income with the potential to increase risk -adjusted returns with additional downside protection relative to a covered call strategy. The Proce
Slide 16: How a Net-Credit Collar Strategy Works: An Example
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Net-Credit Collar Strategy Works: An Example Net-credit collars are often employed by investors who intend to hold the underlying stock for a long time but are cognizant of the potential for its price to decline in the near term. The Process Net-
Slide 17: Implementation: Covered Calls & Net-Credit Collars
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Implementation: Covered Calls & Net-Credit Collars Covered call and net-credit collar strategies are designed to pursue income. They can be used in portfolios by carving out portions of equity and/or fixed-income exposures to alter the risk/return prof
Slide 18: How a Net-Debit Collar Strategy Works
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Net-Debit Collar Strategy Works A net-debit collar is a popular options strategy with the potential to provide significant hedging properties to help minimize volatility while simultaneously increasing risk-adjusted returns. Net-Debit Collar Stra
Slide 19: How a Net-Debit Collar Strategy Works: An Example
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Net-Debit Collar Strategy Works: An Example Net-debit collars are often employed by investors who wish to participate in a portion of the potential price appreciation that may be realized by an underlying stock but wish to seek a floor on losses
Slide 20: How a Protective Put Strategy Works
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Protective Put Strategy Works Using protective puts is a popular options strategy to provide a level of protection on an underlying asset while pursuing capital appreciation. This is commonly referred to as a tail risk strategy. The Process Prote
Slide 21: How a Protective Put Strategy Works: An Example
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES How a Protective Put Strategy Works: An Example Protective puts are often employed by investors who wish to participate in all the potential price appreciation that may be realized by an underlying stock but seek to create a floor on losses in the even
Slide 22: Implementation: Net-Debit Collar & Tail Risk Strategies
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Implementation: Net-Debit Collar & Tail Risk Strategies Net-debit collar and tail risk strategies are designed to provide degrees of downside protection and still allow for capital appreciation. They may be represented in portions of the equity sleeve
Slide 23: Global X Options-Based ETF Suite
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Global X Options-Based ETF Suite Covered Call Covered Call & Growth Risk Managed Income Collar 95-110 Tail Risk QYLD, XYLD, RYLD, DJIA, QYLG, XYLG, RYLG, DYLG, Associated Tickers QRMI, XRMI QCLR, XCLR QTR, XTR MLPD TYLG Buy reference index Buy referenc
Slide 24: Options Terminology
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Options Terminology Term Description Term Description An option that gives the holder the right to buy an underlying asset from A measure of a security or portfolio’s volatility in relation to the market Call Option Beta another party at a fixed price
Slide 25: Important Information
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Important Information This communication is not intended to provide tax advice nor as a recommendation to buy or sell options contracts. Please speak to your financial and/or tax professional for more information. Individual securities mentioned are fo
Slide 26: Important Information
AN INTRODUCTION TO OPTIONS & OPTIONS STRATEGIES Important Information Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Index returns are for illustrative purposes only and do not represent actual
Slide 27: Thank You
Thank You GlobalXETFs.com @GlobalXETFs © Global X Management Company LLC | All numbers are approximate