The Risk and Return Characteristics of the Buy-Write Strategy on the Russell 2000 Index.

The CBOE Dow Jones Industrial Average Buy-Write index, which tracks the strategy, returned 8 per cent last year.

Eaton Vance Tax-Managed Buy-Write Income Fund (Ticker ETB)

In late September, for example, Eaton Vance introduced Tax-Managed Global Buy-Write Opportunities, its fifth fund in less than a year that uses a strategy of selling covered call options on much of its portfolio.