The YouTuber explains that NUSI uses a protective put strategy in addition to covered calls, offering better downside protection in market crashes. However, this strategy does not generate income and limits the overall yield and total return compared to other ETFs.
“Pros of the NUSI ETF are that by using that protective put strategy it can provide better downside protection because it's locking in that price so this one might outperform in those big stock market crashes.”