Matt Kaufman on ETFs That Can Protect 100% of Your Capital

On Trading Trends, Chris Vecchio brings in Matt Kaufman, Senior Vice President and Head of ETFs at Calamos, who helped build the buffered ETF space. He explains defined outcome investing in plain terms: you can know, before you buy, how much upside you get to a cap and how much downside protection you have over a set period. With rates higher, issuers can now even deliver full principal protection inside an ETF wrapper. Kaufman lays out the tradeoff, more protection means a lower cap, and a tax edge over CDs, annuities and structured notes, since options based ETFs can deliver long term capital gains rather than ordinary income. He also talks about why advisors are rotating into risk managed and alternative strategies after years of big gains. Views are the speakers' own. Education, not a recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 A different lens on the market 01:00 Where allocation starts 03:00 Being honest about risk and return 05:00 How buffered ETFs work 07:00 Full principal protection in an ETF 09:00 The tax edge over CDs and annuities 11:00 Why advisors are de-risking now 13:00 Building a long term pool of capital #tastylive #bufferedetfs #definedoutcome #protectedetfs #downsideprotection #calamos #riskmanagement #investing #etfs #tastytrade tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.