I've never played this particular broad market ETF, but it beats trading SPY et al. here, particularly since you can get a 1.00 in credit out of a short put in an sub-$50 underlying ... .
Metrics:
Probability of Profit: 76% Max Profit: 101/contract Max Loss: Undefined (it would be $4499 if the ETF went to zero and you did absolutely nothing) Break Even: 44.99
Notes: I'm not going to be putting on a trade in this, since I think there's downside risk associated with U.S. elections. However, at the very least, it's worth watching here. The IV and therefore the premium is higher here than in SPY, IWM, QQQ, and DIA ... . The downside is that it is not quite as liquid as those instruments.