Toews Launches Hedged Equity Income Strategy Using LEAPS

The Toews Agility Shares Hedged Risk ETF (HRSK) combines large-cap U.S. equity exposure with an options-based risk management and income strategy. The fund invests primarily in S&P 500 stocks, index futures, and ETFs, while purchasing long-dated LEAPS put options to help protect against market declines. It also writes and buys shorter-dated call and put options to reduce volatility and generate income. By blending equity exposure with systematic hedging and options income, the strategy aims to participate in market gains while mitigating downside risk and smoothing returns.