What are ELNs?

And if you can just give us that acronym ELN, what does that stand for?

Exchange linked notes. So it's just a product where they roll the underlying security and the option into just a single security as opposed to buying the stock separate and then writing covered calls separately. So it's just kind of a two-in-one package.

Got it. It's a derivative, correct? It's a derivative where it packages the underlying stocks or the underlying index like the NASDAQ 100 and then has the written option strategy built in. So it's like one security, you get the whole covered call strategy.