Options on ETF

Thanks so much .

Very good eye opening replies from everybody.

Another question if you all donot mind

Are there weekly options on any ETF? In that case I would be exercised at the end of the week .
 
Quote from rluser:

The closest thing that comes to mind is OEX.


It seems OEX is not an ETF and I am looking to buy 100 shares and sell call option at the market price so that chances of being exercised are high.
Thanks for your reply.
 
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