<SEC-DOCUMENT>0000940394-17-001792.txt : 20170905
<SEC-HEADER>0000940394-17-001792.hdr.sgml : 20170904
<ACCEPTANCE-DATETIME>20170905141511
ACCESSION NUMBER:		0000940394-17-001792
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20170905
DATE AS OF CHANGE:		20170905
EFFECTIVENESS DATE:		20170905

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Tax-Managed Buy-Write Opportunities Fund
		CENTRAL INDEX KEY:			0001322436
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-214545
		FILM NUMBER:		171068269

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617-482-8260

	MAIL ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>etvprosupp.htm
<DESCRIPTION>TAX-MANAGED BUY-WRITE OPPORTUNITIES FUND PRO SUPP DTD 9-5-2017
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>497 1 combsupps_497</TITLE>
<META NAME="author" CONTENT="Matt Manning">
<META NAME="date" CONTENT="09/05/2017">
</HEAD>
<BODY style="margin-top:0;font-family:'Times New Roman'; font-size:10pt; color:#000000">
<DIV style="width:601.933px"><P style="margin:0px" align=right><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:16.667px; font-family:'NewsGoth Dm BT,Times New Roman'" align=center>EATON VANCE TAX-MANAGED BUY-WRITE OPPORTUNITIES FUND<BR>
Supplement to Prospectus dated April 5, 2017 and Prospectus Supplement dated April 5, 2017</P>
<P style="margin-top:5.533px; margin-bottom:5px; font-family:'NewsGoth Lt BT,Times New Roman'" align=justify>The following replaces any references, contained either in the Prospectus or the Prospectus Supplement, with respect to the Fund&#146;s: (i) last reported sale price; (ii) net asset value (&#147;NAV&#148;) per Common Share; (iii) percentage premium to NAV per Common Share; (iv) number of Common Shares outstanding; and (v) net assets.</P>
<P style="margin-top:5.533px; margin-bottom:5px; padding-left:48px; font-family:'NewsGoth Lt BT,Times New Roman'" align=justify>On September 1, 2017 the last reported sale price, NAV per Common Share and percentage premium to NAV per Common Share, were $15.38, $14.65 and 4.98%, respectively. &nbsp;As of September 1, 2017, we had 66,209,399 Common Shares outstanding and net assets of approximately $969,995,386.39.</P>
<P style="margin-top:5.533px; margin-bottom:5px; font-family:'NewsGoth Lt BT,Times New Roman'" align=justify>The following replaces the last sentence in the first paragraph under &#147;Use of Proceeds&#148; in the Prospectus Supplement:</P>
<P style="margin-top:5.533px; margin-bottom:5px; padding-left:48px; font-family:'NewsGoth Lt BT,Times New Roman'" align=justify>Assuming the sale of all of the Common Shares offered under this Prospectus Supplement and the accompanying Prospectus, at the last reported sale price of $15.38 per share for our Common Shares on the NYSE as of September 1, 2017, we estimate that the net proceeds of this offering will be approximately $58,460,705.60 after deducting the estimated sales load and the estimated offering expenses payable by the Fund.</P>
<P style="margin:13.333px"><BR></P>
</DIV><TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=308.133 /><TD width=308.2 /></TR>
<TR><TD style="margin-top:0px" valign=top width=308.133><P style="margin-top:0px; margin-bottom:5px; font-family:'NewsGoth Lt BT,Times New Roman'">September 5, 2017</P>
</TD><TD style="margin-top:0px" valign=top width=308.2><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
</TABLE>
<DIV style="width:601.933px"><P style="margin-top:0px; margin-bottom:13.333px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:13.333px" align=center><BR>
<BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: 5041D8B6 -->
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
