<SEC-DOCUMENT>0000940394-18-001913.txt : 20181226
<SEC-HEADER>0000940394-18-001913.hdr.sgml : 20181226
<ACCEPTANCE-DATETIME>20181226151333
ACCESSION NUMBER:		0000940394-18-001913
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20181226
DATE AS OF CHANGE:		20181226
EFFECTIVENESS DATE:		20181226

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:	333-224640
		FILM NUMBER:		181252525

	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>EATON VANCE TAX-MANAGED BUY-WRITE OPPORTUNITIES FUND SUPPLEMENT TO PROSPECTUS AND PROSPECTUS SUPPLEMENT DTD 12-26-2018
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 15pt; text-align: center"><B>EATON VANCE TAX-MANAGED BUY-WRITE OPPORTUNITIES
FUND<BR>
Supplement to Prospectus dated May 31, 2018 and Prospectus Supplement dated November 19, 2018</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0">The following replaces
any references, contained either in the Prospectus or the Prospectus Supplement, with respect to the Fund&#8217;s: (i) last reported
sale price; (ii) net asset value (&#8220;NAV&#8221;) per Common Share; (iii) percentage premium to NAV per Common Share; (iv) number
of Common Shares outstanding; and (v) net assets.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0.5in">On December 24, 2018
the last reported sale price, NAV per Common Share and percentage premium to NAV per Common Share, were $12.40, $12.54 and (1.12)%,
respectively. As of December 24, 2018, we had 77,729,199 Common Shares outstanding and net assets of approximately $974,431,735.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0">The following replaces
the last sentence in the first paragraph under &#8220;Use of Proceeds&#8221; in the Prospectus Supplement:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0.5in">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 $12.40 per share for our Common Shares on the NYSE as of December 24, 2018, we estimate that the net proceeds of this
offering will be approximately $71,538,685 after deducting the estimated sales load and the estimated offering expenses payable
by the Fund.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0.5in">&#8194;</P>

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    <TD STYLE="width: 48%; padding-top: 4.5pt; padding-bottom: 4.5pt; font: 12pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">&nbsp;</P>


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