If you are in the "tech is overdone camp" and would like to receive a 12% yield to wait until capital appreciation is a viable outcome, then QYLD is a pretty good way to go. The ETF has been around since 2013 when it IPO'd at $25. Given the last 16 months of dismal performance, I would happily forego some upside to enjoy a solid return coupled with a very good dividend. If QYLD retraces half back to $21 you would end up with a $3.69 gain coupled with a current $2.07 dividend. For you math aficionados having a $5.76 gain on a base of $17.31 would equate to 33.27% before taxes (unless in an IRA) or costs. Spread out over 2 years and your expected return comes to 16.63% per year. Tax deferred accounts even better. I know of no reason that this is not suitable for an IRA. For those of you who think the expense ratio is too high, I would simply say that sometimes you get what you pay for and I believe this is one of those times. $NASDAQ 100 Covered Call ETF(QYLD)$