$Sea Ltd(SE)$ This share will rebound as they are the only e-commerce company in Indonesia where TikTok is band . Sea Ltd will reach USD $90 by 2024.[Allin] [USD] [Call]
@Optionspuppy:I know QYLD is a great tool to receive good dividend ~12.0% per annum. And I also know the price has been relatively stagnant, trading within range. After withholding tax, my net yield will be 8.4% per annum.Every cent counts when come to dividend portfolio, so instead of buying at cash market, I actually sell put option at $20 and I am happy to collect it if it strikes. It is better than buying at cash market @ $20.50.The premium I receive for 3 weeks (or 1 month) is around 9.6%. This is still better than buying at cash market with dividend yield of 8.4%.I intend to deploy this method every month and receive premium of 9.6% to 10.0% per annum by selling put option on QYLD.My question is does this method make sense for foreign investor like me? I want to hear everyone’s opinion. Thank