Summary Defiance Nasdaq 100 Enhanced Options Income ETF offers a headline distribution yield of 52.6% by systematically writing daily put options on the Nasdaq 100 Index. QQQY ETF's put-write strategy is similar to buy-write strategies, but it may outperform in a rising market as its written puts are less likely to expire in-the-money. Despite its high distribution yield, the QQQY ETF still suffers from a capped upside/uncapped downside problem and underperforms the QQQ over the long run. AndreyPopov Investors' appetite for 'high-yielding' investments never ceases to amaze me. Case in point is the Defiance Nasdaq 100 Enhanced Options Income ETF (NASDAQ:QQQY), with a headline distribution yield of 52.6% (Figure 1).
🌟🌟🌟Mid Year is a good time to review my portfolio performance and reflect on my progress. The best performance surprisingly came from my US stock portfolio which comprise mainly of ETFs. I love to invest in ETFs since they offer a low cost, value for money choice as I am just a small retail investor with limited funds. ETFs provide me with an easy solution and offer a diversified allocation to whatever sector I am keen to invest in. My best performing ETF is $Energy Select Sector SPDR Fund(XLE)$ which gives me instant access to the US Oil Giants such as Exxon Mobil, Chevron and Warren Buffett's favourite oil company $Occidental(OXY)$
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,822.30 on Friday, up 0.71% in the past 5 days.1. $WHITEHAVEN COAL LTD(WHC.AU)$ +17.25%Australian coal stocks are headed for their best week in years after a fire shut down one of country’s major mines, with Morgan Stanley seeing further upside for the commodity.Whitehaven Coal Ltd. is poised for a 17% weekly advance, its best since October 2022. The fire “may help bring about an earlier tightening of the market balance,” Morgan Stanley analysts including Sara Chan wrote in a July 3 note, adding they expect about 15% upside to year-end coking coal prices. “We see a near-term opportunity in coking or met coal, espe