1:MaxβS Covered call 1% of profit per month without losses Buy QYLD $17.84 and sell a call to received0.15
Title: π§ Cupcake Finance Adventures with Max π
Alright, let's dive into the cupcake hustle while shaking up the finance game! π Amidst the chaos of cupcake sales, I'm juggling some serious finance moves. Picture this: I sold a call for $0.15 with a strike price at $18 while the stock was at $17.89, dropping my cost down to $17.74. πΈ
Title: π° QYLD: Income Superhero π¦Έ
Now, onto the savior of income seekers in this wild market: QYLD! π¦Έ Despite the world going haywire with geopolitical drama, QYLD's here to save the day, going ex-dividend on April 22 with a whopping 11.6% yield. And guess what? Let's add a sweet $0.17 dividend each month before tax to the mix! π π°$NASDAQ 100 Covered Call ETF(QYLD)$
Title: π QYLD: OG of Covered Calls π
QYLD's like the OG of covered calls on the Nasdaq 100, and it's been rocking it since 2013, now boasting $8.19 billion in Assets Under Management. π Its top holdings? Think the Magnificent 7: Microsoft, Apple, NVIDIA, Amazon, Meta Platforms, Google, Tesla, Broadcom, and Costco. Together, they make up almost half the weightage. And get this, it's got 103 holdings in total. ππΌ this was bought at market high as market gets lower I am buying $SPDR Portfolio S&P 500 Growth ETF(SPYG)$ $Invesco NASDAQ 100 ETF(QQQM)$$Invesco QQQ Trust-ETF(QQQ)$
Title: ποΈββοΈ QYLD: Heavy Lifting for Passive Income πΌ
Sure, its expense ratio's at 0.61%, but hey, you're getting some serious bang for your buck with that covered call strategy. And let's not forget the beauty of those monthly distributions for a solid decade straight. QYLD's doing all the heavy lifting, saving us from potential mishaps and making sure our passive income game stays strong. ποΈββοΈπΌ
Title: π QYLD: MVP for Income Seekers π€
Performance-wise, it's had its ups and downs, but hey, that's the game when you're all about that monthly cash flow. So, while it might not be the ticket for capital growth enthusiasts, for us income seekers, QYLD's the real MVP. It's like they say, there's no right or wrong in investing, just different strokes for different folks. ππ€
@MillionaireTiger @Daily_Discussion @MillionaireTiger @TigerStars @Daily_Discussion @TigerEvents @CaptainTiger please support my post so more people can learn this double hedge strategy with QYLD
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- OptionspuppyΒ·04-18HereLikeReport