I opened $Global X Nasdaq 100 Covered Call ETF(QYLD)$  ,I bought QYLD as it provides me with a steady dividend income monthly. The current dividend yield is 11.78% paid monthly. QYLD uses a Covered Call Strategy which is normally the domain of Big institutions and traders on stocks in the Nasdaq 100 Index. QYLD has made monthly distributions 10 consecutive years.
QYLD
07-24 03:33
USGlobal X Nasdaq 100 Covered Call ETF
SidePriceRealized P&L
Buy
Open
17.73+4.46%
Holding
Global X Nasdaq 100 Covered Call ETF
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  • jgaldon
    ·07-24
    TOP
    Hi Koolgal, just copy/pasted the above in case u find it interesting. it seems to me that despite the high payouts...when accounting for its price decline...performance is flat at best...I wonder if for instance T-Bills would not be a better choice?
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    • koolgalReplying tojgaldon
      I appreciate your feedback and views so that I can learn from you too.
      07-24
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    • koolgalReplying tojgaldon
      I am also still learning too.
      07-24
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    • jgaldonReplying tokoolgal
      No, no. Thanks to you. I only did 5 mins research cause I value koolgals views! Diversification for sure is the way to go and I have tons to learn in that front...sadly

      Good day ahead and thanks again

      07-24
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  • jgaldon
    ·07-24
    TOP
    QYLD offers a high distribution yield, often around 11-12% annually, which is attractive for income-focused investors. However, the total return, which includes both capital appreciation and dividend payouts, tells a different story
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    • koolgal
      Best of luck 🍀🍀🍀
      07-24
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    • koolgal
      I seek dividend income especially when the markets are volatile.
      07-24
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    • koolgal
      Ultimately it is the choice of an individual investor what the goal is.
      07-24
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  • ParableTalen
    ·07-24
    TOP
    did you compare how much more would you have gained if you have shorted the stock and closed your positions as opposed to a covered call?
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    • ParableTalenReplying tokoolgal
      covered call is shorting and trading options.
      07-24
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    • koolgal
      All the best 🍀🍀🍀
      07-24
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    • koolgal
      Thanks for your excellent suggestions 😍😍😍
      07-24
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  • covered call is shorting and trading options.
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    • koolgalReplying toParableTalen
      Thanks 😍😍😍I have much to learn from you. Best of luck🍀🍀🍀🌈🌈🌈💰💰💰
      07-25
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    • ParableTalenReplying tokoolgal
      cash secured put and covered call
      07-25
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    • koolgalReplying toParableTalen
      What are "csp" and "cc"?
      07-24
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  • Chaishen
    ·07-24
    Thanks for sharing , added into my potential portfolio list
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    • koolgal
      Have a wonderful day 🌈🌈🌈
      07-24
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    • koolgal
      Best of luck 🍀🍀🍀
      07-24
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    • koolgal
      My pleasure 😍😍😍
      07-24
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  • Sonsonkok
    ·08-02

    Great article, would you like to share it?

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  • angjy1998
    ·07-29
    Great article, would you like to share it?
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  • Impressive
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  • InvisibleP
    ·07-25

    Good

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  • Great article, would you like to share it?

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    • koolgal
      Have a wonderful day 🌈🌈🌈
      07-24
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    • koolgal
      All the best 🍀🍀🍀
      07-24
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    • koolgal
      Thanks 😍😍😍
      07-24
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  • KSR
    ·07-24
    👍
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    • koolgal
      Best of luck 🍀🍀🍀
      07-24
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    • koolgal
      Have a wonderful day 🌈🌈🌈
      07-24
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    • koolgal
      Thanks 😍😍😍
      07-24
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  • InvisibleP
    ·07-24
    good
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    • koolgal
      Have a great day🌈🌈🌈
      07-24
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    • koolgal
      Best of luck 🍀🍀🍀
      07-24
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    • koolgal
      Thanks 😍😍😍
      07-24
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  • zuma
    ·07-24
    thx
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    • koolgal
      Best of luck 🍀🍀🍀
      07-24
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    • koolgal
      Have a wonderful day 🌈🌈🌈
      07-24
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    • koolgal
      My pleasure😍😍😍
      07-24
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  • 这篇文章不错,转发给大家看看
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    • koolgal
      Best of luck 🍀🍀🍀
      07-24
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    • koolgal
      Have a wonderful day 🌈🌈🌈
      07-24
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    • koolgal
      Thanks 😍😍😍
      07-24
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