I opened $Global X Nasdaq 100 Covered Call ETF(QYLD)$  ,Why QYLD is good for you: The Global X Nasdaq 100 Covered Call ETF (QYLD) is a popular ETF that offers investors a unique income-generating strategy. Here are some reasons why QYLD is a good fit for you, particularly with its monthly dividend: Monthly Dividend Income: QYLD distributes dividends on a monthly basis, providing investors with a regular income stream. This can be attractive for those seeking predictable income, such as retirees or those living off their investments. High Yield: QYLD's dividend yield is relatively high compared to other ETFs, with a current yield of around 11.5% [1]. This can provide a significant source of income for investors. Nasdaq 100 Exposure: QYLD tracks the Nasdaq 100 Index, which is comprised of the 100 largest and most actively traded non-financial stocks listed on the Nasdaq stock exchange. This provides investors with exposure to a diversified portfolio of technology and growth companies. Covered Call Strategy: QYLD employs a covered call strategy, which involves selling call options on the underlying Nasdaq 100 Index. This strategy can help generate additional income through the sale of options premiums, which can enhance the ETF's overall yield. Low Volatility: QYLD's covered call strategy can help reduce the ETF's volatility, as the sale of options can provide a hedge against potential losses. This can make QYLD a more attractive option for investors seeking income with lower volatility. Tax Efficiency: QYLD's monthly dividend distributions are generally considered qualified dividends, which are taxed at a lower rate than ordinary income. This can make QYLD a more tax-efficient option for investors seeking income. Liquidity: QYLD is a highly liquid ETF, with a large market capitalization and a high trading volume, making it easy to buy and sell shares. Overall, QYLD's monthly dividend, high yield, Nasdaq 100 exposure, covered call strategy, low volatility, tax efficiency, and liquidity make it an attractive option for investors seeking predictable income.
QYLD
09-16 21:44
USGlobal X Nasdaq 100 Covered Call ETF
SidePriceRealized P&L
Buy
Open
17.95+1.12%
Holding
Global X Nasdaq 100 Covered Call ETF
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  • I love QYLD
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    • Optionspuppy
      I bought QYLD 17.85 and sold a call at $18 at 0.15 strike price 0.15
      09-17
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  • KSR
    ·09-17
    👍
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  • KL8388
    ·09-17
    ok
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  • CINDYTAN
    ·09-17
    [smile]
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