When the markets are volatile, QYLD comes to my rescue with nice, juicy dividends at 11.82%. Dividends are paid monthly. The next one is due on November 18! QYLD has been paying dividends every month for 10 years running. That is a phenomenal record! QYLD uses a Covered Call Options Strategy on the Nasdaq 100 Index, saving me time and expense of doing so by myself. This is normally the domain of big institutions and expert traders. I am certainly looking forward to November 18 next week when I will get to collect my next dividends from QYLD. That is just simply divine!
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 18.51 | -3.02% Holding |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Nice strategy! any other recommendations when the markets are volatile?