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 | -2.70% Holding |
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Nice strategy! any other recommendations when the markets are volatile?