I know QYLD is a great tool to receive good dividend ~12.0% per annum. And I also know the price has been relatively stagnant, trading within range. After withholding tax, my net yield will be 8.4% per annum.

Every cent counts when come to dividend portfolio, so instead of buying at cash market, I actually sell put option at $20 and I am happy to collect it if it strikes. It is better than buying at cash market @ $20.50.

The premium I receive for 3 weeks (or 1 month) is around 9.6%. This is still better than buying at cash market with dividend yield of 8.4%.

I intend to deploy this method every month and receive premium of 9.6% to 10.0% per annum by selling put option on QYLD.

My question is does this method make sense for foreign investor like me? I want to hear everyone’s opinion. Thanks.$Global X NASDAQ 100 Covered Call ETF(QYLD)$

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  • Thanks for sharing your experience👏. Pros-Good👍❗️Any Cons🤔❓
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    • 財運到財源滾滾到Replying toOptionspuppy
      Thanks for your fruitful sharing
      🍎🍐🍊🍌🫐🍓🍑🥝🥭🍅
      2022-04-19
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    • Optionspuppy
      Have if it falls below $20


      U need to piCk it up atv20 to times 100
      2022-04-19
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  • highhand
    ·2022-04-15
    good method. too bad no weekly options...
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  • ValuInvestor
    ·2022-04-15
    Sell puts are great if you are ready to take on the stock
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  • Joppee
    ·2022-04-19
    if doing good then no problem
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    • Optionspuppy
      I feel its loW so used the easter game $10 voucher Buy some
      2022-04-19
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  • iceflower
    ·2022-04-17
    okok.. like me
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  • coolyyy
    ·2022-04-15
    NIce i think can buy ar 20 Or sell put at 19.50 Very safe
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    • coolyyy
      Great
      2022-04-15
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  • Wayneqq
    ·2022-04-15
    It is a good strategy.. the liquidity for this etf is not very high.. so that is something to pay attention to..
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  • Bonta
    ·2022-04-15
    This approach is [Strong] and sound. In fact, put premiums returns is not taxable when compared to dividends
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  • kiliman
    ·2022-04-15
    no horse run
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  • Maria_yy
    ·2022-04-15
    12 percent dividend a year? That's a lot.
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    • Kkhkkh
      I think worKable
      In the eVebt it falls more
      He have some buffer oF 0.50 to 0.70 looking at the buffer and premium addded
      2022-04-15
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  • Yolofomo101
    ·2022-04-15
    To the Mooooon!
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  • powerbert
    ·2022-04-15
    But Non-US citizens need to pay 30%tax, so end up only can get 8%+ dividend.
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  • DonnaMay
    ·2022-04-15
    Be careful, financial markets will be very volatile this year.
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  • LouisLowell
    ·2022-04-15
    I don't think there's anything wrong with your thinking.
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  • cheerzy
    ·2022-04-16
    It is more important to chose a stable one.
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  • Gackky
    ·2022-04-16
    woo, nice tips.. will consider that
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  • InvisibleP
    ·2022-04-16
    How to get dividend in options?
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  • Superdog
    ·2022-04-15

    Nice 

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  • niceeeeeee
    ·2022-04-15
    Yes i think can
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  • kaido
    ·2022-04-15
    like pls
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