When the markets are in the doldrums, I find comfort in QYLD as it pays nice, juicy dividends every month. The current dividend yield is 11.21%. In fact the fund manager Global X has been paying dividends for QYLD for 10 consecutive years in a row. QYLD uses a Covered Call Strategy on the Nasdaq 100 Index which is normally the domain of big institutions and expert traders. QYLD recently reached its all time high of USD 18.81. The current retracement is a good entry point.
@Tiger_comments @TigerClub @CaptainTiger
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 18.22 | +1.76% Holding |
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Nice!