QYLD is the very first ETF that uses Covered Call Strategy to earn dividend income since December 12 2013. Historically investors invest in Nasdaq 100 Index for growth . However with QYLD , dividend income is generated monthly by selling call options on Nasdaq 100. In fact the Fund Manager Global X has been paying dividends consecutively for 11 years running . The current dividend yield is 13.55%.
When the US markets are down , QYLD brings me the comfort of dividends which is a great source of passive income .
@TigerClub @CaptainTiger @Tiger_comments @TigerStars
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Open | 16.93 1 | +5.68% Holding |
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