Global X Funds Global X NASDAQ 100 Covered Call ETF (QYLD) Options

I think it should be now 1/20/23 for record 1/23 as X-div.

Ex-Dividend Date12/29/2022

What is next XDiv date for QYLD?

Just keep spending

...and the Rep's want to fly it into the ground. Both plans will hurt.

Well said my friend

They’re killing the USA. Seems like they want all of the power by making citizens weak. They hope that we sell our first birth rite for a bowl of porridge.

Because everyone's afraid that Democrats are running this country right into the ground....... and as you can see they are

Why is the stock price down so much this morning?

That's good i love my alphabet stock as well. 21.2 shares atm.
Curious what drove to sell all your qyld? How much did you have?

Sold it all and bought alphabet

Share your results please. Im dollar cost avg this stock.... I stop purchasing my employers discounted shares

Why down to 21.50 from high $22? Any ideas?

Interest rate fears?
Value of underlying stock?

Both?

best of luck to you sir!

Considering adding more this year. We'll see. To me it's a hedge and a good dividends producer. Don't think it will ever see the teens again

I have 2000 shares in my Roth
I'm 70

in retrospect, think of how much i missed out on trying to time it; so there's that-


g/l!

Thanks for your input

i've been watching this for a year waiting for a pullback; while she pays a GREAT divy, if(when?) this market corrects I'm guessing it'll trade around $15 again???

time will tell

g/l!

$0.49 dividend this month. That's a lot, don't you know?

Not much conversation here I see.

At 1990 shares in my Roth

Agreed, was shooting for 10k shares to make that avg into 23 area on top of divy. would cover the price action for the year before retaining any dividends paid. Good point though. GLTY

Yeh, but you make up the difference with the divs if you own it now. Also no one can predict exactly how stocks will act so I took a position that allows me to buy more later.

I missed my 21.44 target and found some huge plays but will be adding late this year into 2022. GLTY

Yeh, I started a position.

Thank you both for information. I have been searching information while I wait for an entry. Stick gains here for a secure monthly income. GLTA

You are welcome and good luck.

Thank you for the response, Income is my main objective also. Tom

Ok cool.

yeah a quick search found my answer..thanks->


https://seekingalpha.com/symbol/QYLD/dividends/history

12% annually paid out monthly.

It pays dividends from the premiums derived from trading the options as far as I know. I would google it and read the details. The holdings do pay dividends too, so it may be a combination of both?
I still get a steady 12% paid out monthly. It does protect on the downside, but you do lose some of the upside, but again the INCOME is my main objective. Good luck.

Evening Mr. Rayank - I am within a year or two at most of retiring, if i understand correctly! the monthly dividend is actually a (Return of capital) payment until your original investment is returned? And then you are taxed at a regular income rate? Is that correct?

Will be looking for a long term entry this month. GLTY

You can't deny the stocks they are dealing with...
Good luck people!

Anyone have anything negative to say about this etf?

I am starting with 600 shares in my Roth IRA, and plan on getting to around 2500 or so, to yield around $500 a month.
My friend gave each of his two children 12K to open Roth accounts with just this ETF. They are in their late 20's so by the time they retire, they will have a tidy sum even if they never add to it.

Yea I bought some here and gonna be adding over the years. I like the nice dividend and the monthly payout. Hopefully this will be a staple in my bridge portfolio

Picked more up today at 22.60, woo

Ok well you have time my friend so take your time. You'll need about 1/2 of a million to get $4,000 monthly at 10% roughly.
Again Good luck.

I’ve had RYLD on my watch list for some time, I wish I had the time to day trade a bit. Only 31 so I just want steady income where I can get to like 4000 a month eventually. Right now I’m mostly banking on NWBO in hopes the data is outstanding, but every so often I transfer my savings over to my broker account and buy either something I see as undervalued or currently trying to get QYLD up. Going to take me awhile to get where I want but I still have plenty of time. It sucks when I want to buy a jet ski though, but I can buy better ones in the future if my plans all work out slightly lol

It goes up or down LESS than the markets usually, but it has the dividends. Again I have been in it for over 2 years. It makes money from the volatility of the market through covered call options. Interesting concept I thought.
IF you'd like 2 others that are similar that I also own:
DIVO and HSPX.
HSPX is also options based on the S&P 500 and DIVO uses the option covered call occasionally as a strategy, but is diversified more.
Another that I do NOT yet own is only a year old is RYLD: the Russell index options based ETF.
Do your own DD on DIVO and HSPX even though I own them don't take my word. RYLD I am keeping an eye on.
I own only 6 ETFs and my goal is INCOME, INCOME, INCOME as my wife and I are 73 years old. I only day trade some stocks now, but I used to only be in stocks.
GOOD LUCK.

I saw this EFT like a few months back, finally got into it 2 months ago. Going to slowly build up what I have to make a few hundred a month from dividends from this alone. Trying to get monthly passive income built up.

I have had it 2 years.

This High Yielding ETF is Perfect for Retirement Investors (QYLD)