Thesis
The Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD) is a spectacular option for investors looking to cash flow from the stock market. Through their model of selling covered calls on Nasdaq-100 stocks, they can
QYLD: Fantastic For Income Investors, But There May Be A Better Option
Summary
- QYLD offers a stellar 10% annual dividend yield with monthly payouts, beating most "dividend stocks".
- QYLD has offered steady stock performance over the past 5 years, which beats most stocks with a similar yield.
- QYLD is hard to beat when it comes to income.
- However, selling your own calls on the QQQ has yielded much higher returns than QYLD over the last 5 years.
"A fade is a contrarian investment strategy that involves trading against the prevailing trend." We look at low-cap stocks that are not covered by mainstream investment firms in search of early opportunities spanning a variety of investment philosophies. The best opportunities are found when looking where others won't. Let us know if you want us to cover any specific tickers and we'll be sure to take a look! Formerly Moonshot Equity Analysis.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of QQQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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