When the markets are volatile, QYLD seeks to generate income through Covered Call Writing which produces higher yields. QYLD writes Call Options on the Nasdaq 100 Index, saving investors the time and potential of doing so individually. It is good to know that QYLD has been making monthly distributions 11 years consecutively.
The current distribution yield is 11.69%. QYLD goes ex distribution on January 21 2025, with a pay date of January 29 2025. Ka-ching! 😍😍😍🌈🌈🌈💰💰💰
Side | Price | Realized P&L |
---|---|---|
Buy Open | 18.19 | +1.76% Holding |
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