๐๐๐The arrival of DeepSeek's AI model R1 caused Nasdaq 100 to dive over 3% on Monday's trade. So when the markets are volatile, I seek comfort in QYLD as it provides great monthly dividends. QYLD does this by using a Covered Call Options Strategy in which it buys stocks in the Nasdaq 100 Index and sells corresponding call options on the same index.
QYLD has been making monthly distributions 11 years in a row.
The current dividend yield is 11.92%. QYLD's latest dividend distribution was 0.1877 cents for January 2025 with an ex dividend date of January 21 2025. The next ex dividend date is February 25 2025. Ka-ching!
@TigerClub @CaptainTiger @Tiger_comments
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 18.21 | -6.86% Closed |
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Great article ๐๐ฅฐ๐