Skip to main content
No. of Recommendations: 0
Not clear if this post belongs here. So, please just correct it if necessary.

I'm curious about all the new ETFs based on covered calls. A good example is QYLD, paying "dividends" >10%, a fee of 0.6%, and little of no upside potential as the strike selected is right At-The-Money.

Intuitively, they make sense as part of a portfolio to cover the eventuality the market goes into a "Zombie" state. 2021-22 come to mind if the economy does not heal quickly after covid.

Any thoughts?
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.