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Subject:  QYLD ETF 12% yield with Covered Calls Date:  5/9/2021  2:35 AM
Author:  rainphakir Number:  117673 of 118272

QYLD is Global X NASDAQ 100 Covered Call ETF
Similar to the QQQ ETF.
But QYLD uses covered call options to pay a 12% annual yield, distributed monthly.

QYLD is structured such that there is no capital appreciation... all gains are the dividends.

It's price has been relatively stable, mostly trading between $20-$25. March2020 saw prices in the low $18s.

QYLG is a hybrid between QQQ and QYLD.


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