2D·

Speaking of dividends.... Part 1

I like these covered calls. And if they keep their first monthly distribution, it will be an annual 10%. It's still really small and fairly new and I'm curious to see how it develops. Big price jumps are not to be expected, monthly payments are always something nice for me.

05.06

SXY

Other Global X Euro STOXX 50 Covered Call UCITS ETF EUR

Bought x1000 at €15.14

€15,138.00

15 Comments

Epi@Epi

Covered calls could actually make sense for the Dümpelindex EU50. 🤔

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Dividendenopi👴@Dividendenopi

@Epi That is the plan, it is certainly running a lot more smoothly than the $QYLE and the dollar risk is out

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Epi@Epi

@Dividendenopi CC ETFs are ideal for sideways markets. That's what the EU50 is known for. So it could be a perfect combination. 🤷

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Dividendenopi👴@Dividendenopi

@Epi we will find out

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Epi@Epi

@Dividendenopi The joke with something like this is usually: Once everyone has figured it out, the story is over...
I give it 3-5 years.

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Dividendenopi👴@Dividendenopi

@Epi that's why I started right at the beginning, and I agree with you, cc are not for people who are long-term oriented. Nice mix for regular returns and sideways markets and you should stop when it's at its best. The next few months will show whether I may have already missed the time at $QYLE. If the US market drops another 20 percent, then it was a bad investment. This also includes 🤷‍♂️

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Epi@Epi

@Dividendenopi Yes, you can see it very well in the current price performance of $QYLE vs $EQQQ.

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