3Wk·

Stopped 🤷‍♀️

Unfortunately, I had to sell a previously nice cash flow position today. $QYLE (+0.09%) the stop_loss has taken effect. The monthly distributions so far have been pleasant, the ETF was bought and has served its purpose, I didn't want to destroy money in the longer term, hence the SL. Let's see when the next entry comes.

10.03

Other Global X NASDAQ 100 Covered Call ETF

Sold x950 at €15.00

€14,250.00

3.29%

13 Comments

Tenbagger2024@Tenbagger2024

3Wk

As long as the Orange Man gets one out every day, it's probably the better decision.

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Dividendenopi👴@Dividendenopi

3Wk

@Tenbagger2024 is an uncertain investment for the moment. However, the SL was set anyway and repeated regularly to avoid losing money unnecessarily. The ETF is not made for performance anyway

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Uwe@Holdmywater

3Wk

I hold the position and add to it. The savings plan is still running anyway. After the last setback to around €14, the share has also recovered and is paying a stable dividend. Overall, I am still well in the black.

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Sidespin1976@Sidespin1976

3Wk

I was thinking the exact contrary 😬 to buy some more and mediate the price

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Dividendenopi👴@Dividendenopi

3Wk

@Sidespin1976 I had a good entry price and decent performance over the year, cash flow is the key point for me, I'll be happy to buy again when the situation calms down and will still set a stop loss regularly

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Jophet L@Jophet

3Wk

Buy high sell low..😅

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Ata@Atacama

3Wk

I have this ETF in my savings plan. My goal is the "dividends". As long as they continue to flow, everything is fine for me.

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Thomas@tstoecki

3Wk

Why get out when the nasdaq has already fallen so far? Maybe another 5-6% down, then it should slowly recover. What's more, this ETF brings in money every month. Or did you only sell because otherwise you would have slipped into the loss zone?

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Dividendenopi👴@Dividendenopi

3Wk

@tstoecki I have just slipped into the loss zone as far as the buyin is concerned. Overall, I am in the black.

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Thomas@tstoecki

3Wk

@Dividendenopi Are you still expecting such a sharp fall in the ETF?

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Dividendenopi👴@Dividendenopi

3Wk

@tstoecki ja

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Sidespin1976@Sidespin1976

3Wk

@tstoecki if it goes down another 5% I will double up my position :)

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Thomas@tstoecki

3Wk

Incidentally, I have topped up again here, because if I have understood the ETF correctly, additional income is generated from call options. This means: as soon as it rises again, a leverage effect should set in and thus an out performance. Please correct me if I am wrong with my thoughts!

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