ETFs that partly implement a CC strategy also underperform the market over the long term.
$QYLE (-0,37 %)
$JEPI (+0,42 %)
$JEGP (+0,12 %)
$JEPQ (+0,89 %)
$WINC (+0,77 %)
$IE000MMRLY96 (+2 %)
JPM Global Equity Premium ETF
ETF
ETF
ISIN: IE0003UVYC20
Ticker: JEGP
IE0003UVYC20
JEGP
Price
Discussion sur JEGP
Postes
17416H·
Why covered call ETF strategies are not an income and are bad for wealth accumulation.
www.youtube.comCovered Calls: What People (Still) Get Wrong
1414
25 Commentaires
Tamas A.@CompoundingCouchCo
15H
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1010
•Voir toutes les 4 autres réponses
3Sem.·
Monthly review September and renewed forecast increase 2025...
...just 3 months ago the 3rd milestone of 20k was reached earlier than expected, last month we also raised our personal year-end forecast from 23k-25k to 25k-28k and now, 1 month later, we are pleased to have to raise it again.
The new target is now 27k-30k and should the upper limit be reached here, the last 10k would be realized in just 6 instead of 10-12 months.
Some people may smile at this numerical example, but this is still a boring dividend portfolio 🤫
...but a quick look at the facts...
...September, even if it wasn't my strongest month, delivered average results in contrast to the past, but we probably owe that more to the April🍊 correction than to the usual course of events...
...for the year as a whole, as I mentioned at the beginning, things are still looking pretty good...
...and more than satisfactory over the entire term so far 🫠
Above all, however, because the currently forecast dividend value for 2026 is mathematically a good ~27% of the average annual investment amount or, to put it another way, this increases by a good ~27% on its own (without taking into account any increases/caps) 💪🏻
Which brings us to the topic of dividends...
...September was a good month and, despite the still modest portfolio value, brought us a monthly dividend of €275.42 net (gross €298.99) for a good reinvest 🤑
There was also a small change to the portfolio itself this month:
》🟢 Top 3
$3750 (+1,14 %) +35,19% (+74,45%)
$HSBA (+0 %) +9,41% (+23,42%)
$RIO (+1,19 %) +4,91% (+5,95%)
》🔴 Flop 3
$HAUTO (+0,37 %) -8,32% (+44,10%)
$BATS (+0,34 %) -6,64% (+80,26%)
$1211 (+1,8 %) +1,28% (-16,36%)
》Disposals
》Additions
》Increased
All in all, a good look back at the future 📈
Wishing everyone a nice rest of Sunday and a good UPtober together ✌🏻
2727
19 Commentaires
3Sem.
Very cool, I also think it's great when other people achieve their goals ahead of time. And with your health setback, I really wish you all the best 🔥😎.
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3Sem.·
Dividend September 2025
Dividend received September 2025
How much dividend did you receive?
11
3Sem.·
40k broken!
2 months ago I shared that I had broken the 30k. Now the 40k has also been broken. Before the end of the year I hope to reach 50k.
On to more!🤩🦍
$BTC (+0,01 %)
$TDIV (+0,64 %)
$VWRL (+1,01 %)
$VUSA (+1,19 %)
$JEGP (+0,12 %)
$JEPI
9Positions
40 097,54 €
1,83 %
1Mo·
Dividend Reinvested, and 2 goals realized !
Dividend Reinvested $JEGP (+0,12 %) & $TDIV (+0,64 %) further expanded
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3 CommentairesUtilisateur supprimé
1Mo
Le commentaire a été supprimé
1Mo·
Dividend vs. Covered Calls
I’m running a small investing experiment to see which approach can generate steadier monthly cash flow: dividend investing or selling covered calls.
My portfolio is relatively small, so I don’t mind taking a bit more risk if it means I might learn something new.
Disclosure: I used ChatGPT to clean up my phrasing and typos, but I asked it to keep things simple and stay true to my own words.
Why I’m Doing This
I currently invest through my company, which gives me a great tax advantage.
- I don’t pay tax on realized capital gains because my company is under Hungary’s KIVA system. Under KIVA you don’t pay corporate tax on profits or investment income; instead, you pay a flat 10 % on the total gross salaries you pay out each year. So if you have many employees—or pay yourself a generous salary—you effectively pay tax through that payroll base rather than on the gains themselves.
- I don’t pay the usual 15 % Hungarian dividend tax because I invest through my company under the KIVA system, where the same 10 % salary-based rule applies. Some countries still withhold tax at the source—for example, U.S. dividends now get a 30 % haircut since the Hungary-U.S. tax treaty was dropped, while the U.K. doesn’t withhold anything extra.
- Option premiums are also untaxed, so I keep 100 % of those.
Running a company teaches you that strong cash flow is everything. So I thought: why not try to create reliable cash flow from investments too? Monthly-paying dividends are one way. Another is selling covered calls, which can provide instant income.
Quick Covered-Call Primer
A covered call means you own at least 100 shares of a stock and sell a call option giving someone else the right to buy those shares at a set price by a set date.
Because you already own the shares, the call is “covered.” The buyer pays you a premium up front.
Your obligation: if the option is exercised, you must deliver those shares or buy back the contract (often at a higher price).
If you’re curious, watch a few good YouTube explainers—it’s easier to grasp from a video than from my summary.
My Two Test Portfolios
Dividend Portfolio
Contains $JEGP (+0,12 %) , $UKW (+0,79 %) , $MCSTP —each paying around 8–10 % annually.
- JEGP and UKW dividends are tax-free for me.
- MCSTP is taxed at 30 %, but I’m testing how this new product of $MSTR (+1,56 %) works long term.
Options Portfolio
Currently just $NU (+0,94 %) . I like the stock, it’s easy to buy 100-share lots, and it’s great for covered calls.
Yes, if NU “goes to the moon” my call might get exercised and I’d have to sell—but I’d still keep the premium. You can roll options to capture extra upside, but that usually means choosing a later expiration date (moving from monthly to perhaps yearly).
Bought 100 shares for $1,580, sold an Oct 24 call at $16.50, and pocketed a $44 premium.
Early Results & Thoughts
- Dividend side: Launched in April. Prices have dipped, so even with dividends I’m slightly negative—mainly due to $UKW (+0,79 %) . I’m okay with small paper losses since I’m here for cash flow.
- Options side: Less than a month old. $NU (+0,94 %) ’s price moves more, which suits me. If I get called away, I’ll just rebuy 100 shares next month and sell another covered call.
In October I need to decide whether to add another 100 NU shares or introduce a second stock. On my watchlist: $WT (+0,19 %) and $INFY (-2,32 %) . My screening process still needs fine-tuning.
I also figured out how to track option income in Getquin: just add a manual “dividend” to NU so the dividend features capture the premiums. Works nicely for performance tracking.
See the attached picture for results. Feel free to follow if you’re curious how this experiment unfolds.
I don’t post often, so you won’t get spammed—just occasional updates on new moves and my thinking.
I’m far from a pro, so don’t expect sophisticated analysis!
Cheers!
Dividend Portfolio
Options Portfolio
1Mo·
Money market ETF
Hello everyone,
My mother would like to invest money. A total of €30,000
15,000 will be invested in the $VWCE (+1,12 %)
5,000 € in the $MEUD (+0,43 %)
5,000 € in the $JEGP (+0,12 %)
5,000 € remain in the clearing account
The interest from the clearing account and the monthly dividends are to flow into a money market ETF.
Do you have any recommendations?
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19 Commentaires
1Mo
Pro tip: Never play the "investment advisor" for family, friends, etc., you will always be the bogeyman!
I would explain to your mother how it works, what products are available, how they are put together, what the options are for her investment term, etc. so that she can make the decision herself.
I would explain to your mother how it works, what products are available, how they are put together, what the options are for her investment term, etc. so that she can make the decision herself.
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1Mo·
That thing always falls, doesn't it?
The thing falls when the market falls and falls when the market rises. Can you actually $JEGP (+0,12 %) actually short it? The strategy should be promising 🤣
77
15 CommentairesEuro to dollar strength is also detrimental.
Could turn again in a few years.
Could turn again in a few years.
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•1Mo·
New dividend portfolio
I would like to start a completely new portfolio that will primarily revolve around dividends.
As a core I was thinking of $TDIV (+0,64 %)
Would you say this is a good core?
If not I would add $VHYL (+0,52 %) add.
Additionally I would like to have a CC ETF as a kind of support, probably $JEGP (+0,12 %) and or $SXYD (+0,67 %)
I would like to represent the NASDAQ with $EQQQ (+1,79 %) but I will represent it with $ASML (+1,87 %) and $2330 will be added.
Allianz $ALV (+1,01 %) and Munich Re $MUV2 (+0,62 %) I definitely want to include, but they are too expensive for me financially, so I was thinking of the $EXH5 (+0,89 %)
Oil shares are represented by $VAR (+1,17 %) and one more.
Do you have any recommendations?
I am thinking about $CVX (-0,25 %)
$EQNR (-0,73 %) and $PETR4 (+0,41 %)
I would also like renewable energies, but I'm not familiar with them.
Do you have any suggestions?
Becoming a defensive company $ULVR (+0,07 %)
$D05 (+1,1 %)
$O (+0,21 %) and of course $NOVO B (-0,65 %) Being.
$BATS (+0,34 %) I already have in a portfolio, would it be too much of a lump to add $MO (-1,42 %) to add to it?
I still have $KHC (+1,01 %) on the watchlist but the split is not going so well, would it be wise to start with a savings plan?
Apart from that $RIO (+1,19 %)
$NKE (-0,85 %)
$1211 (+1,8 %)
$SOFI (+5,06 %) and $HAUTO (+0,37 %) will be represented with smaller positions.
What is your opinion?
Would you improve anything?
What else would you add, especially in EE and defensive stocks?
Feedback is very important to me here, so far I have just been wandering aimlessly around the stock market without a fixed plan and strategy.
This is my first attempt to build something serious.
Greetings to all Getquins out there!
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