I have added a new position to my portfolio: YieldMax Big Tech Option Income.
Before the wrong expectations arise:
This is not a classic dividend growth stock. This is not about steadily rising distributions from corporate profits, but about ongoing cash flow from a covered call strategy on big tech stocks.
So why is it still interesting?
Because volatility is not annoying here, but is paid for. Monthly distributions, clear strategy, focus on the heavyweights of the tech world. For me, it's an income supplement, not a substitute for quality stocks with real growth.
For me, dividend growth remains the task of companies that increase their profits.
YieldMax takes on a different role: delivering cash while others wait.
Not a panacea. Not a core investment.
But definitely worth a look as a supplement for anyone who wants predictable cash flow.
