May. 1 at 7:02 PM
Got to thinking about covered call strategy ETFs today and decided that the best situation is high dividends with a more stable net asset value. The most stable NAV is going to come from an ETF that trades securities that trend higher, which is why I have enjoyed YBTC so much.
So I went looking for Amazon and Apple based, covered call strategy ETFs and I’m surprised to see that the
$AMZY and
$AMZP pay over 20% and prior to the last three month headwinds, managed to pay the dividend with a slightly increasing NAV. 🤔
$AAPY and
$APLY are funds that use
$AAPL and pay around 15%, and also have that more steady NAV.
Never stop learning new things! I’m basically 40, been investing since I was 9, trading since I was 17 (daily, 22 years) and this year I’ve learned more about covered call strategy ETFs then I knew there was to learn—and like anyone learning new things, I realize there’s a TON I don’t know!
