QYLD Turns Mag 7 Tech Stocks Into an 11% Dividend Yield

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) transforms the Nasdaq-100’s top technology stocks into an 11% monthly dividend by selling covered call options against its holdings. Unlike traditional dividend ETFs, QYLD generates income exclusively through option premiums. The fund sells near-the-money call options on its entire portfolio each month, collecting premiums from buyers who … QYLD Turns Mag 7 Tech Stocks Into an 11% Dividend YieldRead More