Covered Call ETFs - Start making passive income with only $20

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Covered Calls are known to be an expensive strategy, but they make for great income. Covered Call ETFs are a great solution for small accounts, where you only need $20 to start. In this video, I'll compare two covered call ETFs QQQX vs QYLD to see which pays a higher income, and which has a better return versus the underlying ETF, QQQ.

⚠️ DISCLAIMER ⚠️

I am not a financial advisor. This video is for entertainment and educational purposes only. You (and only you) are responsible for the financial decisions that you make.

[SeanSolano]

One of the most underrated options youtubers!

[thbfinance]

Also, QYLD’s ‘dividend’ or Covered Call Premium payout has been dropping as the fund’s price drops. Still good but not as good as 3-4 months ago. Since I got in it’s been lower each month.

[thetruthandnobs]

greatly appreciated. the comparison info is the key 🔑 factor for any investor considering which etf to get. I've watched quite a few youtubers who regularly compare income etfs. So this is so nice to see - how to use options to supercharge monthly income. THAT'S the most important thing !

[Wildboy]

Its tricky... because holding growth is great, but the idea of dividends is they force u to sell basically... so if u hoard divs on the way up, then spend them during a panic, u do way better

[facetheEast_]

i am still trying to understand the basics here of covered calls, was the $20 a click bait because i don't think i heard anything about it in the video

[isaiahrahim]

Can you sell a coverd call on QYLD ? I have over 1K shares . Currently using Quest Trade

[murtazapitalwala]

Why not QYLG? 50% growth and 50% covered calls?

[Brassfunky]

Does anyone know if you can hold these covered call etfs in a roth ira without any issues? I know LPs you will owe tax on any amount over $1000 even if it's held in a roth ira.

[Princess_Jasmin]

lol that then vs now made me burst into laughter 🤣

[leorenegade]

So... you have to have 100 shares to sell covered calls... so you'd actually need closer to $200.... slightly deceiving because you didn't even remotely mention this...

Investing $100 a month would be 5 stocks a month while it's around $20, assuming it stays there, it would take you 20 months to be able to sell covered calls.... why didn't you say that?

[jimmcclure]

BST seems to have outperformed both QYLD and QQQX with higher dividends and better capital appreciation.

[georgebeats]

Start making passive income with only $20??? I think i miss that part?

[Raul-vehb]

Can you share your reasons why you prefer using Robinhood?

[pimpinassassin]

I got qyld only 10 shares I mean sure u get money every month but I like bgs that pays every 3 months

[dlzk]

Most of the good covered calls are like NVDIA, amazon and plntr.who.want to loose this big stocks are prone to high growth