A simple list ofcovered call ETFs for Income generation ... A simple list ofcovered call ETFs for Income generation ...
JEPI trade ideas
JEPI Buy the Dips WeeklyBeen eyeing the sweet little ETF for a little bit now. However, I feel JEPI is in the middle of a correctional/consolidation phase. A buy closer to $50 an 8% discount from the current highs. And another at around $47, a 13% discount from the current high.
JEPI: Nice 10%+ Dividend Income With Bullish TechnicalsI've recently gotten into JEPI for some more general equities exposure. This stock also provides dividend income from covered calls and equity linked notes (ELN). As someone who frequently buys and holds an investment for a decent amount of time I'd like to also get some income for those times when the investment is flat or sideways.
On the technical side, it looks like there's a possible inverse head and shoulders forming, which could mean some nice capital appreciation is in store for this investment.
go Long JEPI for alt Strat & monthly incomeThis is exactly the strategy to employ at market tops. You want broad market exposure along with some different alternative strategy funds in your portfolio to complement your trades.
This ETF has a very interesting strategy and it has just launched. I would not worry about the track record for the construction is solid, low expense ratio 0.35%, a dividend yield of 8.34%. It's composed of a wide variety of high-quality, low volatility stocks while also selling calls.
I took a look at the holdings and they include some NDX and some SPX names. It gives you a wide variety of exposure from Chubb and Deere to Elly Lilly and Google, and it appears currently they are selling calls against the SPX. So this, combined with the monthly payout of a dividend and the hedge it provides gives you income and stability. The dividends can either be reinvested, spent, or use for new opportunities.
