i have sold all my jpeq, went with qdte, xdte, ymag. The return is amazing after couple of months. I am now thinking about selling xdet for nvdy, and msty.
Thank you, great video covering all the angles. The NAV erosion of QDTE for me is the main drawback, especially as you rightly said don’t re-invest a portion of the distribution.JEPQ is now available in Canadian Dollars and I took the opportunity this week to add to my JEPQ US holding.
I appreciate the info. I’ve been waiting for someone to tell me what’s the tax implications for the roundhill funds. I’d like to see any comparisons amongst the covered call etf’s. I have a Portfolio full of them.
I will have more coming on covered calls ETFs! One thing to keep in mind with QDTE is that they will likely be rolling their long-term NDX call options by the year-end. This will likely produce capital gain (as opposed to return of capital based on their current form 19a) unless of course Nasdaq-100 is down by a lot. In that case, it will be return of capital for tax purposes.
My strategy,which I have yet to implement, would not include div. reinvestment when distributions are paid but after a flush down which is inevitable with 0DTE funds. The other part of the strategy is to pair the 0DTE etf with the underlying index in an appropriate ratio perhaps 80/20 QQQ/QDTE. or equivalent.
QDTE is using deep itm leap call and 0date covered call while jepg using real stocks and sc eln, when mkt upward qdte would be the best, but how about downward mkt, becasue of deep in the money leap call, you. need to check what strike price is it, this is the main problem of qdte.
QDTE Nasdaq-100 leaps call options have a delta of almost 1, which means they virtually have no time decay and go up and down with the index price one-for-one. They come with the leverage though. The main risk is counterparty not performing and something wrong going with FLEX options for QDTE as mentioned in the video. This may be a black swan event, but possibly can happen. But, as far as exposure to Nasdaq-100 with options, it is synthetic and synthetic exposure is nothing new. JEPQ does not use synthetic exposure and relies on stocks for many reasons, including their goal to have less volatile portfolio, possible earnings from securities lending, lower counterparty risk, and likely lower trading costs.
What are your thoughts on QDTE vs. JEPQ? Do you have other ideas for ETFs to compare? Let me know in the comments!
Pls compare XDTE & QDTE
I will look into it, thanks for the suggestion.
i have sold all my jpeq, went with qdte, xdte, ymag. The return is amazing after couple of months. I am now thinking about selling xdet for nvdy, and msty.
I will have a review of NVDY and similar YieldMax etfs shortly.
Thank you, great video covering all the angles. The NAV erosion of QDTE for me is the main drawback, especially as you rightly said don’t re-invest a portion of the distribution.JEPQ is now available in Canadian Dollars and I took the opportunity this week to add to my JEPQ US holding.
For sure, NAV erosion is something to keep an eye on with these funds, especially qdte.
I appreciate the info. I’ve been waiting for someone to tell me what’s the tax implications for the roundhill funds. I’d like to see any comparisons amongst the covered call etf’s. I have a Portfolio full of them.
I will have more coming on covered calls ETFs! One thing to keep in mind with QDTE is that they will likely be rolling their long-term NDX call options by the year-end. This will likely produce capital gain (as opposed to return of capital based on their current form 19a) unless of course Nasdaq-100 is down by a lot. In that case, it will be return of capital for tax purposes.
My strategy,which I have yet to implement, would not include div. reinvestment when distributions are paid but after a flush down which is inevitable with 0DTE funds. The other part of the strategy is to pair the 0DTE etf with the underlying index in an appropriate ratio perhaps 80/20 QQQ/QDTE. or equivalent.
Put 10K in QDTE and decided to just not look at it for the next few months and let it surprise myself lol
QDTE is using deep itm leap call and 0date covered call while jepg using real stocks and sc eln, when mkt upward qdte would be the best, but how about downward mkt, becasue of deep in the money leap call, you. need to check what strike price is it, this is the main problem of qdte.
QDTE Nasdaq-100 leaps call options have a delta of almost 1, which means they virtually have no time decay and go up and down with the index price one-for-one. They come with the leverage though. The main risk is counterparty not performing and something wrong going with FLEX options for QDTE as mentioned in the video. This may be a black swan event, but possibly can happen. But, as far as exposure to Nasdaq-100 with options, it is synthetic and synthetic exposure is nothing new. JEPQ does not use synthetic exposure and relies on stocks for many reasons, including their goal to have less volatile portfolio, possible earnings from securities lending, lower counterparty risk, and likely lower trading costs.