These are pretty good ETFs XDTE and. QDTE. I've got 900 shares of each fund respectivey that pays me every Friday of the week. About .61 cents average x 1800 shares. 1060 bucks every friday. + - With a monthly average dividend of about 2.40 cents between the two. 1800 shares x 2.40. 4200 per month. + - 1060. bucks every Friday. 52 k per year current avg. Just off of these two funds. Will pay an initial investment of 85 k in a couple years or less This dividend does change weekly but all in all pretty good average. I will invest in RDTE when it comes out. I've received 10 dividend payouts so far. I'm not reinvesting the dividends back into the funds and I "may " sell a few of these shares to purchase the RDTE. .y portfolio consists of 47 ETFs now. So let's see what this gives me every month. This account is in a retirement account. TRUMP. 2024.
this is huge, holding a long term call and selling THE MORNING OF THE MARKET OPEN. The are trading off premium to avoid the potential huge drops over night like the Defiance funds see all to often. The trade the premium for security and could be a better offset. Depending on how far out they go with the sells, they can manage the trade better. I pulled historical open close a couple weeks ago and realized the SPY and found that 94% of the time its not down or up by more than 6pts each day, so as a point of reference they can move up or down from there increasing risk or decreasing depending on where they sell.
I just bought 10 each plus I see they also launched YBTC so I grabbed 10 of those too. Thanks, looking forward to what you have to say about these. Please comment on YBTC too
I think so far YBTC is paying around 30 percent. I was interested in that one too. There's another one that might be good for day trading called XBIT that is 2x leverage on Bitcoin futures.
Bought 10 each of QDTE, XDTE today. Wreaks havoc on my spreadsheet setup for monthly and quarterly. Taxes will be harder to figure with the ROC and LT Cap Gains.
Something similar was $TGIF and $WKLY which both got liquidated by SoFi that paid on a weekly basis and a large special dividend at the end of year. I'm hoping these can be good replacements since I really miss those two (especially $TGIF) I understand this is more risk with completely different holdings. But fingers crossed
I'll put it on the watch list and see how it plays out. I'm not interested in funds like the Defiance funds. To much erosion. I'm looking for more long tern high yield investments.
Key Distinctions: Defiance sells their 0DTE puts near the close the day before expiration, slightly in the money. RoundHill sells their 0DTE calls at the open the day of expiration, slightly out of the money.
If so many people are into weekly distributions, why did TGIF and WKLY fail? You could argue that their payments weren’t very high sub 5%, which until interest rates were near zero, wasn’t too bad. Just wondering if anyone knew why they dissolved those funds? The people that get in now will have their money tied up for 3 weeks before first payment so I hope they get some NAV appreciation vs the people who get in right before declaration on the 25th
@@JesusPeopleSF yeah you're right. It's Bitcoin futures based I believe. There's an Ethereum futures based one called EETH. I wish they could find a way to create an ETF that payed dividends off of staking crypto.
@@benmckinney2941I didn't know about the Ethe one. I actually think BTC is better in terms of the fundamentals and so I tend to stay away from the alts.
Looks like these are nice funds .. they are playing CALL Credit spreads .. Deep in the money Call buy and OTM call sell .. which will give us money.. I want to do the same in near future on NDX..
They are doing a poor man's covered call where one owns a deep in the money call with a delta of >90 where we don't lose when it goes above the strike price!
These funds always sell long call options but what if we head into a recession and the S&P 500 dips 50%? I understand that they use a 420 call option as their basis but it sounds like when the market dips they're always going to be losing money which could be for months on end
I want to get paid as often as possible but I'd say the market is a little extended and I'll wait for a Pull back of maybe 1000 points, SP is up over a 1000 from just OCT 23
I don't care much for Roundhill ... I have had METV for 2 years with hardly Any Growth until Recently...Great Stocks are in the Fund ... ..Yet it hardly has moved PLEASE ! Do your Homework......Everyone ..Thank you for the Videos
If the nasdaq version pays anything close to 25% annually, might be worth selling out of FEPI and getting QDTE, would get more diversification with this etf. What is everyone's thoughts on potential annual yield? Any options experts that can predict a range?
If you're going to have us vote to have one of the three funds removed we should be able to have the option to vote in one of these new funds I like the idea of X DTE
Do we have a payout yet? Is it Friday again? Just remember the first 2 guys got shot down!😮 So don’t be running into that battlefield with that blindfold on! 🤕 Wait for the scouts to report back!😂
@@RetireonDividends Not really! To complicated, and the payout to small - is a guess! The second attempt was TGIF - NOPE!😮 I didn’t see it happen - I was hiding!😂
I noticed NAV erosion occurs when they pay more than they made in income and/or the managers get whipped on their options throughout the year like Tsly with that 217.50 strike back in October I think. But NVDY amdy msfo and a few others are above their $20 start while still paying nice dividends.
@@bloodCount8895 NVDY and MSFO are doing well because the underlying's haven't been hit with hard declines. NAV erosion is coming to NVDY. Its how covered call strategies work. They have capped upside potential, and no limit to downside risk. NAV erosion is eventually inevitable. This is why the fund manager of YieldMax, Jay Pestrichelli always suggests reinvesting distributions to compound shares and preserve portfolio value.
@@theocratickingdom30 not yet. These funds are young. NVDY and MSFO are doing well because the underlying's haven't been hit with hard declines. NAV erosion is coming to NVDY. Its how covered call strategies work. They have capped upside potential, and no limit to downside risk. NAV erosion is eventually inevitable. This is why the fund manager of YieldMax, Jay Pestrichelli always suggests reinvesting distributions to compound shares and preserve portfolio value.
@@theocratickingdom30Plz don’t class FEPI and SVOL with that YM and defiance crap. 😂 Those will get killed in a market correction and they will not recover back.
available also on Robinhood. I can't find WKLY or TGIF on RB though. Wish they had a russell 2000 version of xdte/qdte as well. I might buy 1-2 shares of each and YBTC(this is coming from someone who thinks crypto is a scam)
Did I get that right? Their synthetic position is to buy a deep in the money call? That could wipe you out. Let's hope that it's the typical put/call synthetic position. Edit: Looks like thats exactly what they are doing. They are holding a 420.69 SPX call with March 21st expiration date.... Trolls.
These are pretty good ETFs XDTE and. QDTE.
I've got 900 shares of each fund respectivey that pays me every Friday of the week.
About .61 cents average x 1800 shares.
1060 bucks every friday. + -
With a monthly average dividend of about 2.40 cents between the two.
1800 shares x 2.40.
4200 per month. + -
1060. bucks every Friday.
52 k per year current avg.
Just off of these two funds.
Will pay an initial investment of 85 k in a couple years or less
This dividend does change weekly but all in all pretty good average.
I will invest in RDTE when it comes out.
I've received 10 dividend payouts so far.
I'm not reinvesting the dividends back into the funds and I "may " sell a few of these shares to purchase the RDTE.
.y portfolio consists of 47 ETFs now.
So let's see what this gives me every month.
This account is in a retirement account.
TRUMP. 2024.
The amount of compounding here is insane 😳. Being able to reinvest 50% of the dividends weekly is like going hypersonic
this is huge, holding a long term call and selling THE MORNING OF THE MARKET OPEN. The are trading off premium to avoid the potential huge drops over night like the Defiance funds see all to often. The trade the premium for security and could be a better offset. Depending on how far out they go with the sells, they can manage the trade better. I pulled historical open close a couple weeks ago and realized the SPY and found that 94% of the time its not down or up by more than 6pts each day, so as a point of reference they can move up or down from there increasing risk or decreasing depending on where they sell.
Also, now I am waiting for some of these people to do daily payouts next LOL
There is one that is doing that, it got approved last week, i think it will be tradeable next month
@@CashFlowKing-h8ido you know any details on it? That’s a lot of taxable events lol
for real
@@CashFlowKing-h8ifund name?
Do you know the ticker?
I just bought 10 each plus I see they also launched YBTC so I grabbed 10 of those too. Thanks, looking forward to what you have to say about these. Please comment on YBTC too
I think so far YBTC is paying around 30 percent. I was interested in that one too. There's another one that might be good for day trading called XBIT that is 2x leverage on Bitcoin futures.
Glad you saw my request. I'm about to dip my toe into it today.
How’s it going for you? I’m considering a position right after the weekend
Thanks ROD, i really appreciate this hard work. !
QDTE is very interesting imo for strictly payout look on it. But yes do a monthly check up please
Thanks!
Thank you very much
Will be interesting to watch this over the next few weeks.
I think this will be popular Definitely needs your coverage
Have potential (in my opinion), a touch expensive to buy at $52.41. If they are good, could be another game changer. Love for a weekly to make it!😅
Yea bcuz $WKLY didnt
been looking for something like this during the corrections
Bought 10 each of QDTE, XDTE today. Wreaks havoc on my spreadsheet setup for monthly and quarterly. Taxes will be harder to figure with the ROC and LT Cap Gains.
Very glad you found this! I’m 37 and always looking to diversify and have income. This is a game changer
I love it if you could follow these funds. Maybe every Thursday to let us know what you think the payout would be.
Curious, but too new still need more time examine......
I was just asking about this and people were referring me to dead etfs😂
Huge Thx
Any idea what the weekly dividend will be?
Nice - it’s not complicated the paying of dividends and tracking it’s all automated and there are several others that pay weekly already
Grab some of both and added to my portfolio. Today.
Hope it work out.
Something similar was $TGIF and $WKLY which both got liquidated by SoFi that paid on a weekly basis and a large special dividend at the end of year.
I'm hoping these can be good replacements since I really miss those two (especially $TGIF) I understand this is more risk with completely different holdings. But fingers crossed
I'll put it on the watch list and see how it plays out. I'm not interested in funds like the Defiance funds. To much erosion. I'm looking for more long tern high yield investments.
You are becoming my favorite schlep on youtube.Thanks for the info.
Got 1000 shares of each, weekly divi's pays my mortgage
Key Distinctions: Defiance sells their 0DTE puts near the close the day before expiration, slightly in the money. RoundHill sells their 0DTE calls at the open the day of expiration, slightly out of the money.
Good afternoon. I’ll definitely be watching. The XDTE price was $52.46 today. Thanks for covering these RoD.
According to the website, QDTE paid 0.36 March 25 & 0.33 on April 2nd.
That works out to 4% analyzed.
4%, did you multiply by 52?
Correction… 40% annualized.
Thank you for this! Considering a buy of 10K into each. Weekly income sounds nice for smoothing out cashflow!
Do it, u won't
@@Nintendo64nerd I did! started with a smaller buy 5K into each. Will DCA more cash into them over the next 6 months.
Absolutely $10k does!
Thanks for the heads up ROD! entered a small position on both
If so many people are into weekly distributions, why did TGIF and WKLY fail? You could argue that their payments weren’t very high sub 5%, which until interest rates were near zero, wasn’t too bad. Just wondering if anyone knew why they dissolved those funds?
The people that get in now will have their money tied up for 3 weeks before first payment so I hope they get some NAV appreciation vs the people who get in right before declaration on the 25th
Depends on yield weekly
I just opened a small position in QDTE.
Does anyone else remember wkly and tgif stocks? They paid weekly but about .02-.04. Wondering if these will fair better.
I vaguely remember those. I'm surprised XDTE and QDTE are already on the brokerage I use.
The crypto one is YBTC. It does options on BITO I think.
BITO itself does dividends
@@JesusPeopleSF I have BITO and MAXI too.
@@JesusPeopleSF yeah you're right. It's Bitcoin futures based I believe. There's an Ethereum futures based one called EETH. I wish they could find a way to create an ETF that payed dividends off of staking crypto.
@@benmckinney2941I didn't know about the Ethe one. I actually think BTC is better in terms of the fundamentals and so I tend to stay away from the alts.
There’s many definitions to synthetic. Buy calls sell puts is not the only way.
Its the best way tho.
Looks like these are nice funds .. they are playing CALL Credit spreads ..
Deep in the money Call buy and OTM call sell .. which will give us money.. I want to do the same in near future on NDX..
Weekly distribution is interesting hopefully the NAV will be fairly stable 👍…
They are doing a poor man's covered call where one owns a deep in the money call with a delta of >90 where we don't lose when it goes above the strike price!
What’s the expected yield?
What’s the divvy payout ?
Yay! Another fun thing to blindly throw a little cash at!
Always see the bright side 😂
I wonder how far OTM will they go.
Bought 20 QDTE today in my taxable account. Let's see what they can do.
This strategy was expounded on by Tom Sosnoff not too long ago. It seems to work long term.
These funds always sell long call options but what if we head into a recession and the S&P 500 dips 50%? I understand that they use a 420 call option as their basis but it sounds like when the market dips they're always going to be losing money which could be for months on end
Bought XDTE, QDTE and YBTC this morning!
Does YBTC pay weekly?
@@faitaccompli5878 No idea 😂
@@faitaccompli5878 It is monthly, it does covered calls on BITO (bitcoin), yield is 39.73% with 3.38% SEC.
I want to get paid as often as possible but I'd say the market is a little extended and I'll wait for a Pull back of maybe 1000 points, SP is up over a 1000 from just OCT 23
I need a quarter per week (.25)! 60 or more percentage and I am definitely in!
Since the fund is not selling a put, looks like they're doing a Calendar Spread, instead of a Synthetic.
Do we think this will have nav erosion like the yield max funds?
Good for compounding but bad cuz there will be way too many taxable events
Wait at least 6 months
Drop a couple of ymax and add these to cover
I bought one QDTE as a sentinel of my asset.
I wonder why do they need us if they already have a solid strategy? Or is it a scaling thing?
Putting some money on first ex date. What's next? Daily divs?
Lol
What’s the dividend payout
Are they in Canada?? Can’t find them on wealthsimple
This sounds like they're day trading covered call options.
BTW, Thanks for exploring these.
I don't care much for Roundhill ... I have had METV for 2 years with hardly Any Growth until Recently...Great Stocks are in the Fund ... ..Yet it hardly has moved PLEASE ! Do your Homework......Everyone ..Thank you for the Videos
They are meant as cashflow vehicles. Don't expect much nav appreciation !
@cristobalcardona4135 I think the problem with METV is that it has RBLX as one of its top holdings. RBLX is down over 40% over the past 3 years.
they are income fund not growth funds
Selling 50s/45s nav respectively
Can you cover SPYT too 🙏
If the nasdaq version pays anything close to 25% annually, might be worth selling out of FEPI and getting QDTE, would get more diversification with this etf. What is everyone's thoughts on potential annual yield? Any options experts that can predict a range?
HIT LIKE ALL !!!
So are the daily bearish play a counterwieght to Defiance weekly bullish plays.
If you're going to have us vote to have one of the three funds removed we should be able to have the option to vote in one of these new funds I like the idea of X DTE
It’s expensive right now. But just like any other stock it’ll go down
yup ill think ill buy 10 of each and just look at it for a month!
I’m going to buy both of them, thanks.
Im going to buy few hundred shares buy 25 to 50 shares a month in my dividends income
I bought 300 each of these today. Let’s see what happens
Their bitcoin fund pays +20% (so far) and roc.
First ex date and first payout date?
Do we have a payout yet? Is it Friday again? Just remember the first 2 guys got shot down!😮 So don’t be running into that battlefield with that blindfold on! 🤕 Wait for the scouts to report back!😂
Do you know why they did?
@@RetireonDividends Not really! To complicated, and the payout to small - is a guess! The second attempt was TGIF - NOPE!😮 I didn’t see it happen - I was hiding!😂
This seems intriguing and might be set up for tax advantages.
Seems good for my roth ira.
Their deep in the money call as a synthetic has a big bid/ask spread. Not very efficient.
Nav eresion lol just like all high yield ETFs . Will be fun to watch
I noticed NAV erosion occurs when they pay more than they made in income and/or the managers get whipped on their options throughout the year like Tsly with that 217.50 strike back in October I think. But NVDY amdy msfo and a few others are above their $20 start while still paying nice dividends.
All? Most of the Yieldmax funds aren't experiencing NAV erosion. FEPI isn't experiencing NAV erosion. SVOL isn't experiencing NAV erosion.
@@bloodCount8895 NVDY and MSFO are doing well because the underlying's haven't been hit with hard declines. NAV erosion is coming to NVDY. Its how covered call strategies work. They have capped upside potential, and no limit to downside risk. NAV erosion is eventually inevitable. This is why the fund manager of YieldMax, Jay Pestrichelli always suggests reinvesting distributions to compound shares and preserve portfolio value.
@@theocratickingdom30 not yet. These funds are young. NVDY and MSFO are doing well because the underlying's haven't been hit with hard declines. NAV erosion is coming to NVDY. Its how covered call strategies work. They have capped upside potential, and no limit to downside risk. NAV erosion is eventually inevitable. This is why the fund manager of YieldMax, Jay Pestrichelli always suggests reinvesting distributions to compound shares and preserve portfolio value.
@@theocratickingdom30Plz don’t class FEPI and SVOL with that YM and defiance crap. 😂
Those will get killed in a market correction and they will not recover back.
Available on E*trade already
available also on Robinhood. I can't find WKLY or TGIF on RB though. Wish they had a russell 2000 version of xdte/qdte as well. I might buy 1-2 shares of each and YBTC(this is coming from someone who thinks crypto is a scam)
Easy 1-5% of my dividend portfolio
Thanks. It's round 50 and 40 buck.
Thank you 🙏for your video ❤❤❤
I bought 1 share of both...just to see.
Thank you
Its $46.35
Bought one share of each 😜
We are assigning you to the front line. If you reach dog1 report back if it is a go! Your bravery is commendable! Thank you!
@@keithdavis5666 haha just one of each, not a lot!
Smart move!
Thanks ROD 🙏
If these funds pay a decent yield and they are successful, you will have to cover them. Lol
Interesting
Bought 1 share of each just to watch.
same here, to keep an eye
Bearish anything Bitcoin not a good look !
Who me?
Did I get that right? Their synthetic position is to buy a deep in the money call?
That could wipe you out.
Let's hope that it's the typical put/call synthetic position.
Edit: Looks like thats exactly what they are doing. They are holding a 420.69 SPX call with March 21st expiration date.... Trolls.
they are doing poor man covered calls not buy call sell put its just buy call sell call
RoR
nerds video game etf lmao 😂😂😂
No, just no. maybe if it was ran by a different company, but Roundhill has a horrid track record
track record for what?
@@AngelRodriguez-dz8yd ETFs in general. If you go to there site and look at all their ETFs you will see most are themetic ETFs that underperforn badly
Where did you read about their horrid track record?
waiting to hear on the track record...