A Strategy Tested by Market Swings

The Global X NASDAQ 100 Covered Call ETF (QYLD) employs an options-based strategy to generate monthly income from its holdings in the Nasdaq 100 Index. This derivative-income focused fund manages approximately $8.14 billion in assets, establishing itself as a major vehicle for investors seeking yield.

Recent price action in the ETF’s core holdings highlights both the potential and the limitations of its approach. A key component, Apple Inc., saw its shares climb Read more...