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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (59512)	5/10/2022 4:09:53 PM
From: Lee Lichterman III	1 Recommendation Recommended By ajtj99 Read Replies (2) \| Respond to of 97257

XYLD for S&P 500 and QYLD for the NAS. They are covered call funds but you never know if they are going to blow up. There's been ones like it in the past. It's all good until a black swan moves against their algorithms. I dabble in them but I won't put a whole lot in them. If I had a crystal ball that let me know they wouldn't mess up, I'd just put everything in them and forget about it. High yield plus they track the indexes somewhat close. Why be greedy? Like I said though, they can blow up if they mess up their ladders and spreads.