I thought to discuss potential (pro & con) of Covered call strategy and hear from those who has been using this for last few years.
I recently come across multiple ETF that are listed in US and provided high monthly Dividend Return. As these are US listed stocks there will be 15% tax withhold by US government and result from sharesight has deducted those tax (Good tool that they developed).
Please note that covered call are risky investment and you lose capital example is YMAX where capital is deteriorated overtime.
I name some of them and their return based on sharesight.
1. My favourite out of all is DIVO. Which is listed since 2016 hence went through Covid time and as you can see had decent capital growth with monthly dividend income.
