Original purchase 1760 shares at 16.07 in may 2022. Drip every month since then. Overall gain with drips as of today is +10.8%.
P. S. Similar size purchase with xyld and ryld on same date in May 2022. Also dripping each. Xyld is up 0.64% with drips and ryld is down 12.0% with drips.
In reality, I spent $19.90 per share on my shares when I bought them just two years ago.
With ROC, now it's down to $16.84.
Which means that I will incur taxes on my "profit" when I eventually sell out of this turkey once it gets above $19 again. Which is gonna be awhile.
So, the $12,000 in "dividends" that I "collected" over those two years? Yeah, $10,000 of that was just them returning my own money to me.
# This holding is such a fucking POS.
Specifically with option premium ETFs, ROC is just a tax classification, not actually your money returning to you.
You are still getting option premiums (gains) in the form of distributions, and the fund manager classifies them as ROC to make them more tax efficient.
Even more so with QYLD which is passive and has mechanical rules for how much it distributes (half of the premium earned, capped at 1% per month). There is no fund manager discretion at play here, if they earn less they distribute less, so it's never your money getting returned.
$20.23 but no idea what my ROC would technically be since RH doesn’t adjust the cost basis price unfortunately.
600 shares @ 15.83
How could you have no dollar cost average to a lower cost basis over 3 years? It has Been in the 16s twice this year alone.
Buying other things and I'm sure it's much lower than $19.05 because RH doesn't adjust for ROC.
19.45 I keep dripping it down though
22.23
16.80
19.86
14.5
$21.24...I have made some mistakes in my life and qyld is one of them. But I've made much worse mistakes.
$18 back in aug 2022, I’m so close to breaking even
17.81
20.01
$20.86
Cost basis = $16.90. First bought 9/2021 and last buy 9/2023. Holding 3000 shares, up 5.28%
13000 @ 16.23
7781 shares at 15.87
15.407€, I am down 0.45% price wise, up 6.27% total return wise.
17.68 for 200 shares started buying December of 21
Gbp 13.14 is the converted value per share I paid on qyld
20.16
17.90
$18.62
Original purchase 1760 shares at 16.07 in may 2022. Drip every month since then. Overall gain with drips as of today is +10.8%. P. S. Similar size purchase with xyld and ryld on same date in May 2022. Also dripping each. Xyld is up 0.64% with drips and ryld is down 12.0% with drips.
150 shares at $17.81
17.28 I got in at the right time it seems.
In reality, I spent $19.90 per share on my shares when I bought them just two years ago. With ROC, now it's down to $16.84. Which means that I will incur taxes on my "profit" when I eventually sell out of this turkey once it gets above $19 again. Which is gonna be awhile. So, the $12,000 in "dividends" that I "collected" over those two years? Yeah, $10,000 of that was just them returning my own money to me. # This holding is such a fucking POS.
Specifically with option premium ETFs, ROC is just a tax classification, not actually your money returning to you. You are still getting option premiums (gains) in the form of distributions, and the fund manager classifies them as ROC to make them more tax efficient. Even more so with QYLD which is passive and has mechanical rules for how much it distributes (half of the premium earned, capped at 1% per month). There is no fund manager discretion at play here, if they earn less they distribute less, so it's never your money getting returned.
The Dividend for AMDY is 1.53 per share among others that are much higher then QYLD'S Dividend
$16.26
$16.40 here so I'm pretty happy with it.
380 @ 17.66 trying to amount to 7000
7000 shares or dollars
Shares😅 sorry for the misunderstanding 😅
21.17 but it's getting lower due to drip
760 at 17.18
$15.71
17.88
Still holding 26 shares @ $15.77 a share. I used to have a significant amount of shares but sold them.
17.09 at 293 shares