QDTE: Timely Moment To Exit This ETF With Its 33% Yield And Weekly Payouts
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Roberts Berzins, CFA12.48K FollowersFollow5ShareSavePlay(7min)CommentsSummaryThe Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) has recently performed like a dream investment for income investors.It has delivered rich dividends (above 30%) while keeping the price stable.However, I think that QDTE is now exposed to a risk, which many might be missing because of the complexity that is associated with 0DTE options.In the article I provide more details on this and also explain why I have taken my QDTE profits. PM Images/DigitalVision via Getty Images The covered call ETF space has really boomed over the past couple of years. Before 2020, we did not have such instruments available. Now we have the Neos S&P 500 High Income ETF (SPYI), the NEOS NASDAQ-100 High IncomeThis article was written byRoberts Berzins, CFA12.48K FollowersFollowRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.Analyst’s Disclosure:I/we have a beneficial long position in the shares of IAUI, QQQI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.