Stockchase Opinions

Bryn Talkington JPMorgan Nasdaq Equity Premium Income ETF JEPQ-Q BUY Oct 27, 2023

A defensive way to own the world's best companies. They sell covered calls on the QQQs with an 11% call premium.

$45.735

Stock price when the opinion was issued

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
JEPQ is a defensive way to play tech, which holds a big part of the Nasdaq 100. JPM sells 3-4% of the out-of-the money calls. This gives you income.
BUY

This is the best way to play AI and it's defensive.

PARTIAL BUY

Covered call product. Income from selling calls is considered a capital gain. Reduce volatility, but won't get as much capital growth. Good for slightly defensive investors who like income. 

BUY

It's a defensive way to play the QQQs. Pays a 10% premium yield.

RISKY
For someone close to retirement.

Extreme focus in the tech world. He'd be concerned to have this type of concentration risk in a retirement fund, you want to be more diversified. Look at the HPYT, which has a lot less beta. It would be fine as a piece, but not 50%, of a portfolio. Yield is 10-12%.