Nvidia With A 70% Yield? Why I Chose NVDY

Summary:

  • Nvidia Corporation is not a stock I normally look to for my main dividend portfolio, but the chart picture is such that I did so indirectly, via the covered call YieldMax NVDA Option Income Strategy ETF.
  • But the driver to that decision was my analysis of NVDA, from a technical, sentiment and quantitative standpoint, as detailed here.
  • My core approach involves “portfolio engineering” to maximize returns and minimize significant losses, diverging from traditional buy-and-hold strategies. This is the latest example.

Moscow, Russia - April 7, 2019: NVIDIA video chip on the motherboard

Antonio Bordunovi

I’m primarily a dividend investor, outside my trading accounts where just about anything goes. But I see the potential for this recent Nasdaq-infused stock market surge to carry a bit further. An observation I’ve made from studying and experiencing stock


Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA 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.

As noted, I own NVDY (covered call ETF) in my main dividend portfolio. I also trade NVDA via leveraged ETFs and options.

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.


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