I maintain a hold rating on QYLD, noting that high implied volatility in QQQ boosts dividend yields through larger option premiums. QYLD has underperformed the S&P 500, returning 8.3% in the past ...

For years, I’ve believed that volatility is the primary driver of investment. It’s an inarticulate encapsulation of a capital markets theory, but when all the rhetoric is boiled away, volatility ...