Investors Alley
Trade of the Week: COIN
This week, we are doing a covered call analysis on Coinbase (COIN).
The stock price has been in something of a downtrend in recent months, with the shares well off their highs.
In the meantime, volatility has been subsiding, but remains high compared to most other stocks.
We are looking at COIN because there is a single stock covered call ETF from YieldMax, CONY, and an inverse of it, FIAT, where either could be (or could not be) interesting additions to the portfolio in my new ETF Income Trader service.
New! Weekly Dividends
I just shared two new weekly paying dividend stocks with my ETF investors. Every week like clockwork you get dividends added to your account from these same two stocks… over and over and over. They’re part of an even larger portfolio filled with dividend-payers with yields upwards of over 100% and there are new ones added every month.
Trade of the Week: COIN
Jay Soloff
This post was originally published on InvestorsAlley
