HDGE Dividend Type Payments

Ranger Equity Bear Bear ETF dividend

Although HDGE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Ranger Equity Bear Bear ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 10:50 AM ET):

Ranger Equity Bear Bear ETF (HDGE)
Bid Ask Last Change Volume P/E Market Cap
17.34 17.37 17.34 -0.04 6K - 0.0B

HDGE Dividend-Like Income Using Covered Calls

With HDGE at 17.34, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:

Annual Yield Annual Premium Cents/Day
3% 0.52 0.1
5% 0.87 0.2
10% 1.73 0.5

So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Nov 15 Expiration     Top 5 High Yield
1.FXI dividend 6.IWM dividend   1.LUNR dividend
2.NVDA dividend 7.TLT dividend   2.CAPR dividend
3.TSLA dividend 8.EEM dividend   3.WULF dividend
4.SPY dividend 9.EWZ dividend   4.AMAT dividend
5.SLV dividend 10.SMCI dividend   5.NMRA dividend

Want more examples? HDG Dividend | HDLB Dividend