SCHD: Strong Dividend Made Stronger With Selling Options

Schwab U.S. Dividend Equity ETF is a popular dividend-focused ETF that has provided consistent growth and a decent yield. However, while we hold a long position in SCHD, we also have employed options selling to generate additional 'income.' In our latest moves, we saw an early assignment of covered calls, completing the option wheel strategy. The next move is once again doubling down and writing another round of puts, starting the strategy over once again.

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Schwab US Dividend Equity ETF ( SCHD ) is a well-known and highly popular dividend growth-focused ETF. Not only do income investors get to enjoy a relatively higher yield from this ETF, but they also