09-16-2021, 01:57 PM
The yield math doesn't work at all. A lot of us owned XLE back then and the dividend was barely over about $2/yr if I remember correctly. Don't sweat it though. The point is those sub $40 XLE shares were a nice score for you, especially since you could have sold them for about $55 about six months later if you chose. And of course I wish I had chosen that lol. I sell covered calls but it doesn't completely fix it. Accurate market timing is a bitch lol.