Oct Profit/ Loss sharing #6

This month,  I added positions on option-trading and monthly-dividend-paying ETFs based on single stock as underlying. I chose these underlyings - PayPal, Tesla, Coinbase, Nvidia, AMD.

These ETFs are ideal if you see option trading potential in certain high volume and fluctuation stocks, but you neither have enough capital to acquire 100 units of it (min. requirementfor option trading), nor the know-how to do option trading effectively.

The drawbacks are:

1) High fees (to justify the man hours needed to execute the desk work)

2) Prone to price erosion as a result of NAV erosion (not enough investor trust, so investors come in and out) and fees

3) 30% WHT, ouch, can someone tell me how to legally avoid this?

As such, if you decide hop in, you have to track your PNL diligently to make sure the dividend you gain is more than the losses in stock value. This will not be your permanent holding; it's a vehicle to achieve your short-term goal of accumulating cash sooner so you can put them to work sooner.

The following are the price performance after my first dividend collection. I didn't reinvest / DRIP  the dividend.