Replies to post #1 on EWA Australia iShares (EWA)

[Elmer Phud]

This looks like a license to print money. What am I missing here?

It continues to look like a license to print money.

The dividend is $0.45560. Add to that the premium of $0.35 I got for the July Calls and it's $0.8056 to cover my borrowing cost of $0.07!

I'll just keep rolling this as long as I can and pocket the money.

[Elmer Phud]

This looks like a license to print money.

It was.

I did.

[Elmer Phud]

This looks like a license to print money. What am I missing here?

For anyone interested, this has been an absolute license to print money month after month after month.