Is it possible to rotate capital around between monthly dividend stocks to maximize dividends? Is there a reason something like the following would not make extra profit - or would wash sale rule or taxes or something mess it up?:
DIV JEPQ (3rd-6th) 》SELL JEPQ (6th-10th) 》BUY GGN (10th-12th) 》DIV GGN (21st-24th) 》SELL GGN (24th-26th) 》 BUY JEPQ (26th-27th) 》》 RESTART SEQUENCE 》》DIV JEPQ (3rd-6th)
This routine would hit all the ex dates properly and theoretically works. Im just wondering if i have blinders on to something. If anyone could explain with a bit of detail, I'd appreciate it.