re: What are this boards thoughts on MSTY/ULTY?

from the looks of it, it is at its mid day dip for now around 6.38

see if it jumps back up and finishes higher.

you sound like me with BITO. it has support around thee 17 dollar level but it has been staying around 22 and some change. waiting for it to go back down but it may not anytime soon. hate to buy at this level but if i do i will have to have close stop/losses.

I must be the only one that isn’t making a killing on yieldmax. My average for MSTY is now 20.80 and MSTY is 5.60 after two months.

They really need to pick up the pace over the next 10 months to get me to the 50-80% promised lands every YouTuber claims is sustainable.

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ULTY weekly dividends have been pretty steady the last 2-3 months. Will be interesting to see if they can do this for 6 months to a year.

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we will find out soon

for now

keep the money counter going!

nevermind my phone app was wrong

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thats still great. getting back full investment in 2 years. thats nuts returns.

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Nobody would argue that. But when you see the total returns had you bought a year ago is only 7%, I think it’s far more likely this fund is at zero in two years.

Don't forget that ULTY completely revamped their prospectus earlier this year. You need to find the threads on Reddit that show how these guys balance the fund so when things start to tank it's collared with Puts and basically resuscitates the ETF.

I grabbed 2,000 more shares this week at $6.17. Just happened to be at my computer fricking off. Got really lucky. I now have 10,000 at $6.17.

MSTY is a different beast for me right now. I like it. I don't love it. I have 2,000 at $24.13. Still my yield on cost is in the 70% range. So to the dude up top that felt down because he wasn't slaying DIVS. Those days are over. $2.50-$3-$4 divs are gone. You need to hope for $1-$1.50. This isn't your GMC Denali. This is your work truck and your gonna ride the frick outta this bad boy until there's nothing left.

MSTY never left monthly. Roundhill has a new weekly called MSTW. It's brand new tho.

Look, those others are great. They have decent NAV and they still yield in the 30% range last I checked. That's insane.

I've got a tiny bit of margin left. Once I balance that, I'll probably start dumping a % of DIVs into something like QQQI. Less yield chasing.

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It will be easier to move out and see any problems quicker by the week.

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agreed

Looks like the consensus is $.80-.90. The fanboys are already starting to parrot the anthem “But, two divvies in August.”

August will be a key month to judge sentiment about their ecosystem. Negative sentiment noticeably increased for CONY this month. If MSTY price and distributions track the preceding month, it will be the first time a lot of people find themselves under water and trapped in it.

With ULTY approaching $2bil AUM from $600mil last year, I’d bet a lot of that money is coming from people fleeing their single ticker funds.