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

Posted on 8/14/25 at 11:24 am to
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/14/25 at 11:24 am to
wow. this thing took a huge shite today. ex div day combined with a down day.

I think my stop is at 5.77 which was last support.

at 5.88 as of 11:27 AM
This post was edited on 8/14/25 at 11:41 am
Posted by BCreed1
Alabama
Member since Jan 2024
6413 posts
Posted on 8/14/25 at 11:54 am to
I'm long term in these with deeper stop losses. I have pulled my investment out of them and using the drips to buy more.

Right now I am dripping into PLTY. Again, their money buying more shares.

My goal is small with these. I want 3K to 5K per month when I retire.


Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/14/25 at 12:21 pm to
i just cannot pull the trigger right now on any big purchase if this thing decays like it did early on. the div will not outweigh the drop. i do not need appreciation just hold steady.



I am nowhere near getting my money back on initial investments. thus more caution to buy. Now if this was VOO or QQQ i would dump a ton into it on a dip. even bito or JEPQ(which i bought yesterday).

52 week low on ULTY is 5.23
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 8/15/25 at 12:49 pm to
I’ve kept toying with ULTY. The only thing I’ve seen online about it I find truthful is that it’s targeted to gamers seeking a constant dopamine hit.

I’m still above water, but that’s after making a half dozen trades each week selling when it rises and the buying when it dips. There’s no way the average investor is putting this much effort into it for a few cents a share.

Anyone just dripping it is effectively losing $.12/sh for every $.10 distribution.

Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/15/25 at 2:29 pm to
yeah i might dump this soon. see what happens. Might sell my MSTY also.

quote:

but that’s after making a half dozen trades each week selling when it rises and the buying when it dips. There’s no way the average investor is putting this much effort into it for a few cents a share.


that is exactly what i have always said. You basically have to trade this damn thing. cannot set and forget.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
66797 posts
Posted on 8/15/25 at 7:55 pm to
Am I understanding the tax portion here correctly?

Let's say you make $15k in distributions in MSTY over a year but the dropping share price puts you in a $10k hole on your initial purchase.

If you sell at the loss before the end of the year, are you only taxed on the $5k net profit?
This post was edited on 8/15/25 at 8:03 pm
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 8/15/25 at 8:04 pm to
The tax structure is their gimmick, and ROC is their game. There’s no tax on the ROC distributions until your cost basis hits zero. They publish the % each week and it always seems to be 99-100%, which begs to question the effectiveness of their strategy.

But, because they chose that approach, burning the asset value is inevitable.

They can’t allow for the fund collect value. Consequently, they have about a 10% window to collect their 1.5% fee, trading costs, and any other incidental expenses.

If they manage that perfectly, the share price can increase. If they don’t…

This post was edited on 8/16/25 at 9:09 am
Posted by uptowntiger84
uptown
Member since Jul 2011
5123 posts
Posted on 8/16/25 at 8:06 am to
I was in yieldmax funds but switched over to roundhill. Check out MSTW its roundhills MSTY fund but pays weekly instead of monthly. For my needs its worked out better.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 8/16/25 at 9:15 am to
I’ve noticed the social media gurus seem to cycle their wisdom as the hype for each one fades. First is was roundhill, currently it’s yieldmax, but defiance is on deck.

Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/17/25 at 12:48 pm to
quote:

I was in yieldmax funds but switched over to roundhill.


i have xdte. right now i am more comfortable with that than ulty and msty,

at this rate i may just stick with YYY, BITO and JPEQ and XDTE .

Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/20/25 at 9:20 am to


When BITO is more stable than this shite that is sad. Think i am about done with yieldmax.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
71550 posts
Posted on 8/20/25 at 9:35 am to
ULTY and YMAX have gotten pummeled the last week
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35605 posts
Posted on 8/20/25 at 10:14 am to
Considering the dividends, I’m still in the positive on MSTY and YBIT. But I only have a few shares and won’t be buying any more. I might sell after the next dividend.

UTLY will be interesting as they started buying the underlying assets instead of having purely a synthetic strategy. I’m going to see how that plays out. That could make it more stable than their other funds.

JEPQ, SPYI, GPIQ and BITO are my core covered call dividend funds.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4477 posts
Posted on 8/20/25 at 11:24 am to
Seeing ULTY take L’s trying to trade Target seems like a telltale sign they’re out of ideas about ways to capitalize on $3bil AUM.

It reminds me of when Cathie Wood couldn’t find enough stocks to fill her space fund so she started hoarding caterpillar and John Deere.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11865 posts
Posted on 8/20/25 at 11:25 am to
I officially got the frick out. Overall, since February, I made about $4,000. I think I was $28,000 in DIVs and $24,000 on taking a L. It was fun while it lasted but I'm bowing back to my TradFi self.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/20/25 at 11:27 am to
quote:

That could make it more stable than their other funds.


it is supposed to. we shall see.

quote:

JEPQ, SPYI, GPIQ and BITO are my core covered call dividend funds.


have both those and really like them. Will check out other two you mentioned. My other 2 right now for dividends are YYY and XDTE
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89172 posts
Posted on 8/20/25 at 11:34 am to
quote:

I officially got the frick out.


damn. yeah it looks bad.
but we always knew we had to watch these close and bail when needed.

Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
66797 posts
Posted on 8/20/25 at 12:24 pm to
All of my stops hit this morning so I'm out as well

Thinking about splitting the money I had in YM between SPYI and QQQI.
This post was edited on 8/20/25 at 12:36 pm
Posted by TheWiz
Third World, LA
Member since Aug 2007
11865 posts
Posted on 8/20/25 at 12:46 pm to
quote:

QQQI


That's where I parked it. I guess I didn't go totally back to TradFi, but this is much more in the realm
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35605 posts
Posted on 8/20/25 at 1:17 pm to
quote:

My other 2 right now for dividends are YYY and XDTE


I have a handful of shares of XDTE. I think the novelty of it is the weekly payout. I’ll watch and might buy more as it matures. Seems solid overall though. I’ve just been in SPYI and JEPQ for so long now that I’m very comfortable with them.
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