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re: What are this boards thoughts on MSTY/ULTY?
Posted on 8/14/25 at 11:24 am to Fat Bastard
Posted on 8/14/25 at 11:24 am to Fat Bastard
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
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 on 8/14/25 at 11:54 am to Fat Bastard
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.
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 on 8/14/25 at 12:21 pm to BCreed1
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
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 on 8/15/25 at 12:49 pm to Fat Bastard
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.
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 on 8/15/25 at 2:29 pm to lsuconnman
yeah i might dump this soon. see what happens. Might sell my MSTY also.
that is exactly what i have always said. You basically have to trade this damn thing. cannot set and forget.
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 on 8/15/25 at 7:55 pm to Fat Bastard
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?
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 on 8/15/25 at 8:04 pm to SidewalkTiger
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…
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 on 8/16/25 at 8:06 am to LoneStar23
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 on 8/16/25 at 9:15 am to uptowntiger84
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 on 8/17/25 at 12:48 pm to uptowntiger84
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 on 8/20/25 at 9:20 am to Fat Bastard
When BITO is more stable than this shite that is sad. Think i am about done with yieldmax.
Posted on 8/20/25 at 9:35 am to Fat Bastard
ULTY and YMAX have gotten pummeled the last week
Posted on 8/20/25 at 10:14 am to Fat Bastard
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.
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 on 8/20/25 at 11:24 am to Suntiger
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.
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 on 8/20/25 at 11:25 am to Suntiger
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 on 8/20/25 at 11:27 am to Suntiger
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 on 8/20/25 at 11:34 am to TheWiz
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 on 8/20/25 at 12:24 pm to Fat Bastard
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.
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 on 8/20/25 at 12:46 pm to SidewalkTiger
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 on 8/20/25 at 1:17 pm to Fat Bastard
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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