ULTY
YieldMax Ultra Option Income Strategy ETF
stock NYSE ETF

Wait, ULTY has a dividend yield of 132%? How does that work?

LOL, ULTA? How do you figure that?
Before you comment figure out what you’re commenting on.
LOL, ULTY = ULTA!
At NO TIME was this the case, LOL 😂

Same. Sold my house in 2021 and decided to live in my car for a few years while throwing all the proceeds into BTC and various proxy stocks. One of those were 1000 MSTR when it was about 2 billion market cap and still holding about half the stack until it reaches a few trillion market cap. Don’t even need to sell it or the BTC now because the earnings off that MSTR profit went into ULTY and is bringing in several thousand a week passive income. Basically retired in my late 20s thanks to BTC

ULTY will get you 1400 per week with 100K investment. Talk with a tax guy I know nothing about that.

You should be wary of any yield that essentially doubles your money in a year with dividends reinvested. If you backtest ULTY it’s basically got the same beta as QQQ so not as risky as you think on a total return basis. Just don’t expect the distribution yield to equal your total return over 6+ month holding period.

How is ULTY not too good to be true?

Based on the 5y chart, it looks like ULTY has contango?

1) $UP...350shares
2) $MRNY...200 shares
3) $ULTY...120 shares
4) $CIFR...110 shares
5) $LITM...90 shares

Don't bother with a rental property.
Go all into ULTY. It's paying out over 100% a year. If you want to diversify, do 50% ULTY and 50% MSTY.

I’m thinking about doing this with my Roth IRA. I want to get $1000 worth of PLTY, TSLY, ULTY, NVDY, MSTY and use all the dividends to get QQQI, SPYI, and BTCI. I then want to use their dividends to start buying SCHG. This will be a 1 year experiment and I want to see how much additional money I can “contribute” using dividends.

lol are you me? I’m RKLB, MsTY and ULTY, and just got some Reddit to ride up. Let’s go rockethomiee

Interesting. If you find the video do you mind sharing? A lot of people praising ULTY on the Yield Max sub probably would like that info 😅

Dump into ULTY. Do it!

Now take the balance and put it in ULTY and watch roughly 80k come through on your investment without needing to watch the market

ULTY has gone from about $14 to $6 in 12 months

Actually much heavier (60%) in MSTR/STRF/STRK/STRD (70/10/10/10), no IBIT, ULTY is in a brokerage account and all the divvy’s get sent to strike, powering a DCA buy daily and subsequently to my hard wallet every .03 BTC or so. Nothing against IBIT, just prefer self custody. MSTR play is core, as a leveraged play.

ULTY does not follow ULTA lol

Risk/reward. Would you feel safe putting the capital you have in MSTY or ULTY into the underlying stock MSTR or ULTA? The returns on the covered call funds are 100% reliant on the share price appreciation of the underlying stock.
It's a lot of risk to take for performance that won't even beat the underlying. And MSTR is a 3x levered Bitcoin play. Risk.

I've got no problem putting 3-5% of my portfolio in ULTY and squeezing every penny out of it. Weekly payouts get redistributed into JEPI, JEPQ, and FEPI. I use DRIP for payouts on those three ETFs.
NAV hasn't eroded for me as I'm still money to the good. If I get down, I will have to analyze payouts received in aggregate vs NAV loss to assess my profit / loss picture and make a decision to either sell, or stay the course.

$500k in ULTY would pay you $7,200 a WEEK. Yes, a week.