ULTYlonelyStork41863 I don't know what you know about covered call ETFs, And also, if you have watched the more than a dozen videos online about how YeildmMax re-jiggered how they generate income so you will not see "as much" share price erosion as you saw until April of 2025. So I am not sure how to respond. I am analyzing it and looking to buy it on dips, In this chart you can see a TON of volume just POURING in on this, since June. So someone has more faith in it than they used to. My chart shows a potential new Yellow trading zone, that, according to Yieldmax, should NOT go a ton below $5.21 and if it does, then it should not at the rate it did until April 2025. It needs the VIX (at the bottom of the chart) to get more volatile and it needs the risky-assed stonks they use for ULTY to go up, not down. If you track the huge group of stonks you can get an idea of how they are doing. I am not saying it cannot go below $5.21 I am saying I would buy it in that green zone (for me). Below the green zone, I would be curious to see at what rate the share price deteriorates.
Question: if you were to take 9 cents a week and multiply it out for the rest of the year and x the number of shares you have, do you at least break even if it stays between $5 ands $6?
ULTY There is a major psychological level at $6 for all the people that are YOLO’ing life savings into this for the yield income. They switched to a weekly payout around April (along with - more importantly - a different investing approach) - which slowed the NAV erosion.
Even so - the returns (yields) in arguably the best 4 month bull Marker of all time outside of COVID are -10% less than investing in the S&P. .S&P is up 30%+ since April - and the return on ULTY ($1.8 dividends) less the NAV erosion is about $1.5.
In short, you’ve made $1.5 on a $6.25 investment in ULTY since April. This only 24%. Compared to SPY which is up 30%.
Not sure why these high yield funds are such a part of this bubble top we have in the market - but 6 months from now after this Admin completes its decimation of the market, ULTY will get wrecked. Be careful.
ULTY lonelyStork41863 I don't know what you know about covered call ETFs, And also, if you have watched the more than a dozen videos online about how YeildmMax re-jiggered how they generate income so you will not see "as much" share price erosion as you saw until April of 2025. So I am not sure how to respond. I am analyzing it and looking to buy it on dips, In this chart you can see a TON of volume just POURING in on this, since June. So someone has more faith in it than they used to. 
