$ULTI Farther to Fall$ULTI The Ultimate Software Group - possible Elliott waves on the weekly chart showing another leg down likely in medium term. HCM software a highly competitive space with some other major players, ULTI margins are already not the greatest. Targeting $220 (possibly lower) by February.
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Compare with REX IncomeMax Option Strategy ETF
Key stats
Fund info
Home page
Inception date
Oct 31, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
REX Advisers LLC
Distributor
Foreside Fund Services LLC
ISIN
US7615628671
CUSIP
761562867
FIGI
BBG01Y8KS1M4
Identifiers
ISIN US7615628671
ULTI aims to provide weekly cash distributions by combining equity exposure, options trading, and short-term US Treasuries. The fund holds a portfolio of 1530 US-listed stocks or equivalent synthetic positions created through options. Security selection is based on a quantitative process that targets names with high implied volatility and strong liquidity to enhance option premium income and dividend yield. Income is primarily generated from options strategies, which include writing covered calls, selling put options, and using call spreads to collect premiums. Note that while this approach offers consistent income, it also caps upside potential if stock prices rise significantly. To manage risk, each written option is offset by a lower-delta purchased option to limit potential losses during market downturns. Up to 10% of assets may be held in short-term U.S. Treasuries or cash, providing collateral and earning interest income.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Cash
Breakdown by region
Top 10 holdings
ULTI is forming inverted Flag & pole, short from current price. ULTI seems forming a bear flag & seems link we have flag breakdown. At the formation of Flag it can decline to 193' Lower then expected earning release also giving us further confirmation for decline.
We would consider October $195 Puts (Currently $5.4), or October 180 Puts - (Currently $2.2)
Trendline alone will do the jobUltimate software group had decisively broke the long term daily trendline in late March 2014.
After finding its support and rebounce from 110, it was met with huge resistance at 150.
Hence, my first short target is 110, failing to hold could just mean that i have more profit.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ULTI trades at 6.66 USD today, its price has fallen −4.66% in the past 24 hours. Track more dynamics on ULTI price chart.
ULTI net asset value is 6.49 today — it's fallen 10.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ULTI assets under management is 20.04 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ULTI price has fallen by −13.17% over the last month, and its yearly performance shows a −74.36% decrease. See more dynamics on ULTI price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −10.06% over the last month, showed a −40.70% decrease in three-month performance and has decreased by −23.93% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −10.06% over the last month, showed a −40.70% decrease in three-month performance and has decreased by −23.93% in a year.
ULTI fund flows account for 48.74 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ULTI invests in stocks. See more details in our Profile section.
ULTI expense ratio is 1.32%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ULTI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ULTI technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ULTI shows the buy signal. See more of ULTI technicals for a more comprehensive analysis.
Today, ULTI technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ULTI shows the buy signal. See more of ULTI technicals for a more comprehensive analysis.
Yes, ULTI pays dividends to its holders with the dividend yield of 127.09%.
ULTI trades at a premium (0.32%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ULTI shares are issued by Rex Financial LLC
ULTI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 31, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.





