@Alice_MiaX@ETFdelta It's a actually a 12% yield right now since it traded for two weeks, not a month. (0.2371÷51.53)*26. This is because the income comes from options on only SPX. Their goal is to have a very stable nav with income from spx options.
@Quant_Kurtis@Alice_MiaX I just read the prospectus. You're right. Options are only implemented on SPX and not the rest of the underlyings.
In this case we'd expect a somewhat stabilized nav with about 10-14% annual yield - similar to their Spyi.
@estrogenstrong@Alice_MiaX But it's not down if you include the distributions.... Idiot. Regardless I'm not too fond of Wpay anyway since it's just a leveraged etf giving you distribution. Better off with other leveraged products.
@cashflow_king94@YieldMaxETFs Did they state when they intend on implementing it? Any updates on them selling more puts or buying calls for bullish runs?
@Nims_Adventures@yield_addicted I don't know where to look - but if you have the information, which one has the most OTM calls? I know ULTI bought calls for sure since it uses iron condor so we may see it greener than ULTY on bull runs.
@elonmusk It's funny how when Tesla first went mainstream, the woke that are against you now were your biggest supporters. It wasn't until you became the richest man in the world that they started hating on you. 😂😂
@johnlegend@chesaboudin I am afraid to go to even the nicest neighborhood of San Francisco now because even those neighborhoods are targets for crime. I suggest you stay in SF for a week - even WITH your security you'll want to leave after the 1st day.