Matt Holcomb

Portfolio Manager @rexshares. Views are my own.

[REX Shares @REXShares]

$ULTI portfolio update.

The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed.

Names in purple report earnings this week.

Additions: $AMPX $ASTS $CIFR $CRCL $CRWV $INTC $IONQ $IREN $QUBT $RDW $SNDK

Subtractions: $AEHR $ALAB $FCEL $LUNR $LWLG $MARA $OKLO $RKLB $SMR $UAMY $UEC

Fund info and standardized performance:
https://t.co/jvA5CHlCWA

[REX Shares @REXShares]

Income doesn't have to mean giving up growth.

Many options-income strategies generate yield by capping nearly all of the upside. The tradeoff shows up in the NAV: $NVDY delivered a +57% total return since $NVII's inception, but its NAV fell 6.08% over the same period. Most of that return came from distributions, not price appreciation.

$NVII took a different approach. By only overwriting half the portfolio, REX preserved more upside exposure to $NVDA. The result: +77% total return and +15.37% NAV return - income and price appreciation, not one at the expense of the other.

Weekly distributions. Partial overwrite. Built differently.

View the fund page: https://t.co/k3KDL8T1ql

[REX Shares @REXShares]

$ULTI portfolio update.

The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed.

Names in purple report earnings this week.

Additions: $ALAB $BTDR $LWLG $MARA $RKLB $UAMY $UEC

Subtractions: $AMPX $ASST $CAR $FLY $HIMS $LITE $VG

Fund info and standardized performance:
https://t.co/jvA5CHlCWA

[Matt Holcomb @bigredoptions]

@randrewcworth 😂

[Matt Holcomb @bigredoptions]

@zachary_beasset @REXShares Yes - that’s the point. We are shuffling around to find the most volatile stocks to capture the premium.

[REX Shares @REXShares]

$ULTI portfolio update.

The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed.

Names in purple report earnings this week.

Additions: $AMPX $CLSK $CRML $IONQ $NBIS $ONDS $QBTS $RDW $SMMT $UPST

Subtractions: $ASTS $BE $BW $CORZ $CRCL $DOCN $RCAT $RIOT $SEDG $VG

Fund info and standardized performance:
https://t.co/jvA5CHlCWA

[Scott E McKenna @Scottemak]

Thank you @hydwarriors for bringing the community together to share their stories and network tonight. Great event and glad @REXShares was able to sponsor and be a part of the conversation.

@bigredoptions
@randrewcworth

[CryptoFit @randrewcworth]

1st ever High Yield Conference!

What I love most is every fund managers ability to articulate what they are doing and then being able to display a wealth of knowledge in manageable bites!

Thanks @hydwarriors for putting this on and @REXShares especially for snagging the food!

@bigredoptions @DavidANicholas @DavidDziekanski @AmplifyETFs @Scottemak

[Matt Holcomb @bigredoptions]

@hydwarriors @REXShares Glad I was able to join in the conversation! I love being able to connect with the community.

[High Yield Dividend Warriors @hydwarriors]

@REXShares @bigredoptions discussing options trading at the High-Yield Dividend Conference

[Matt Holcomb @bigredoptions]

@randrewcworth @hydwarriors @REXShares I’m looking forward to this!

[Matt Holcomb @bigredoptions]

$ULTI position consists of three parts: long the underlying stock, short a put spread, and short a call spread. Through active management, all three legs can be profitable. This week, Avis ($CAR) is a great example. Last Friday we:

·   Bought the stock at $493.86
·   Sold the put spread for $36.50
·   Sold the call spread for $35.40

On Monday, we sold the stock.  On Wednesday, we bought back the put spread.  And today we bought back the short call.  $ULTI profited on all three legs.

In total, we are up 33% on this $CAR position while the stock itself is down 35% over this same time period while still owning a call option for the rest of this week, giving us another opportunity to profit on a stock that has been significantly volatile.

This is the power of the ULTI strategy: Capturing volatility through disciplined, active management.

Past performance does not guarantee future results. For fund disclosures, please visit https://t.co/BB0T3spMOl

[REX Shares @REXShares]

Distribution News for REX IncomeMax™ Option Strategy ETF Holders!

Pay date: 04/24/2026
Amount: $0.1900

$ULTI Prospectus: https://t.co/BRN7cfx93O

$ULTI Fund Info and Standardized Performance:
https://t.co/IUSz4e0QGb

[REX Shares @REXShares]

$ULTI portfolio update.

The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed.

Names in purple report earnings this week.

Additions: $CAR $CRCL $RIOT $UMAC

Subtractions: $AMPX $CDE $UPST $USAR

Fund info and standardized performance:
https://t.co/jvA5CHlCWA

[REX Shares @REXShares]

$ULTI portfolio update.

The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed.

Names in purple report earnings this week.

Additions: $AMPX $AXTI $BE $CDE $CORZ $DOCN $USAR

Subtractions: $CIFR $COHR $FLY $FSLY $LQDA $SOC $UMAC

Fund info and standardized performance:
https://t.co/jvA5CHlCWA

[Matt Holcomb @bigredoptions]

@randrewcworth @REXShares Thank you!

[Matt Holcomb @bigredoptions]

@maxconvexityman @randrewcworth @REXShares Thank you!

[REX Shares @REXShares]

ULTI, a short volatility strategy, was up in a quarter when volatility spiked.

The REX IncomeMax™ Option Strategy ETF $ULTI has returned +14.80% YTD 2026 — outperforming the YieldMax Ultra Option Income Strategy ETF $ULTY (-0.56%), the Kurv High Income ETF $KYLD (-0.96%), and the S&P 500® (-0.61%) as the VIX rose from 14.95 to 20.92.

@bigredoptions

[REX Shares @REXShares]

Distribution News for REX Growth & Income Universe ETF Holders!

Pay date: 04/09/2026
Amount: $0.1503

GIF Prospectus: https://t.co/kEJTen8McX

GIF Fund Info and Standardized Performance: https://t.co/0WGTK19UFS

[REX Shares @REXShares]

$ULTI portfolio update.

The REX IncomeMax™ Option Strategy ETF refreshes its portfolio weekly, here’s what changed.

Names in purple report earnings this week.

Additions: $CIFR $IREN $LQDA

Subtractions: $AFRM $LMND $NBIS

Fund info and standardized performance:
https://t.co/jvA5CHlCWA