There's a silver lining to it taking this long for Andrew and Tristan Tate to finally get their asses arrested. At least Chase DeMoor already beat the shit out of him in the boxing ring first. Small mercies, but I'll take it.
@ChaseDeMoor There is nothing redeeming about Tristan and Andrew. I appreciate you kicking Andrew's ass before he got arrested though. It was an entertaining spectacle.
@defianceinvest I'm never buying a Defiance fund again after the crap you all pulled with SMCC. I know you all know that people were positioning for earnings, and now you are going to close these funds weeks before their underlyings' earning reports? Completely unacceptable.
@roundhill An interesting concept. Picking winners can be tricky early on in any industry, but an ETF like will have its holdings change based on what happens in the market relative to its rules.
@money_cruncher It just depends on how much liquidity you need and if you want to sell shares to get income. Some are willing to pay the taxes. If someone isn't, they should be a growth investor.
@InvisibleM69080@REXShares@bigredoptions Sure if the upside potential is good enough. Based on the options positions that ULTI has right now, it is. I invested in leveraged single stock based income funds last year and returned 27.5%. How did you do?
@InvisibleM69080@REXShares@bigredoptions The fund has a bullish strategy and released right before a downturn on high IV tech stocks. When the layers of puts were put in place, the fund stabilized, and, on rally days, the fund often goes up more than 10% in value. This is an aggressive strategy even with its OTM puts.
@REXShares@bigredoptions You are doing great, Matt. Don't listen to the haters. I see that the fund is position to catch upside. When the market rallies again, ULTI is going to go on a tear. I bought my first shares of ULTI yesterday after looking at how the fund is positioned with its holdings.
@TheCheekyPundit@YieldMaxETFs CHPY and GPTY have held up well NAV wise and their total returns have blown the S and P 500 away.
The key is for pick good underlyings and understand the fund's strategy. The movement of the holdings effects the NAV significantly more than weekly distributions do.
@bradford__nick@roundhill_ops It's based on the performance and IV of the underlying. I think AAPL is probably better suited for a covered call strategy since they are a mature company at this point.
@RajatIsRich@roundhill_ops Implied volatility is a part of their formula. I haven't looked at implied volatility for either stock, but that's something to consider.